6 Reasons I Still Waste Money On My Gym Membership (2024)

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Gym memberships are the biggest fought over piece of financial advice.

I have done a ton of reading from other financial blogs and almost EVERY single one of them says to get rid of your gym membership. If you landed here, I am sure that you have also read a ton of financial advice that says that is the first thing you should cancel. I talked about my debt free journey, but my gym is not something I will cut to get there! Overall, it is probably one of the things that people do waste money on, but if you use your gym membership, DO NOT cancel it!

As much as I complain about it, the gym is like my second home sometimes. Getting there is the hardest part of working out, but once I am there, I can easily lose track of time . Even if I am not great at it, I try my hardest to maintain my health. I want to stay healthy for many years to come. It even topped the list for my 14 things that I Waste Money On.

1) Exercise is the #1 Under Used Stress Reliever

After a really long day at work, I have found myself in the gym. Lifting or running can be a great distraction and a huge stress reliever. Working out also releases chemicals in the brain that cause a person to de-stress. I am not going to sugar coat it, I am almost always stressing about something. Whether it be boys, my future job, my military career and where it is going, or a roommate situation, there is almost always something to stress about. When I am waiting for a boy to call, I go to the gym instead of sitting around.

I have started lifting in the past few months and I actually really enjoy it. In high school, I used to run as a stress reliever. I would just lace up my shoes and take off with my Ipod. . That may be because when I was in high school, every little stress meant the world was ending. You remember being 15, right?

A while back, I found out that my grandma was in the hospital. I went to visit her, but ultimately I left the hospital stressed out. For me, for the family, for the organization that needed to happen to make sure everything was taken care of, I was super stressed. What did I do? I spent 2 hours in the gym lifting.

2) Gym Memberships are usually Cheaper than Doctors Visits

While I have great health insurance (Thanks Mom and Dad, for now!), I avoid the doctors like the plague. I don’t know what it is about going, but I always feel like I am not sick enough to go to the doctor. Usually, I will wait about a week before I even think about going to see anyone. If I am not better by then, I consider it.

Staying physically fit is a great way to battle of illnesses. I can say that I really have been lucky with dodging the flu and cold season this year. *knocks on wood* While this doesn’t always work, it has definitely helped me from anything too serious. Long term, exercise has been proven to reduce the risks for about a million really expensive diseases. If I can prevent those (or at least reduce my risks), then it seems like a small price to pay right now.

3) My Gym Offers Me A Discount!

If I am a regular, I get a discount. My gym does it by the quarter. If you average 4 times a week for a quarter, I get a month free! Look into a gym that gives an incentive. If that isn’t an incentive to get into the gym, I don’t know what is. Honestly, there have been a few times where the incentive alone was the only reason that I went to the gym at all that day. If there isn’t one around, I suggest some of the gyms that are $10-$25 a month like Planet Fitness or Blue Moon Fitness.

4) There are too many distractions for “Home Workouts”

Yes, I could always run outside. I could take advantage of all of the trails that Lincoln has to offer, but I am a huge wimp when it comes to the cold! If it is cold, I will make an excuse not to do it. Also, if there isn’t enough light (morning or night), I won’t do it. I am super paranoid about running outside because I grew up watching way too much NCIS or CSI. I won’t run on the trails until it is middle of the day, and even then I get a little nervous about it.

When it comes to doing home workouts, I end up doing it for 5 minutes before getting distracted. My roommates start talking to me, I remember something I need to do, or I just don’t feel like working out. I usually end up laying in the middle of the living room floor “in between sets” of push- ups. If I drive 5minutes to my gym, I knowthat I am going to get at least 30-40 minutes of a workout in!

I imagine that this would be even worse if I had kids and a list of household things to do beyond what my roommate and I share. My gym time is my me time and it is pretty hard to interrupt me there! There have been multiple home workouts that ended with me laying on my living room floor after doing a push-up or just deciding to go back to bed.

6 Reasons I Still Waste Money On My Gym Membership (2)5) I want to be happy in my body.

This is another rant for another day, but I see too many women who are absolutely miserable with their body image. My body image hasn’t always been the greatest. Actually, I have struggled with it on and off for years. Mostly on, probably since 4th or 5th grade. I am not exactly where I want to be, but I could be worse! I am tired of seeing women so down on themselves, but I also have body goals for where I want to be.

Girls are having body image issues younger and younger. If they see the women in their life strong and working out, it is a huge boost in their own body image. In my opinion, it is never too early to get your child involved in your workouts. If they are walking and running around, there is a good change that they wanna be on the move.

When I lift a little more weight, it boosts my confidence so much. I am working on losing weight and being super confident in my own body. To be confident, is to be an unstoppable woman. Also, lifting makes me that much more independent when I don’t need someone to carry something for me.

6) Location. Location. And Location.

There are 3 gym locations in my town, one in my parent’s town, and one that is practically across the street from my boyfriend’s apartment. It doesn’t get more convenient than that. As of August 2018, I have decided to do my very first half marathon, so I need to be as painless as I can get to be able to get in my gym. I go to an Anytime fitness. They are ALL over, so if I am ever out of town, I can usually still find one close to where I am.

I will gladly continue to “waste money” on my gym membership. I honestly don’t think the gym membership is really too much of a price to pay. While I could use the money for debt, my happiness and health is more important to me. Now, if your membership card never gets taken out of your wallet and you can’t even remember how to get to your gym, then it is time to look into cutting the ties. That is a good reason to either start getting into the gym or cancel the membership.

