Before I break down the costs of my new fitness regime, I’d like to preface this by saying that I think investing in my health is worth every penny. I am laying the foundation for a longer life, filled with wonderful experiences. I hope to remain fit throughout adulthood, and starting now will give me a competitive edge. However, as I continue to buy the equipment I need, and enroll in clinics and events, I can’t help but eye the costs as they slowly stack up. Such is the life of a competitive athlete (tee hee, I’ve never been able to call myself that before).
This year has been really great for me from a fitness perspective. Around February, I switched my gym membership to Goodlife Fitness. This was in anticipation of my goal to finish a 5k run, which I completed in 27:47 minutes. Only problem? I got hooked. I then signed up to do a Give it a Tri. I had wanted to do a Spartan Race in June, but the thought of shelling out an additional $60 when I was practically homeless (if you haven’t read my May-June archives, I definitely suggest it. The truth is stranger than fiction, but it involved losing my apartment, quitting a horrible job, living on my friends’ couch for six weeks, before finally finding a nice one bedroom and a great job).
Now, here I am in November, and my fitness bill has continued to grow. I’m including all the costs that I can remember, although I’d factor in an additional $100 of miscellaneous costs, including flat tire fixes, bike lights, special cell phone pockets, and uncategorized equipment. This also excludes my $18 biweekly gym membership, my volleyball fees, and any nutritional costs, such as protein powders.
Ugh. In no particular order, here we go:
$50 – 5k enrollment fee
$100 – Vibrams Five Finger Shoes
$75 – Give it a Tri enrollment fee
$60 – CN Tower Stairclimbing (tax deductible)
$540 – New bike
$25 – Swim Goggles
$80 – Half Marathon Clinic with the Running Room (includes technical wicking t-shirt).
$75 – Bike Pannier (which split open the week after I bought it, haven’t figured out how to fix it yet).
$220 – Ironman enrollment
$100 – Miscellaneous Costs
TOTAL: $1,325 (approximately, year to date).
Anticipated future costs:
$100 – Special bike shoes
$125 – Merrell Pace Glove minimalist shoes for winter running
$100 – Miscellaneous running gear, including new items for winter running
$70 – Padded bike shorts
$200 – Bike upgrades, including additional water bottle holders for endurance cycling
$300 – Triathlon wetsuit
$50 – Half Marathon Enrollment
$75 – Olympic Triathlon Enrollment (as a practice)
$80 – Marathon clinic (I have a feeling I’m going to want to do a marathon after this…my half marathon clinic starts tonight and we’re only running 4-5k, lame).
$200 – Miscellaneous triathlon costs (transportation, stay at the hotel, etc.)
TOTAL: $1,300 (by September 9, 2012).
The total budgeted cost for me being fit on a competitive athletic scale is $2,625. That’s a LOT of money, and it’ll probably run closer to $3000 when you factor in that I play volleyball (about $120 for the summer), and buy protein powder. There will probably be some other costs associated that will pop up unexpectedly.
Truthfully, I’d rather be spending all this money elsewhere. I’d rather be putting it towards my savings, travel, investments, or more importantly, a down payment. But having the Half Ironman as a goal has focused me in ways I couldn’t have imagined. I think about it every day. It motivates my every action. It reminds me to eat healthy foods. It forces me to go to the gym, even when I don’t feel like it.
I’m doing okay, though. I don’t have as much in the bank right now as I’d like (I know, the plight of the 20-something), but I can afford an additional $1300, spread out over 10 months. I’m hoping for a good Christmas bonus; meanwhile, I have identified some areas of my financial spreadsheet that need some loving.
My current areas of financial improvement:
EMERGENCY FUND: $150 (needs to be closer to $3,000, and that’s just to start, ideally I’d like for it to be $10,000)
TFSA: $0 (would like to have $10,000 of stocks and investments)
RETIREMENT: $8,600 (would like it to be closer to $15,000)
How have you invested in your health?
Funny story: shortly after I posted this article, Single to the Penny posted her own costs of running … and I can completely identify!!! Check it out here :)