Would you believe that the secret to weight loss could be as simple as placing a bet? That’s because a company called Healthy Wage will pay you triple your wager if you lose an agreed amount of weight by a certain date. On the flip side, if you don’t lose the weight, you lose the cash!
Here’s how it works: You simply log onto the website, and indicate how much you plan to lose, like 30 pounds in 6 months. Your weight is recorded at the beginning and end of the 6 months at your local health club. If you reach your goal, you can collect your winnings.
And researchers say this tactic works!
Dr. Kevin Volpp is an expert in behavioral economics at the University of Pennsylvania’s Wharton School. He says humans are wired to focus on immediate gratification instead of delayed benefits. That’s why a lot of dieters fall off the bandwagon, because if they’re tempted to eat whatever looks or smells delicious at the moment, they’ll worry later about what the calories will do to their waistline. But studies show that the moment your money is at stake, you’re dramatically more motivated to stick with your goal.
The founder of Healthy Wage website says that 1 in 4 bettors end up winning.
If you’d like to place your own weight loss bet, check out the site HealthyWage.com.
Personal Eco-concierges Saving the environment just got easier, thanks to “personal eco-concierges.”… Health Concerns for Frequent Travelers Are you a frequent business traveler? Traveling for work may be good for your career, but it can be … DUIs From Prescription Drugs DUIs aren’t just for driving under the influence of alcohol or illegal drugs anymore.… Watch Out For Tapeworms in Fish! Hey, what’s for dinner tonight? Is it salmon? Sushi? Or tapeworm?… Quiz Time: Which Will Make You Sick? Here’s a little quiz – which of these things is likely to make you sick?… Skip the Gym, Go to Church Want to get healthy? Skip the gym, and head to church. Churches everywhere are launching get-healthy… Nurse Navigators Help Cancer Patients Through Diagnosis, Fears and Maze Of Treatment Options What’s the latest trend in cancer treatment? Nurse-Navigator. Hospital staffers who help steer patie… Making A Long Commute Less Stressful Over three million people spend at least an hour commuting to work and experts say that such a long … Food Fight: The Real Nutritional Champs It’s time for a food fight! That’s when we pit foods head to head to see which comes out as the nutr… The Depression Cure There’s a reason why people in the poorest countries have a lower risk of depression. It’s because d… Young Athletes Suffer the Most From Concussions Concussions are dangerous for everybody, but they’re especially dangerous for young athletes.… Finding Balance in Life and Work According to the Society for Human Resource Management, 90- percent of us say we want to spend more … Whiten Your Teeth While You Eat Did you know you can eat your way to a whiter smile? Here’s a list of foods that’ll help whiten your… You Eat Right and Get Plenty of Rest, Why Are You Still Tired? One of the most common emails we get goes something like this: “I get plenty of sleep and eat right,… Losing Weight & Making Extra Cash Would you believe that the secret to weight loss could be as simple as placing a bet? …
Third Hand Smoke is Dangerous Does Heart Disease Run in Your Family? The Benefits Of Drinking Green Tea Green tea contains powerful antioxidants and is good for your heart.… Two 60-Second Self-Health Checks Gingivitis can release harmful chemicals in to your blood stream and… Would You Know If You Had a Heart Volunteering Boosts Your Health Did you know that volunteering helps to lower your chance of developing heart disease? Well here's h… Dancing is Good for Your Brain & Burns DON'T Make These Mistakes After You Get You Are What You Watch Lose Those Love Handles The Dangers of Creatine How Loud is TOO Loud? A noisy workplace can triple our chance of a a serious heart problem by causing stress and a buildup… Dangerous New Party Drugs Beware of Portion Sizes 1/3 of North Americans are obese due to expanding portion sizes.… Things You Need To Know About Your Car Insurance Did you know you should carry more than the minimum required? Here's why!…