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People often become more motivated, the closer they get to their goal (i.e., milestone or achievement).
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Similar psychology:
Likely impacts:
Users who see they're close to finishing may be more likely to complete sign-ups, trials or purchases, driven by the goal gradient effect and their sunk costs.
Framing each action as progress toward a visible goal might lead to an increase in feature usage, as users feel every step moves them closer to the finish.
Recurring goals, e.g., daily targets or rewards, may help users form habits, as the goal gradient effect motivates them to return and reach the next milestone.
Users may be willing to put in more effort as they near their goal, so showing the remaining steps could reduce drop-off at moments they'd otherwise quit.