Using Bargaining to Save

After trying out the gym for seven days, and doing some research on other area gyms and exercise classes, I decided to join the gym I tried last week. Not only was the price comparable to other options, the gym offered lots of evening classes that I can join in for no extra charge, and I felt more safe in the parking lot of the trial gym versus the other area gyms, which was very important to my husband as well.

Although I chose the trial gym as my first choice, I wasn't happy with the cost, and after meeting with the sales rep for the gym, I had a feeling that the monthly fee might be negotiable. I had a brand new outlook after listening to old Dave last week, so I decided I didn't care if they thought I was poor. :)

I was told the rate was normally $49, but if I signed up before the end of the trial I could get it for $39 per month and $99 enrollment fee. I emailed the sales rep on Friday and I offered a much lower rate than he had previously told me. I said I could pay $30 per month, no enrollment fee. He countered with what turned out to be his best offer- $35 per month and the enrollment fee was mandatory for all members. I was happy with this, as it was what I was hoping for, but I countered again and said I would come in that day if he could get it down to $32. He wrote back that he couldn't go any lower and to get that rate he placed me as a corporate account. So I accepted the $35 per month, as I know I will get good use out of the membership.

The lesson I learned here was don't be afraid to bargain- for anything, even a service. If they say no, what have I lost? If they say they can't go lower, then I choose whether I want to buy it at the original price. But by simply asking for a lower rate, I saved $48.

Here is the definition of frugality from wikipedia:
Frugality (also known as thrift or thriftiness), often confused with cheapness or miserliness, is a traditional value, life style, or belief system, in which individuals practice both restraint in the acquiring of and resourceful use of economic goods and services in order to achieve lasting and more fulfilling goals. In a money-based economy, frugality emphasizes economical use of money in meeting long term personal, familial, and communal desires.

Being frugal with my husband's hard earned money is very important to me. Because the value of being in shape and losing weight is important to my long-term goal of being healthy and fit, my husband and I decided to allocate money to a gym membership. I researched my options, and by bargaining to obtain a lower price, I practiced frugality.

It's important to remember that you never know where you can save money! Give bargaining a try next time before you pay full price.