Did you know health and fitness is a $30 billion industry that has been growing consistently for the past decade? With costly gym memberships, personal trainers, smart gear (think FitBit or Apple Watch), and all those powders, pills and shakes, it makes sense that the industry is thriving.
Probably, you and your family make up part of that $30 billion. That’s not necessarily a bad thing. A major study published in the Journal of the American Heart Association found that people save, on average, $2,500 per year when they’re active, as opposed to those who are more sedentary. However, all those gym fees, special workout gear, and organic protein powders add up.

What can you do to reduce the cost of your personal health and fitness expenses? Here are 4 ideas:

1. Put your gym membership on hold

During the summer months (especially in the upper Midwest!), it’s easier to make the great outdoors your gym. Whether you’re golfing, riding bikes with your family, walking by the lake, or taking advantage of outdoor yoga (yes, that’s a thing!), there are many activities that do not require a gym membership. If you want to hang on to your membership for when the weather turns cold, many gyms allow you to put a hold on your membership for a few months. If your gym does not offer this policy, it may be prudent to switch to a gym that does.

2. Consider a no-frills gym

What equipment do you actually use on a regular basis? Do you take full advantage of your gym’s basketball court, pool, weight room, and racquetball court? If you only use the basics (the treadmill or elliptical and a few weights or kettlebells), then it may be smart to switch over to a no-frills gym like Planet Fitness, Snap Fitness, or Anytime Fitness.

3. Adapt a fitness mentality

You may be surprised by how active you can be during an average day. Try walking to places that are a mile or less away, take the stairs instead of the elevator, or go for a walk during your lunch break. If possible, request a standing desk at your workplace, instead of a sitting one. In the evenings, commit to physical fitness at least one day each week with your family, rather than sitting in front of your T.V. or mobile devices.

4. DIY Gym

For some people, it makes sense to buy a few pieces of exercise equipment to use at home. Your “DIY gym” could include a yoga mat, a few kettlebells or weights, some stretching bands, and exercise balls. You could also purchase a treadmill or elliptical machine, though walking, jogging, or biking are great alternatives. Rather than purchasing a stationary bicycle, you can easily prop your current bike on a trainer stand (about $100 or less online) and use it when the weather isn’t cooperating.

 

These are just a few ideas for cutting your fitness costs. Though your health is important, it certainly doesn’t have to break the bank. Get creative, involve your family and friends, and reimagine your active lifestyle!

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