FitSugar

Now Is a Good Time to Join a Gym

FitSugar — Fri, 03 Oct 2008 12:00:00 PDT

One of the positive sides about the economy being so uneasy right now is that good deals are everywhere. In an attempt to save money, many folks have ditched their gym members and started working out at home and outside. Combine that with the fact that gyms see a decline in membership at this time of the year anyway and many are offering great deals on memberships. Plus, most gyms are a lot less crowded right now (as opposed to the beginning of the year), which means you'll be able to take advantage of the free space and you'll really be ready to go for the new year.

Source

Recession Proof Your Workout: DIY Home Exercise Equipment

FitSugar — Fri, 26 Sep 2008 03:30:00 PDT

The economy is on almost everyone's minds these days, but it's important that despite the tough times, we keep ahead of our health. If you're trying to cut back on your costs, you can easily transform a few items at home into your exercise equipment. The Mayo Clinic had a few good ideas as to how. They are:

Canned goods. Many canned goods can serve double duty as hand weights.
Milk or water jugs. Fill empty milk or water jugs with water or sand and secure the tops with duct tape. To adjust the weights as your fitness level changes, simply add more water or sand. If you wonder how much weight you're lifting, simply weigh the jug on your household scale.
Step stools. A low, sturdy step stool can become exercise equipment if you use it for step training - an aerobic exercise resembling stair climbing.

I've got a few ideas of my own to add to the list so

Water bottles. Just like canned goods, water bottles make a great supplement for hand weights (and they won't damage your floor if you drop them). Need to beef it up? Detergent bottles do the trick too.
Chairs. Use a sturdy chair to do tricep dips and inclined push-ups. Have someone spot you to make sure the chair does not flip over.
Walls. Use your walls for push-ups (hands against the wall), stretching, and wall sits.
Stairs. Even if you only have a few stairs in your house, you can use them to climb - up and down.

If this sounds like something you could do, then be sure to check out this 10-minute workout that anyone can do at home.

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What's Your Advice for Working Out on a Budget?

FitSugar — Thu, 31 May 2007 09:30:00 PDT

Everyone gave amazing advice for motivating a fellow Sugar user last time -- Thank you! So, here's another question that someone sent me that could use everyone's advice too:

Hey Fit! I am thinking about trying to tone-up my body, problem is that I am pretty tight on money these days (just graduated college, but unemployed) and I can't afford to join a gym. Can you recommend cheap ideas for working out on a budget until I can scrape up the cash for a gym membership?
-Budgeting in Baltimore

Got advice to give? Leave it in the comments section below.
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5 Things You Always Wanted to Know About Paying For College

LearnVest — Wed, 23 May 2012 00:15:23 PDT

Paying for college is such a complex issue. LearnVest helps simplify it by answering some key questions in regard to paying tuition.

If you believe everything you read, then you might think you need to be a Rockefeller to have kids.

That, of course, isn't the case.

Yes, kids are expensive, and thinking about paying for a college education can be scary and frustrating . . . but that's where we come in.

As with everything else in life, figuring out what to do about your kid's college savings is all about the planning, says Stephany Kirkpatrick, CFP, LearnVest's director of financial planning. Depending on where you are in life right now and how old your kids are, you may have questions about how to set up a 529 plan (which is an education savings plan designed to help families set aside funds for future college costs), what to look for, and when to start saving.

If you're pregnant or have a newborn and are starting to think about this, then good for you! The earlier you get started socking away cash for their college, the easier it will be. You'll learn a lot in this article, but you should also check out our Baby on Board Bootcamp, which will tell you everything you need to know - financially - to be ready for a baby. It includes 529 advice, as well as financial tips on everything from putting together a will and picking out a life insurance policy to buying nursery basics.
If your kid is slightly older and you’ve done your research but haven’t yet started saving in a 529 plan, then first read the four mistakes to avoid when choosing a 529 plan, and then check out the different college savings plans available to you.
If this is the first you’re thinking about it, no matter your kid's ageI, then don't worry about it. You have to start somewhere!

