Getty Images

Trying to cancel your gym membership can be more tiring than actually attending that kick boxing class you've been avoiding. Getting out of your gym contract can be so difficult, in fact, that people are going to great lengths to avoid paying any penalties. After going into debt living a lifestyle she couldn't really afford, this woman forged fake documents to convince Equinox she had moved out of state. She photoshopped her name onto bills sent to her parents home in Virginia. She hadn't really moved, but it worked and she saved herself over $1,000 in penalties.

But before resorting to forgery, there are a few legal and effective ways to cancel your membership without paying. Most gyms let you cancel free of charge under certain conditions like, illness, relocation, disability, and sudden unemployment. Even if your reasons for canceling fall under those accepted circumstances, it's still not as simple as it might sound. You have to submit "official" proof from your doctor, boss, or submit proof of your new address by showing a lease or bill in your name.

Most people don't take the gym contract they sign as seriously as they should. It's just a gym membership right? How serious could it really be? But it's important to read the fine print before signing ANY contracts.

A contract for a gym membership is legally binding, so it's important to read ALL of the fine print. Understand what you're really getting yourself into, and make sure you know what the conditions are to cancel and how much you'll be charged. And get every interaction you have with gym staff regarding your membership in writing. Some employees might promise more lenient policies than are actually written in the contract.

Not moving, sick, or unemployed? You can still likely cancel without paying.

Most gyms include a clause that allows you to cancel if they stop offering all the services listed in the contract. Did your favorite hatha yoga class get cut from the only time slot you had free to take it? That might just be grounds for legal termination, without paying any fees.

If you're trying to ditch your gym membership because you'll be traveling for a few months, tending to an illness or family emergency, or even just in between freelance gigs, you can also opt to freeze your account instead of canceling it entirely. Most gyms let you stop paying your monthly membership for a certain amount of time, so long as you give them a heads up and plan to renew once the freezing period ends.

How to cancel your gym membershipUs News

How to get out of your membership if all else fails?

If the cancelation conditions don't apply to you, you're not interested in freezing your account, and you aren't willing to commit forgery, there is another option. If the terms of the contract you signed weren't explained to you before you signed, you can likely get out of it. Legally, cancellation policies have to be explained beforehand.

You can also threaten to take your complaints about the high cancellation fees and unexplained membership contract to social media. Businesses will try to avoid bad online reviews at all costs and will most likely just let you cut ties for free. Again, get every interaction in writing. If they agree to let you out of your membership without paying a penalty, ask for a written letter of acknowledgement.

If you're thinking this all sounds like too much effort and cancelling your credit card or just taking your payment method off your account is a better solution. Think again. Unpaid fees will get transferred to a collection agency. Even if the amount you owe is small, the impact to your credit could be big. It isn't worth it.

Cancel Subscriptions for FreeTrim App

Instead, consider hiring a cancelation service like Trim. This free and convenient service cancels your subscriptions for you, negotiates on your behalf, and gets you better deals on subscriptions you want to keep. Trim will even send your gym a letter requesting to cancel on your behalf. Let them do the haggling for you.

PayPath
Follow Us on

Airbnb is a great option while traveling, but you should protect yourself from damage charges from unscrupulous hosts.

Airbnb offers an affordable option for people looking to be more comfortable as they travel.

However, there are downsides to staying in a host's home rather than a hotel. Whereas hotels are designed for constant streams of visitors and often have furniture built to last, at an Airbnb, you may be staying on old or cheap furniture that a host is using in order to maximize their profits.

And while most reputable hotels will have regular room inspections from staff to check for any wear and tear, Airbnb damage disputes are oftentimes he said, she said situations. If you are in an Airbnb and something breaks, there are a few steps you should take in order to ensure that you are not on the hook for damages out of your control.

Keep reading Show less

What Are NFTs?

Art Installation N°1 by Carlos Marcial. Rhett Dashwood / YouTube

If you're keeping tabs on the art and tech worlds, you've probably been hearing whispers about "NFTs" for the past month. Just over the past week they've entered the mainstream lexicon.

Twitter founder Jack Dorsey made the news for selling his first ever tweet. The app has been teasing paid subscription models and newsletter-like features, but tweets for sale is "the next frontier."

The 2006 tweet went up for auction as an NFT, and the current bid is $2.5 Million. But what does it mean to own that? Why would anyone want to? And what even is an NFT?

Keep reading Show less

Long gone are the days when the majority of Americans dreamed about owning a home with a white picket fence.

The traditional American Dream may be on its deathbed, but that doesn't mean a core component of the vision can't survive. It simply takes a diverse perspective. People can still believe they can attain their own vision of success in society with hard work, knowledge, and risk-taking. Investing in today's American Dream may literally mean investing money in our modern economy, starting with our infrastructure.

Real estate investing in particular is a lucrative method that can boost income and secure a better financial future for many. There's always risk involved, but the payoffs can far outweigh the uncertainty. Selecting solid financial investments is about confidence and competence. If you're looking for some advice on this kind of investment, here are a few savvy tips for new real estate investors.

Stick To a Specific Strategy or Niche

Real estate is a challenging sphere of the business world, one that requires several key skills: groundwork knowledge, networking, perseverance, and organization. True knowledge of the real estate market will come with time and experience, but it's a smart idea to select one area of the market and stick to it. This is the best way to attain in-depth familiarity with your specific niche.

First, choose a geographical area close by and then a niche strategy within it, such as house flips, rental rehabs, or residential or commercial properties. By doing so, you can become aware of current inner working conditions in the market and you'll have a better idea of how these trends may change in the future.

Be Vigilant About Viable Financing Options

While it takes money to make money, you don't have to use all your own money. A common misconception about real estate investing is that you must be wealthy to start off. This isn't straight fact, however. A majority of people can test the waters of real estate investing without a lot of initial cash in their pocket.

Aside from traditional financing options from banks and institutions, private lending options can be worthy solutions. Hard money lenders are popular, reasonable choices, and they tend to have fewer qualification requirements upfront. However, be sure to strategically choose a hard money lender to find the best possible fit.

Master the Art of Finding Good Deals

There may be hundreds of thousands of available properties for sale on the current market, but the bulk of them will never amount to the final money-making result you desire. Another great tip for new real estate investors is to use good math to estimate profit. Taking risks is part of the process, but you have the ability to analyze properties and use networking sources to find the greatest deal. You can't win every deal, but you can steadily work towards a thriving financial future.