{"id":18285,"date":"2024-02-09T15:55:52","date_gmt":"2024-02-09T15:55:52","guid":{"rendered":"https:\/\/www.webmonkey.com\/healthywage-review-can-you-actually-get-paid-to-lose-weight\/"},"modified":"2024-09-20T16:03:09","modified_gmt":"2024-09-20T16:03:09","slug":"healthywage-review","status":"publish","type":"post","link":"https:\/\/www.webmonkey.com\/healthywage-review\/","title":{"rendered":"HealthyWage Review – Can You Actually Get Paid To Lose Weight?"},"content":{"rendered":"
Losing weight or living an active lifestyle is challenging sometimes. Between working an office job, aging, and finding time to exercise, it can be tricky to find enough energy to stay physically active.<\/p>\n
Additionally, according to researchers at Harvard, losing weight is an biological uphill battle. The human body adapts to weight loss by lowering its metabolic rate, which certainly doesn't help anyone in their mission to lose weight.<\/p>\n
Now, I've covered various apps that pay you to exercise<\/a> before for a few reasons. Firstly, I think apps that encourage us to stay active and get extra steps are fun and healthy. Secondly, I'm just a sucker for any type of passive income app<\/a>.<\/p>\n So, when I stumbled across HealthyWage, another app that pays users to lose weight, I was immediately intrigued.<\/p>\n If you want to get paid to lose weight<\/a> and make a lifestyle change for the better, be sure to read my HealthyWage review until the end!<\/p>\n HealthyWage<\/a><\/strong> is a platform that encourages users to improve their fitness and reach their weight loss goals by including financial incentives in the equation.<\/p>\n <\/p>\n On HealthyWage, users work as individuals or part of a team to reach their overall weight loss goal. If users complete their goal, they earn cash. If they fail, they lose the money they staked. It is as simple as that.<\/p>\n People are free to lose weight using whatever strategy or diet they desire, and HealthyWage is\u00a0not\u00a0<\/em>a coaching platform or fitness guide. Rather, HealthWage works by adding a financial stake to weight loss, and there is certainly the potential to make some money.<\/p>\n In fact, the maximum prize amount on HealthyWage is $10,000<\/strong>, so this company isn't playing around.<\/p>\n In a nutshell, HealthWage works in 4 simple steps:<\/p>\n <\/p>\n Time to break down each of these steps in a little more detail!<\/p>\n The first step in using HealthyWage involves outlining your weight loss goal, time-frame, and how much money you want to contribute each week to your mission.<\/p>\n There are 2 main rules to know about HealthyWage:<\/p>\n You also have a minimum of 6 months and a maximum of 18 months to lose all the weight.<\/p>\n <\/p>\n In this example, I added 10lbs more, 6 months, and an extra $15 per month for the bet. This increased the prize range quite considerably.<\/p>\n So, why the range?<\/p>\n Well, HealthWage calculates cash prizes based on several factors.<\/p>\n According to HealthyWage's FAQ, the algorithm takes several factors into account, including:<\/p>\n HealthyWage changes their algorithm frequently. However, once you make your bet, the prize amount is guaranteed.<\/p>\n \ud83d\udc49 Try HealthyWage's Calculator!<\/strong><\/a><\/p>\n Once you've decided on your weight loss goal, time-frame, and financial backing, you enter your stats to allow the algorithm to calculate your prize.<\/p>\n Specifically, users provide:<\/p>\n HealthyWage spits out a prize amount after you're finished the short survey. Users can then make their bet or tweak their goal to be more or less aggressive.<\/p>\n <\/p>\n As you can see, this theoretical bet doesn't break the bank. However, 11% is an awesome return. Plus, the point of HealthyWage is to encourage people to bet more money to win more because this is the only way to force people to have skin in the game.<\/p>\n This is the stage where it all counts. If you're serious about using HealthyWage, you have to enter your payment information and bet.<\/p>\n Users can pay their HealthyWage bet through monthly installments or all at once.<\/p>\n <\/p>\n You verify your weight twice with HealthyWage; once at the start of the bet, and once at the end of the competition.<\/p>\n You can verify your weight in two ways:<\/p>\n You don't need any special scale or camera to get the job done. A basic scale and your smartphone works.<\/p>\n If you meet your weight loss goal by your second weight verification, you win. It's as simple as that.<\/p>\n You can actually submit your second weight verification within the last 2 weeks of your time-frame, so there is some wiggle room if you finish early.<\/p>\n HealthyWage pays via PayPal or check. PayPal payments process is 2-5 days. Check payments process in 1-3 weeks.<\/p>\n You technically win HealthyWage points for completing challenges, but these are redeemable for cash or as entry money for other challenges.<\/p>\n You don't just have to bet on yourself to lose weight with HealthyWage. There are several other exciting ways to wager and win, many of which involve team members!<\/p>\n In fact, you can join up to 10 HealthyWage challenges simultaneously, meaning your weight loss effort can help you earn even more. Checkout the HealthyWage Directory<\/a> for a list of ongoing challenges.<\/p>\n HealthyWage's team challenges are the most exciting aspect of this platform as they allow teams of 5 to compete for up to $10,000 in prize money.<\/p>\n <\/p>\n HealthyWage team challenges are simple:<\/p>\n The fact that you can recoup your $100 entry fee for being consistent with your weight loss is pretty awesome. You don't have to even be the top team to win some prize money, so this is a relatively low-risk way to get paid to lose weight.<\/p>\n Besides, if you are the best team, the rewards are nice. Just check out these HealthyWage winners!