Weight Loss

The Bank for Losers

This is a fun way to keep yourself motivated to do certain things.  These things will help you in your journey to be healthier.  At the end of the month, the person with the most "money" in their bank will be the winner! 

Here is a breakdown of what you will need to do to get "money" in your bank:

Daily

Water: +$.50 per 8 oz.
Exercise: +$1.00 per 10 minutes
Reach your personal calorie goal: +$2.00
Update the thread: +$1.50 

Weekly

Weight Loss: +$5.00 per 1 lb

Penalties

Weighed more than once per week: -$2.00
Went over your personal calorie limit: -$3.00
No exercise: -$1.50

At the end of the month, the person with the highest amount of "money" in their bank will get a certificate of recognition from me.  It will be very professional looking as I am quite experienced in making these types of certificates.  I will email it to you and then you can print it off and hang it up for everyone to see!  Or just keep it on your computer as a reminder of how far you came.

If this goes well, we will do this every month. :-) 

Sign up here by Jan. 31st.  I will open the challenge on Feb. 1st. in the Challenges forum.

If you have any questions, just ask me... Either here or privately.  

Here is an example of what a day's "deposits and withdrawals" will look like once we have this up and running...

---------------------------------------------

Friday 2/8

Water, 64 oz: +$4.00
Exercise, 30 min: +$3.00
Reached Calorie Goal: +$2.00
Updated This: +$1.50

Weighed twice this week, so -$2.00

Total for Friday 2/8 = $8.50
Total as of last post = $12.50

Total so far this month = $21.00 in the bank so far! :-) 

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I hope this will help clear up any confusion.  I'll also keep track of your total amounts on the top of the board to help you out. 

Nobody interested?

OMG this is so genius!

By far the most interest I've had in a challenge.  I will need to see if I have enough time to do all the calculations everyday.  I'll get back to you on that. =)

Do any beverages count as water?  Tea? Coffee? Diet Soda? Crystal lite?

I need to weigh every day.. so that will be a problem for me. =\

I know weighing every day is bad if you have an ED or something, but it really keeps me on track and doesn't discourage me if it goes up.

I'll get you a bump, but what I've been doin' is working for me.  That and I hate math.  :D  It seems very well thought-out though, so I've got to give you credit for that.

What a fabulous idea! I'm a former banker and love anything related to money and counting it. And I've been doing really well at exercising and counting my calories lately, so I should be able to make a bundle.  Sign me up!

I'll join in :)

Although I weigh every day like a bazillion times so I'll always lose that 2$ a week.... its not 2$ for every time you weigh, is it?

I'll absolutely join this-- this will also be an experiment to see what happens to me when i weigh in once a week vs. per day ' v '!

I've been needing a kick in the pants to stay at kcal goal... and a super bonus when I lose those lbs!D

This is totally awesome.  I always joke that my calorie limit is like my money allowance for the day and certain foods are just too "expensive".  Lol  Right up my alley and this starts 2 weeks before the other challenge I'm in ends.  Hmmm....

Alright, ya twisted my arm.    Count me in!

I love this idea!  I don't really want to compete against the other CCers, but would like to actually give myself that $ to buy a new outfit :)

Yay!  We've got some interest!  Now to answer those questions that have come up...

1) The only things that count as water are things that are not carbonated, so Diet Soda wouldn't count as water.

2) If you weigh everyday, then you just lose $2 a week.  If you weighed 50 x weekly (lol extreme, I know!), then you'd just lose $2 a week.

Another note, just to be sure it's understood... The "money" isn't real.  You can always take that amount of money and put it away for a new outfit or whatnot, but I can't afford to send it out.  :-(  However, I will be making the certificate of recognition and emailing it you, and you can always print it out & frame it... as a reminder of how far you came.

If we get enough interest in this, I'll do it each month.  If not, then this will be the only month for it.

I will also be keeping track of the "money" in everyone's bank so that everyone will know where they are as far as being the "Biggest Banker".

Oh, and you don't have to post every day.  You can keep track of it at home & then post it all at once on Fridays (or whatever day), but try to keep us updated once a week.  Don't forget to add on the $1.50 each time you do post here though! :-) 

Thank you for answering my questions, it makes the challenge MUCH more dooable for me. 

I'm just afraid I'll be all gung-ho about it one week, then.. like forget to do it one day.  I get a little spazzy.  I spend plenty of time on the forum, you'd think I'd be able to remember to do things like log my calories XD.

I don't think any one expected you to send them money =)

I expect her to send me money and LOTS of it! LOL

Original Post by andriav69:

I expect her to send me money and LOTS of it! LOL

 Yeah... if I had it... LoL!

Alright... after careful deliberation, I've decided to join this challenge, as I am so sick of the pattern I've created. I'm ready to lose some weight.

Sign Me Up! XD

Oooooh I wanna play!
Count me in!
:)

Bump! So others can see it.

I'll play too!  Good idea!

I'll try it out! Why the hell not.

Bump!

Count me in! I think its an excellent idea. At the end of every week or so I'll put the amount of money I earned aside and I'll buy myself a little treat for my hard work! (new clothes, a dvd, book... etc).

 Great Idea!!!