5 simple ways to get the lowest prices on gym memberships

You don't have to go broke going to the gym. You just have to know how to find the best deals.

Of course running is a great way to stay in shape and it's free.

But,  if you'd prefer working out at a gym I have some ways to help you save.

First, buddy up. Some gyms offer discounts when you sign up with more than one person.

For example, right now the YMCA is charging $47 per month for one person. But for two people, it's $73 a month. If you do the math, you're looking at about $36 per person.

My second tip is: always try to negotiate.

The first price I was offered at 24 Hour Fitness was $39.99 per month. But when I said I was looking around, the representative immediately told me about their special of $29.99 per month.

Third on the list is don't assume that just because the gym is waiving the initiation fee that you're getting a screaming deal.

LA Fitness has a no joining fee and $39.99 per month promotion going on right now. But their regular cost is $99 for the joining fee and $29.99 per month.

So, if you plan on keeping your membership for more than a year, it makes sense to pay the $99 initiation fee so that you can keep the low monthly rate.

Another tip is don't assume that salespeople are the only ones who can offer discounts.

Costco has an online deal to 24 Hour Fitness. It's $350 for a two year membership.

Sounds like a lot upfront, but it adds up to about $14 a month, and that's more than half of what the actual gym offered me.

And last, but not least, don't forget about those free trial memberships.

Most gyms offer them. Whether it's three days or seven days, it's a great way to try out gyms in your area to make sure it's what you want before spending any cash.

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