Sunday, April 13, 2008
How to be sure money is well spent?
I met up with two old friends recently. Both are my friends since my first project in Singapore they are from my ex company Singapore head office colleagues. Both older than me. Well did not see them for about 2-3 years I notice one of them has aged. I too have aged but glad with my recent fitness training actually regain a little youth. :P

They heard about my article coming out in magazine in May and was happy for me. They also interested to join fitness center. They asked how much I am paying for FF membership. I signup Dec 07 and its $130 per month. I heard California Fitness cheaper about $50 per month but many of my friends told me bad things about CF. Some of my colleagues join Amore and its about $90++ per month. Then one of my friends complaint that paying $100 or more is expensive as they do not go that often. I suggest they go for yoga or pilate classes instead since they only interested to go like 1,2 times a week.

So how do we measure if its worth for us to invest in any memberships? To me I have been thinking for 2 years if I should join fitness center after trying CC gym membership which I paid like $185 a year yet I only go few times and stop as I could not get to do Cardio machines, they are always occupied when I go after work I wasted by just going to few times and stopped. In 2006 I paid $185 but only went 4 times. On average I spent SGD46.25 for one session :(

Below are how I measure:

1. How often will I go to gym for workouts?
This is very important I make it a point to go gym minimum 3 times a week. Total I am going gym on average 12-15 times a month. Each time I spent like SGD8.67 to SGD 10.83 for each trip.

I find with this its worth my money spent. Its like watching one movie each trip I go gym though I have to watch 12-15 movies a month :P

2. What expenses can I cut to spend on gym?
I cut down on food expenses. Eat at restaurant less, met up with friends for dinner less and entertainment less. On average previously I spent around SGD200 to 300 per month going to dinners, movies and other entertainments like Karaoke and weekly I will eat at nice restaurant alone 1-3 times. This expenses I cut to about SGD100 or less a month now.

3. Any ways to get sponsors?
I can claim SGD300 yearly for gym membership from my company.

4. What do I want to achieve?
Need to create habit to exercise and loose weight and stay healthy. This should be continuous and not temporary for just one year. And now I have achieved having habit to exercise. Without exercise I felt I am missing something :)

I believe with this its enough to quantify me joining fitness center membership.

spoke at : 9:11 PM

Pat's Thoughts

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