Well, it’s January and the gyms are putting out their marketing material for the year. Get in now and get a month free! Only pay $10 per month for the next year! Jump on your New Year’s resolution and lose weight now! I have seen it all and it’s kind of like the election and holiday shopping season.
Most gyms are salivating trying to convert people into paying customers. I get it. January is the biggest month for gyms as people want to lose weight at the beginning of the year. Unfortunately, most people quit going to the gym by about March and are left paying their fee for the rest of the year. Not me! Not this year!
Some years back, I used to go to the gym almost every day. It was a great release for me to get a nice workout in to end my day. I loved it, but I didn’t like the price I paid. After some time, I ended up having issues with the gym and they attempted to sue me. It put a terrible taste in my mouth to say the least. Ever since then, I have been very hesitant with joining any gym.
I’m Skipping The Gym Membership This Year
I have seen too many people jump on the gym bandwagon, get really into working out for about two months and then, as life starts getting in the way, let their membership go by the wayside. I just see that as wasted money and I hate wasting money. I look at gym memberships just like debt repayment. Too many people get started but can’t seem to keep up the motivation to stay on course. In both scenarios, money is being lost.
To some, paying for a gym membership is motivation to keep them going and actually use it. I think this is great. Whatever motivation you use to keep you going is fine with me. I don’t have the same motivation. My motivation for this year is to grow my business and my wealth. Paying money for a gym membership that I probably won’t use is not my way of growing my money. I’m on a quest to reduce my spending in every category. I want to take a knife to my bills and not look back. You can’t get arrested for assaulting your bills, so I’m going all in people!
My Gym Alternative
I think we all know we need to exercise. I mean, working out is one of the top resolutions every year. Yet, time and again, exercise resolutions are left unfulfilled. I’m guilty of this myself.
Instead of paying for a gym membership, I decided a few years ago to invest in some simple weights and bands for my house. You can easily create a workout routine with just these products. There are tons of workout videos on Youtube, which can help you through it. Hell, there are simple workout routines just with your own body weight. You don’t need a gym to get a good workout. (Editor’s note: I’ve done the same thing and doesn’t cost me a dime although my father in law religiously goes to 24-Hour Fitness as he enjoys having something to take him out of the house daily now that he’s retired!)
Though I have a full time job, a side business, and a son to take care of, I will dedicate some time for myself. Working out gets you into shape, but also increases your energy level. It can help you sleep better and feel better all around. Think of how productive you can be when you feel rested and in shape? When I see increased productivity, I see more opportunities to make money!
Motivation is a key to succeeding when working out with regard to your finances. If you can’t keep it, then you will most certainly fail. Time and time again people start working out, then stop. They also start paying off debt, then stop. They can’t stay motivated.
I don’t want to pay someone for a service which I might not use to it’s fullest. I know my life is busy, so taking time to travel to the gym and stay there for an hour, just isn’t in the cards. What’s in the cards for me is walking down to my basement, giving 30-45 minutes of workout time and then getting back to the grind. That’s how I’m going to tackle my exercise goals without breaking the bank.
What about you? Will you be indulging in a gym membership this year? What keeps you motivated to get in shape? Have you had a gym membership in the past but no longer do? If so, what made you give it up? What other services have you given up on that are “good” but have found a much cheaper option for?