Hi JackSnack,
From what you describe, you've given yourself plenty of time to study for the GMAT - which is great. Many Test Takers spend 3 months (or more) of consistent study time before they hit their 'peak' scores, so a 7-month timeframe might be longer than you actually need. In addition, you would likely find it beneficial to study some Quant and some Verbal each week (instead of the 'all of one, then all of the other' that you're considering). Taking practice CATs/mocks at regular intervals is also far more useful than only taking CATs at the 'end' of your studies (when it might be too late to make effective changes to how you take your tests).
Since it sounds like you're just beginning your studies, then it would be a good idea to take a FULL-LENGTH practice CAT Test; you can take 2 for free at
www.mba.com (and they come with some additional practice materials). If you want to do a little studying first, so that you can familiarize yourself with the basic content and question types, then that's okay - but you shouldn't wait too long to take that initial CAT. That score will give us a good sense of your natural strengths and weaknesses and will help provide a basis for comparison as you continue to study. A FULL CAT takes about 3.5 hours to complete, so make sure that you've set aside enough time to take it in one sitting. Once you have those scores, you should report back here and we can come up with a study plan.
I'd like to know a bit more about your timeline and goals:
1) What is your goal score?
2) What Schools are you planning to apply to?
3) Going forward, how many hours do you think you can consistently study each week?
GMAT assassins aren't born, they're made,
Rich