So I want to pitch a problem I have with Beeminder… I cannot justify the loss of income to my wife if I don’t achieve a goal. However, I LOVE the idea of a financial tie to my goals and it would really help me.
If I were to lose even $32 though, I’ve gained absolutely nothing but glares from my wife and being sad about missing my own goals.
Here is what I propose to help me use this wonderful platform and make you rich.
For the free tier, offer an Acorns contribution option, say 30% to Beeminder, 70% to my acorns account. This is still HIGHLY motivating because I effectively lose ACCESS to that money in my bank account, but I don’t LOSE the money, at least not all of it. This percentage could creep to 100% in Acorns on the highest premium tier-- but that tier is STABLE revenue for you guys. I’d even sign a 1-year commitment and pay up front for that feature.
Another option at higher premium tier is just hold my money for say 3-6 months and give it back. You collect the interest, and I get my money back. Honestly, just not having ACCESS to my money is enough to motivate me to get things done. I can allocate all my fun money to goals and if I have a bad week, month, whatever, there goes my fun money. Ill have to wait 3 months to get it back.
I will absolutely NOT use this platform without a way to get my money back. I don’t mind the monthly fees, honestly-- that is more reliable income for you guys anyway and it’s easier for me to write that stable payment into my bills.
I think you should strongly consider these, but until then my wife will not be good with this kind of financial risk to the family---- it’s just not a smart way to spend money.
I’d love to hear back from you.