If you have been reading this blog for a while you probably know that I’ve been wanting to lose weight for years, but have never had any success losing weight. I even had a $500 weight loss challenge a few years ago where I promised to give away $500 if I didn’t lose 40 pounds by the end of the year. I didn’t even come close to losing 40 pounds and ended up giving away the $500. Apparently, the fear of losing $500 wasn’t enough to motivate me to lose weight.
Despite my past results I am once again making a bet to motivate myself to lose weight. This time I have upped the ante. Since $500 wasn’t enough to motivate me to lose weight I am now betting $3000 that I will lose 25 pounds in six months. The bet was made with Healthy Wage. I wrote about Healthy Wage a couple years ago. They are a company that allows you to make weight loss bets. If my weight loss bet is a success they will pay me $3600. That would be a profit of $600 for me since the $3000 is just a return of my own money. I’m thinking that the fear of losing money and the reward of winning money will get me to lose weight. Since I had to pay the $3000 upfront I’m also motivated to get my money back.
I’m starting my hike tomorrow which will be my main method for losing weight. I’m thinking that once I have my weight loss jump started by hiking I will be able to continue to lose weight when I return to everyday life. Since I can’t hike forever I do eventually need to get in the habit of eating better and exercising more when I’m at home if I’m going to be successful at losing the weight and keeping it off. I will give updates on my progress (or lack thereof) during the next six months. Check back in six months and hopefully you will be reading a post about me winning this bet.
*** If you are interested in making your own Healthy Wage I’d appreciate it if you would let me refer you to Healthy Wage since I’ll get a $20 bonus for everyone I refer to Healthy Wage. Just leave a comment stating you want a referral email and I’ll send one out as soon as I can. Thanks.