Recently, I consolidated some debt into my credit card. I am not going to go into the details, but after reviewing my finances I have made my main financial focus to pay off the balance on this card within 18 months. I believe that this is a slightly ambitious goal but also one that is achievable with a little persistence and a little sacrifice.
Focusing on one key financial goal is generally a good idea for someone with ADD. Having one large goal is easier to focus on because it should have a significant impact on your life, it is also easier to track versus having several smaller goals. In the past I lost financial focus when trying to manage several smaller financial goals. I tended to not deal with smaller financial goals because I could not easily visualize the benefit of achieving them. While I do not have ADD, I am pretty sure that many adults with ADD who are reading this post can relate to my past setbacks. From time to time I will keep you updated of the challenges that I will run into when trying to achieve my goal.
This actually sounds like great advice for everyone, not just people with ADD.
Posted by: Joe | November 12, 2009 at 02:47 AM
This post made me think, because I'm one of those people who sets little goals. It's hard for me to wait longer.
Posted by: Shark Tank Blogger | November 24, 2009 at 10:25 AM