BFIN: Cost of New Years Resolutions
Posted on December 29, 2012
The Cost of Resolutions: Happy New You!
In the 90’s and 000’s, New Years Resolutions were simple and focused on the mantra of “Self Improvement”. Companies like Lulu-Lemon, who inspired personal gratitude skyrocket to the top of consumer awareness because they encouraged the buyers of the brand to reach their self-improvement goals. I am anything but perfect. I’m a work of art, a masterpiece that has yet to be fully achieved. In truth, I hope I never reach my artistic and pragmatic concept of perfection. To reach my ideal version of self, would be a disappointment and an oxymoron. Improvement and resolutions are progressive and continual; perfection in static and passé.
I hope to evolve and transform through out my life as I learn and grow through experience. The resolution of yesteryear’s of the 90’s and 2000’s are being forgotten. Long gone are the self promises to quite smoking, continue education, and the will power required to commit to fad diets. The most popular resolution of 2013 have a focus on maximizing time and building wellness. These resolutions include such goals as: creating more; s to read more; to shop less, to cook more, to increase flexibility; to do more good for the greater community ( volunteer, donate, etc).
For 2013, the fear of the fiscal cliff is a dark cloud looming over lofty goals. We as a nation have to make smart changes; changes we can afford. For 2013 the resolutions that seem predominant are those with an essence of a community combined with self-improvement, ( i.e.. To make new friends who want to focus on wellness while improving fitness. To try new routines…Think BarreBodyStudio…).
Top 2013 Resolutions:
Get Fit at home vs. the Gym
Cost of a trainer for 100 sessions: $7000, cost of a one year gym membership $600
Workout DVD’s ($9.99-$29.99 each) plus equipment $30 for a mat, and $40 for equipment.
(Can you commit to your workout at home, really pencil it in? If not, rethink your strategy).
$2,646 dollars of a one year membership to Equinox or $479 of a one year membership to weight watchers
$23 per month to enroll in a debt management plan.
( on my list)
$ 7, “clear your space, clear your mind.” by Lina J. Parks
Book costs….and or tablet computer cost of $699
Find a New Job:
The opportunity cost of quitting and searching for new employment, plus the necessary personal appearance investment to look presentable.
Volunteer More/Serve on a Non-Profit Board:
Time costs, opportunity costs, potential for increased stress and less time with family and friends. Potential for personal disconnect if the organization does not fit with your personal philosophies. This resolution is a positive concentration, however it needs to complement you and your lifestyle.