30 Jan '14, 8pm

.:NEW:. #Fashion Meets Function: iBag "Smartbag" Stops You from Overspending! - #WearableTech

I was excited to learn Finder.com.au might release the iBag soon. A prototype carryall that locks you out if it believes you’re going to splurge. The Arduino-powered bag automatically shuts tight at those times you’re most likely to shop. Additionally, it uses GPS to warn you when you get too close to favorite stores; ignore the alert and it will both record when you take out your wallet as well as send a text message to a trusted partner. So basically it would be hard to lie to your husband about buying that new dress! lol. iBag is primarily a publicity stunt meant to highlight the dangers of credit card debt, but it might become a reality. The site is asking potential customers to register their interest, and it may sell both men’s and women’s versions of the bag for $199 AUD ($173 US) .

Full article: http://www.glassesandglitter.com/wearable-tech-ibag-smart...

Tweets

Meet the handbag that stops you spending

Meet the handbag that stops you spending

home.bt.com 31 Jan '14, 11am

Ever wished it wasn’t so easy to dip into your purse or wallet whenever you fancied a new outfit or the latest gadget? The...

This smart handbag could stop you from overspen...

engadget.com 30 Jan '14, 5pm

If you're the sort who overspends at the mall, you may need a firm reminder to watch your budget. How does an ever-vigilan...

This smart handbag could stop you from overspen...

engadget.com 30 Jan '14, 5pm

If you're the sort who overspends at the mall, you may need a firm reminder to watch your budget. How does an ever-vigilan...