I got a flyer in my box at work yesterday for a Biggest Loser type competition. One of our teachers is going to run it. It will cost $25 to join. It will run for 14 weeks from February 20 - May 21. We will weigh in on the first and third Wednesdays of each month during the competition. If we gain weight we will have to add $1/pound to the pot. There will be 3 winners. First place will get 60% of the pot, second place will get 25% and third place will get 15% of the pot.
I think I'm going to use the last bit of my birthday money to join. I think it's a great investment if I do what I'm supposed to do. It's a great opportunity to work on 2 goals at one time. I can get healthy and win some money to put toward my car note at the same time.
Just like I've created a budget for my money I've created a workout plan for this competition. I may use half of my $300 check to buy an exercise bike that I found at Wal-Mart to help me out instead of paying it all toward my car.
I'll let you know for sure on Wednesday if I join.