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Frugal Fridays: That Gym Membership

30% of people who sign up for a gym membership have dropped out less than 3 months later. The thing is…they usually don’t cancel their contracts (notoriously difficult to do) and they continue paying the monthly fees. Maybe thinking they’ll go back? I don’t know.

But if you are attending and haven’t officially cancelled by now, when the weather is great, and everyone is outside, having fun in the sun (hhhmmm…bbq), you definitely aren’t going to go to the gym during the summer.

So unless the penalties are steep, steep, steep, cancel. No use paying for a service you aren’t using. And ensure that it is really cancelled (the gym likely has you on autobill).

If you are still attending, talk to the manager about renegotiating. The worst they can do is say no, no way. The best case is of course a decrease in fees.

I apply that thinking to most of my services. Every so often, I’ll ask for a decrease in fees. Telemarketers are helpful with this. When the competing cellphone company presents an offer better than my current one, I get all the details and then call my company asking for a decrease.

It seems like nickel and diming but I currently pay half of what my friend pays for internet and we’re with the same company. I’ve asked for the discounts over the years and she hasn’t.

Posted by Kimber on May 25, 2007 6:00 AM |

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Comments (1)

Rachel:

Ladies I might just have the answer??? I'm over in Australia and theirs a website just started up called www.tranfermymembership.com

It is the answer for anyone that is in a gym contract who is, looking to transfer it to a keen sole. It has a US and UK flag on it I assume it will take off there as well.

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This page contains a single entry from the blog posted on May 25, 2007 6:00 AM.

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