LessWrong (Curated & Popular)

“My experience using financial commitments to overcome akrasia” by William Howard


Listen Later

About a year ago I decided to try using one of those apps where you tie your goals to some kind of financial penalty. The specific one I tried is Forfeit, which I liked the look of because it's relatively simple, you set single tasks which you have to verify you have completed with a photo.

I’m generally pretty sceptical of productivity systems, tools for thought, mindset shifts, life hacks and so on. But this one I have found to be really shockingly effective, it has been about the biggest positive change to my life that I can remember. I feel like the category of things which benefit from careful planning and execution over time has completely opened up to me, whereas previously things like this would be largely down to the luck of being in the right mood for long enough.

It's too soon to tell whether [...]

The original text contained 7 footnotes which were omitted from this narration.

---

First published:
April 15th, 2024

Source:
https://www.lesswrong.com/posts/DRrAMiekmqwDjnzS5/my-experience-using-financial-commitments-to-overcome

---

Narrated by TYPE III AUDIO.

...more
View all episodesView all episodes
Download on the App Store

LessWrong (Curated & Popular)By LessWrong

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

12 ratings


More shows like LessWrong (Curated & Popular)

View all
Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,067 Listeners

Odd Lots by Bloomberg

Odd Lots

1,930 Listeners

EconTalk by Russ Roberts

EconTalk

4,260 Listeners

Conversations with Tyler by Mercatus Center at George Mason University

Conversations with Tyler

2,452 Listeners

Philosophy Bites by Edmonds and Warburton

Philosophy Bites

1,548 Listeners

ChinaTalk by Jordan Schneider

ChinaTalk

288 Listeners

ManifoldOne by Steve Hsu

ManifoldOne

93 Listeners

Machine Learning Street Talk (MLST) by Machine Learning Street Talk (MLST)

Machine Learning Street Talk (MLST)

95 Listeners

Dwarkesh Podcast by Dwarkesh Patel

Dwarkesh Podcast

517 Listeners

Clearer Thinking with Spencer Greenberg by Spencer Greenberg

Clearer Thinking with Spencer Greenberg

138 Listeners

Razib Khan's Unsupervised Learning by Razib Khan

Razib Khan's Unsupervised Learning

209 Listeners

"Econ 102" with Noah Smith and Erik Torenberg by Turpentine

"Econ 102" with Noah Smith and Erik Torenberg

151 Listeners

Money Stuff: The Podcast by Bloomberg

Money Stuff: The Podcast

394 Listeners

Complex Systems with Patrick McKenzie (patio11) by Patrick McKenzie

Complex Systems with Patrick McKenzie (patio11)

134 Listeners

The Marginal Revolution Podcast by Mercatus Center at George Mason University

The Marginal Revolution Podcast

95 Listeners