Want to exercise everyday? Clean your room by Monday? Or want to stop biting nails? These are a few goals that you can try to achieve by entering into a contract. So if you fail your goals, there will be penalty, depending on your contract. Your friend can benefit, your enemy can benefit, you can wager $100, $1000 etc, as long as it hurts.

It’s not a new concept, but sitckK.com is offering to draw up the contracts for you for free. It’s still up to you, but the economists who came up with this website thinks entering into a legal obligation will really put the pressure on you to achieve your goal. They believe…

… everything has a price, a contract makes sure you honour that price.

You’ll need to nominate a trusted police force though, to make sure you adhere to the terms of the contract. They can be your family, your friends, your enemies, or donate your wager to a charity you like, or even to a charity you hate. So if you believe this is for you, head round to sitckK.com. Who knows, you might be able to stop picking your nose! (seriously, that was one of the suggested goals, I didn’t make that up…)