Smart bag can stop shopaholics from overspending

ga('send', 'event', 'Fashion & Beauty', 'article', 'article-industry-impression', {nonInteraction: true});ga('send', 'event', 'Financial Services', 'article', 'article-industry-impression', {nonInteraction: true});ga('send', 'event', 'Weird of the Week', 'article', 'article-industry-impression', {nonInteraction: true});

Weird Of The Week: This is part of a series of articles that looks at some of the most bizarre and niche business ideas we see here at Springwise.

Sometimes, humans just can't control themselves and end up doing things they know they'll regret later. Ideas such as the Kitchen Safe have previously helped homeowners hide snacks from themselves, and now iBag is a handbag that automatically locks owners out if it detects they're about to splash the cash. Developed by Australian credit card comparison website, the bag has been designed for those who can't keep up with their monthly bills due to living beyond their budget. It features an RFID module connected to an Arduino chip that detects the times and locations users take their wallet out.…

Add to my folders:

Select any pre-existing folders to add the current post to. Posts will be added to a 'default' folder if nothing is selected.

Create a new folder (Optional)

Separate with commas to add multiple folders. The current post is automatically added to any new folders you create (e.g. my new folder, my second folder).


Remove from my folders

Below is a list of folders where the current post appears in. Select the folder you wish to remove it from.