My husband and I purchased a very nice home gym and treadmill about 6 months ago. At first, it was hard to find the motivation to use it (I always enjoyed the gym atmosphere). We were both avid gym goers for almost 10 years before deciding to stop wasting our money, and put a years worth of membership fees to setting up our home gym.
There are good and bad points to both the gym and a home gym, you just have to decide what works best for you. I'd still prefer the variety the gym has to offer, however given that I have a 2 year old son, being able to work out at home is more practical.
Overall, you just need to decide what you want in a gym/home gym, your motivation level, and any other factors that may sway you one way or another (kids, working hours, space at home, etc).
As far as the money is concerned, we pretty much splurged on a nice home gym that would suit our needs. Depending on your personal situation, this may be much more (or much less) than you need. We also decided to purchase a good quality treadmill (I am an avid distance runner).
We did need a few things to supplement our setup, just to make sure we had a well rounded gym to suit our needs, but we found additional stuff second hand for a really good price.
I'll say it one more time......what you do depends on your personal situation. For some people, a few free weights and a workout video is all they need. For others, more is required. There is working out for general fitness, then there is seriously training. What category do you fall in to>
Vegetarian since 1/4/2010
Did you know that 1 in 100 babies are born with a congenital heart defect? Mine was 1 in 100.....proud mom to the strongest kid I know!!