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One of the most common New Year's resolutions is to lose weight and get fit. Joining a gym is a step in the right direction.

But not all membership contracts are created equal.

When signing up for a gym membership, make sure your finances stay in shape too.

First off, factor new gym costs into your personal budget.

UNLV student Michelle said she's very conscious of that, "I've been contemplating going to a gym closer to my home, but I'm a little nervous because of all that."

What are the concerns? You'll likely have to pay a first-time membership fee up front, in addition to monthly fees.

Additional lessons or classes, and things like pool or tennis usage, may not be included in that base charge.

Many clubs offer New Year specials aimed at new members, and may ask you to sign a contract on the spot. Take it home and read it instead, to make sure you understand what you're paying for.

The Better Business Bureau said key membership details include the length of the contract, and whether there's an automatic renewal, as well as cancellation terms.

If you move, get injured or the fitness club changes hands, will you still be obligated to pay?

Many gyms offer low introductory fees that increase after three, six or 12 months.

Don't make a financial commitment to the gym without visiting first. You'll want to see how crowded it gets at peak workout times, and that is has the right amenities.

And of course, where ever you decide to work out, the key is to stay motivated.