Here's How Much Your New Year's Resolutions Might Cost You

Here's How Much Your New Year's Resolutions Might Cost You

For many of us, the start of a new year means taking steps to make some sort of personal improvement, whether it's our health, our appearance, or the way we spend money. The problem, however, is that some of these resolutions can come at a cost. And if you're not careful, you could end up paying a bundle to chase a goal you might otherwise accomplish for free.

Getting in shape is among the most common New Year's resolutions out there, but it's also one area where the media does too good a job of persuading us to overspend. The average cost of a gym membership is $58 per month, or $696 per year -- yet 67% of those who sign up for memberships don't actually use them.

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Source: Fool.com