2016 Q1 Update – My Resolution Progress

2016 Q1 Update

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) –

2016 Q1 running stats

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.

Debt Payoff Progress

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)

March: $2,561.30

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!

Michelle at www.livelychicken.com

 

 

 

P.S. I’m linking up with Marcia, Patty and Erika for Tuesdays on the Run!  Check out their awesome blogs and read great running posts in this week’s link-up!

8 thoughts on “2016 Q1 Update – My Resolution Progress”

  1. Janelle @ Run With No Regrets says:

    I really like the way you’ve laid out your goals so that you can keep yourself accountable. The Philly Marathon is going to my first marathon so I guess I’ll have to sign up on Friday as well! That’s fantastic that you’ve been able to pay off so much of your debt, congrats!!

    1. Thanks Janelle! I can’t wait for Philly in November! I keep checking the website to see what time registration opens on Friday. I heard that last year it was midnight and it only cost $80 for the first 500 people. If it’s the same this year, I’ll definitely be online at midnight ready to register!

  2. I never run alot in the winter either.But now that it is getting nicer out I will up my mileage. It is always easier to run outside when it’s warmer. Great job paying of some of your debt. That is always a challenge.

    1. Glad to hear I’m not the only one who doesn’t do well in the winter! It’s just so difficult to get outside when it’s freezing cold and snowy/icy. Really loving the warmer weather we’re having now!

  3. Congrats on that debt payoff so far! I know when I was paying off my student loans seeing the interest I owed each month go down as I paid more off was a huge motivator. & seeing how quickly I could be debt free if I kept at it!

    1. Thanks Jessie! Looking at the numbers really motivates me too. If I stick with it, I’ll definitely pay off $30000 this year and could be totally debt free by the end of next year!

  4. Oh man, Michelle. I have so much debt to pay off. Can’t we just get a do-over?

    I’m so excited for you to register for your race! Woohoo!!

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