Showing posts with label passions. Show all posts
Showing posts with label passions. Show all posts

Tuesday, December 1, 2009

Balancing Life's Passions and Your Budget

Sometimes the things we love in life can be expensive. Several months ago I started rock climbing and I'm hooked. I love it. I try to climb 2 to 3 times a week but if I'm feeling sore I might take a yoga class instead. This got me thinking about how much I was spending on my new passion in life.

I did a trial membership at the gym to see if I liked it. I decided that while I loved the gym and climbing, taking SF Muni to get there was a huge waste of my time. It would take at least an hour each way to make the three mile trip, which I found to be incredibly aggravating. After trying four different bus lines to get there, each worse then the last, I decided that if I was going to keep climbing I would need to stop renting and buy climbing equipment and also a bike. I loved climbing, so it was an easy decision.

My harness and chalk bag were $85. My beginner shoes which would have cost $65 were a gift, but my next pair will likely cost around $125 and I also got power putty ($10) for hand exercises. My out of pocket expenses for equipment was $95, with another $125 expected sometime next year when my shoes wear out. Then there is the cost of the gym membership - $70 a month.

After a few weeks of looking I bought a bike for $50 (it was by far the best deal on craigslist) and spent another $80 on a helmet, a lock, lights and water bottle for a total of $130 in bike expenses. However, I need to have the shifters replaced which I'm expected to cost another $60 including labor which will bring my bike expenses to $190.

My total costs so far: $95+ $130 = $225 for bike and equipment plus $70 per month and I'm anticipating spending another $60 tonight on bike parts. If I go through a pair of shoes a year, my on going expenses would be $840 +125 = $965 a year with one time equipment costs of roughly $285.

Climbing might be expensive, but it's a conscious expense on something i love and is balanced by being frugal in other areas of my life. I take my lunch to work most days, I use zipcar instead of owning a car in SF, I don't have a fancy new internet phone with an expensive data plan (though I do have unlimited texting) and I spend very little on unnecessary items.

So am I any good at climbing? I'm not great but I'm getting much better. I started climbing about two months ago on routes that were 5.6-5.7 and I'm now climbing 5.10B routes. Now, I just need to build up the skill, strength and stamina to get past the C's...