Were you once physically fit and enjoyed being active? I am one of those guys. I used to wake up and play 30+ games of tennis, then I went to the lake to go for a swim, and then I’d go lift some weights! I was pretty active and I was in good physical shape!
Well, then I bet you know what happened next. I graduated from college and found a job that captured my life from 8am to 5pm (and I’m probably one of the lucky ones…many jobs might keep you in the office until 7pm or later). Once I got home and ate dinner, there really wasn’t much time (or motivation) to exercise. On top of that, my friends are busy too and can’t just drop everything to go play some tennis.
How Does An Adult Get Regular Exercise?
So, in order to get exercise, the common solution is either to join a gym and spend $50 a month on a membership (which is tough to do consistently), or buy some weights and make a “home-gym”. Both of these ideas work for a while, but they’re tough to stick with.
Recently, I enrolled myself in a health-focused work program called, “On-The-Move” where I have to log a certain amount of steps per day (yes, this is tracked on my oh-so-fashionable pedometer). Since I sit in an office all day, this is actually pretty tough to do; luckily, there is a conversion chart for a variety of exercises and activities. This is where the bike comes in!
I don’t know about you, but walking is pretty boring for me, especially if it’s on a treadmill….. So, I thought I’d invest in a bicycle! It will allow me to explore the area and get some great exercise!
My company is pretty great and they will actually reimburse $100 for a new bike purchase. That word, “new” is actually pretty important. I can’t just buy a bike from my friend and get a reimbursement. There has to be a legitimate receipt from a store in order to get that $100.
The New Bike Search
Well, I figured that I could just hop online and find a bike that’s 100 bucks and basically get a free bike! Not that easy…unfortunately. I am a very tall individual that needs a special bike. This “specialness” would typically cost $300 – $400 for a brand new bike. Even if it was only $300, I still pay $200 after the reimbursement (plus tax)!!
This is where I really had to check myself. Do I really need a NEW bike? Probably not. If I get sick of biking in a month, I would feel much better with a used (and not so expensive) bike, than getting stuck with a brand new bike expense.
The Used Bike Search
So, I began the search on craigslist. Wouldn’t you know it, I found a used tall men’s bike listed for only $75. Sure, the bike is probably 30 years old, but it had 10 gears and solid tires. Plus, it was made in an era where things lasted!
I went to look at the bike and it was just what I was looking for. My knees didn’t biff the handlebars and it rode like a dream. Naturally, I found a few flaws and asked the question, “Is $75 really the lowest you can go?” Of course it wasn’t! She really wanted to get $60 out of it, and it just so happens that that was what I was willing to pay.
So, I didn’t get the reimbursement of $100, but I’m only $60 deep in this investment, and the bike is still keeping me in shape to this day.
Have you scored any deals lately? Tell us about it! 🙂
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.