20 goals for 2020 is just too irresistible to resist. So after reflecting on this past year, I have come up with 20 goals that I would like to accomplish this year.
Some people don’t believe in new year’s resolutions and there is a lot of data that supports not making them. Although people start off the year with good intentions they often disappear by February.
Will I achieve all 20? Probably not. But that doesn’t make me a failure because all of these goals are steps on my path to financial independence. And whether I achieve them or not is arbitrary, because just working towards them is a good step.
Being the overachiever that I am, I am going to try and achieve them all. But let’s be realistic – that probably won’t happen.
Which of the 20 goals for 2020 will I achieve and which ones will fall short? You will have to stay tuned to follow along with my progress. In an effort to keep myself accountable I will be providing quarterly updates on my progress.
The Power of Habit
I recently read Atomic Habits by James Clear and I highly recommend it if you haven’t read it yet.
You do not rise to the level of your goals. You fall to the level of your systems.James Clear
In an attempt to apply this knowledge, I am going to create habits and systems to help me achieve my 20 goals for 2020.
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Health & Fitness Goals for 2020
#1 – Be Able to Touch Toes at Least Once a Month
Currently, I cannot touch my toes. Whenever I have stretched to touch them in the past, I stop stretching and the benefits go away. This year I plan on consistently being able to touch my toes at least once a month.
This goal will be assisted by #3 below.
#2 – Exercise a Minimum of 3 Times a Week
I always feel better when I am physically active. I consistently weight lift three times a week when I’m at work. This often gets forgotten during school breaks. But not this year!
Create a reminder alarm on my phone for periods of time when I am not at work.
#3 – 1000 Sun Salutations
This past summer I tried to make it a goal to complete a certain number of sun salutations. Although I failed at achieving my goal, on days I did do sun salutations my body felt that much better. For this reason, and to help me stay consistent with touching my toes, I’m bringing back this goal for the year.
I have put a post-it on my bathroom mirror to remind me. That way my sun salutations are some of the first things I do in the morning. Every morning.
#4 – 1 Massage a Month
I have great benefits through my job and I’m not taking full advantage of them. Whenever I do go for a massage I always feel much better after. So this year I am going to make it a priority to go for 1 massage a month.
The best part is that combining my benefits with hubby’s means that these massages will not cost a thing out of pocket.
When I go in for my first massage, before I leave I will book in the next month’s appointment. Once it’s in my calendar I’m less likely to cancel it.
#5 – Wear Sunscreen Daily from May – September
This is something that I can be more consistent on especially when it comes to wearing sunscreen on my face. I often forget and then my nose burns and hurts for weeks. Once my nose burns it is essentially burnt for the rest of the summer.
2020 is the year that I don’t burn my nose because I will be wearing daily facial sunscreen.
During the months of May to September, I will put my facial sunscreen on my bathroom sink counter. That way I will see it every morning and remember to apply it.
Personal Goals for 2020
#6 – Read 20 Books
Before having a little one I read a ton. The most books I have ever read in a year was 35. Now that there are other demands on my time I can’t just read for hours on the weekend.
But I want to make reading more of a priority this year so I’m making it a goal to read 20 books in 2020.
I’m going to go to bed early enough to read every night before bed. This will also align with goal #10 below.
#7 – Wear Everything I Own
I first saw this goal on Smile and Conquer. Sarah had it on her 20 before 2020 list. I was inspired by this as I continue to look for ways to decrease physical clutter in my life.
This year I am going to make it a point to wear everything that I own. At the end of the year, anything that I have not worn I will look to either sell or donate.
I’m not sure of the supporting habit for this one. I have a few ideas but not sure what will stick yet.
#8 – Volunteer Quarterly
Volunteering more is something that I hope to do once I reach financial independence. But why wait until then to do so?
By adopting a financial freedom mindset, I’m constantly shifting what my today looks like. I want it to slowly start to resemble what my financial independence days look like. By doing this there is less immediacy to reaching FI.
I’m not sure what the supporting habit is for this one yet either.
#9 – 15 Minutes of Writing Every Day
Writing is something that I truly enjoy and was the catalyst for me starting this blog. By writing every day I will consistently get better at it. Who knows, maybe I will write a book someday. But until then I am not going to break the chain and am going to write every day for the next year.
I would love to be able to make writing the first thing I do every morning once I am up and moving. Sometimes this is a reality and sometimes it’s not. I am going to keep my laptop handy and out in the kitchen so that it will be a visual reminder for me to take the time to write.
#10 – No Phone in Bed Before Bed
I find that I sleep way better when I am not on my phone right before bed. For that reason, I am invoking a phone ban in bed before bed. This also aligns with my goal to read 20 books in 2020.
I am keeping a book on my nightstand instead of giving that prime space to my phone.
Family Goals for 2020
#11 – Potty Train our Little One
Our little one will be turning 2 in 2020 so it is our goal that she is fully potty trained before the end of the year. This will definitely take a team effort on our part. And to be honest, we have no idea what we are doing. Do any parents out there have any tips?
More to be detailed in this section as we get closer to trying to potty train.
