Commitment Contracts - Deepstash

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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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MORE IDEAS FROM THE SAME ARTICLE

Internal motivation, the drive to achieve that comes from inside a person is the kind of motivation that can lead to life-changing improvements and well-being.

External rewards (like compliments, fitting into a smaller size, or winning a race) might get a person star...

A fundamentally independent thinker understands that nothing makes a person upset, angry, or depressed; rather, what a person thinks about the world determines how they feel

It means believing in your ability to perform a task and achieve goals. There are 3 ways to build self-efficacy:

  • Ensure early success. When first starting out, choose activities you're certain you can do successfully.
  • Watch others succeed in the activity you w...

  • Emotional reasoning means if a person feels something, they automatically assume it must be fact ("I feel like a loser, so I must be one").
  • Predictions of failure: when a person makes predictions using FEAR, or False Evidence Accepted as Real ("I know I'll mak...

SMARTER goals: Specific, Measurable, Attainable, Realistic, Timely, developed Enthusiastically, and attached to Rewards).

SMARTER goals take the guesswork out of routines, so we're more likely to stick to them.

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