Friday, Mar 14, 2025

Good idea Terrible implementation

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This is a rewrite of a topic from a while ago. I am now a Senior, and I am having some serious health challenges, due to my laziness. Exercise and your health are a key to your retirement, and your life in general.

Many years ago, I went on a pretty serious exercise regimen. I felt that if I had a stationary exercise bike I’d get significant use out of it. I went off to a large box Exercise Store and bought a $1000 exercise bike. It proved to be one of the dumbest purchases of my monetary career.

It was all-singing, all-dancing, and programmable, with magnetic and other things. The only thing it didn’t do was make me sit on it and force me to exercise. This would have been the best option to get.


The Globe and Mail

I used it for a while, stopped, and then when I returned to it, it was broken. It started working again after a time and then died ultimately (naturally out of the warranty period). Here I sat with $1000 worth of useless exercise equipment (that I had to throw out), and a middle-aged paunch.

My frustration with myself is that I got “sold” something that I knew I didn’t need. All I needed was a generic bike.


Good idea Terrible implementation
The Expensive Bike looked like this (I think)

The best part of the story is that 2 years ago I finally decided to get another stationary exercise bike. I found it on Kajiji, bought it for $100 and it does more than the $1000 carbuncle. I had to drive a long way to get the replacement bike, but I got what I needed. See the Epilogue for more.

Conclusion

I realize that most folks are not too proud of their dumb purchases, but can I ask my readers, what is the most expensive dumb thing that you bought? I am curious to know what folks will admit to, and how much money might be spent on one of these (I feel stupid enough blowing $1000), how big was yours?

Epilogue

This was from many years ago. I never really got back in very good shape and am now paying for my lack of exercise. I will be in rehabilitation for rupturing my patellar tendon for many more months. This might not have happened if I had been in any reasonable shape. Your health is the most essential asset for your retirement, keep that in mind.

The replacement bike eventually broke as well.

The post Good idea Terrible implementation appeared first on Canadian Personal Finance Blog.

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By: bigcajunman
Title: Good idea Terrible implementation
Sourced From: www.canajunfinances.com/2023/10/02/good-idea-well-not-really/?utm_source=rss&utm_medium=rss&utm_campaign=good-idea-well-not-really
Published Date: Mon, 02 Oct 2023 21:56:15 +0000

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