Commitment Contracts - Deepstash

Commitment Contracts

A person commits to a behavioral change and then establishes a "contract" (with a partner, a friend) whereby some consequence (usually a monetary one) results from the person failing to achieve their goal. The idea is that the desire to avoid the consequence helps keep people more committed to success.

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The idea is part of this collection:

How To Break Bad Habits

Learn more about personaldevelopment with this collection

Understanding the psychological rewards of bad habits

Creating new habits to replace old ones

Developing self-discipline

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