Although there are many apps that are designed to help with budgeting, their effectiveness relies on consumers actually opening up the applications—the Feedback card serves as a tangible reminder for finance management that fits into one's wallet, and can be activated with the press of a button.
The real-time budgeting card helps users keep track of their income, expenses and money-saving goals, and makes checking in as easy as pressing a button on the physical card. The team behind Feedback, Ideas42, developed the low-tech card as a budgeting tool based on behavioral science, with the aim of getting consumers to change their spending habits.
As it stands, Ideas42 hopes to have a financial institution or credit card company parter with it to further develop this idea to its fullest potential.
Real-Time Budgeting Cards
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