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22 Comments

  1. That challenge seems awesome. I just need to lose a few pounds I picked up over the holidays…definitely not 10%. Still, I think that money is a great motivator for people!

    • Money is a great motivator. I joined a competition last fall where the reward was lunch. That wasn’t as motivating as $150, that is for sure.

  2. It sounds like an awesome idea. I definitely have some that I could lose, I’ll have to check it out.

    • It is an awesome idea, one that I thought, “Why didn’t I think of that?” I wish you the best in achieving your fitness goals!

  3. If nothing else, money can motivate people! There is another app that pays you to go to the gym, or fines you for not going. Good luck with your weight loss!

    • Pauline, thanks for the heads up on the App. I will have to check it out. I am not sure I am a fan of paying “Fines” for not working out, but I guess that is supposed to motivate me not to be lazy. I would have a love/hate relationship with that App.

      • I am that app, Gym-pact. You earn about $.40 in average per workout (over 30 minutes) you commit to. If you miss one, you are fined $5 for each missed workout. Nice if you can make sure you get to the gym, a total bummer if you have an unexpectedly busy week! It also works with RunKeeper so you can use it outside of the gym.

        I definitely have a love/hate relationship with it, but haven’t been fined yet!

        • You haven’t been fined yet? That is impressive. Thanks for throwing the name of the App out there, that is helpful. I will check it out!

  4. Interesting. I need to lose some weight, but not 10% either. I am looking to lose weight, so I will be in a better group for life insurance premiums. Since my son was just born, I need to up my life insurance, but I need to have a physical. If I drop the pounds, then I will be good.

    • That is one thing about the challenge, you need to have 10% to lose. I am fortunate, if that is what you would call it, to have that amount of pounds to drop. Glad to hear you are planning to increase your life insurance because you had a kid. It is so important to plan for taking care of your family financially in the off chance that something would happen to you.

  5. A challenge to lose weight and win money.. I think that anyone that needs the motivation of a challenge should take it on. You only live once and keeping yourself healthy and fit, well you can’t put a number on that. Good Luck Mate!

    • Thanks Mr. CBB! It is a no-brainer if you have the weight to lose.

  6. I’m curious if they’ll make or lose money on this? It seems like a money-making dream. So many people start this kind of thing and then peter out when it gets difficult.

    • I wondered that myself. They say that they receive corporate sponsorship’s, so perhaps they rake the dough in that way as well.

  7. That is an great challenge. I could lose a few pounds but not 10%. That other app sounds kind of fun though. Good luck with your goals.

    • Thanks Kim!

  8. Definitely a cool idea, but unfortunately (or fortunately?) I am trying to gain weight, if anything.

    • I would say you are fortunate DC. It is easier to gain weight than to lose it. 🙂

  9. Deacon, that looks like an interesting way to make some cash. I assume, if you do not lose weight, you lose your investment, right? I think I will give it a shot.

    • That is correct. If you don’t lose the 10%, you will lose the $150. It is very motivating for me because I hate losing money.

  10. This seems like a great idea! For an overweight person like me, it’s like hitting two birds with one stone!

  11. I want to do the 5 people in a team.

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