
Nowadays, it’s simply hard to save money as temptation is all around you. Even though now you’re reading TechChee, you’d have already burned your pocket for buying some of the irresistible gadgets posted here. A stunning figure, 12.5 trillion dollars of outstanding household debt in the U.S, reportedly at the end of 2006.
In order to help you save money, designer Veronica Vail has got a cool concept device for us. It’s a hand held digital wallet that serves as the universal money as well as a financial planning aid that consolidates multiple ways of tracking earning and spending.
You can make use of the device to monitor your accounts, track your investments and make payments instantaneously. This device will serve as a personal guidance towards developing personal strategies for saving. The unit is equipped with a universal payment card, which allows one to easily make payments anywhere, while eliminating the need for cash, check and credit cards. The device also features biometric or finger print identification for added security, in order to access financial information and make purchases.
The concept is definitely cool, but there would be lots of obstacles in front to overcome prior to getting it materialized!
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