Smartwatches are known for not only telling time, but tracking your daily activities.
Now, a new device called the Cash smartwatch lets you to monitor another important thing: your budget.
The device costs $139, which will be available online for purchase. Although the Cash smartwatch is aimed toward young women from ages 18 to 34, the model also comes with various strap options for men.
The Cash smartwatch is not similar with Apple Watch. It’s not as “smart” as the traditional means. It doesn’t let you check email or take phone calls. However, its main focus is to get you thinking about how you’re impulse buying without needing to use boring spreadsheets. Every time you make a purchase, you tap the price into the interface and place it into a category (e.g. clothes, food and so on). On the back end, you’ll set up your monthly allowance. When you go over-budget or are nearing that line, you’ll know right away on the smartwatch’s home screen. You can see what you’re spending in each category via a green line (how much you have left for the month), too; and the more you spend, a red line grows.
The watch face itself is a bit heavy, mostly because it holds all the tech. The web app brings together a bigger picture of your spending, but Cash also works autonomously.
The Cash smartwatch will launch on its official website on October 1st. It will be available via HSN later that month.