Sunk costs

Just Ask Jenna Looks At Gym Memberships

Dear Jenna, I have had the same gym membership for years, but I hardly ever go anymore. I feel strange canceling it because I already spent so much money on it over time. Should I keep it or finally let it go? From, Wondering What’s Worth It. Dear Wondering What’s Worth It, This is a great question. A gym membership can feel like something you should hold onto because it has been a part of your routine for so long. When you used it often, it made sense. But now that you don’t really go anymore, your needs are different. ….[READ]