FailFund VS CashCommit

FailFund Pricing

CashCommit Pricing

FailFund

• Goal Setting: Enables creation of specific, trackable personal commitments.
• Monetary Accountability: Users pledge money that is only charged if they fail to meet their goals.
• Progress Tracking: Users can log updates and monitor progress via a personal dashboard.
• Automatic Payments: Securely charges pledged funds through Stripe if the goal is missed.
• Notification System: Sends advance warning before any charges occur.

CashCommit

• Goal Definition: Allow users to clearly define their objective and set a motivating deadline.
• Financial Commitment: Users risk a specific monetary amount to encourage accountability.
• Progress Tracking: Reminders and communications to keep users on track toward their goals.
• Proof Verification: Users must upload evidence of goal completion to avoid being charged.
• Secure Payments: All transactions are handled securely with industry-leading standards and Stripe integration.
• Data Security: Customer data is encrypted at rest and in transit for privacy and protection.
• Exception Handling: Support for exceptional circumstances with direct assistance.

FailFund Use Cases

• Increasing motivation for fitness or health objectives through financial stakes.
• Establishing consistent reading or learning habits with monetary accountability.
• Supporting weight loss journeys by tracking workouts and pledging a commitment.
• Helping individuals avoid procrastination by turning goals into real commitments.
• Encouraging completion of personal or professional challenges by tracking and penalizing missed goals.

CashCommit Use Cases

• Personal productivity enhancement through financial motivation.
• Achieving fitness goals with enforced accountability.
• Completing professional development or certification programs.
• Breaking personal habits by committing to measurable milestones.
• Supporting group or team challenges with clear goal verification.

FailFund FAQs

• Why is this app useful?

  The app helps users turn their goals into actionable commitments with financial stakes, increasing the likelihood of follow-through by adding real consequences for missing objectives.
• Who receives the money if I fail?

  If you do not achieve your stated goal, the pledged money goes where you choose as part of your goal setup.
• How do payments work?

  Payment details are securely stored via Stripe and if a user fails to meet a goal, the pledged amount is automatically charged after a 24-hour advance notice.
• Is there a mobile app?

  There is no explicit mention of a dedicated mobile app; the platform is accessible online.

CashCommit FAQs

• How does CashCommit keep my information secure?

  CashCommit prioritizes security by working exclusively with SOC 2 Type II compliant vendors, encrypting data at rest with AES-256 and in transit using TLS, and processing payments through Stripe for secure transactions.
• What happens if I do not achieve my goal by the deadline?

  If you do not upload proof that you completed your goal before the deadline, the amount you committed will be processed as a payment.
• Can I contact support for exceptional circumstances?

  Yes, if you have mitigating factors that prevent you from reaching your goal, you can contact CashCommit directly for assistance.