Frugal Friday: Review Your Memberships

June 27th, 2008

It’s easy to rack up a list of various memberships. No matter what it may be, all those “really cheap” memberships start to add up after awhile. A few dollars a month here, another few there……..before you know it your memberships are costing you more than some of your regular bills!

This week I challenge you to take a look at your budge and all those monthly memberships. How often do you REALLY use half of them? Are you going to the YMCA, gym, or an online site as much as you told yourself you would?  Are you using your membership several times every single month, or just “once in awhile”?

Run the numbers in your head really quick – if your gym membership is costing you $15/mo (hypothetically – I have no idea what it really costs, we don’t have them near here), and you only go once every three months, is $45 for one day really worth it? Same goes for YMCA memberships. Those can be paid for daily, and possibly worth it if you are only going once or twice every few months.

Sit down with your budget and take a real close look at those monthly membership. If you aren’t getting your money’s worth out of them, cancel. You’d be surprised how much you end up saving!

Related posts:

  1. Frugal Friday Tip
  2. Frugal Friday: Ditch Your Movie Channels
  3. Frugal Friday: Saving Money on Gas
  4. Frugal Friday: Digital Scrapbooking
  5. Frugal Friday: Clip Coupons

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