Some people are motivated to follow through by the thought of a reward, or other types of positive reinforcement, and some are motivated by wanting to avoid the negative consequences associated with failing. And a new alarm app for your smartphone might be a really effective tool for helping those in the second category to get out of bed, because if they oversleep, it hits them where it hurts the worst – the wallet.
Dollarm, a free iPhone app, uses your own money to motivate you to wake up on time, because the longer you sleep in, the more money you lose. Set up the app by adding some money to your Dollarm account, then decide how soon you'd like to get up after the alarm goes off, and choose how much money one extra minute of sleep will cost you. The app will wake you with not only the sound of the alarm, but also with the sound of coins falling, reminding you that, at least in your case, time is money.
And so you won't just slap blindly at the alarm and go back to sleep, Dollarm also requires you to solve a simple math problem to turn off the alarm.