Wally Najafi, CFP®

(713) 807-7002

Saving on Fitness Center Membership Costs

The cost of a membership to your local fitness center can be pricey, especially if you are looking for a modern facility with a wide selection of the most current equipment. But there are ways to improve your physical fitness without denting your fiscal fitness.

Ways to Save on a Fitness Center Membership

Don’t Pay List Price—There are ways to save on the quoted fee schedule.

  • Take advantage of free trials. They may be as short as one day or up to 30 days. It will allow you to test the club’s vibe and its members.
  • Search for coupons. Fitness centers may offer coupons that reduce the cost. Visit the fitness center website and “deal of the day” websites to see if coupons are available.
  • Negotiate. Let the manager know you are looking around and the prices you’re being quoted. Ask him or her to make a best offer. Shopping during the slow season or at the end of the month gives you greater leverage.
  • Join with a friend. A fitness center may have special pricing. If they don’t, it’ll certainly increase your negotiating leverage.
  • Exercise during off-peak hours. Some fitness centers, especially the 24-hour ones, may offer discounts for using the facility in off-peak hours.

Get Someone Else to Pay for It—Forward thinking employers recognize that a physically fit employee is likely to be a healthier and more productive worker. Insurance companies also like healthy people since they cost less in medical care. Ask your employer or insurance company if they offer any perks that subsidize memberships, or have any affiliation with centers that offers discounts.

Don’t Buy a Membership—The fact is that many Americans’ resolve to exercise can be ephemeral, leaving them with membership bills that keep coming. To protect against this risk, consider:

  • Buying a month-to-month membership until you’re sure you’re going to stick with it.
  • Starting your new exercise regime by buying an exercise video or walking/running outdoors.

The decision to exercise is always a good one. Now, make the decision that will also be good for your bank account.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Copyright 2018 FMG Suite.

Share |
 

Related Content

Forecast

Forecast

The market is as unpredictable as the weather. We’d love to help you prepare.

Healthy Body, Healthy Pocketbook

Healthy Body, Healthy Pocketbook

Maintaining a healthy lifestyle can help you reduce health-related expenses—and avoid time in the recovery room.

Should I Buy or Lease an Auto?

Should I Buy or Lease an Auto?

This calculator compares the financial impact of leasing versus buying an automobile.

 

Have A Question About This Topic?







Thank you! Oops!

Mastering Mobile Lingo

Can you keep up with your children’s mobile slang?

Apps That Help Achieve Goals

If you find it hard to attain personal life goals, there’s an app for that!

Do Your Kids Know The Value of a Silver Spoon?

You taught them how to read and how to ride a bike, but have you taught your children how to manage money?

View all articles

Interested in a Fuel Efficient Car?

Estimate how many months it may take to recover the out-of-pocket costs when buying a more efficient vehicle.

How Much Home Can I Afford?

With a few simple inputs you can estimate how much of a mortgage you may be able to obtain.

Comparing Mortgage Terms

Estimate the total cost in today's dollars of various mortgage alternatives.

View all calculators

Acres of Diamonds

In life it often happens that the answers to our most pressing questions are right in our own backyards.

Forecast

The market is as unpredictable as the weather. We’d love to help you prepare.

It May Be Time for a Financial Checkup

It’s never a bad time to speak with your financial advisor about changes in your situation.

View all videos