Shelly Palmer

MIT Creates Fiscally Responsible Wallets

MIT Smart Wallet

MIT has released prototypes for hi-tech wallets that help monitor your spending habits. The wallet connects to its owner’s cell phone via bluetooth and then gathers data from your bank account. Each wallet has a unique feature that is built to deter or allow its owner’s spending, including the “Mother Bear” model that is harder to open the lower your balance. Read the full article at wired.com