It is no secret that losing weight can be a challenge. If you find it difficult to stay on track with achieving your weight loss goals, HealthyWage can help.
HealthyWage will give your motivation a boost by throwing a financial reward into the mix. If you want to get paid to lose weight, then this HealthyWage review will help you determine if the platform is right for you.
HealthyWage can boost your motivation to lose weight. Take the bet on yourself and cash in when you reach your goal.
- Financial incentive
- Earning potential
- New twist on weight loss
- May lose money
- Minimum requirements
- Pressure to lose weight
What is HealthyWage?
HealthyWage is an app that will help you tackle your weight loss goals. It is designed to provide extra motivation through the use of monetary bets to encourage you to lose weight.
With financial incentives and a little healthy peer pressure, you might find that your drive to lose weight sticks around for more than a few days.
If you have a competitive streak or cannot stand the thought of losing a bet, then HealthyWage can help you lose weight and earn cash.
Who is HealthyWage For?
HealthyWage can be a great app for people who need a little extra motivation on their weight loss journey.
Many people have started diets that they only end up sticking with for a few days.
By the third day, you might get tired of skipping your favorite snack foods and revert to your old ways without making any lasting change to your weight.
When there’s money on the line, you might be more inclined to stick to your diet. If you struggle to stay on track with your dieting goals, HealthyWage could be the tool you need.
Although the possibility of losing money exists with HealthyWage, you’ll have the opportunity to make progress towards your weight loss goals with the possibility of profit.
Ask yourself if getting paid to lose weight would be a motivating factor to keep your weight loss goals on track. If the answer is yes, then you should consider giving HealthyWage a try.
How Does HealthyWage Work?
Getting paid to lose weight might sound too good to be true. With HealthyWage, it’s not. You just have to reach your goals.
But how does the magic happen?
Here’s how it works.
Use the Prize Calculator
The prize calculator helps you explore the opportunity for winnings. You’ll enter the number of pounds you want to lose and the timeframe you are committed to.
Plus, you’ll share how much you are willing to bet per month.
HealthyWage will show you how much you could win with your bet. While you are using the prize calculator, feel free to play around. See how much you could win based on the variables.
It’s important to note that there are rules to follow. For example, your weight loss goal must be at least 10% of your body weight, and the weight loss time frame must be within six to 18 months.
Provide Your Information
This is where things get serious. HealthyWage will ask for your gender, height, weight and waist size.
Don’t think about bumping up your current weight since you’ll have to verify it later.
Make an Account
At this point, you’ll need to create an account with an email and password to move forward.
HealthyWage will then show you exactly how much you could earn if you take the bet.
Take the Bet
After creating your account, you’ll need to decide whether or not you want to move forward. If you decide to take the bet, HealthyWage will ask for your credit card.
You’ll have the option to place your entire bet at once or make monthly payments throughout the challenge.
Verify Your Weight
When the challenge starts, HealthyWage will require you to verify your weight.
You can do this by remotely showing your weigh-in to a HealthyWage referee through the app or making a video of your weigh-in and upload it to the HealthyWage site.
Either way, you only need a smartphone and a scale for this step.
Lose the Weight
You’ll have the entire duration of the challenge to lose weight. HealthyWage will not track your progress along the way.
At the end of the challenge, HealthyWage will verify your weight. If you reach your goal, you’ll receive your payment. If not, you will lose the money you bet.
HealthyWage is fairly straightforward to use. But there are some unique ways that you can add to your bets.
Here are the features offered by HealthyWage.
The app lets you participate in up to 10 challenges at once. These challenges allow you to increase your earning potential for the same pounds lost.
There are three types of challenges, including:
You can participate in this challenge as an individual. The money you bet will go into a pot.
If you lose 6% of your body weight, then you split the jackpot with everyone else who reached their goal.
Have a step counter handy? Then you can complete step challenges. The goal is for your team to reach one million steps in 100 days or 300,000 steps for 30-day challenges.
If you don’t have a team, that’s fine. You can email HealthyWage to get matched with a team. This is similar to Sweatcoin step challenge.
$10,000 Team Challenge
To participate in the $10,000 Team Challenge, you’ll need to put together a team of five people. The team with the greatest percentage of weight loss at the end of the challenge wins the top prize of $10,000.
Companies and organizations can work with HealthyWage to encourage their employees to take better care of themselves. The app works with companies of all sizes.
Buy More Time Options
Are you close to your goal but need more time? You can buy more by adding six additional months to your challenge.
However, you’ll also have to make six more payments. Take that into consideration before you add time to your challenge.
You can boost your total prize amount using HealthyWage’s referral program. This program adds an extra $40 to your prize for each friend who makes a wager through your link.
Furthermore, for any friend who makes a bet through your link within the first 10 days of your challenge, you can get $100 added to your prize total.
Keep in mind that you have to win your bet in order to receive referral rewards. Additionally, you can still receive referral prizes once your bet is over if people continue using your link.
If you win your challenge, you can get paid via check or PayPal. There is a $7 processing fee if you request a check and a 2.9% + 30 cent fee for PayPal payouts.
Depending on how much you win, it might be cheaper to pay the $7 processing fee to receive a check from HealthyWage.
Is HealthyWage Worth It?
HealthyWage provides a fun opportunity to enhance your weight loss journey. Between the money you could win for completing your bet, winning challenges and the referral program, the app could be lucrative.
That said, there is the potential to lose money. The cost could be substantial if you place a large bet.
You’ll find a wide range of success stories on the HealthyWage site. Nevertheless, it’s important to keep in mind that some people lose their bets.
Even if you lose, you might make some progress towards your weight loss goal. Based on your situation, this could be worth the financial loss.
Ultimately, it’s best not to bet money that you cannot afford to lose. However, HealthyWage can be a fun way to challenge yourself if you can afford a reasonable loss.
To improve the odds that HealthyWage will be worth it for you, try to make sure you have:
- A plan to lose weight
- Fitness tracking apps to monitor your progress
- Someone to hold you accountable to your bet
Positives and Negatives
Every app has its advantages and disadvantages. Here’s what you need to know about HealthyWage.
- Financial incentives to lose weight
- Individual and team options
- Multiple ways to win money
- Potential to lose money
- Percentage of body weight requirements
- Takes at least six months to finish a bet
Have questions about HealthyWage? Here are some answers to commonly asked questions.
There is no real catch with HealthyWage.
Yes, you can lose money if you don’t reach your weight loss goal. The good news is that you get to set your own goals and make progress towards them.
No, you cannot cheat HealthyWage. The app will require you to verify your weight at the beginning and end of each challenge. This prevents cheating.
HealthyWage earns money when participants lose their bets. Additionally, it works with companies and organizations to implement wellness programs.
The minimum amount of time that you can place a bet for is six months. If you win the bet, then you can get paid within two to five days via PayPal.
It is worth noting that you’ll be paid in HW points that need to be cashed out. If you don’t cash out within a year of earning the points, the HW points will expire. When this happens, you will not get paid.
Yes, there are other apps similar to HealthyWage that you can use to lose weight. Some of the alternatives include Achievement, DietBet, RunBet and Sweatcoin.
HealthyWage provides an opportunity for you to get paid to lose weight. If you are interested in losing weight but struggle to find the motivation, HealthyWage could be worth the bet.
Better yet, if you are dedicated to losing weight, HealthyWage could provide you with a way to get free money for doing something you were already committed to doing.