This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Crunching the Costs of New Year's Resolutions

Get in shape
You know that guy in the tracksuit who nearly knocked you over as you got the mail this morning, then bent over winded half a block later? Woman in spandex on the Schwinn who held up evening rush pedaling home from work last night? Not only weren't they there a week ago, but they'll likely be taking up your space on the elliptical machine or treadmill once you get to your local Town Sports (CLUB - Get Report) or Life Time Fitness (LTM - Get Report).

In a surprise to no one, 16% of Marist Poll respondents who planned to make a New Year's resolution this year wanted to lose weight -- placing fitness first among all resolutions. According to The International Health, Racquet & Sportsclub Association, a health club industry group, the recent economic downturn has made this a really good time to join a gym. In 2009 -- the last year for which statistics were available -- 45 million health club members nationwide paid an average of $41.47 a month (or just less than $500 a year) in gym fees, down from $42.55 a month in 2008. Meanwhile, gym members were sneaking in more average visits -- 101 in 2008 to 102 in 2009 -- while trying to squeeze more value out of their New Year's vow.

"Due to less discretionary income, consumers now expect to pay a bit less for their memberships, but they tend to use them more -- in short, they want more bang for their buck," Melissa Rodriguez, IHRSA's Research Manager, said in a statement.

2 of 9

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
CLUB $6.88 0.15%
LUV $44.30 -0.62%
LTM $70.98 -0.13%
NYT $13.76 1.90%
MWW $6.34 -0.24%


DOW 17,776.12 -200.19 -1.11%
S&P 500 2,067.89 -18.35 -0.88%
NASDAQ 4,900.8850 -46.5560 -0.94%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs