Nudge Yourself to Better Finances.
They referenced a gym that charges their members for NOT going to the gym. This is a new business practice for gyms that I don't think I will hop on board anytime soon. For one, I know I would skip out on the gym a lot because I like running outside and because I get lazy like everyone else!
However, it poses an interesting technique and I thought that I will start charging myself if I get off track with my goals. There is a website called Stickk, created by Harvard grads, that advocates "goal-reaching" by allowing you to reach your goals with the help of supporters by creating monetary punishments for not reaching these goals. Has anyone joined this site and do you have any positive or negative feedback about it? I might like to try it. I'm always up for new websites with new ideas.
For myself, I think something achievable would be working out everyday. Since I don't have all the time in the world, doing sit-ups or push-ups or anything similar would still count as working out. I try to run or get to the gym at least 3-4 times a week but to raise the bar would be great, especially with the summer season coming up. If I miss a day's workout (or mini-workout), I think I will start charging myself $5 each day that I skip, and I will have to pay myself at the end of each month for the amount of days I have skipped. We'll see how it works out!
Anyone else willing to try this out? What sort of goals will you or would you charge yourself for? How much of a fee will you impose?