Why Debt Consolidation Is A Trap (And What To Do Instead)

📈 Are you on track with the Baby Steps? Get a free personalized plan.  Consolidation is great when organizing a drawer of tangled wires, but not so much with debt. In this episode, get the deets on debt consolidation, plus the key to avoid it completely.  Next Steps:  🎥 Watch my video Best Way to Pay Off Debt Fast (That Actually Works).  🎥 Watch my video How I Bought a House With No Credit Score.  💵 Start your free budget today. Download the EveryDollar app!  Connect With Our Sponsors:  🔒 Get 20% off when you join DeleteMe.  💸 Learn more about opening a high-yield savings account with Laurel Road.  📱 Get $5 off Tello's Unlimited Plan and enjoy great nationwide coverage for only $20 at Tello.  Explore More From Ramsey Network:  🎙️ The Ramsey Show    🍸 Smart Money Happy Hour  💸 The Ramsey Show Highlights  🧠 The Dr. John Delony Show  💡 The Rachel Cruze Show  🪑 Front Row Seat with Ken Coleman  📈 EntreLeadership    Ramsey Solutions Privacy Policy  Learn more about your ad choices. Visit megaphone.fm/adchoices