I’ve maintained a variety of websites, but this blog has turned up some fairly unique Google searches compared to the other sites! I don’t know if other finance bloggers have the same results, but I’ve had some hilarious searches. So, in an effort to make those people feel at home here, I’ll attempt to give some good information on those topics, as I’m sure you didn’t find it here the first time. Some of these are intended to be a bit funny, but hopefully provide some decent content for these situations as well!
- does it make sense to pay off car payment? – Many of these searches are entire questions. Of course, the answer to this one is, yes, it makes sense to pay off your car payment. You do not want to get it repossessed! I know, funny, but the better question would be rather to make multiple payments or not. There are two takes on this. Dave Ramsay believes in the psychological impact of debt, and would have you make as many payments as possible to pay it off sooner. However, mathematically if your interest rate is less than 7%, it might make more sense to invest your extra money. There are benefits to both methods. Personally, I prefer to just get it paid off as soon as possible, then start saving up to pay cash on my next car.
- getting rid of debt through prayers – Whew, I wish it were this easy! Now, while I believe in the omnipotence of God, I also believe in the stupidity of humans. If we managed to get ourselves into debt, I think it’s our responsibility to get back out of it. That’s not to say it doesn’t take a lot of prayer to get the strength to do it, just that if everyone prays to win the lottery, then whose prayer does God answer? There are no quick fixes, you just have to get up and do it every day.
- is it beneficial to make half car payment every two weeks – Likely not. Basically, it’s confusing and you’re likely to miss a half payment. Plus, most auto loans are behind the times, and offer very little in terms of online payments and account management. The easiest way is to make one payment per month with as much as you can pay. The interest rates of typical car loans in a 15-day period is usually not as debilitating as those on credit cards, and to me, the hassle of it all is not worth the 5-10 bucks per year you’ll save. Your mileage may vary, though.
- using your brain to trick people – I got a lot of interesting searches after the article on NLP. While there are ways to use NLP for less altruistic means, most of which are quite fun, this is unfortunately not primarily an NLP website. However, basic NLP can be useful for training your mind to accept positive thoughts about your goals and to get rid of negativity that could be inhibiting you from success. As far as tricking other people, though, I can’t help you there. 🙂
- a shortcut to debt free life – Sorry, but there are no shortcuts to a debt free life. I know I have a series called “shortcuts”, but those are just part of a larger picture. There are a lot of small things you can do that have major impact on your finances, but in the end, it comes down to hard work and dedication, like everything in life.
- 15k loan no credit check – Good luck with that, and let me know if such a lender exists!
- taboo 2 – Um, this is hardly that sort of website. You’ll have to get those sorts of movies elsewhere. 🙂
Ok, so that concludes the first edition of FAQ. Keep those awesome google searches coming in, and I’ll do my best to answer your questions!