2020 Aims and Becoming Debt Free in 2019

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Last Updated on November 30, 2020 by Melissa S.

2020 Aims and Becoming Debt Free in 2019


I’m no fan of New Year’s resolutions as you can read here, but I have set myself some 2020 aims and will break them into monthly goals.

Doing this last year has certainly made me more accountable, if only to myself, and I am really pleased with the progress I made in 2019 in all aspects of my goals. Like everyone, there were ups and downs. I had some health issues that involved hospital visits and that definitely impacted my money making routine towards the end of the year. However, hopefully those issues are now behind me and I can get back into my old routine. Aside from this, I’m really pleased with the financial goals we managed to achieve as a couple.


You can find my 2019 Aims here.

2020 aims D


  1. Consistently make £300+ per month in side hustles

As I said above, this has been a bit hit and miss throughout the year when health issues got in the way. I also used to earn £75 a month doing social media posts for a friend’s business but this stopped when the business folded. It meant I had a lot more time for my own side hustles but a big chunk of my hustle money went with it.


2020 Aims #1: Make £200 a month via eBay, blogging and matched betting.


  1. Complete The Dave Ramsey Baby Steps 1 and 2 (debt free except for house payment)

I’m so pleased to put a big tick next to this one! My side hustle money helped pay off my credit card by May (It was at £3000 in January), and my 5 year car payment ended in February.

All in all this left me £400 a month better off. You can read more about our debt free journey here.

  1. Set up sinking funds and long term savings (Baby Step 3)

We have managed to make a start on this but we also completed a lot of urgent home and garden improvements last year and used the extra money for this. We have also invested some money in stocks and shares. Investing needs to be a carefully considered decision and you should always seek the advice of a professional financial advisor about which shares to consider. Prior to this, doing background research into companies is a good way to get an idea. We looked at several companies and you can look to buy snowflake shares here.

Now most of the urgent jobs are completed I want to set up the long term savings and sinking funds for specific things.

I do find it is much easier to do this if you have a specific goal in mind, or it is too easy to take the money and spend it on something else.

2020 Aims #2: Set up sinking funds and long term savings (Baby Step 3)


I didn’t have as much success with my personal goals, and I think it was because I didn’t make them a priority.

Go for more walks

Although I did increase my walks, it wasn’t as much as I would have liked. I have always worked out regularly until my health issues forced me to take a back seat with this. Now I aim to get back on track with fitness in general.

Read 12 Books

Oops this didn’t happen at all! I think I read about 2 or 3 books. I love reading and once I get into a book I’m hooked, but it’s finding the time to get started with one. At the moment I think my time is better spent dedicated to my side hustles.

Start listening to podcasts

I smashed this one! I have a 45 – 1hr commute 3 times a week so I use this time to listen to podcasts. My favourite by far is My Dad Wrote a Porno, I started 2019 having never heard an episode and finished the year completely up to date with the end of book 5!

I have also enjoyed Evil Genius with Russell Kane and The Infinite Monkey Cage with Brian Cox and Robin Ince.

Continue with my good practises begun in 2018:

  • Stop spending on unnecessary things
  • Continue to declutter my possessions and resell where possible
  • Continue The Organised Mum Method
  • Continue my Bullet Journal

These things are now all habits, so I’m not setting the as 2020 goals but I will be continuing with them. The first one especially is my mantra for life now!


These are pretty generic:

  • Increase traffic
  • Increase social media followers
  • Increase Domain Authority

These all increased in 2019 and so I hope to continue them into 2020.

2020 aims B


My 2020 Aims summarised:

  1. Make £200 + per month in side hustles
  2. Start sinking funds for specific things, e.g. holidays, days out, household etc
  3. Start long term savings & continue investments (Baby Step 3)


  1. Get back into exercise
  2. Make time for my side hustles
      1.                                                                       Make time for myself                                                                                                                       

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Hi! I'm Melissa

I help busy mums like me become financially fitter without resorting to extreme “crash diet” measures.

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