<\/p>\n <\/p>\n HealthyWage runs step-based challenges in addition to weight loss challenges. If you're intimidated by taking on a specific weight loss target, this is a great way to still motivate yourself to become more active. Plus, there's still the potential to earn some cash.<\/p>\n <\/p>\n Step Challenges have simple rules:<\/p>\n Android users can connect with Garmin, Google Fit, or a FitBit. IOS users can also use Garmin, FitBit, or Apple Health.<\/p>\n HealthyWage runs personal jackpot challenges alongside other competitions. Again, this is a less intense version of a personal weight loss challenge.<\/p>\n <\/p>\n As you can see, these 3 Personal Jackpot challenges all have pots of several thousand dollars. Plus, these challenges only cost $60 to enter and have a lower weight loss target.<\/p>\n HealthyWage offers a corporate-facing side of their platform in addition to personal jackpots and team challenges.<\/p>\n If you participate in a HealthyWage challenge through your employer, your registration fees can be completely waived. This is because HealthyWage works with corporate clients looking to promote healthy lifestyles for their employees.<\/p>\n If you work for a company that has an on-going health and wellness program, you might be able to start a HealthyWage challenge with your fellow coworkers!<\/p>\n If you decide to try out HealthyWage, it's important to understand how this company operates financially before deciding to pledge your money.<\/p>\n In all honesty, HealthyWage sounds like a predatory company at first glance. It\u2019s easy to think of this platform as being nothing more than a way to take advantage of people struggling with their weight.<\/p>\n However, while users who fail to complete their weight loss goals lose their bets, this is not <\/em>HealthyWage\u2019s primary source of income.<\/p>\n HealthyWage earns money from government grants and corporate sponsors that are interested in tackling weight loss. This company wants <\/em>users to successfully lose weight because that shows proof of concept. Betting is simply a way to force people to care.<\/p>\n The question is, does this method of financial reinforcement even work?<\/p>\n In terms of science, using financial incentives to encourage weight loss has some pros and cons.<\/p>\n Research from the Journal of Economic Perspectives<\/a> shows that financial incentives can be effective to encourage people to study or exercise more. However, this is not always a long-term solution.<\/p>\n The trouble with financial incentives is that they are almost always temporary. According to the same article “…incentives might have the desired effects in the short term, but they still weaken intrinsic motivation. Thus, once the incentives are removed, people may pursue the desired outcome less eagerly.”<\/p>\n So, don't think of HealthyWage as a one-stop solution for living a healthy lifestyle. This platform is great for getting the ball rolling, but it is important to rely on other resources, such as HealthyWage coaching or other nutritional guides, to build lasting habits.<\/p>\n Alright, time to tackle the most important question: does HealthyWage actually pay?<\/p>\n For starters, you can checkout other HealthyWage reviews<\/a> on the official website. There's an impressive array of testimonials and success stories<\/a> from top earners.<\/p>\n <\/p>\n Press coverage of HealthyWage is also quite positive. This app has been featured on CNN, the Washington Post, Fox News, ABC, and plenty of other media outlets across the world.<\/p>\n Additionally, HealthyWage has between a 4.5+ star review on both the Google PlayStore and IOS App Store, with over 12,000 combined reviews.<\/p>\n This is a strong sign that this company is legitimate. But, what do actual HealthyWage users say?<\/p>\n A quick Google search of other reviews brings up plenty of Reddit threads. I love using Reddit to get a true sense of how lucrative various apps can be. Thankfully, the Reddit vibe is also fairly positive for HealthyWage.<\/p>\n As this user explains in this thread<\/a>, HealthyWage provides a reasonable return\u00a0and\u00a0<\/em>some much-needed motivation.<\/p>\n <\/p>\n Another thread<\/a> shows that again, the added motivation from HealthyWage is the main attraction:<\/p>\n <\/p>\n Of course, there are people who dislike HealthyWage or prefer other apps like HealthyWage. The most common complaint is that weight loss is a tough enough process without having to worry about possible financial loss. Users also worry about the possible health effects of extreme weight loss.<\/p>\n <\/p>\n In terms of apps like HealthyWage, the most popular alternative is Dietbet<\/a>, which works on a very similar premise.<\/p>\n <\/p>\n The main difference between HealthyWage and Dietbet is time-frame and weight loss targets. Dietbet offers monthly challenges with a goal of just 4% body weight loss. Dietbet also allows users to make their own challenges with friends.<\/p>\n
\nWhat Is HealthyWage?<\/strong><\/h2>\n
How Does HealthyWage Work?<\/strong><\/h2>\n
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The HealthyWage Calculator<\/strong><\/h3>\n
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Enter Your Stats<\/strong><\/h3>\n
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Make The Bet<\/strong><\/h3>\n
Verify Your Weight<\/strong><\/h3>\n
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Lose Weight & Win<\/strong><\/h3>\n
Other Ways To Make Money With HealthyWage<\/strong><\/h2>\n
Team Challenges<\/strong><\/h3>\n
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HealthyWage Step Challenge<\/strong><\/h3>\n
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Personal Jackpots<\/strong><\/h3>\n
Corporate Challenges<\/strong><\/h3>\n
How Does HealthyWage Make Money?<\/strong><\/h2>\n
The Psychology Behind Financial Incentives<\/strong><\/h3>\n
Is HealthyWage Legit?<\/strong><\/h2>\n
Real HealthyWage Reviews – What Users Say<\/strong><\/h3>\n
HealthyWage Vs. Dietbet<\/strong><\/h2>\n