How to Lose Weight and Make Extra Money

Fitness is really its own reward, and it comes with savings too! Whether you see your life insurance premiums go down, or your cost for a bad habit (such as soda or cigarettes), there are so many benefits to being healthy. But what if the natural consequences of losing weight aren’t enough for you? We found several legitimate ways to make extra money by losing weight. Some of these opportunities pay $1,000 or more!

Top Apps and Sites to Make Extra Money

Sometimes, it takes a little risk to see a reward. These apps are all legal, but they will only appeal to those who feel comfortable giving up a little cash to see some big returns.

HealthyWage

make extra money when you lose weight

This very popular platform allows you to wager against your weight loss goals as an individual, team or even a workplace! Corporate wellness programs have been using HealthyWage for years now, and it has inspired change for thousands of participants. The website showcases individuals who have had good results, such as a woman who lost 114 pounds and won $4,000. Commit to a goal, plus a monthly “wager”, then get all your money back – plus some – if you meet the goal!

HealthyWage does require that your weight be verified at the beginning of the challenge and at the end. You can do with this a smartphone video and a qualified third-party witness (such as a doctor, gym professional, or Weight Watchers meeting leader.) There are also restrictions on how many times you can win and how much you can win in a lifetime. HealthyWager won’t let you participate if you are pregnant or have had or plan on having bariatric surgery or liposuction.

How much does it cost?

Your monthly wager will range from $25 – 500 (or even more).

How much does it pay?

The prize calculator can tell you exactly how much money you’ll get. There are a number of factors that determine your final prize. These include BMI, the amount of weight you want to lose, how long you are giving yourself to lose it, and how hard it will be to lose the weight. Someone betting $25 a month for six months, and wanting to lose just 10 pounds, will see a payout of between $166 and $441.18. (Or a return of the money you paid in, plus an additional $16 – 291.) There are additional payouts for referring friends who sign up for a challenge under HealthWage. This is usually $80 for each friend – which will be added to your final prize pool (should you earn it.) Your friend will also get $40 added to their prize pool for signing up under you!

Sign up to get started losing weight and make extra money with HealthyWage here.

DietBet

lose weight and make extra money

See also: Best Ways to Make Extra Money Right Now

This platform is designed to help you make extra money by losing weight as a form of gamification. Users set up challenges that you can sign up for, and anyone who completes the challenge splits the pot with the rest of the winners. Challenges range from the serious to the silly.

DietBet is user led, and there are new challenges going all the time. You do need to verify your starting and ending weight, but they allow you to do with your own smart phone and a scale in your home. There are two tiers of weight loss: Lose a little (4% body weight) and Lose a lot (10% body weight). You can find a number of challenges for each across the site, and the community feeling provides accountability for the players and helps them lose!

How much does it cost?

The challenges cost what you are willing to bet. This is usually $10-999. DietBet takes a fee from the final winnings before they are distributed to winners.

How much does it pay?

Prizes range, depending on how many were participating, what the bets were, and how many met their final goal. Users have reported winnings of hundreds of dollars or more! A sample challenge going on now looks like this:

603 players each bet $30. The total pot is $18,090 and will be split between the winners at the end (minus the DietBet fee of 10 – 25%.)

Ready to make a change and make extra money doing it? Sign up for DietBet here.

Pact

make extra money with healthy habits

The motto of this site is “earn cash for living healthy paid by members who don’t.” This community of members don’t focus on weight loss, but rather the habits that might lead to it. Choose from eating fruits and veggies, exercise, and food logging as your goals to be rewarded with incremental payouts. Skip a good habit, however, and you’ll feel the consequences. Not being able to document your daily workout, for example, will cost you a fine!

Use your smartphone to document what you eat and how you live. Members decide if your habits make the cut. Activity is tracked via a step-counter app that can integrate into your Fitbit for easy management. If you like group think and work well under pressure, this might be the best way to lose weight and make extra money doing it!

(This platform is only available as an app. You will need Google Play or the Apple store access to download.)

How much does it cost?

Your wagers (or “stakes” as they are called in Pact) only apply if you don’t meet goals. It ranges, and you can set it up ahead of time.

How much does it pay?

The average user earns $.03 to $5 a week. Betting more doesn’t change the amount you can earn.

See more about the Pact app here and download it to make extra money when you do healthy things!

Walgreens Balance Rewards

how to make extra money losing weight

See also: 15 Mobile Apps that Help You Make Extra Money

This drugstore chain changed their customer reward program years ago to be the Balance Rewards program. In addition to earning points for your everyday purchases (usually 10 points per dollar), you can also earn points for healthy behavior. By linking your account to popular apps, such as your FitBit, GoogleFit, or MyFitnessPal, you can earn points for your healthy activity.

Rewards are issues for activities such as running or biking (currently 20 points per mile.) But, you can also be rewarded for other daily health maintenance tasks, such as checking your blood glucose (if diabetic) or getting your blood pressure checked. There are limits to the number of each activity you can do each day, but there is a big potential to get savings at Walgreen by just doing what you should be doing, anyway.

How much does it cost?

This program is free. Just sign up and link your connected apps to get started.

How much does it pay?

This program does not pay cash, but rather Balance Rewards. Balance Rewards can be redeemed for store credit at Walgreens, which can be used on future purchases. The payout is currently:

  • 10,000 points = $10 credit
  • 18,000 points = $20 credit
  • 30,000 points = $35 credit
  • 40,000 points = $50 credit

Sign up for the Balance Rewards program at Walgreens and make extra money doing the healthy things you do every day!

Achievemint

make extra money when you lose weight

Whether you bike, hike, or walk, your daily steps should count for something. Achievemint recognizes this and give you points toward a reward with every activity you do! Currently, you can connect this app to your FitBit or other fitness tracker and seamlessly watch your points climb each day.

You can earn points by tweeting about your activity (6 points), walking (9,000 steps earn around 25 points), sleeping (5 hours earns around 6 points, and logging food (again 6 points.) The best way to earn is to hook up your Fitbit account or other tracker. When your tracker updates, your points do, too!

How much does it cost?

Achievemint is free. There are no fees, wagers, bets, or stakes.

How much does it pay?

Payouts are currently $10 in cash for every 10,000 points.

Sign up to make extra money with your fitness activities at Achievemint here.