4 money-saving tips for exercise equipment

Category: Shopping

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Did you make a New Year’s resolution to exercise more? Whether you’re looking to build or expand a home gym, exercise equipment can be expensive, but there are ways to cut down on these costs.

Don’t wait

If you’re looking to purchase some exercise equipment, don’t put it off. According to Consumer Reports, January is the best time of year to get a good deal on exercise equipment, because so many retailers are looking to meet customer demands and know that exercising more is a very common resolution.

Purchase used when it makes sense

Found an expensive piece of used equipment for sale at a discounted price? If you’re buying from a private seller (from Craigslist, for example) it may or may not make sense. If the savings will be substantial and you aren’t making a significant investment in the end, go for it. But if you’re only saving a few hundred on something that has had a lot of wear and tear, you might be better off just springing for brand new equipment. Even gently used equipment might not be worth the purchase if you aren’t saving much and the warranty is void. At least with brand new equipment, you’ll know your purchase is protected with a warranty.

Avoid online orders

Unless you know for a fact that the specific piece of equipment you’re ordering (down to the exact model number) is something you’d be happy with, avoid ordering online if there isn’t a showroom or store you can test it out in first. Otherwise, you might not be completely happy with your selection, and that can end up costing you more in the end. You might have to pay a significant shipping fee in order to return or exchange it, or if you decide just to keep it, you might not get much use out of it.

Get creative

Who says you have to spend anything to work out at a home? If you’re really trying to save money, avoid equipment purchases altogether by getting creative with your workouts and utilizing what you already have access to. Take advantage of nice weather by going for a hike or a jog. Check sites like YouTube to stream free fitness videos, with selections from dance cardio to weight training exercises that only use your own body as resistance. In lieu of weights, use empty gallon containers and fill them up with sand or water, and adjust as needed. These are just some of the many ways you can get creative with your at-home workouts, and without spending a dime.

Are you receiving long-term annuity payments, but would prefer to receive your money sooner in order to make a large purchase or to pay bills? Peachtree Financial Solutions may be able to help. At Peachtree, we can purchase some or all of your future payments for a lump sum of cash. To learn more about our services and to receive a completely free quote, contact Peachtree Financial Solutions today.

 

Nothing above is meant to provide financial, tax, or legal advice. You should meet with appropriate professionals for such services.

Tags: exercise, large purchases

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