Thomas Nitzsche is a financial educator, media spokesperson, and Vice President of Media and Brand at Money Management International — the largest nonprofit credit counseling agency in the U.S. After facing his own financial struggles during the Great Recession, Thomas turned his hardship into purpose, helping thousands of Americans overcome debt, rebuild their credit, and regain control of their financial lives.

On this episode we talk about:

• Thomas’ journey from a small Illinois farm to becoming a national voice for financial literacy

• The emotional toll of debt and why financial shame keeps people stuck

• How to choose between debt management and debt settlement programs

• The biggest money mistakes people make when trying to get out of debt

• What Thomas learned after cashing out his 401(k) — and what he’d do differently today

Top 3 Takeaways

1. You can’t budget your way out of shame. Financial freedom starts with removing the emotional barriers around money.
2. Debt management isn’t failure — it’s strategy. Knowing your options can save you thousands in interest and fees.
3. Financial health takes time. Getting out of debt is a process, not an overnight success story.

Notable Quotes

“You didn’t get into debt overnight — you’re not going to get out of it overnight.”

“Hope is not a financial plan.”

“Money doesn’t define your worth — but understanding it can define your future.”

Connect with Thomas Nitzsche:

https://www.linkedin.com/in/thomaspnitzsche

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