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Brits set to 'ditch the gym'

Published: 2 January 2009 in Unsecured Loans

With the credit crunch continuing to put a strain on the finances of Britons, many are resolving to quit their gym membership during 2009, which may mean that shifting the pounds is a less popular new year's resolution this year.

According to moneysupermarket.com, the average gym membership can cost as much as £500 a year, however, many people who have taken the time to review their disposable income have decided that they are no longer able to meet this cost.

However, while 14 per cent of respondents admitted they would be cancelling their subscription, 42 per cent claimed they would continue to pay, despite being unable to afford it.

And only 28 per cent of gym members regularly showed up to work out.

Emma Walker, head of protection at moneysupermarket.com, said: "New Year is often the time when people make promises to themselves to be healthier. Joining the gym is one way of kick-starting a healthy new year. However, it is important to remember it can be a huge financial commitment."

Meanwhile, the Association of British Insurers has revealed that 47 per cent of Britons are aiming to save more this year.

Unsecured loans:- JST Financial, Unsecured, Personal loan Specialists catering for good and adverse credit for tenants and homeowners

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