Welcome to the 10 day money saving challenge! Over the next 10 days, we will focus on one new way to save money. The savings will be recurring each month, so take the time to put in the work and you will continue to see you savings increase!

Be sure to track your savings in the printable tracker. If you don’t have the tracker yet, get it here.

I encourage you to open up a new bank account to put your saved money into. It is a wonderful feeling to watch it grow! Then at the end of the month, quarter, or year, you can do something specific with the money. Give you finances the best benefit from this challenge that you can!

*This post may contain affiliate links. Thanks for supporting the blog!

Day 4

For day 4 we cover the topic of gym memberships!

You know that it is important to exercise and stay healthy. But does it have to break the bank? Do you really need all of those fancy “perks” that some of the high price gyms offer?

Most likely, no.

If a high membership cost is keeping you from being active, read on!

And if you already have a gym membership by the price tag makes you cringe, see what you can do about it!


Comparing Different Gyms

First things first, be sure the gym you are paying for is the best one for you. Here are some things to consider:

  • What is the atmosphere?
  • Is it close enough to home that you will really go
  • Does it offer the equipment you need?
  • Are there classes you can take?
  • Are there a lot of “perks” that you don’t feel you need or will take advantage of?

Maybe you need daycare at the gym. Maybe you need access to a personal trainer. Maybe you love swimming so you need a pool at your gym. These are things to keep in mind.

On the other hand, maybe you are paying for these features and don’t use them at all! There might be a cheaper option out there that still has everything you need.

I used to use Blue Moon Fitness at $10 a month, and it worked great for me! They didn’t have a gym, but I wasn’t a big swimmer. They also didn’t offer classes at that rate, but I discovered that I didn’t go to classes anyway. It had a women’s only section that I loved, and I found myself enjoying going without the intimidation.

My situation changed of course, and I needed a gym that offered a daycare for my son and family rates as well. So I switched gyms, and am very happy with my new one as well!

The point is, you usually get what you pay for. And also pay for what you don’t use. Do your research and you could save some serious cash.


Employer Reimbursement

We are in 2016, and a lot of employers are aware by now that happy employees are more productive for their companies. And because of this, most off some kind of gym membership reimbursement.

If you aren’t taking advantage of this, you are losing out!

When I switched companies, I discovered that my new company offered a $30/month gym membership reimbursement. That covers my whole cost! And my husband gets reimbursed for part of his membership too. Score!

Each company has different requirements and max amounts, but it is very worth it to find out. Just send your HR representative and email and ask. That is what they are there for!


Family rates

Did you know that most gyms will give discounted rates for people living in the same household? You don’t need to be married or related for most gyms.

If you take advantage of this, you could save anywhere from $5 per month or $20+ per month.


Home workouts

If you don’t see yourself going to the gym, then it may not be a financially smart move to have a gym membership. There are a lot of things you can do at home.

  • Youtube video workouts
  • Body weight exercises
  • walking/jogging outside
  • workout dvds
  • resistance bands

If getting up and going to the gym is more of a chore for you, then give some of the above suggestions a try. You might find you really like it, and then you can save on those gym memberships!

Currently, I use these, this, and these to complete my home workout. You wouldn’t need to have them all, I just enjoy doing a large variety of exercises, and I also share them with my husband (well not usually the dumbbells because they are so light! 😉 ).

I now go to the YMCA, as they have the daycare and kids activities we want for our son. We get the family rate, and as such, my gym membership reimbursement through my employer covers 100% of my cost. My husband also gets reimbursed through his job, but it only covered about 30% of his costs.


How do you exercise? Do you have a gym membership? How do you save on it? Let us know in the comments below!