commitment devices

Commitment devices are tools or strategies that help individuals stick to their goals and make better decisions. They work by creating a binding commitment that limits future choices or impulses. For example, someone might use a savings app that locks their money until they reach a financial goal, or agree with a friend to exercise together, making it harder to skip workouts. By creating obstacles to undesirable behavior, commitment devices encourage people to follow through on plans and make choices aligned with their long-term interests, ultimately leading to better outcomes.