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FailFee is a deposit-style commitment device: you stake money on a short deadline so missing it costs. These reads explain that idea and the psychology of writing down goals you mean to keep.

Commitment and deposit contracts

  • Commitment Devices — Bryan, Karlan & Nelson, 2010

    A review of why people lock in their future selves, and when those contracts actually change behavior.

  • Financial Incentive–Based Approaches for Weight Loss — Volpp et al., 2008

    A randomized trial where putting your own money at risk helped people lose more weight than weigh-ins alone.

  • Put Your Money Where Your Butt Is — Giné, Karlan & Zinman, 2010

    Smokers who deposited funds they would forfeit if they failed to quit were more likely to stay nicotine-free.

  • Investigating Rewards and Deposit Contract Financial Incentives for Physical Activity — de Buisonjé et al., 2022

    An app trial comparing deposits you can lose with rewards you can earn for hitting activity goals.

Goal-setting

  • Setting, Elaborating, and Reflecting on Personal Goals Improves Academic Performance — Morisano, Hirsh, Peterson, Pihl & Shore, 2010

    Jordan B. Peterson and colleagues found that a written goal-setting program raised grades for struggling students.

  • Self Authoring: background on goals and meaning — Peterson et al.

    The research background behind Future Authoring: specific goals, coherent plans, and why writing them down helps.

FailFee

Make missing it expensive. Membership unlocks the app. Photo proof before the deadline — or the stake is captured.

info@failfee.app

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