It seems all the rage at the moment, everyone is getting into fitness. And for what it’s worth, we think that’s great. Being healthy is awesome! But how much are you spending on fitness gear and what if you lose it all?
Many of us are passionate about being fit while others treat it as a healthy past time. No matter what way you look at it, being fit and healthy is a good goal. That said, it can also be a fairly expensive one.
If you are thinking about putting together a home gym then chances are you’ll be spending money on things like weights, an exercise bike or tread mill (or both) and a bunch of other equipment. Even at the less expensive end of the spectrum we can still spend hundreds on things like kettle bells, yoga mats and various other bits and pieces. It all adds up and warrants thought when you renew your insurance.
What if you want to take up cycling instead? Generally speaking you’ll either buy a road bike or off road mountain bike. There’s varying degrees in between and the range within each of these ends of the spectrum vary considerably. A bike on its own can cost thousands depending on how serious you get but then there’s all the add ons. A bike computer to track your progress. A pump just in case you get a flat. The little things like a bottle or back pack also begin to sum to a notable amount of money.
Getting involved in team sports can also be a fun way to get fit and healthy. Join a local touch football team or soccer team. Mixed netball or social baseball. All are great fun. If you start buying gear for these sports keep track of what you spend and you may be surprised. Getting a little serious? You could end up spending more than you originally planned. Imagine buying a baseball glove, bat and some balls. There’s a couple of hundred dollars.
Even if you’re not buying equipment specific to a particular sport you may still be spending a decent amount of money. If you buy a couple of shirts, some shorts, a pair of shoes, a hat and any other general gear you can see that you’re likely to spend a couple of hundred dollars. Clothes alone can be costly but then add other stuff that you might like if you’re getting into it a little more. A Fitbit or other watch, a heart rate monitor. You can see where this is going.
Knowing what you own
No matter what you’re into, getting fit can be costly. If you leave something in your car and it gets stolen or something more dramatic happens while your stuff is at home, you’ll want to ensure that you’re covered. Make a list of the stuff you own and track how much you spend. It’ll be handy when it comes to working out how much it’s worth when it comes time to update your insurance in future…