Get paid to lose weight. Yes, you did just read that. Where? how? how much? Sign me up, right?
I’m always amazed at all the different medical studies that are done each year. Apparently a new study has shown to prove that people with incentives or disincentives to lose weight, actually do and they keep it off. How much money? Well according to the study performed, it doesn’t take a huge amount to motivated people. Some participants lost weight with only $20 per month on the line.
What the study concluded is that it really wasn’t about the money, it was about the accountability. So, if you think that you have to pay some money for not hitting your goal or if you are going to get some money for hitting your goal, then you are much more likely to stay on target with your weight loss goals. I guess that’s why show’s like “The Biggest Loser” work. I believe the winner gets a pretty nice chunk of money at the end. Probably makes sense as well why Jarred form Subway kept his weight off.
Many companies are now offering incentivized weight loss programs. Whether it be a contest including a group of people or incentives for individual progress, there’s plenty of upside to these cash rewards.
So, what can you do? Start your own weight loss club with a group of friends, coworkers, or family members. Set weight loss goals for the group. If it’s a contest for the whole group then you’ll want to measure by percentage of weight loss versus actual weight loss due to everyone being a different weight.
Come up with a monetary reward, tracking system, and deadline. Have everyone pitch in to the pot and either reward the whole pot to the overall winner or give a majority percentage to the overall winner and perhaps a smaller percentage to 2nd and 3rd place.
Give it a shot and see how well you can drop some pounds and keep them off!
Here’s to Your Health
Dr. K Bennett