3 Ways to Get Paid to Lose Weight in 2019

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Is one of your New Year’s resolutions to lose weight? What if I was to tell you that there are ways to get paid to lose weight? That sure makes the topic a bit more interesting, doesn’t it!

But it might seem too good to be true. Who would pay you to lose weight? The truth is there are a few ways you can get paid to lose weight. We’re going to highlight three of them for you today.

Read on to see if you can use one or more of these ways as a springboard for your weight loss goals.

Best Options to Make Money Losing Weight

Three of our favorite ways to make money losing weight are listed below. Each of the choices works a bit differently. Read them over and see if one or more might be right for helping you lose weight.

1. Healthy Wage

Healthy Wage launched a health and wellness company in 2009. Their goal? To make weight loss and fitness more fun and effective. You bet money on your weight loss and fitness results and win or lose depending on those results.

And we’re not talking small potatoes for cash prizes here. Healthy Wage’s top cash prize is an attractive $10,000.

Healthy Wage works with both companies and individuals. For example, the company you work for might set up a company-wide event. Employees can choose to participate and compete for the best results.

However, you can participate in what’s called a public challenge too. These challenges aren’t limited to corporate employee participation. Anyone can sign up and join in the fun.

Healthy Wage has many different types of challenges to choose from. Here are some of the kinds of challenges they offer.

Healthy Wage Challenges

With Healthy Wage, you can participate in more than one challenge at a time. Here are some of the challenge options they’re currently offering.

The Healthy Wager Challenge

With this challenge, you choose the number of pounds you want to lose. Also, you select the amount of time you want to lose it in and the monthly wager you wish to place on your results.

There are minimums with this program. The minimum amount of time you can participate in is six months. And the minimum number of dollars you can contribute over those six months is $100.

First, you input your challenge numbers into Healthy Wage’s calculator. When you do that, it’ll give you an estimate of your potential winnings. The calculator lets you run experiments so you can find the right challenge and bet for you.

For example, when I visited the site, I entered in that I wanted to lose 30 pounds over nine months. I also entered that I would wager $50 a month on that goal.

The Healthy Wage website estimated my earnings as between $1390 and $1623 if I were to meet my goal of losing 30 pounds. Then after you share your email address with the site, they will give you your exact prize amount.

Once you place your bet, the prize amount is locked in. To win the prize, you must meet or exceed your goal by the end of the last day of the challenge. If you lose the weight early, you must maintain it.

But if you don’t meet your goal, you forfeit your contributions and any prize money.

The Healthy Wager Team Challenge

You can also participate in the Healthy Wager Team Challenge. For this challenge, you need to have a team of five. You can ask family members, friends or co-workers to participate.

This is a three-month challenge, and each person contributes $99 over three months ($33 per month). The payout is a hefty $10,000.

At the end of the three months, the team that has the greatest percentage of weight loss wins the $10,000 prize.

Personal Jackpots

Also, Healthy Wage has various Personal Jackpots going on at any given time. With the Personal Jackpots, your goal is to attain a 6% weight loss in three months.

All Personal Jackpot winners get paid with a split of the pot. The website shows you the pot amount before you sign up.

Step Challenges

Healthy Wage also has Step Challenges. With these challenges, you increase your daily walking steps and win cash. See personal challenge details on the website for more information.

Also, the home page of the Healthy Wage website has details for any other challenges that they might add.

Additional Details

For all of the challenges, you need to weigh in to verify how much you weigh. So you’ll need to get your weight verified twice; once at the beginning of your program and once at the end. But the weigh-in is super easy — you have two options:

  1. Download their mobile app (after you register). Then follow the simple, on-screen instructions to let one of their referees remotely witness your weigh-in [takes about two minutes].
    OR
  2. Make a short weigh-in video that you upload securely to their website.

You don’t need any special equipment for either method other than a smartphone and a scale.

Also, Healthy Wage has a referral program. You get a reward for each referral you send that signs up for the program. Healthy Wage will add $40 to your cash prize jackpot for each person you refer (and that signs up) to the program.

However, note that if you don’t win your challenge, you won’t get your referral bonuses.

Healthy Wage is Secure

Healthy Wage uses 256-bit encryption to protect your payment information. This is the same level of security that many big-name banks use. So you can be confident your payment information is safe and secure.

There are other rules as well with the program. See the website for additional information.

Who Can Participate?

Healthy Wage is open to residents of the United States, Canada and Mexico. The program is also open to residents of the United Kingdom, Australia, much of Latin America and most of Europe. See the website for additional details on eligibility.

How Do I Get Paid?

If you win your challenge, you can choose to get paid via your PayPal account or via a check. Should you decide to get paid via check, you’ll get your money in one to three weeks. If you choose PayPal as your payment method, you’ll get paid in two to five days.

Note that you may get charged PayPal fees if you choose to get paid via PayPal.

If you think Healthy Wage might not be the best route for you to help you lose weight, here are some alternatives.  These other options offer ways you can get paid to lose weight too.

2. Achievement

Achievement works differently than Healthy Wage. It’s a fitness app that pays you to track your steps. The app is free, and it will pay you $10 for every 10,000 points you earn. You earn points by taking steps.

Rewards are paid out via bank account deposit or PayPal. It takes roughly three to seven days to get your reward once you’ve made the request.

Achievement has paid out over $500,000 to members to date. There’s no maximum on how much money you can earn with Achievement.

3. DietBet

DietBet works similar to Healthy Wage. They have games – or bets – you can sign up and join in on. Or you can create your own with family and friends. Everyone throws a bit of cash into the pot, and at the end of the challenge, the winner gets the money.

DietBet winners have earned over $62 million to date. They’ve got a variety of games to choose from; starting at four-week long games up to twelve-month long games. Visit their website through the link above for more information.

Summary

According to Healthy Wage, research has shown that cash rewards have increased weight loss success. Also, research shows that people are more effective at losing weight when their own money is on the line.

So if you feel like you need extra motivation to reach your goal of losing weight, think about trying one of the options listed above. Putting money on the line might just give you the motivation you need to make some positive changes to your health.

What do you think of the weight loss concepts we’ve shared? Have you ever tried a pay-to-lose-weight program? If so, did it help motivate you? Feel free to share your thoughts and experiences on our Facebook page.


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22 COMMENTS

22 responses to “3 Ways to Get Paid to Lose Weight in 2019”

  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!

    • Deacon says:

      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. John S @ Frugal Rules says:

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

    • Deacon says:

      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. Pauline says:

    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!

    • Deacon says:

      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.

      • Lyn @ Pretty Frugal says:

        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!

        • Deacon says:

          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. Debt Roundup says:

    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.

    • Deacon says:

      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. Canadian Budget Binder says:

    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!

  6. AverageJoe says:

    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.

    • Deacon says:

      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.

  8. DC @ Young Adult Money says:

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

  9. Martin says:

    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.

    • Deacon says:

      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. Sean says:

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

  11. Luis says:

    I want to do the 5 people in a team.

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