It is impossible to escape exercise and fitness as one of the foundations of 21st century millenial life. Exercising more/losing weight/being fit is goal at the forefront of most people’s minds. The number of people participating in fun runs, half marathons, triathlons and other “fit”events has increased enormously.
I am not immune to this trend – in fact, I love exercise. This is very lucky, as I also love food, and all of the “you can’t out-train a bad diet” truths aside, at the very least I’m committed to moving my body, which usually results in a natural desire to fuel it properly.
Anyway – a sermon on exercise and health is not why I am here. Rather, I wanted to share what I spend on “exercise”. Prepare yourself. It’s kind of mortifying.
To start, I’ll lay out what exercise I do. I found an amazing group training group last year as a result of a Christmas gift from my parents. It revolutionised my attitude to exercise, and was the first form of fitness I actually stuck with, consistently, for an entire year. I saw changes I never thought possible, and I refuse to give up on that group now, after everything it has given me.
I also recently joined a country-club style gym with my boyf. It is a 6 minute walk from our apartment, and has a huge gym, an indoor and outdoor pool (unfortunately not full sized, but we can live with that), tennis courts, squash courts, and, hilariously, a bar (in fact – two bars).
The group training costs me $35.88 a week.
The gym costs me $34.50 a week.
So yes – I spend $70.38 a week on “exercise”. That’s approximately 7% of my weekly take-home pay. I note, for completeness and a better insight to my confessional, that my work provides me access to a free gym.
This total also does not include expenditure on the following, which I label “exercise incidentals”:
- Activewear (maybe my most tragic weakness?)
- Appropriate footwear
- Triathlon entry fees (my next half ironman was a breathtaking $400, just to enter)
- Fuel/nutrition (gels, protein powder, bars etc.)
- Gear (tennis and squash racquets, tennis balls, gym bag, water bottles, sunnies, bike services, and so on)
- Washing the never ending pile of sweaty outfits
- Pool entry for when I want to swim 50m laps (about $6/entry)
- Game fees for netball (I won’t be playing this any longer, but last year it was $10/game)
You get where I’m going. I am a sucker for exercise, and affiliated activities. One of the motivations to track my expenses this year is to get an actual figure on what I spend on exercise. I’m convinced it’s a very high number. However, the only thing I could definitively tell you is what I spend a week on entry fees places – the rest disappear into cute amounts I can’t place, and can’t put an exact figure on at this stage.
I do note I labelled this category as “exercise” and not just plain old Exercise. That’s because to a large degree, this category is also Entertainment. Despite not being in a fantastic economic position, signing up to our country club was one of the best things the boyf and I have done for our relationship. The aforementioned shoebox apartment gives rise to strong feelings of claustrophobia sometimes, particularly when you live on top of each other. I always wanted to live somewhere with a pool and gym, but those options were significantly more expensive and more poorly located than our current place. We worked out we could stay at our place, and join the gym, and come out ahead by about $50 – $80 a week, and have access to better facilities than if we’d upgraded our place.
We also found that this option gave us somewhere to go to get out of each other’s hair when things got a bit too much after long days or just general life stress. Even better, going together has given us a really healthy dimension to our relationship – we have fun conversations while playing squash that aren’t complaining about our day, and when we swim on the rooftop, overlooking the sparkle of the city while the sun sets, we feel grateful for each other and for the little things in the day.
So at face value – I spend way too much on exercise. But I believe in investing in my health, and in my relationship, and the current set up achieves both of those outcomes. I definitely agree it can be done cheaper – there are thousands of work outs available free online, via apps or Pinterest or ebooks or Instagram – but unless you stick to them, they are useless, simply mental clutter. This category, for me, defines the “personal” of personal finance. I’m excited to share more about it as I transition into the second half of my twenties (nooooooooo!!!) and as I undertake a focussed approach to my finances in 2016.