#12 – One Family Holiday
Travel is something that we highly value. For that reason, we are planning to take at least one holiday as a family this year. Not sure where we will go yet but I would like to leave the country.
We have already talked about this and are making arrangements to have time off from work at the same time. From there it will just be a matter of deciding where to go.
#13 – Set up Work Space at Home
This past year we recently moved into our new home after spending the summer living in someone else’s house. Our previous home had a built-in office and a desk upstairs that I could work at.
Currently, our spare room is set up as an office, but eventually, we hope to use that as a nursery so we will need another plan. Not sure when it will be needed as a nursery but better to find an alternative workspace before we need it.
Every time I use that workspace it is a reminder that something needs to get done.
#14 – Find a Reliable and Trusted Babysitter
Currently, we rely on family for childcare when we need it. It is great having our little one raised by not only her parents but also her grandparents.
But when we want to go out in the evenings or weekends we do not want to ask our family to help out even more. As we are in a new community we would like to seek out a babysitter in our neighbourhood. We are not looking to go out often, but it’s nice to have the option should something come up.
I have recently learned that our community has a babysitter registry, now I just need to contact them.
Money Goals for 2020
#15 – 1 Month Eating-Out Ban
We did this last year and had great success with it. It really made us appreciate going out after the ban.
I’m all for not depriving myself and we really do enjoy going to eat out. The problem is, out of convenience we often will eat out more than we would like. And when we eat out for convenience we are often not enjoying the food.
So this year I’m bringing back our eating-out ban for one month. Not sure what month it will be yet, that is still to be determined.
The supporting habit for this one relies on both of us supporting each other. When one of us decides to stay home and cook then the other goes along with it. We just need to focus on not tempting each other to eat out.
And it’s only for a month – we can do this.
#16 – $250 in “Found Money”
For this goal I am considering “found money” as any non-income money, such as making money through apps on my phone, cashback from online shopping or interest in my high-interest savings account.
Whenever I order something online I always go through Great Canadian Rebates. You can get $3 just for signing up with my referral link.
I recently switched my high-interest savings account to EQBank and have been very happy so far. I love signing in at the beginning of the month to see how much interest I have gained. It’s much more rewarding than the interest I was earning at my primary bank.
I’m hoping to use this found money to buy Christmas gifts in December.
I have a few different apps that make money on my phone, I just need to remember to use them. Every Thursday I am going to create a reminder in my phone to check out the offers for the week. I really think this will help.
#17 Input Money Tracking by the End of the First Week of the Month
I am a big fan of tracking your monthly expenses. It is something that I do every month, but some months I get really behind and have to catch up.
Not only do I track our personal finances, but I also do all the bookkeeping for our real estate investments. All and all this doesn’t take much time if I stay up to date on it. By setting aside an hour a month to do this I will not get behind and will be on top of things this year.
I’m not sure if this is a habit or not, but I have told hubby about my intentions so that he can help keep me accountable.
#18 – Host 2 Women and Money Meetups
This is something I have sort of tried in the past but it didn’t really turn out how I expected. But I’m willing to give it another go this year.
I want to create a space that women feel comfortable and confident talking about money. Space and time where we can learn from each other.
I’m not 100% sure what this looks like yet so I’m not sure how to set up an environment to support it.
#19 – 50% Annual Savings Rate
For the past couple of years, I have tracked all of our income and expenses. But I have found it difficult to nail down our savings rate because there are so many ways to calculate it.
This year I am going to clearly define how I am going to calculate our savings rate and I am going to stay consistent at it. This year’s goal is at least a 50% savings rate without compromising our spending values.
I have already established a system for tracking all of our income and expenses (see goal #17). So I have all the information that I need, just have to figure out how and what calculation to use.
Once that is figured out might just have to ramp up our savings. One way I am doing that is using the “out of sight, out of mind” technique.
#20 – Pay Down Mortgage by 20%
This will be a bit of a stretch goal for us. Realistically I think 10% is very doable, but I want to try and push us to pay down 20%. I hate having a mortgage, and the faster we can pay it off, the faster we have options and more freedom with our money.
We currently have biweekly mortgage payments and have recently increased the amount of them. We will continue to save for lump-sum payments on top of this.
20 Goals for 2020 – Final Thoughts
Now that I have them all down in writing it is very evident that I need to spend some more time on myself this year. Being a new mom has been overwhelming this past year. If there is an overarching theme to my 20 goals for 2020 it would be to take care of myself and reassert my identity.
To be honest, even if I don’t fully achieve all of my 20 goals for 2020, just working towards them is a step in the right direction. That doesn’t mean that I am going to just ignore them now that I have written them down. Just that I am going to celebrate all the small victories along the way.
Goals and resolutions are great at all, but without a plan on how to achieve them, success can be pretty low. I’m hoping that by coming up with supporting habits for each of my goals achieving them will become easier.
By implementing these habits I’m working on the process and not just the outcome of the goals. They will all help in continuing to align my life with my values. And to focus on my financial freedom mindset.
Just writing down these goals and sharing them with you will help to keep me more accountable to them. There you go, that’s it, those are my 20 goals for 2020.
What is your one big goal this year?