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Re:The Strange But Effective Way I Stick to Hard Goals by freshfey on Saturday January 16, 2016 @04:45PM (#10916999)
It's a similar concept that Tim Ferriss talked about in 4 Hour Chef. You'd (with a friend for accountability) put money in an escrow account for an organization you absolutely despise (political, religious, etc). If you fail on keeping your promise (in this case going to the gym) the money would be released. I think he calls it the Stickk method (there is even a site dedicated to it: http://www.stickk.com/)
Re:The Strange But Effective Way I Stick to Hard Goals by nefitty on Saturday January 16, 2016 @05:08PM (#10917081)
Using Stickk I quit drinking completely for six months. There were some negligible lapses, but overall utilizing this loss aversion technique was a positive experience for me. I will try it again soon for other long-term goals.