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- Cancelling Your Gym to Pay Off Debt?
Cancelling Your Gym to Pay Off Debt?
Good morning! If you follow me on IG, this question was asked by one of you:
PRACTICAL ADVICE
This is my answer…
I can feel your urgency in wanting to pay off this debt, that’s awesome! Personal finance is all about behavior change; and sometimes, to prove to yourself that you’re committed to a goal, you need to take massive action. That “massive action” could be picking up a side hustle, having a no-spend month, or even cancelling your gym membership. (Hopefully you cancel streaming services and other subscriptions BEFORE the gym membership)
Now if that’s something you need to do to show yourself that you’re ALL IN, then go for it! But I wouldn’t give up exercise in general, because that would actually slow down all your progress.
So get creative and try at-home workouts, calisthenics, and go for runs. Regular exercise will give you more energy, improve your productivity, and (from experience) increase your income. You’ll also be a lot happier on this debt-payoff journey.
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