The 2020 fitness industry was all about streaming classes to your living room, with some people purchasing fancy gym equipment like Pelotons for their homes, while others used rice bags, books and gallon water bottles as makeshift weights.
But many gave up on that in 2021. While Peloton saw massive growth in 2020, the at-home fitness bike company is slowing down. The company's share price got pummeled recently after Peloton reported results that missed expectations.
In short, you might be replacing solo workouts on the Peloton in your living room with a real, in-person group fitness class. If you're one of the people ditching at-home workouts for in-person training, you might actually find yourself saving money. Here's how:
Sell your old fitness equipment
Remember back in April 2020 when prices for basic equipment like dumbbells and pullup bars were through the roof? That's hardly the case anymore. In fact, Peloton dropped its original bike from $1,895 to $1,495 in August.
If the price-dropping trend continues, you might want to offload your old gear before it depreciates in value. If you're looking to sell to people all around the world, then sites including eBay and Bonanza allow you to post a range of goods including fitness gear, taking a cut of your sale.
For local sales — which is likely more realistic if you're trying to offload bulky items too cumbersome to ship, like a spin bike or squat rack — use sites like Craigslist, Facebook Marketplace or Letgo.
Cancel your digital fitness subscriptions
