2020 Goal Progress – November

Some good progress was made throughout October, mainly towards my goals centred around wealth. It’s getting closer and closer to the end of 2021, so it’s time to stay committed and focused.

I’m already super excited about my goals for next year, after really thinking about what I want to achieve / have / do, I’ve got an almost similar list as I do below, but some areas have more focus. Check out the end of this post to see my current thoughts for 2021 goals.

If you want to see a run down of each of my goals, with details on how I plan to achieve them, check out my original blog post for my 2020 goals here: https://nathanchallengeslife.com/2020/01/06/goals-for-2020/


  1. Reach a net worth of $100,000
    • Over October, my net worth increased by $5,145 (7.2%) to $76,574. There’s only 2 months left of 2020, so it’ll be a push to reach $100,000, but if I can get a few months of good growth, I may be able get very close if not over.
    • Most of the growth month to month is due to how my investment accounts (and super) go, so while I can add a few thousand just from saving, it’s more dependent on the market at the time.
    • Check out my FIRE posts for more detailed information on networth and investing.
  2. Grow my Australian investment portfolio to $70,000
    • My portfolio grew from $55,234 to $57,697 over October (as at 1 November 2020). I’ve been investing a small amount of money each pay rather than just putting all my spare money into my house deposit savings account. Given I’ve still got a year or two before I’m looking to use that money, I thought I’d take on a small amount of risk and invest some money with the pure plan of taking it out when I need it. While you generally need a good 3-5 years of time in the market to see decent returns, I thought I could take on some risk with a small amount of risk and see how it goes. Happy to go into more detail if you’re interested.
    • I use Self Wealth for Australian/International shares, Raiz for daily savings and investing, STAKE for US shares, and Bank Australia for my savings account due to their ethical investments. If you’re interested, let me know and we can both get some rewards 😀
  3. Save at least 50% of my income
    • In October, I saved an awesome 62% of my income.
    • There were a few big expenses, but given I got paid 3 times instead of twice given the perfect timing, it gave this month a good boost.
    • After doing some calculations of my spending throughout the year, I’ve come to the unfortunate conclusion that I won’t be able to reach a total 50% savings rate for this year. Currently I’m at a yearly total of 38%. Even if I save 100% of my income until the end of 2021, I won’t be able to reach the 50%. However, if I work hard I should be able to cross the 40% barrer – which is still awesome!
    • See below for a rundown of my expenses for September. As you can see, rest is a fairly large proportion of my monthly expenses.

4. Save for a House Deposit

  • Current value, including investments going toward this, is $9,800. Loving seeing this grow, and the aim is get approximately $40,000 before considering buying a house.


  1. Lower body fat to 15%
    • I haven’t been able to make it to my body scanner due to not having access to a car, but I will be going soon as the challenge is nearing it’s end.
    • Currently at week 6 of the 8 week challenge at Anytime Fitness.
    • Now that my knee is a lot better, I’ve been able to walk, cycle, and even perform some weighted movements. Being able to get back into cardio will really help.
  2. Increase lean muscle mass
    • Can’t measure at the moment – need to get a scan as mentioned above.
  3. Increase strength across major lifts
    • Given my ACL surgery, I can’t really perform any squat or deadlift movements, especiallly not a one rep max.
    • My bench and overhead press feel pretty good, but given my focus on losing body fat, this has decreased my overall strength.
    • Definitely something to focus on next year, and keen to test my bench press and overhead press at the end of the year.
    • I’m able to do some squats and deadlifts at the gym now! It felt really good doing those movements, just need to build some strength up.


  1. Expand PedalPay (www.pedalpay.com.au)
    • I sent a few emails/messages to cafes in Canberra about having PedalPay in their store. It’s shown a bit of interest, but haven’t progressed on this at this stage.
    • Honestly my motivation and interest has been lacking for this. I’ve found it hard to set aside some time when there are so many things I want to do (and are doing) with my YouTube channel.
    • Check out PedalPay across platforms here.
  2. Expand Nathan Challenges Life (www.nathanchallengeslife.com)
    • I have published 35 videos on my YouTube channel, and now increased my total views to with 11,600! and now sitting at 212 subscribers! Really happy to cross the 200 subscribers mark, and super keen to keep growing it.
    • Check me out across platforms here.
  3. Reduce single-use plastics and non-recycled products
    • No real change in this. Still going well, rarely buying anything like chips or snacks, and still going to the markets for fresh fruits and vegetables.
  4. Reduce consumption of added sugar in foods and drinks
    • This has been going well. I’ve been buying the sugarfree option on all occassions when buying drinks such as energy drinks.
    • I’ve been also avoiding sugary snacks given my motivation towards cutting body fat.
  5. Read 25 books
    • Currently reading Limitless by Jim Kwik, Mud, Sweat and Tears by Bear Grylls, and Digital Minimalism by Cal Newport.
    • Currently at 19/25 for 2020!

Goals for 2021

As mentioned above, I’ve really been focusing on my goals for next year and thinking about what I really want. Now is an amazing time to start thinking about next year and what you want to achieve, have, and be.

For next year, after really thinking about what I want and what’s important to me at this time, here are some of my current thoughts (omitting details):


  • Grow Self Wealth Portfolio to $100,000
  • Grow net worth (haven’t decided on a number yet)
  • Save 50% of income
  • Grow house deposit (haven’t decided number yet, but something around $30,000-40,000.


  • Increase lean muscle mass every month
  • Increase strength across each major powerlifting movement, reassessed every 3 months:
    • Squat (reach 100kg – currently at 80kg)
    • Bench (reach 90kg – currently at 75kg)
    • Deadlift (reach 150kg – currently at 130kg)
    • Powerlifting total (reach 350kg – currently 285kg)
    • Overhead Press (reach 60kg – currently at 50kg)

Create my own personal training business and gain 5 regular clients.

Nathan Challenges Life:

  • Grow YouTube channel to 1,000 subscribers and reach 4,000 watch hours (criteria to get monetised).
  • Publish 100 videos on my channel
  • Complete at least 10, 30 day challenges
  • Write blog posts every month (no number yet, perhaps at least 3).
  • Read 30 books.

Experiences (new category for next year):

  • test drive a Tesla
  • Get my motorbike licence
  • Attenda jiu jitsu class
  • Organise a cycle-touring holiday
  • Run a sub-4 hour marathon
  • Attend a CrossFit class
  • Break a guinness world record

If you’re interested in reading an article about getting into the best state of mind when setting goals, check out Gary Melican’s blog post here. Gary has some really awesome content through his blog, and is a fellow goal-setter working to improve the quality and outcomes of his life.

Have you thought about what you want out of life? It’s extremely fun, exciting, and motivating! What better way of predicting the future than by creating it. You are in control of your life, and by setting goals and reviewing them regularly, you are incredibly more likely to achieve them.

Until next time, keep working on your goals and challenging yourself to achieve everything you want in life.


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