The Proverbial Wallets will obsolesce bank statements and receipts. By not receiving monthly bank statements and getting a receipt every time you make a transaction, it will save paper, which in turn will help save the environment. The Proverbial Wallets will deliver positive change by helping people keep track of their money and help stop the mindless spending epidemic that is becoming a huge problem in our society. By having a physical reminder coming from your own back pocket, it will be easier for people to be conscious of how much money they’re spending, and how much they have left. These wallets will promote saving rather than spending, and can teach people how to wisely manage their money. These wallets are still in the working prototype stage, however, they are truly are the new, portable financial conscience.
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