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Naked Money Meetings

Naked Money Meetings

Debt Consolidation Backfires

Naked Money Meetings · Mar 9, 2026 · 37:54

0:0037:54

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A consolidation loan promises simplicity: fewer bills, lower payments, and breathing room in the budget. On paper, it looks like a financial reset. Erin Skye Kelly breaks down what’s actually happening behind the scenes when debt gets consolidated and why the math alone rarely solves the problem. 

Join our online community: www.getthehelloutofdebt.com 



Today’s episode is brought to you by Function Health. Take ownership of your health with over 100 advanced lab tests for $365 a year. Visit www.functionhealth.com/ERIN or use the gift code ERIN25 to receive $25 off your membership.

Thank you to our sponsor, Chime. Chime isn’t just smarter banking - it’s designed to make your money work better for you. Signing up only takes a few minutes. Get started at chime.com/erin.

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Leave us a voicemail message here: www.speakpipe.com/erinskyekelly 

Purchase Get The Hell Out Of Debt and Naked Money Meetings online or from your favorite bookstore.
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Episodes: Naked Money Meetings

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