Drop files to upload.
Faithlife Corporation

MONEY

Illustration  •  Submitted
0 ratings
· 2 views
Notes & Transcripts

U.K. firm Intelligent Environments has a product to help over spenders manage their money better. They link an electronic bracelet with the customers’ bank account and send a gentle buzz warning when the account balance gets close to a preset limit and delivers an electric shock if it dips below.

There are less shocking alternatives. Research shows that people spend 30% less when they have a cash-based, rather than a credit card based approach to spending. Constance Brinkley-Badgett, of Credit.com says, “If the plastic’s not in your pocket, maybe you’ll lose interest before you get around to making a deferred purchase.”

--“Watch a Bank Literally Shock People Who Overspend ” by Constance Brinkley-Badgett http://www.huffingtonpost.com/creditcom/watch-a-bank-literally-sh_b_10107958.html?utm_hp_ref=weird-news&ir=Weird+News

Proverbs 22:26–27 (HCSB) “Don’t be one of those who enter agreements, who put up security for loans. 27 If you have no money to pay, even your bed will be taken from under you.”

RELATED MEDIA
See the rest →
Get this media plus thousands more when you start a free trial.
Get started for FREE
RELATED SERMONS
See the rest →