In this blog post, I’ll be discussing my goal for January 2020. It’s a new year, new month and new decade so I’m starting how I mean to go on – living life intentionally. I’m on a journey to financial freedom, so setting these monthly goals keeps on track and accountable for achieving them. 

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January 2020 Goals


In my last blog post A recap and Highlights from 2019, I shared a few of my 2019 wins. When reflecting on the year, I realised that I actually achieved a lot more than I thought I had. In 2020 I intend to do this a lot more. These monthly goal setting and reflecting goal posts will help me achieve this.

This is because, in addition to reflecting on the goals I set out to achieve, I’ll also mention any other relevant accomplishments I achieved during the month that I hadn’t initially planned for. An example of this would be saving an extra £20 from my monthly food budget. While this may not have been a goal, it’s still a win in my eyes, as any money saved in my budget, is money that will go towards mortgage overpayments.

I decided not to go overboard with my January  2020 goals, as one thing I learned last year was not to overdo it. I experienced burnout when I set myself too many goals. It became overwhelming, to the point that I just wanted to run away and hide and not actually get anything done.

With this being said, let me dive straight into it. In this blog post, I’ll be discussing my six January 2020 goals. If you’re interested in achieving financial freedom, goal setting and self-development, read on for some inspiration and motivation.


Tolu Frimpong January 2020 goals


1. No Spend January

In order to kick off 2020 the right way and kick-start my 2020 savings, I’ve decided to make January a no-spend month. I did actually want to make 2020 a no-spend year, but lets not run before we crawl! I think committing to a no-spend month is challenging enough without killing myself by trying to do it for a whole year. Let me try and get through January first and then take it month by month.

I’ve seen a lot of bloggers and vloggers talk about no spend months on their channels and blogs and they have various criteria for a no spend month. I’ve tried to keep the rules of my no spend January simple:

Do not buy any nonessential items for the whole of January, these include:

  • Takeaways
  • Restaurants
  • Clothes, shoes, accessories, etc
  • Beauty products
  • Hair products – i.e. hair extensions or accessories (Unless essential items such as shampoo/conditioner (personal hygiene and self-care are of paramount importance!)
  • Extracurricular activities; i.e, cinema, bowling, etc

In addition to no spend January, throughout the whole year I’ve committed to saving a minimum of 50p every single day in my piggy bank. My plan is to keep this jar unopened until the end of the year. I’ll be opening it up a few days before Christmas to see how much I’ve managed to save throughout the year. This money will be my Christmas present for myself, but I haven’t decided what I’ll do with it just yet.


2. Earn £500 Via Side Hustles

In December I made £418 out of my £500 side hustle target. I’ve set myself the same side hustle target again for January, hopefully I’m able to achieve my goal this time around. I plan to achieve this goal via these three streams:


1. Deluxe Crochet Braids

I install various gorgeous crochet hairstyles for clients all around the South-London area. Check out my work here, and drop me a message if you want to have your crochet braids installed by me.



2. Tolu Printables Etsy Store

I launched my Etsy store at the end of 2019. My store Tolu Printables sells various goal habit trackers. Check it out here.

2020 Yearly Daily Exercise Habit Tracker for Planners and Bullet Journalling

3. Reselling items on Spock and Facebook Marketplace 

I did this quite a bit in 2019 but ran out of things to sell. I think I was being precious with a lot of the items in my house and can probably find some more items to sell from around the house. I’m also going to give retail arbitrage a try. If you’re not familiar with this concept, retail arbitrage is where a retail store sells a product (either online or in-store) for a certain price and you purchase that product and sell it for a higher price yourself and pocket the profit. I’ve seen quite a few YouTubers doing this online and it looks like it has a lot of earning potential so I’d like to give it a try.


3. Blog Refresh⁣⁣

It’s been over a year since I launched my blog and its time to give the homepage a makeover. I’m clear on the vision and direction I want this blog to take, and this needs to be reflected in the way that I layout and present my content. I’m hoping to complete this Facelift before the end of the month so watch this space.


4. Pinterest Course 

Pinterest is a great tool for skyrocketing your blog traffic. I’ve had my account for a while now but never really given it the TLC it deserves. I want to learn how to use Pinterest effectively in order to increase traffic to my blog. I’ve researched a few paid courses and have picked the one I’ll be taking. I’ll let you know how I get on with it at the end of the month and will tell you if I recommend it or not. ⁣⁣


5 Read And Review The Meaningful Money Handbook 

This goal is 2 in 1. First I need to finish reading The Meaningful Money Handbook by Pete Matthew, then I need to write a review of the book. I started reading it in December but stopped reading it mid-month due to the busyness of Christmas. I also started an online book club and decided to make this book the first book we read as a collective in January. It’s only been a couple of weeks since starting the group and we already have 30+ book club members. Click here if you wish to join the Facebook Group for our online book club. We’ll be reading and reviewing one personal finance book every month.


6. Add 10 items to Etsy Store 

I mentioned my Esty Store earlier on in this blog post. One of the things I want to do to help boost my sales is adding more printables to the store. The more items in the store, the more chances I have of being seen in people’s search results when browsing on the platform. Who likes going to a store with empty shelves!? I currently have 11 items in my Etsy store, my goal in January is to add another 10 items to the store.



Follow me on Instagram for regular updates on how I’m tracking against each of the six goals outlined in this post. I’ll write a follow-up post at the end of the month to report on how the month went. Hopefully, I’ll smash all my January goals!

Have you already set goals for the month? It would be great to hear what you’re working on this January.



More Like This: 

If you enjoyed this post, ‘January 2020 Goals’, then you will also enjoy my other blog posts on related topics. Check them out below:

October 2019 Goals

How I Set SMART Goals For 2019 Against Zig Ziglar’s Wheel Of Life

How I Failed On My Journey To Financial Freedom

My 21 day social media detox changed my life

30 Day Challenge ideas to try in 2019 – Part 1