Being overly ambitious tends to be a problem of mine. I'm just one of those types of people... for example, when I tell people I got my bachelors degree in 2 1/2 years - most times they think thats already ambitious.
What I don't tell them is I tried to finish it in 2 years. How? For my associates I finished that in a year with the help of online courses and in person classes... I was able to complete 23 credits in one semester (with the college's permission of course which they let me since I was taking 18 credits and had a 4.0). But my original goal was to graduate in Summer '04... not Fall '04. But yes, I did overload myself and towards the latter part of my degree had to drop/withdraw from a few courses in order to keep my GPA up. Hence, it took me a semester longer than I hoped.
So I'm trying to set realistic goals for myself in this "get out of debt" process. And I find it extremely hard to do.
My thought process goes... OK, I can comfortably pay $400/mo and put DH's bonus to pay down the card.
BUT if I can pay $400... why can't I just put an extra $50 to help pay it off sooner... and before I know it I've set a goal to pay $750/mo to have it paid off by the end of the year and I'm eating ramen noodles and spaghetti.
I really need to work on this. But small progress doesn't seem so large cause I always feel like I could be doing something more... be doing better... then I get overloaded and I don't meet the initial goal. I've done this with my weight loss too.... my initial goal was to lose all the baby weight when my little one was 3 months old.
She is four months and I still have 10 lbs to lose in order to fit back into my pre-pregnancy 4s. Now the goal is to lose the weight by her 6 month checkup.
So I wonder - how do you set realistic goals and just stay content with that? I know part of this has to be my mindset.
I need to come to terms with the fact the CC will likely not be paid off this year. Things will come up but if I can get the CC down to below $5K this year, that is paying off $9K in one year which is a good feat. Meanwhile, I've still managed to save $800/mo for retirement.
Yeah... my problem isn't lack of ambition... its too much, all at once. Hence, my username.
Other than that... its a pretty quiet weekend so far. No real plans. Dog must be feeling better since he is no longer having accidents, baby is still a little fussy from her shots but not too bad, and DH is out and about mowing the lawn and fixing up things around the house. Money spent so far this weekend? ZERO.
Setting realistic goals
May 24th, 2008 at 04:04 pm
May 24th, 2008 at 04:39 pm 1211647190
May 24th, 2008 at 06:31 pm 1211653917
May 24th, 2008 at 07:01 pm 1211655674
May 24th, 2008 at 08:15 pm 1211660142
gm, good point. I'm up for a performance review next week and DH is waiting to find out in August if he made the next rank. And we raised the rent on our rental by $50 so that should kick in soon... so hopefully we'll have more cashflow from all of our sources soon enough. But I had completely overlooked them in my goal setting so that definitely is something to not forget... thanks for the insight
May 25th, 2008 at 12:18 am 1211674687
May 25th, 2008 at 01:59 am 1211680798