4 ms·
I'm literally doing this same idea currently but I pay a friend instead. They are under no obligation to give me my money back at a later date and I'm not expec
by yurishimo 3y ago
I'm literally doing this same idea currently but I pay a friend instead. They are under no obligation to give me my money back at a later date and I'm not expecting them to. The key is that I have to give them cash, so every time I check in with them and have not completed my goal, I have to take out my wallet, grab the money, and hand it to them.
My first check in for the year is coming up this weekend and I'm not looking forward to even going to the ATM, much less paying them if I didn't meet my goal!
- andersonmvd 3y agoDoes it impact your friendship? I'd guess you may resent them if they kept a lot of money, especially when you need the money. Or you may start avoiding them completely when you're aware that you didn't achieve a given goal, no? I guess for small amounts it may work but on the long run it seems like a trap.
- MarkVenison 3y agoin my experience (I did pay a few hundred bucks to a friend back in the day) it worked because I felt very bad about giving money like this to someone.
- yurishimo 3y agoI just started, so can't really comment on that. So far, it seems fine? We're not talking about life changing amounts of money here; 50 bucks a month at most. The point for me is to accomplish my goal so I don't have to pay them because I'm a cheapskate.
- MarkVenison 3y agoThis is exactly where I got the idea from. I was doing the same thing with a friend many years ago.