Active Hobbies and Costs

8 years ago Yorkshire Bank  were worried that we spend too much money  on our hobbies. That is a bit rich coming from a bank then owned by the Aussies National Bank. Within months Yorkshire bank with Clydedale were divested to CYBG plc only to then be taken over by Virgin money. They should have ‘stuck to their knitting’.

From 2015 figures and statistics they came up with the following list of hobbies, annual costs and number of active participants. Knitting was excluded.

Golf 1,457,347 £755
Gym (incl. exercise bikes/rowing machines) 4,722,762 £480
Tennis 874,040 £385
Badminton 900,332 £365
Cycling (mod intensity 30 + mins) 3,175,650 £330
Swimming 5,625,539 £176
Fishing 281,083 £148
Football 2,910,684 £88.95
Running 1,872,819 £70
Walking (mod intensity 30+ mins) 8,142,693 £0
Average Cost £279.79

No mention of cricket, bowls, field sports, rugby, bouldering, table tennis, netball, fell running, sky diving or other Yorkshire based activities.
Fishing numbers seem too low and at the risk of offending many fishermen they are hardly very active. Yorkshire Bank must be thinking of the River bank.
Thank goodness shopping isn’t on the list of hobbies, I am sure it costs me most and I cut up her M&S credit card a long time ago.

‘Yorkshire Bank’s top tips for saving money from your hobby:

1. Calculate how much your hobby is costing you every month – make sure this figure covers all your costs and use it in your household budget (but it won’t save owt)
2. Budget, budget, budget – include your hobby costs in your household budget to ensure you don’t have any nasty surprises at the end of the month. By writing down exactly what you are spending your money on, you might be able to cut down on things that are less important to you than your hobby (but it will probably save you nowt)
3. Assess the equipment you currently own – do you really need it all? Selling any surplus on the internet or trading it in for money off new kit could significantly cut your costs (or sell someone else’s equipment instead)
4. Shop around – if you hobby requires a particular venue or specific kit, make sure you have researched all the options and are sure you have the best deal before parting with your cash (play golf at the crack of dawn before the green keepers are awake).
5. Make ‘hobby’ buddies – club together with friends who share your passion and spilt the cost of everything from venue hire and membership fees to petrol and equipment. ( or better still find a rich buddy)’.

Do not forget, in competitive hobbies, it is not the winning that counts but how much you drink afterwards. (Or what happens in corporate takeovers.)
What do fish and women have in common? They both stop shaking their tail after you catch them.
The biggest fish ever caught in Yorkshire was 16 inches – Hmm not very big – well that was between the eyes.

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