Read on for more.

What It Takes to Buy a Home

Kiplinger — Mon, 21 May 2012 03:14:47 PDT

Do you have what it takes to buy a home? Consider this exhaustive guide from Kiplinger.

Tired of renting? It could be a great time to buy your first home. In many cities, home prices have bottomed, and rents have risen. Mortgage rates are still superlow. In fact, homes haven't been as affordable since 1971. On the downside, in many cities, buyers have fewer homes from which to choose and more competition for the best houses.

In Austin, TX, newlyweds Mark and Ariane Corcoran bought their first home in March. They were renting in a popular downtown neighborhood, where they paid $1,200 a month for a 500-square-foot loft apartment, when they inherited enough money for a down payment. When they began shopping, they expected to buy a classic 1930s Austin bungalow. They found lots of prospects online but drove by most of them. "Agents are really good at taking photos that exclude what they don't want you to see, like the used-car lot out back," says Mark.

They put in an offer on a $225,000, 800-square-foot home. But after the home inspection, they realized that it needed $20,000 to $30,000 in renovations and repairs and that they'd quickly outgrow it. They walked away during the state-mandated rescission period (during which a buyer can back out for any reason and get back any earnest money deposited).

Ariane identified their next prospect within an hour after the listing appeared online. It was a newly built, 1,600-square-foot home with three bedrooms, 2.5 baths, and a yard for the dogs. The builder asked $270,000, the couple offered $260,000, he countered, and they paid $268,000. They put down 20 percent to avoid private mortgage insurance and snagged a 30-year fixed rate of 3.75 percent from a credit union. Their monthly mortgage payment is $1,524.

Before you take the plunge, consider the answers to questions often posed by first-time buyers. Read on for what to ask yourself.

Save Money, Help the Planet With These DIY Healthy Snacks

Jenny Sugar — Tue, 15 May 2012 16:28:48 PDT

Eating healthy isn't always cheap, but it's a must if you want to improve your overall health. If you choose to buy organic or exotic options like dried blueberries - $13 for a small bag! - snacks can quickly eat up your food budget. Find out how to nosh on healthy nibbles and still have money left in your wallet.

Cheese sticks: Instead of buying individually wrapped cheese sticks, save money and avoid plastic packaging by making your own. Buy a block of your favorite cheese for a few bucks- mozzarella and monterey jack work well - and cut the block into long wedges for a grab-and-go snack.
Nut butter: Nut butters are great on toast, crackers, or sliced fruit, but if you buy organic jars, you can spend almost $8. Try this instead: buy huge bags of unsalted raw nuts, pour a cup in the food processor, and make your own. You can even make mixed nut butter with a few of your fave nuts and seeds. Spoon the creamy mixture into a glass container to store in the fridge.

Keep reading for more money-saving snack tips.

Fixes For These 10 Money Mistakes

Business Insider — Tue, 15 May 2012 00:15:04 PDT

Everyone makes mistakes. Business Insider shares solutions for some common money mistakes people make.

Recently, two friends confessed they live check to check - a revelation worsened by the fact that they only check their bank balance once or twice a month.

We called in the finance experts, and here's what we decided they should do to get on track.

"I check my balance once . . . every two weeks."

The mistake: The more we rely on our debit cards, the easier is to go over budget - and risk having our bank misorder the charges to slap us with overdraft fees. It's the reason my friend keeps paying $39 for that Starbucks latte.

The fix: Get in the habit of checking your bank balance morning, noon, and night, says financial expert Farnoosh Torabi. "Rather than compartmentalizing into a once-a-month chore, make checking statements a habitual, daily thing."

"What, my bank offers an app?"

The mistake: Ignoring your balance can make you "forget" about incoming bills and checks waiting to clear, and not using your bank app is careless.

