Smart Handbag Will Keep You From Overspending

Do you have a tendancy of spending too much? Good news, now there’s a high-tech, self-locking purse to help you control your shopping impulses. Ironically, though, the iBag2 comes with a $5K price tag.

The brainchild of Finder.com and fashion designer Geova Rodrigues, the smart handbag is equipped with an Arduino Uno, a 10,000mAh power bank, Bluetooth, GPS, LED lights, and vibration motors.

With its built-in GPS unit, the iBag2 is able to recognize whenever it has entered a pre-programmed “danger spending zone.” A timer connected to electromagnets will lock the bag according to your most vulnerable buying moments, while an RFID system hooked up to LEDs and vibration motors will give off a physical reminder to make you think again before taking your wallet out.

Aside from all that, the iBag2 will remind you every two hours via yellow lights and vibration to reapply sunscreen, and a Bluetooth tracker will ping your phone through an app if the purse gets away from you.

[h/t Gizmodo]