Warning: Canceling a gym membership can be a total hassle

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Warning: Canceling a gym membership can be a total hassle
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This is the time of the year when a lot of people start to think about their New Year’s resolutions – and many of us will be setting fitness goals for 2017.

But before you sign up for a new gym membership, we have a warning for you.

Read more: Best way to control your weight? Hint: It’s not just diet or exercise!

Canceling a gym membership isn’t as easy as signing up

While the salesperson at the gym will make it as easy as possible to get you in the door, they won’t be so eager to tell you about the cancelation policy.

For example, most national chains will get you started with an online account to set up bill payments.

However, you probably won’t find an option to cancel your membership over the Internet, even though you may be able to freeze your account online for a monthly fee.

To cancel, many gyms require you to either meet with a manager in person or send a certified letter. 

Review your gym’s policy: 

Clark: Do not sign a multi-year gym contract

As Clark has said in the past, you want to find a gym that allows you to pay monthly or quarterly with no contract. The worst thing for your wallet is to fall for a sales pitch and sign a multi-year contract.

“Signing a contract will not get you to work out. You may have the best of intentions, but most people quit working out within 6 weeks,” Clark said.

If you’re serious about getting fit, you may want to consider one of the 24-hour gyms that charge around $30 a month with no contract.

The facilities won’t have showers or a juice bar, but they have all the equipment you need.

Read more: 8 sneaky ways to save on a gym membership

Taste test: Clark tries a ‘healthy’ ice cream

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Michael Timmermann paid off his mortgage in two years. Now, he shares his money-saving tips on his blog, MichaelSaves.com.
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