Monday, August 18, 2014

Lose Weight or Lose Money!

 Money is always a good motivating factor. Research has shown that money rewards and incentives can help people keep on a healthy lifestyle. A study conducted by the Mayo Clinic gave participants $20 every month if they lost 4 pounds. If they did not lose the 4 pounds they would then have to pay $20. These people lost 7 more pounds in a year than people who did not have the money incentive.  There are new websites and apps that are using this motivation to help people lose weight.

Pact is an app for your phone. The app is free and will pay you to hit all your fitness targets. Where does the money come from? Well, it comes from members who do not meet their goals and have to pay $5.00 a week. The concept is simple. You set your weekly goals for exercise and food and then make a 'pact' to keep these goals. Throughout the week you check in at the gym (gps will verify that you really are there and for how long!) you log in the food you eat. You even take photos of fruits and veggies that you consume to prove you are consuming them! Meet your goals and earn $5.00. Don't meet your goals and pay $5.00. This app sounds motivating and also time consuming!

Healthywage.com is a place that sounds like Las Vegas for weight loss. When you sign up, you set up how much you want to lose and in what amount of time. Then you place your bet. For instance you want to lose 60 pounds in 6 months and you bet $300.00. Then you have the 6 months to lose the weight. If you meet this goal you win! If you don't then you pay them the $300.00. This program can be done individually or as a group.

Would you try a program like this? 
Are these type of money incentive programs a great way to help people with weight loss? 
Or they just a scam to take people's money? 

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