Remember back in January when I shared my two New Year’s Resolutions? They were to run a marathon and to pay off $30,000 of debt. We’re a quarter of the way through the year (how did that happen?!) so here’s an update on my progress!
Running a Marathon
A few weeks ago, I did give you a little update on the status of my running resolution. To recap – I will be running the Philadelphia Marathon on November 20th! Registration opens on April 1st (this Friday!) so obviously I will be signing up immediately. I believe that signing up early is key to a successful race (my reasoning for this and more keys to successful racing are here).
Running stats for the year so far (courtesy of Strava) –
Only 117 miles so far. As I said over here, I was focusing on strength training more than mileage throughout the winter so not a lot of running so far in 2016. But from now until July (when my marathon training program starts) I will be consistently running 15 to 25 miles per week. Maybe more if I’m feeling good. But I’m going to be cautious not to push myself too hard too soon.
Paying Off $30,00 in Debt
I’ve been making serious progress on my debt resolution! Here’s a breakdown of my debt payoff for the first quarter of 2016.
Total debt paid off: $12,714.10
January: $5,936.20 ($3,790 of this was from savings I already had)
February: $4,216.60 ($2,408.59 from my tax return)
I’m definitely ahead of schedule for paying off $30,000 this year! However, as some of the money I put towards debt in Q1 came from my tax return and existing savings, I won’t have this cash for debt in upcoming quarters. But I’m proud of the dent I’ve made in my debt so far this year, and seeing it all in one place is only motivating me to keep at it!
How are you doing with your 2016 resolutions? Still going strong? If not, Q2 is the perfect time to get back on track!