We Tried The Financial Gym and Here's What We Think.

Spoiler Alert. We loved it. To celebrate April’s Financial Literacy month, we tried the much talked about Financial Gym, a “fitness” themed approach to finances. It was created by Shannon McLay, a financial advisor that wanted to make financial advice more accessible and personable (while still achieving #goals).

We scheduled a complimentary kick-off call right on the company’s website where they asked us top-line questions about finances, goals and provides an overview of “the gym”. The people that lead these calls are actually clients of the gym which is a comforting feeling “if they’re advocates, they must be happy with the gym”. They then matched us with a “trainer” that best fits our needs and we couldn’t be happier with Brenda.

The gym has a few membership plans, but we utilized the “spring finances cleaning” deal and it was just $80 per month, for a minimum of three months. You have 3 one hour meetings, a customized plan, plus anytime access to your trainer for questions. Additionally, if you are in NYC, you can take your meetings in person and they have a complimentary schedule of events with a loaded daily calendar for April being that it is literacy month.

Why we loved it:

  • They offer FaceTime or in-person meetings which feels super personal.

  • The kick-off was a full hour FaceTime with Brenda where we went through a detailed look at our finances, accounts, savings, spending and goals.

  • We did our follow-up meeting a week later in person at the gym, a large co-working office and event space that felt inviting with complimentary drinks and snacks.

  • Brenda prepared a personalized report that summarized my savings, spend and goals.

  • She then had a very detailed plan of weekly spend and monthly savings to get to my goal.

  • She points out tons of things that I would not have noticed, for example, in my 401k I had $37k just sitting in cash reserves, not being invested with my other money.

  • She also had great customized ideas on tricks to accomplish your goals such as buying a home, saving for a family, fertility, etc. (you’ll have to join to see that for yourself!)

  • Brenda also provided relevant podcasts and personalized playlist for me which emphasizes their fun take on finances.

We highly recommend joining! Click here for our customized code to join or for more information.

LifestyleJulie Zukof