TwentyFrugal

The Cost of a Gym Membership in 2019 The average cost of a gym membership in the United States is as much as $600 a year. This is for your run of the mill average gym. Then if you get into the specialty gyms like CrossFit or PureBarre that you need a coach and classes for, your annual cost goes even higher. If you are a member of one of these gyms, I challenge you to make a working list of the equipment that you use at your gym and, in a separate column, whether that equipment is critical to your routine or if you could do without it.  Building a Home Gym After you have made this list of what is critical to you and what isn’t, you can start looking at the cost of this equipment. I recommend looking for secondhand equipment on resale sites like Facebook Marketplace, EBay, Craigslist, etc. I personally built my last home gym for only $250 solely on Facebook Marketplace. This was my breakdown: Bench press/leg press with about 300lbs of free weights: $100 Power Tower ...

These are 5 rules that I have set for myself that have helped me do more with what I have. Even with a low income, these rules can help you make the most of your income so that you have more to enjoy later. 1. Live below your means This is a virtue that my father hammered into my skull from day 1. In today's economic environment, it is easy to think that you can afford something that many of us actually can't.  For example: Statements like... "You can afford the monthly payment" "Take a little out of savings and replenish it next month" "You'll never get an opportunity to do this again" These statements may be true, but they are used to make you think you can afford something that you can't. The simplest way to look at it is that you want to have a personal net profit every month.  Net Profit = Revenue - Expenses Tracking your spending will help you find your monthly revenue and also see your monthly expenses. Cut out t...