Smart Pocket, For College Students

Table of ContentsProject Overview and Team Intro 1The Design Model 2 Discover Phase 3Examine Phase 25Solidify Phase 42Imagine Phase 50Go Phase 67Nurture Phase 92

Project OverviewProject OverviewThe goal of the project is to experience the design model. After choosing an opportunity, our team will discover, examine, solidify, imagine, go, and nurture it.

The Smart Pocket Team

Project Overview and Team Intro 1The Design Model 2 Discover Phase 3Examine Phase 25Solidify Phase 42Imagine Phase 50Go Phase 67Nurture Phase 92

1

The Design Model

DN

GI

S

E

1 2

A non-linear approach to unlocking opportunities for design thinking and business

2 3

Discover Immerse Observe Document

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3 44

Opportunities

3

The rising cost of education. The diculty of being separated from loved ones. The lack of opportunities in the job market. The state of the job market. Laziness Gaming Relationships Trans-genders USPS Bike locks and security Innovation

3

43

5

Mind-mapping Opportunities

Each group member was asked to write down 10 initial thoughts, words, concepts, ideas, that came to mind for each opportunity. This method is eective in churning out as much content that can be later visually organized and related to the concept of choice.

5Mind-mapping Opportunities

6

Initial Mind-map

7Choosing Our Opportunity

The opportunity we chose to focus on was: the rising cost of education. We related words from our initial mind-map back to our concept, and divided them into three dierent subgroups: emotions, ef-fects, and economy.

Initial Mind-map

7 8

Emotions Economy Eects

Depression

Worry

Stress

Loneliness

Understanding

Annoying

Pressure

Overwhelming

Immigration

Unemployment

Abandoned Dreams

Wasted Talent

Jobs

Internships

Student Debt

Bypass Education

Poverty

Learning

Insecurity

Security

Few Students

Opportunities

No Dreams

No Work

Government Benets

Job Market

Economic Depression

Underpaid

Trade Skills

Family

Time

Competitive

Government Benets

The Rising Cost of Education

Emotions

Eects

Economy

DepressionWorry

Stress Loneliness

Understanding

Annoying

Pressure

Overwhelming

No work

Time

Job Market

Economic DepressionUnderpaid

Trade Skills

Family

Competitive

Immigration

Unemployment

Abandoned Dreams

Wasted Talent

Jobs

Internships

Student Debt

Bypass Education

Poverty Learning

Fewer Students No Dreams

Opportunities

Insecurity

Security

9

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Mind-mapping Emotions and Eects We chose to create a quick mind-map with ve of the words we listed under the subgroup emotions.

This helped us visualize the ef-fects mismanag-ing ones money can have on col-lege students.

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Mind-mapping Emotions and Eects Further Mind-mapping of Emotions We created two more simple mind-maps using the top two emotions we had in our original mind-map. The mind-maps list the reasons that cause both worry and stress for college students.

1 2

After further discussion, we decided to research in depth the spending habits of college students, particularly Scad students. We created a general mind-map of student spending habits.

Further Mind-mapping of Emotions

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2 33

13

3 443

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SCAD COST OF ATTENDANCE After nding some information that summed up the spending habits of college students on average, we decided to focus on the university we are all currently attending: SCAD. We pulled up some information regarding the cost of attendance and total expected expenses to attend Scad on the universitys website (www.scad.edu). The information is regarding the Savannah campus only.

Tuition for one academic year (Undergraduate) US $33,795Tuition for one academic year (Graduate)

Housing fees for one academic year: Dormitory style, Savannah, double occupancy (meal plan required) US $8,715Apartment style, Savannah (no private bedroom; meal plan optional) US $8,970Apartment style, Savannah (private bedroom; meal plan optional) US $10,020

Meal Plan Fee

Basic rate per quarter (available to all students; several options) US $1,665

With this information in mind, we decided to focus on Scad students, because it requires collecting information, and the ease of access to them as students our-selves.

4 5

Each group member was asked to write down 10 initial thoughts, words, concepts, ideas, that came to mind for each opportunity. This method is eective in churning out as much content that can be later visually organized and related to the concept of choice.

15

WHO? WHAT? WHEN?

WHERE? WHY? HOW? Our focus demographic are Scad students studying at the Savannah campus, between the ages of 18 and 28. We will try to under-stand their spending habits to gure out why they have a hard time budgeting themselves.

