I don’t remember why I decided to join a gym, but more than a decade later and I still have a membership. What I do remember is that cost was a major consideration, back then prices were pretty reasonable. Since my membership fees are grandfathered and never go up in price, I never put much thought into how much a membership costs now. Needless to say I was shocked to find out that fees now range anywhere from $50-120 a month.
Sure some people love what what gyms have to offer, but others are just fine working out on their own. Being active is obviously good for our health, but it’s not like we need to have a gym membership to stay in shape. So are gym memberships worth it?
Well that’s a relative question since it really depends on each individual. Obviously if you’re actively going to the gym then it can be a very good value, but for others it can be a complete waste of money. Figuring out if you should cancel your gym membership is easier than you think.
5 reasons to get rid of your gym membership
You’re not committed – Okay I admit it, depending on the day/week/month/season I can be pretty bad at going to the gym on a consistent basis, but at least I still enjoy going to the gym. If you’re heading to the gym just once a month then it should be pretty obvious that it’s time to call it quits. Many people are afraid to cancel their memberships because they think they’re giving up on being fit. That couldn’t be further from the truth, you can still remain active, but the gym might not be the place for you to do it.
You’re not actually working out – Every time I go to the gym there’s at least 1 person who appears to be there just to socialize. I could be there for an entire hour and they’ll spend more time talking to other members than actually working out. Sure the gym has a lot of different perks, but there are cheaper places to hang out.
Sometimes not being able to workout isn’t necessarily your own fault. At times the gym can be extremely crowded so you end up wasting time waiting for equipment to become available. You could try to change the times you go or even try a different gym, but that won’t always fix the problem. If you’re finding this to be too much of a hassle it might be better to find a different way to stay active.
Your life has changed – When I was younger I was going to the gym 3-4 times a week since I had no other commitments. Now that I’m older, there’s other things going on in my life which really prevents me from going to the gym more often. It may sound like an excuse, but there’s only so much time in the day. Don’t feel guilty about cancelling your membership because you have other commitments that you need to prioritize.
You have cheaper options – Fitness rooms are pretty much a standard in condos these days, so if you live in one, it’s probably a no brainer to drop your gym. Yes that fitness room will have limited equipment, but it is “free” after all. It might also be worth looking into your company benefits to see if they have any fitness benefits or have a corporate rate with a local gym.
You have other pressing financial needs – Gym memberships may appear to be affordable on a monthly basis, but in many situations that money is better off used for other things. You know like paying down debt, building an emergency fund, or saving for retirement. Trust me, those are the things your money should be spent on first.
So are gym memberships worth it? If you’re paying a reasonable price and going on a regular basis, then yes I would say it’s a good thing to have. However if you’re not taking full advantage of your membership or you prefer to save your money, there’s nothing wrong with staying fit by doing other physical activities. For more tips on fitness, be sure to check out friend of this blog Dumbbell Daddies.