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35 and going backwards
Old 06-10-2018, 10:57 AM   #1
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35 and going backwards

Debt of 17k. Saving+Asset around 8k. My problem is not money problem, I just dont do anything. Cannot focus on anything for more then few mins. Luck or whatever I dont know, its all been good so far. Always got good decent paying jobs(25-30 per hour) so never really needed money for bigger things. Now slowly when you start aging, you realize its not going to be easier going forward.


The biggest problem is I am intelligent enough to know its a big problem, but do nothing to tackle it.

I joined this forum not to retire soon, but to start working and start a career.
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Old 06-10-2018, 11:14 AM   #2
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Well, the job market is extremely good right now - look for opportunities to earn more. Maybe a higher paying job, or a part-time mindless second job.
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Old 06-10-2018, 11:23 AM   #3
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Get some help for your ADD.
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Old 06-10-2018, 12:02 PM   #4
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It sounds like you may benefit from counseling of some kind. It could change your life.
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Old 06-10-2018, 12:09 PM   #5
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Welcome to the forum.

I agree that you should consider either mental health, or medical health assistance. It might improve your quality of life. I'm not saying to go on meds... I'm saying talk to a doctor or therapist about what might help with your inattentiveness.

Since you make a decent income.. does your employer offer any retirement plans like a 401k? If so, start payroll deduction savings into it. Even if they don't - do you have auto deposit... you can have some of your pay deposited in a savings or brokerage account automatically - this will automate your savings so you won't need to pay attention to it.
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Old 06-12-2018, 04:23 PM   #6
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No 401k yet from my employer . I just opened a Roth IRA and a 529 college account.. Just opened. No plans on how to fund them yet.

Are we allowed to open a 401K privately?? Also I am not an American citizen.

Thanks for the replies everyone.
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Old 06-12-2018, 04:42 PM   #7
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An deductible IRA is a form of private 401k... amounts saved for retirement are not taxed.
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Old 06-13-2018, 08:12 PM   #8
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Is your "but" bigger than your "why"?

What is your goal?

My goal is to retire at 55 or younger and sail around the world. I think of this every time I want to purchase something.

Also you need to get on a budget. Tell your money where to go and stick to it. You will feel like you got a raise.

To get started you should set a goal, do a budget, and then do everything you can to reach this goal. Then set a larger one.
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