Whatever happened to just looking at your watch to tell time? That idea is so old-fashioned it’s practically clockwork. After all, Apple is about to clamp millions of gadget-filled timepieces on cool (and not so cool) people’s wrists. It’s a watch that does just about everything you could ever think of (and a few you wouldn’t imagine), such as send email and messages, make a telephone call, and sketch something (because, you know, who doesn’t want to doodle a tiny drawing on their wrist?). It will even check your heart rate. It can’t, however, do anything about bad publicity. (Perhaps Apple should have hired this guy to pitch it.) The Apple iWatch won’t be available until next year, however. In the meantime (no pun), you can see if you can afford its $349 price tag by checking your Cash Smartwatch.
The Cash Smartwatch, designed by financial correspondent Nicole Lapin, is designed to help you with your monthly household budget. Every time you make a purchase, you record it on the watch (in one of several categories that you have set up.) Using a simple red/green color combination, when you go over-budget in that category, the watch will alert you. You can follow how much you are spending via the green line. The more you spend, a red line grows. “When I graduated college and while I was growing up, I was too scared to talk about money,” Lapin said. “It wasn’t until I started working in TV that I had to teach myself everything about finance quickly.” The watch will be launched later this week here. Of course, the first item you’ll need to record is the $139 that you spent to buy it, and that might blow your budget.