The "Living Wallet," developed by a Japanese company, syncs with a bookkeeping smartphone app called Zaim.
The product has two modes depending on your cash: Save Mode and Consumption Mode.
When you are running short on cash, and you try to reach for it, the wallet will slink away from you or spin around to dodge your hand, 'New York Daily News' reported.
When you inevitably catch it and open it, the wallet will start yelling and asking for help.
However, if your bank balance is in the green and you have the extra cash to spend, the wallet will switch to Consumption Mode and encourage spending.
According to the product website, there are no plans to sell the Living Wallet to the public.