It also keeps you out of sync with your money, something you don't want to do in an era of rampant identity theft.

The fix: Download the app!

Read on for more.

Earning $50,000 Will Make You Happy

LearnVest — Wed, 02 May 2012 00:15:28 PDT

The magic number for happiness is apparently $50,000. LearnVest tells us more about it.

Good news! Apparently, happiness is on sale for the new, low price of $50,000.

Nope, we’re not talking about private trips to outer space, or even tuition for an Ivy League college. Apparently, all you need to be happy is $50,000 in yearly income.

That’s the finding of a recent poll by the Marist Institute for Public Opinion, which saw big differences in almost all facets of happiness between those who earn less than $50,000 and those who earn more.

Call it the happiness tipping point, if you will.

Respondents to the poll who made more than $50,000 were more satisfied with their lives concerning factors ranging from friends, to health, to how they spent their time. Unlike getting a raise from $35,000 to $40,000, or even $60,000 to $65,000, “$50,000 is the mark where you start to see significant differences,” researcher Susan McCulloch told LearnVest.

Happiness: Now 33% Off!

Depending on your own situation, $50,000 might sound like a lot. But this is actually a steep discount from what studies previously cited as the golden number: $75,000. A 2010 study from Princeton University’s Woodrow Wilson School found that, up to $75,000, each boost in income increased participants’ happiness. But after that, bringing home more income ceased to matter in their overall life satisfaction.

Read on for more.

13 Health Gimmicks You Can Stop Wasting Money On

Business Insider — Tue, 01 May 2012 00:15:21 PDT

Consumers have a tendency of falling for the next big health gimmick. Save your money on health duds with these Business Insider tips.

No matter how many times we're told otherwise, Americans' obsession with get-healthy-quick schemes will likely never die. Too bad most of these fads aren't worth their weight in salt - or your hard-earned dollars. We've put together a list of some of the worst budget-sucking health trends that still persist today.

Coconut Water

Coconut water may be nature's version of Gatorade but some brands have already caught fire for over-hyping its nutrient content. Vita Coco agreed to settle a $10 million class action lawsuit over an independent study that showed the drinks didn't pack near as many electrolytes as advertisements implied. Some coconut waters are also loaded with added sugar, which will do nothing to help your waistline.

Alternative: Pick up your own young green coconuts on the cheap from an Asian produce market. Just crack them open with a cleaver and pop in a straw.

"All-Natural" Foods

30 percent of Americans bought more natural foods in 2011, according to a Rodale study. But what are we really paying more for? There's no clear cut regulation on what makes food "natural," which means just about any company can slap that label on its packages, add a fancy green theme and jack up the price.

Says Andrew Schrage of MoneyCrashers: "Before buying any food that is touted as being 'all natural,' take a look at the ingredient list before you check out. Keep in mind that butter and salt are indeed natural ingredients. So stocking up on natural foods may not achieve anything other than increasing your grocery bill."

Read on for more.

Ask a Savvy Bride: I Can't Afford the Bridesmaid Dress

SavvySugar — Sun, 29 Apr 2012 03:05:25 PDT

Have you ever been asked to pay for an expensive bridesmaid dress that you just couldn't afford? If so, offer up your advice to Becky who's stuck in the same predicament. And if you have any questions of your own, ask them in the Ask Savvy group!

Dear Savvy,

I'm a bridesmaid in a dear friend's wedding this Summer and I'm honored and thrilled that she asked me to stand up for her on her special day. She's in full planning mode and has finally decided on the bridesmaid dresses, which is out of this world expensive. I know anything that revolves around the word "wedding" jacks up the price, but $400 seems a bit excessive. I am not in a place where I can afford to spend that much on a dress, not to mention all the other things I'll have to pay for (shower gifts, wedding gifts, shoes, etc.). What should I do?
Broke Becky

To see what a savvy bride has to say about this, keep reading after the jump.