Gym of Incentives

How about a gym that charges a huge annual fee up front and then pays you in cash every time you do a workout? (You can have electronic swipe in and swipe out to ensure you stay for at least 20 minutes or however long.)

At the end of the year, if you’ve averaged going the amount of times per week you set as your goal, you end up paying the same amount as you would’ve paid at a regular gym. If you don’t keep going to the gym, you lose the difference.

The gym can even place the money in an interest bearing account and split the interest with you. If you go more than the amount of times per week you set as your goal, you won’t receive additional cash back as working out too much isn’t healthy either.

How’s that for some incentive?

Example:

Program Type

Upfront Cost

Sessions / Year Targer

Daily Cash Back

Regular Gym

$500

N/A

N/A

2x a week

$5500

100

$50.00

3x a week

$5500

150

$33.33

4x a week

$5500

200

$25.00

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