With February coming to an end, have any of us actually stuck to our New Year’s resolutions?Whether it’s to lose weight, become more financially stable or to start cooking more from scratch; New Year’s resolutions are a great way to set goals for ourselves for the year ahead. The trouble with unrealistic New Year’s resolutions isn’t just that you’re setting yourself up to fail, but it’s also potentially draining on your finances. Here, you’ll discover the real cost behind some of the most popular New Year’s resolutions.
Expensive gym memberships
By far the most common New Year’s resolutions for a huge number of Brits, is to lose weight. After over-indulging at Christmas, most are filled with high motivation to get healthier and leaner in the new year. This typically means signing yourself up to the gym. Gym memberships soar in January, but come February, most have already stopped going. When you consider the average cost of gym membership is 246 for the year, you quickly realize just how much money you could be throwing away. Investing in home gym equipment is much cheaper if you’re still looking to keep fit.
Quitting smoking
There’s no getting away from the fact that quitting smoking is the best thing you can do. However, for many smokers, it’s so much easier said than done. In order to be successful, smokers need to be in the right mindset to quit. If they aren’t, it’s likely their quit attempt will fail, leading to wasted costs.While smoking cessation aids such as nicotine patches are cheaper than cigarettes to purchase, you’re still throwing money away if you end up going back to smoking. Therefore, it’s advised smokers receive the right support while they are quitting to avoid wasting money.
Financially stability
Another common New Year’s resolution is to become more financially stable. This is especially true for those who have gotten into debt trying to pay for Christmas. As most don’t have the funds to pay off the debt themselves, many will turn to debt consolidation loans and other forms of credit to make paying off the debt more manageable. It’s important to always thoroughly research your options to make sure you’re choosing the right one for you. There are loads of great advice services out there for becoming more financially stable, so don’t let the winter months deter you from your goal!
I’m a 20-something stay-at-home mother and wife. I have an amazing husband, a beautiful daughter, two loving dogs, and a lazy cat. I wouldn’t change my life for anything! I love to read, listen to music, cook and blog!
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