Gym membership?

February 24th, 2016 at 02:55 am

So ... for the first time in who knows how long I made it over the gym today. Not to workout, but to ask about the early termination fee. $399. Ouch.

I have 12 months left to go on my contract, or about $500.

So, canceling now (tomorrow) would save $100. Usually I would say it's a no brainer, but ... right now with all the wedding expenses and house hunting ... I'm wondering if it'd be better to just let it pay out in drips of $46/month and pay the extra $100 than to let go of $400 in one shot.

I hate to waste the $100. There's very little chance of me starting to go again - I was reminded today of why I didn't like going very much (traffic and way too full parking lot.) And if we move further out than the middle of the city, traffic / time on the road would be even worse.

What do y'all think?

---
I took my wedding ring and engagement ring to a jeweler today (before going to the gym)to check on the sizing. The jeweler said I'd need to have it upsized 1 size (both) and suggested having them bonded together so they wouldn't rub against each other. Quoted $90 for all of it (resizing, bonding)

She said it'd take about 3 business days. So, probably drop off there after taking my mom to the airport the Monday after.

--
I have to share with you a link to a house Mr FT sent me. I'm not sure if he was really serious about it or not ... but can you imagine? Two people in a place this size? It's a dream inducing place as far as style, etc., but nightmare inducing when thinking of real costs. http://www.zillow.com/homedetails/1445-E-St-Lincoln-NE-68508/6574554_zpid/

--
Mr FT is going to be sending the realtor a list of 4 or 5 places we want to look at on Sunday (hopefully tonight.) He also volunteered to email the FSBO house owner to let him know what we are doing - we haven't totally discounted that house yet.

(However, if we look at the $89k house and find we love it, I will not be unhappy. At all.)

---
I got my copy of the Tightwad gazette from the library today. Haven't looked in it yet for the chore division. Smile

--
2 months and 1 day. Faint.

--
I sent Vanguard an email about a week ago asking about the process of taking $10k from my ROTH for a first time home purchase. No response.

I'm thinking I'll try calling tomorrow after work. Kind of frustrating that now that they've got my money, this is the kind of response I get.

Posted in General, Financial, Wedding, Schmelding | 11 Comments »

11 Responses to “Gym membership?”

AnotherReader Says:
February 24th, 2016 at 03:06 am 1456283164
1456283164

"Ready to be revitalized" means it needs to be remodeled completely. In your shoes, I would be looking for "move in ready." Updated with all repairs done and energy efficient.
FrugalTexan75 Says:
February 24th, 2016 at 03:09 am 1456283364
1456283364

I agree AR.
Jenn Says:
February 24th, 2016 at 03:29 am 1456284547
1456284547

I would make myself use the gym rather than lose the money by finding a less popular time. I'd also check the contract to see if there's a clause that would cover cancellation in the event of a move.
FrugalTexan75 Says:
February 24th, 2016 at 03:32 am 1456284737
1456284737

Well, I could perhaps go on Sunday's. Otherwise, if I'm going to go, it has to be right after work. Or I'll never get myself over there.

There is a clause for moving - but it has to be out of town moving. Not just moving another ten to 15 minutes away.
VS_ozgirl Says:
February 24th, 2016 at 06:54 am 1456296885
1456296885

The place has loads of potential but looks like it would be really pricey to bring up to a great standard. It doesn't look unliveable but still a lot of work. Personally I'd go for something more affordable but that's because I've never believed in expensive homes. And given the big financial things you're doing, I'd keep the gym membership going to reduce unnecessary cash outflow - you can probably use the membership pre-wedding to avoid going up a dress size and to de-stress .
creditcardfree Says:
February 24th, 2016 at 01:21 pm 1456320114
1456320114

Vanguard is going to code your withdrawal as an early distribution. It is then your responsibility when you file taxes to prove you have an exception that qualifies. I even went so far as to pretend to make a withdrawal from my Roth at Vanguard. You can have the money sent by check, wired, or ACH to your bank account. They will ask if you want to withhold money for taxes. You don't. It will warn you that they are reporting it as an early withdrawal because you are under 59 1/2.

I also thought
Text is this article and Link is http://www.fool.com/money/allaboutiras/allaboutiras12.htm
this article at Fool.com was good, particularly pointing out that you have 120 days to complete your home purchase from the time of the distribution.
FrugalTexan75 Says:
February 24th, 2016 at 01:25 pm 1456320353
1456320353

VS - I think you're right on both counts.
CCF - Ah! Thank you! I still need to make sure they have my contributions coded correctly - since I moved the ROTH from TROWE to Vanguard.
creditcardfree Says:
February 24th, 2016 at 01:56 pm 1456322180
1456322180

If the money went direct from TRowe to Vanguard and both were your Roth IRAs that is considered a transfer and you will not likely see any tax forms. It's a nonreportable event. So if you haven't seen a 1099R from TRowe you are probably good to go.
Kiki Says:
February 24th, 2016 at 08:51 pm 1456347074
1456347074

Wow I love the house but would hate to spend the money to fix it up - incredible price for that size house. Can't imagine ever finding something that cheap here in California.

It is fun to dream though.
natasha.cornelius Says:
February 24th, 2016 at 09:17 pm 1456348639
1456348639

Oh my gosh homes in Lincoln, NE are WAY cheaper than Bozeman, MT. I can't believe that massive house is only $125K. Not sure what 2 people would do with all that (and separate maid's staircase?! What?!) but it sure is interesting... and beautiful original detailing.
FrugalTexan75 Says:
February 25th, 2016 at 01:40 am 1456364419
1456364419

Thanks CCF! Then it sounds like I have nothing to worry about.
Kiki/Natasha - The price for that house is way below appraised value. If remember correctly, the previous tax year it was appraised at around $200k. And another year, $369k. I think the only reason it is priced as it is, is due to the work needing to be done to it.

I have no earthly idea what two people would do with that much space.

(Note: If you were logged in, we could automatically fill in these fields for you.)

Name:	*
Email:	Will not be published.
	Subscribe: Notify me of additional comments to this entry.
URL:
Verification:	* Please spell out the number 4. [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]

Keeping It Frugal

My thoughts about life and money.

Gym membership?

11 Responses to “Gym membership?”

Leave a Reply