What is the cheapest way to go to the gym?
You can cut the cost by shopping around to check the prices of non-for-profit gyms and non-gym exercise classes, and seeing what pay as you go contract-free options are available. It’s also worth checking with your employer what employee benefits you might be entitled to around health and fitness. Your gym should let you cancel your contract if you’ve had a change in circumstances that means you can’t afford the monthly payments. It would have to be something significant, eg you’ve lost your job or suddenly found yourself in a lot of debt. You’ll need evidence to prove this to your gym.Key takeaways. ignoring gym payments can lead to account suspension, debt collection, and potential legal action, including wage garnishment. Unpaid gym dues negatively impact your credit score, making it harder to secure loans and credit in the future.Most gyms let you cancel free of charge under certain conditions like illness, relocation, disability, and sudden unemployment.Key Takeaways. Gyms can pursue debt collection for unpaid fees, potentially leading to collection agency involvement. Non-payment may result in cancellation of your membership and ongoing charges.
Are cheap gyms worth it?
Low-cost gym: While it can be tempting to grab a cheap membership, low-cost gyms aren’t always the best way to achieve your health and fitness goals. They may offer a monthly fee which includes the basic equipment you need, but many budget gyms are used with a more ‘get in, work out, get out’ mentality. Planet Fitness is ditching the $10 membership it has had for 26 years, and hiking basic prices by 50% Planet Fitness is hiking the price of its Classic Card membership plan by 50% to $15 a month. It had held the price at $10 for 26 years, which would be worth around $19 in today’s money.As with most corporate decisions, the bottom line is the reason for a price increase. For starters, it’s costing Planet Fitness more to provide the facilities for its members than in the past. Based on inflation, the $10 monthly membership would be about $20 today, Fitzgerald said.Planet Fitness keeps costs low through a no-frills model. By offering essential equipment and services, it can provide affordable membership fees. They minimize overheads by not offering expensive extras like pools or personal trainers.
What if I can’t afford a gym?
Light dumbbells, a stability ball and jump rope can all be used for a great home-workout. If you can’t afford equipment, ask family or friends if they have any workout equipment lying around that they’re not using. Get creative. This can actually get really fun. Build a cheap home gym. A $10 jump rope might be the single best cheap workout tool there is. Try a Tabata-style routine, with 20 seconds on and 10 seconds off, and see if you can go for 10 or 20 minutes. For more upper body work, try weighted ropes, between one half pound and one pound to start out.