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6 Reasons I Still Waste Money On My Gym Membership (2024)

FAQs

6 Reasons I Still Waste Money On My Gym Membership? ›

Your gym membership agreement - the one you probably didn't read when you signed on the dotted line, sets out the specific conditions for cancelling early. Some gyms demand notice in writing, often with a specific form to fill in. Even where that's not the case, it makes sense to put a cancellation request in writing.

How do I get out of paying for a gym membership? ›

Your gym membership agreement - the one you probably didn't read when you signed on the dotted line, sets out the specific conditions for cancelling early. Some gyms demand notice in writing, often with a specific form to fill in. Even where that's not the case, it makes sense to put a cancellation request in writing.

What percentage of gym memberships go completely unused? ›

67% of people never use their gym membership. Check out this guide to learn more about what percentage of people do not use their gym membership and why. If your gym is crowded in January but empty in February, you're not alone. Up to 67 percent of gym memberships go completely unused.

Is it worth to spend money on a gym? ›

It's your choice whether you want to spend money or not. It would probably be best if you did find ways to exercise without the need of spending money. Like just go for a run or something. Is it worth it to join a gym if you only plan on going a few times per week?

How do I stop gym from taking money? ›

Dispute your monthly payments.

It is preferable to pay for the fees of your gym membership with a credit card so you have the option to dispute charges. If your gym continues to charge you for a membership you have canceled or is overcharging you, contact your credit card company and explain why the charge is unfair.

What is the best excuse to get out of a gym membership? ›

Here are some of the more common reasons for people to quit their gym.
  • A lack of time.
  • A lack of motivation to go.
  • A lack of results.
  • Boring classes.
  • Classes held at inconvenient times.
  • The cost.
  • A member relocating somewhere else.
  • A lack of enjoyment.
Mar 25, 2024

What happens if you never pay the gym? ›

Like all contracts, gym membership contracts create a binding agreement between you and the gym, which lasts until the contract ends. The gym might be able to sue you to collect its membership fees if you stop paying before you are legally allowed to.

How many people quit the gym after joining? ›

Most memberships last an average of 4.7 years. Gyms typically lose about 50% of all new members within the first 6 months. About 8% of male gym-goers quit their membership after a year. About 14% of female gym-goers quit their membership after a year.

What age group uses gyms the most? ›

What age group exercises the most? According to recent studies, individuals in the age group of 18-34 exercise the most compared to other age groups. This demographic is more likely to prioritize physical fitness and incorporate regular exercise into their daily routines.

Why do people cancel gym memberships? ›

Budget concerns. Dissatisfaction with gym equipment or offerings. Not seeing results. Health changes or challenges.

What is the cheapest gym to join? ›

7 Gym Chains With Cheap Memberships
Gym# of LocationsBasic Gym Memberships
Planet Fitness2,400 in 50 states$10 (Most Often)
Crunch Fitness400+ in 34 states$9.99-24.99
LA Fitness550 in 22 states$39.99
Anytime Fitness5,700 worldwide$41
3 more rows
Apr 24, 2024

What is a reasonable amount to spend on gym? ›

“If you are actually using ₹ 3,000- ₹ 5,000 a month, it is fine. For instance, marathon runners spend a lot on fitness. It is fine to spend as long as you can afford it, while taking care of all your expenses and savings,” said Agarwal. The cost of fitness comes under discretionary spends.

How much is too much to spend on the gym? ›

I'd say that if you spend more than 1% of your annual income, you're spending too much. I think 1/2 of 1% should do it. How much money do you spend on the gym and your supplements every month? Well it deoends on your goal and your financial condition.

How do I get out of a 12 month gym contract? ›

Talk to the manager at your gym. If they won't let you cancel, you should say the following (or put it in writing): “The Competition and Markets Authority advises that a gym contract is unfair if it doesn't let a member cancel because they've had a change in circ*mstances which means they can't afford the membership.”

How do I decline a gym membership? ›

Even if your gym requires you to cancel your membership in person or on the phone, it's a good idea to send an email with your request too. According to NSW Fair Trade, this means you can prove the date you requested your membership to end, and can save you from paying for any extra weeks.

Can a gym chase you for money? ›

Absolutely! It's important to know that even if you signed up for a gym membership without a contract and never actually went, not paying the monthly charge can still lead to serious consequences. The gym might send your unpaid bill to a collections agency, and that can impact your credit score.

How do I leave my gym contract early? ›

Talk to the manager at your gym. If they won't let you cancel, you should say the following (or put it in writing): “The Competition and Markets Authority advises that a gym contract is unfair if it doesn't let a member cancel because they've had a change in circ*mstances which means they can't afford the membership.”

How do I not pay gym joining fees? ›

You will find that most gyms offer promotions in January. If you're going to join a gym take advantage of an offer which waives the joining fee. If you're looking to sign up later in the year you can try and negotiate with the gym so you don't have to pay this fee.

Will not paying my gym membership hurt my credit? ›

Considerations When Canceling a Gym Membership

If you fail to pay back a loan on time or do not pay a bill, then this may end up on your credit report, causing your score to drop. For this to happen, however, the company to whom you owe the money has to report it to the credit reporting agency.

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