Greensboro, NC -- Money is used as a motivator for good grades, increased job status, and now, even to lose weight.
A number of websites allow you to throw down your own cash in hopes of helping you lose weight. But these sites also offer money as an incentive for you to cash-in on your own success.
HealthyWage.com offers weight loss challenges. You bet your own money to make the goal. People who move from an obese BMI over 30 to a normal BMI less than 25 in a year can earn up to $1,000.
DietBet.com lets you get in with betting other people to lose weight. You sign up with another person and take a 28-day challenge to lose weight. But there can only be one winner and the winner takes all.
GymPact allows you to bet money that you'll keep a contract with yourself to get healthier. If you miss your gym appointment you have to pay up with at least $5, for every missed day. But if you meet your goals you get a reward about $0.50-$0.75.
WFMY News 2/CNN