2020 Goals Graphic

My Goals for 2020

By Erin Huffstetler | 01/12/2020 | 6 Comments

This post may contain affiliate links. View our disclosure.

This year, we’re keeping our goal list short and sweet, with only four goals. But there are a couple doozies on there. Here’s what we hope to accomplish in 2020.

1. Continue working on our PayOff2020 goal.

Due to a big income/employment change last year, we had to slow our pace on this goal considerably. We’re still on track to have our mortgage paid off by the time our oldest graduates in May, but we probably won’t have the rest of the goal knocked out by then. That being said, May is still four months away, so anything could happen.

Not familiar with our PayOff2020 goal? You can read all about it here.

2. Cover the cost of college with scholarships and grants.

Our oldest daughter will be starting college in August, and we won’t be footing the bill. You can read all about that here, but the Cliff Notes version is that we told them if they worked hard in school, we’d help them find the scholarship money they need. Now it’s time to make good on that.

The school she’s chosen costs $48,000 a year (ouch!), so applying for scholarships is a big part of our world right now. Once we’re through the process, I’ll post an update to let you know if we were able to meet this goal.

3. Continue working on projects around the house.

We’ll be empty-nesters in two and half years, and we’d like to be caught up on home improvement and maintenance tasks by the time our youngest moves out. So, we’ll be working on this goal again this year. I have a long list of painting and landscaping projects to tackle, so it’ll be fun to see what we’re able to accomplish.

4. Use up my fabric scraps.

I did a TON of sewing last year, so I have a huge stash of fabric scraps to work through. I’ve got lots of scrap-buster projects planned, and I’ll be sharing them with you throughout the year. So, if you also have a huge stash of fabric scraps to work through, stay tuned for ideas.

Sign up for my newsletter
print this page


  1. You’re right, those goals are doozies! I probably should have a goal to get my yarn stash down to half its size… but I have cleverly hidden its true size even from myself!

    But we ARE working on our mortgage this year!

  2. I only wish we could cut down our mortgage and pay off all bills, but…unfortunately, we are seniors and I can no longer work due to having non-Hodgkins lymphoma (long story). Anyway, we barely make enough money now to make ends meet but we put every bit of extra on a bill that we can.

    I appreciate you sharing your goals as it encourages me to dig even deeper to try to pay off bills sooner.

    I have read your blog for years but don’t think I have ever commented. I read all your frugal ideas/practices and have incorporated some in my own life. I garden, can, dehydrate, sew, quilt, etc. It becomes a game at times when funds are very low. It is actually easier if you put it in game form, then it becomes a challenge.

    Thank you again, Erin,

    • I’ve always treated frugal living as a game, too. If you treat it like work, it’ll feel like work. If you treat it like a game, it’ll feel like something you’re doing for fun.

  3. As always I LOVE your posts and value every one of them (even repost to our company website due to helpful (sustainable) tips. Congratulations on your daughter and college and having gone through that with my son last year, yes it IS a big price tag (the only thing I caution you is to be careful as a few of his high school classmates got “full ride scholarships” that were amended when the school year began.) My son got into all but one of his schools and good scholarships for all, even a full ride to Kalamazoo College, but even having to pay a small portion (under 5 figures) he decided to go to our local community college which with scholarships and grants (he is in the honors program) paid for all so the $ we do have saved will be there the other 2 years, but he is now thinking of going to my alma mater which he could still live at home and drive to if he wanted…go GVSU…https://www.gvsu.edu😉

  4. Hard to get mortgage free, I hope you make it on schedule. We were lucky that our house was paid off for retirement.
    I hope this year to finish landscaping our front yard. Hubby lost the battle to keep the flat grassy lawn. Both my son and I are allergic to grass so it is gone. We are gutting the kitchen right now and it is our big expense this winter. The kitchen was never functional and the cabinets I think were used when the house was new.

    Surprised you are working on getting scholarships so late. My grandson never got around to it and still went to school on student loans. He has a good job so he is slowly paying them off now. He did well in high school but university he actually had to work at. He bombed with the stress. He is saving now to go back and do it right.

Leave a Reply

Your email address will not be published. Required fields are marked *