Comments on: How I Will Earn $1000 by Losing Weight

By: If You Pay For It, Will You Do It? : Yielding Wealth - Personal Finance Tips – Money Management Advice

Mon, 12 Oct 2009 18:48:38 +0000

[...] about money as a motivator a lot lately. PF Firewall wrote a post recently about a site that is providing a cash incentive for those who are obese to lose within in a year. It’s an interesting concept. I don’t qualify because, though I am not overjoyed with [...]

By: Jesse Michelsen

Jesse Michelsen — Sun, 11 Oct 2009 06:41:20 +0000

My wife and I are both doing the program now and it is really motivational to see others joining as well. Thanks for your comment.

By: NutriSystem Food

NutriSystem Food — Sun, 11 Oct 2009 02:25:59 +0000

It is really a good idea to lose weight since now I am more motivated to lose my weight which is quite easy. Thanks for such a good idea.

By: Weekly Links: 10/10/9 With Random Knowledge

Weekly Links: 10/10/9 With Random Knowledge — Sat, 10 Oct 2009 11:35:41 +0000

[...] PF Firewall-How I Will Earn $1000 by Losing Weight [...]

By: Jesse Michelsen

Jesse Michelsen — Wed, 07 Oct 2009 20:17:09 +0000

No prob Paul and thanks for stopping by!

I’m glad I found this as well. I have been teetering back and forth on my exercises and just needed some extra motivation to get me to stick with it. I am happy to say that I used our treadmill at home for almost an hour. Just a powerwalk but its better than sitting on my butt and wishing I was thinner.

I think the extra fear motivation will do me good on top of the cash. We’ll see in a year I guess

By: Paul @ FiscalGeek

Paul @ FiscalGeek — Wed, 07 Oct 2009 17:47:52 +0000

Thanks for making me aware of this, I had already kicked off a biggest loser contest at work, this will go along nicely. Although me at 205lbs being 6′4″ sounds pretty dang skinny, I was at 207 in 2005, it would be nice to be back there again. I’m going to hold off on giving them $200 of my money but will definitely take them up on the offer to give me money.
Paul @ FiscalGeek´s last blog ..Layaway: a Formal Delayed Gratification Program?

By: Jesse Michelsen

Jesse Michelsen — Wed, 07 Oct 2009 17:11:18 +0000

Their FAQ explains how they fund it. There are corporate sponsors that are in the health industry and concerned with national health, and there are sponsors and products that HealthyWage promotes as well. They also keep all the money from people that invest but fail the challenge.

The thing is, on a weight rollercoaster like I have been on since…forever, it’s really hard to get started again, and once I start feeling good and healthy, I continue for some time..and then something happens that causes me to slip back into the red zone, but the money could help me get motivated initially and then the actual health will keep me going. Because the challenge is a year long, that’s a good enough amount of time to create good, long lasting habits.

Some people just need that extra push and $1000 plus saving on food is quite the push.

By: Craig

Craig — Wed, 07 Oct 2009 16:43:38 +0000

Think that’s a great idea, not sure how they fund it. But is money motivation enough to lose weight? I think losing weight and being healthy should be enough in itself. I could see you saving more money in the fact that you will eat less, most likely have less doctor appointments or health issues.