A new creation called the 'Living Wallet', which slinks away from you or spin around to dodge your hand when you reach for it, has been designed to discourage impulse spending.
The wallet syncs with a bookkeeping smart-phone app called 'Zaim' has two modes, 'Save Mode' and 'Consumption Mode', depending on your balance and it does its part to see that you save money, the New York Daily News reported.
The Japanese creation also starts yelling and asking for help and also sends a mail to you mother to discourage you from making an unnecessary purchase, when the balance is low.
However, the Japanese creation is designed to switch to 'Consumption Mode' when there is extra cash to spend and announce popular Amazon products you may want to purchase.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app