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The Morality Trap: When Doing the 'Right' Thing Keeps You Broke
Manage episode 487831937 series 1090713
Is it more moral to protect your future—or to financially bleed yourself dry trying to pay everyone back? In this episode, Steve, the original Get Out of Debt Guy, and Damon Day, the new Get Out of Debt Guy, unpack the emotional weight and moral confusion around debt, repayment, and financial survival. From the fear of bankruptcy to the guilt of walking away from a debt you can’t afford, we tackle the gray areas most people never talk about. We’ll explain why your sense of “doing the right thing” might actually be keeping you stuck, and how to find the balance between responsibility and self-preservation.
Visit https://getoutofdebt.org for more support and free resources. Damon can be reached at https://damonday.com.
192 episodes
The Morality Trap: When Doing the 'Right' Thing Keeps You Broke
Get Out of Debt Guy | Smart Debt Solutions for Your Financial Freedom
Manage episode 487831937 series 1090713
Is it more moral to protect your future—or to financially bleed yourself dry trying to pay everyone back? In this episode, Steve, the original Get Out of Debt Guy, and Damon Day, the new Get Out of Debt Guy, unpack the emotional weight and moral confusion around debt, repayment, and financial survival. From the fear of bankruptcy to the guilt of walking away from a debt you can’t afford, we tackle the gray areas most people never talk about. We’ll explain why your sense of “doing the right thing” might actually be keeping you stuck, and how to find the balance between responsibility and self-preservation.
Visit https://getoutofdebt.org for more support and free resources. Damon can be reached at https://damonday.com.
192 episodes
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