This quirky couple discusses debt, money, and personal finance from both perspectives of a husband and wife in a unique and innovative way. This is not just a “get out of debt” podcast, but rather will cover all areas of your financial lives, whether getting out of debt, saving for college, investing for retirement and more!
Sunday Jan 12, 2020
TTC 012 The Perfect Combination: Earning and Losing at the Same Time
Sunday Jan 12, 2020
Sunday Jan 12, 2020
We loved this episode so much that we recorded it twice! Well, more honestly, we didn't record it the first time but did the second. Thankfully Lynda, our featured guest, was a great sport, rolled with the punches, and recorded a beautiful second episode. Thank you!!
But we are so excited for our FIRST! Yes, this is our first interview on our podcast. And what a fun and transformative interview - finding out how she was able to take something many of us struggle with and find a way to earn money in a fun and competitive way.
What is it?! Lynda initially lost over 70 lb (can you believe it?!) using Healthy Wage - a website that allows you to bet on yourself to lose a goal weight in a specified amount of time. And if you are successful like she was - you can earn a lot of money! Yes, this is a side hustle as there is so much money that can be made.
Lynda dives into the details on how easy and simple this wonderful plan is:
- There are media giants that give validity to this program - We were wondering when we heard about this over a year ago whether this is hokey. But sites like CNN, NY Times, and more have reported on Healthy Wage.
- Lynda found that the Keto diet worked best for her - It doesn't matter what diet you use to lose the weight so choose the one that is best for you!
- You complete with yourself - You don't have to worry about what someone else does but it's all based on your own performance.
- We all need motivators - Let's face it. We all want to lose weight for our health, to be there for our grandchildren and more, but having that additional motivation that when you lose the weight you pocket the cash gives you that much more motivation! In many ways you can look at this as one more additional layer of motivation to improve your chance of success!
- You can buy more time - If you get to the end of the time your projected, you can buy six more months of time and still make a ton of money
- The system is so flexible as you choose the weight you want to lose and the time you want to lose it in - She shares how easy it was when she signed up to find the perfect amount of time and weight she wanted to lose. She was impressed that a more realistic timeframe to lose the weight meant she would win even more money!
- Think of the monthly payments as investments into yourself or betting on yourself - Seriously, there is so much in weight loss that depends on your mindset. And when you see this process as investing in you or betting on you, that can help give you a leg up.
- You know what your winnings will be when you begin - When you select the amount of weight you want to lose and time to lose it in, you will see exactly how much you will put in your pocket when you are successful.
- The weigh ins are simple - You use the app on your phone and it can be done in just a few minutes. What's great is you only officially weigh in on the first day and at the end.
- This system is flexible - Since you choose the diet and the time, you are the one that dictates how you will lose the weight. It's really all about YOU!
- YOU are your own high-yield savings account - We've talked about high-yield savings accounts in prior articles, but this is the best account - where not only do you make a lot (more than you can make with any account we know about) but you get so many health benefits too!
And Lynda made it to Onederland! You really need to hear her story how she found the best combination of weight she wanted to lose and time she wanted to lose it in that worked for here. And for her, she was able to win $1,600 her first time she did it. And now she's on her second round weighing even 30 lb lighter than what you see above! She has made quite the transformation - how far could you go?!
The 2% Money Saving Tip
For this tip we share one of our favorite homemade recipes. We have been using this for over 10 years now - this is definitely a time-tested recipe and tip! You can print the recipe to make it even easier to make. And unless you wrap it in that thick silicone wrap (you know, the one that is usually still halfway stuck in your detergent slot), you won't experience that fun either! Check out the link in the resources below.
Finally make sure to check out this week's show notes where we break these tips down and give you exactly what you need to get started. Plus you'll want to check those show notes as they give you links to all the resources we discussed on this show from losing weight to massive gains in yours pockets. :)
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