FMOOD 0367: Is Your Gym Membership a Great Deal or a Money Steal?

Is your gym membership a great deal or a money steal? Right before the start of a new year through the first month of a new year, you will see various gyms around your area offering no money down promotions, first-month-free promotions, or significantly discounted monthly dues.   These offers may appear to be fantastic deals on the surface, but a discounted gym membership is only saving you money if you actually use it. If you pay for a gym membership but never walk through the doors, you're simply giving your money to your local gym without ever getting anything in return. That sounds like a poor investment and a complete waste of money.   Before you decide to sign on the dotted line to start your gym membership, please take some time to consider whether or not you will be able to commit to going to the gym at least two times each week (or however many times is appropriate for you or directed by your doctor). If you can't commit, then it might be better to simply work out in or around your home. Purchase a used treadmill. Go for a jog. Do some push-ups. Do some crunches. Whatever type of exercise that suits you and is recommended for you by a medical professional is important, but it's not a good thing from a financial standpoint if you pay for but don't ever actually use a gym membership. God bless.