Lazy Jar Makes You Pay (Literally) For Skipping Workouts
We all probably need to exercise more, but getting the motivation to do so can sometimes be a bit... challenging.
hopes to come in. The new app pairs with your
But that's kind of a good thing.
(later called just Pact) notoriously went down in flames because more people were reaching their goals (arguably some through cheating) than were missing them, so they
ended up owing around $1 million
they couldn't actually pay out.
With Lazy Jar you have to commit to a 6-month program, where you reach a certain goal of steps, miles, calories, and minutes of activity per week. Then you decide how much you're willing to pay if you don't get there.
The key with these would be to set something realistic. I personally would love it if I ran 30 miles a week, but that's more a "big week" goal than something I can (or probably should) achieve every single week for half the year.
Lazy Jar takes a $30 refundable deposit at the beginning of that 6 months that you get back regardless of whether you reach your goals, as long as you stick with the program and try.
As for the weekly penalties, that amount is up to you. Setting a loss of $1/week could potentially set you back $26 over the course of six months, while $5 week could equal a 6-month loss of $130.
Lazy Jar donates 80% of your loss to charity (right now it's St. Jude's hospital), and uses 20% to keep the app up and running.
If you need that extra push, it could be an interesting app to try. Another option: creating your own "lazy jar" in your home and ponying up the cash there when you miss your goals. It might be a little harder to stick with, but in the end, you can donate the money to wherever you'd like.