A company has made a new to help us save money. It is a wristband that gives us an shock if we spend too . The wristband, called Pavlok, is linked to our bank . It knows how much money we have. If there is not money in our account when we buy , the wristband gives us a 255-volt electric shock so we don't overspend. The company wants to help bank with their money. So far, no banks have said they would offer the Pavlok to their customers. They could start doing in the .
The Pavlok wristband is of the Internet of Things. Everything in our will be connected to the Internet. The Pavlok CEO said people liked the of the electric shock wristband. Shoppers said it was than getting a big shock when they saw their credit card . The CEO said the Pavlok is for people who cannot stop . They have weak or no . He said many young people are like the bird the ostrich. They stick their in the sand to escape life. They buy things without thinking about how much money they have in their bank.
