Take Advantage of the "Recession"
Whether you believe we're in a recession or not is up to you…
Some people are feeling its effects while others don't see the slightest decline in their business.
Regardless, one industry that is taking a hit is the big gym chains…
They are starting to cut prices as memberships begin to drop off.
Here's the latest news from USA Today:
"Gym memberships, which average $35 per month, fell last year for the first time in more than a decade to 41.5 million from 42.7 million in 2006, says the International Health Racquet & Sportsclub Association. The fitness industry is not immune to "the credit crunch, increasing fuel and food prices, slowing employment and the housing crisis," said IHRSA's 2008 report in June."
I look at this as good news for anyone who has been wanting to cut a deal with "the man" and possibly negotiate a great membership deal to begin working out at a local gym.
Then again, you could always save the $35 a month and create your own "exercising sanctuary" right in your own home… it's your call, but you have to choose one.
Posted by: Stephen Cabral | Jul 13, 2008 1:01:17 PM
Hi Anita,
Very thoughtful comments - I liked hearing that you have found a systwm that works for you.
Keep up the great work!
Posted by: Anita | Jul 10, 2008 7:37:12 AM
I think they could be giving away free gym memberships and I'd still pass on that. I have always worked out at home simply because of the convenience. Over the years, I've acquired a respectably equipped home gym that suits all of my fitness needs. If I had to drive to the gym, it would be one more thing that I'd find a reason not to do. Plus, with prices rising faster than I can sometimes keep up, I'd be likely to skip the drive to the gym to justify saving gas.