5PersonasThe Spender She is content with the idea of a bigger wardrobe than a bank account. The strip of her ve credit cards has tape on it so that it works on her favorite stores at the mall. Free time has dollar signs in it. Perhaps one day someday will understand that the way she looks is worth more than the value of her clothes, nails, makeup, shoes, and 500 skin products... but until then, she will go with her Starbucks coee, matching shoes, belt, and heels along the unpaved streets of downtown Savannah.

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Courtesy of: jrs03442.wordpress.com

Courtesy of: blog.fpafornancialplanning.orgCourtesy of: collegetimes.com Courtesy of: merchandisingmatters.com

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7Mr. Frugality Nothing is that important of that necessary for him to spend his hard earned money on. He would rather be home, with some popcorn from the family pack, 2 for 1 Cola, and rent a movie from Krogers Red-box. Going out means paying somebody to pour some drinks for you... and that is something that he can do himself. So, dont be fooled by that bottle of water he carries every-where. To him, if time is money, he doesnt have a watch.

17Courtesy of: saintmarys.edu

Courtesy of: bendrabuciai.ktu.lt

Courtesy of: blog.cort.com

7 8

Immigration

Unemployment

Abandoned Dreams

Wasted Talent

Jobs

Internships

Student Debt

Bypass Education

Poverty

Learning

Insecurity

Security

Few Students

Opportunities

No Dreams

It is all about rationalizing what you need over what you have. There is a time and place for ev-erything. There is a moment to have fun and treat herself to a big ice cream cone or that skirt shes been eying for weeks. Then there is that other time where being a grownup kicks in and bills as well as duties, are on the only thing that see that credit card strip. One day, all this organization will pay o... Hello Paris 2020, she thinks.

Ms. Responsibility

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Courtesy of: blog.cappex.com

Courtesy of: galleryhip.comCourtesy of: monroecollegeny.com

WHY?

WHO? WHAT?

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Brainstorming Interview QuestionsWe came up with a list of simple questions that would help us better understand spending habits of the Scad student body. We interviewed 20 college students around Scad, and posed these questions to all. What is your name?How old are you?What is your major?Do you smoke?Do you drink?

Do you live on campus or rent?What transportation method do you use to get to yourclasses?Do you rent, buy used, or new textbooks? From where?Do you have a set budget?How often do you eat out?Do you shop for groceries? How much do you spend perweek?Do you have a credit card?Do you pay mostly with cash or card?How much do you spend on coee or coke?Do you use vending machine? How often per month orweek?How often do you go out?Other than school supplies, How often and how much doyou spend on personal shopping?

WHEN?

WHERE? HOW?

The Interviewees

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21

Name, Age:Drink, Smoke:Live on/o campus:

Transportation:

Textbook Source:

Dine Out:Grocery $:Own a credit card:

Cash or Card:$ on beverages:Vending machine use:

Entertainment:

Personal Shopping:

Do you have a set budget:

Zack, 20No, No

OnBike, Bus

Ex-libris, Amazon

YesYesYes

Card

NoNo

Occasionally

$30-$300No

Yugendu, 19

No, NoO

Bike, BusAmazon

NoNoYes

BothNoYesNo

$100Yes, $200-$400

Anais, 20

No, NoOnCar

Amazon

YesYesYes

Card$15No

Occasionally

N/ANo

Pai, 19

Yes, NoOCar

Ex-librisYesYesYes

Both

UnknownYes

Occasionally

N/ANo

Montrey, 23

Yes, NoOCar

AmazonYesYesYes

Cash$48No

Occasionally

N/ANo

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Name, Age:Drink, Smoke:Live on/o campus:

Transportation:

Textbook Source:

Dine Out:Grocery $:Own a credit card:

Cash or Card:$ on beverages:Vending machine use:

Entertainment:

Personal Shopping:

Do you have a set budget:

Sara, 20

Yes, NoO

BikeAmazon

YesYesYes

CardNoYesNo$50No

Arjo, 24

Yes, NoOBus

AmazonYesYesYes

Card

UnknownNo

Occasionally

$50$600

Juliana, 28

No, YesO O On

No, NoYes, Yes

Calvin, 19 Brianna, 20

BikeCar CarAmazon Amazon Ex-libris

RareYesYes

Card$36YesNo

$150No No No

$100 N/A

Occasionally OccasionallyNoNo No

Yes

CardCard

YesYes

YesYes

Yes

No

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Name, Age:Drink, Smoke:Live on/o campus:

Transportation:

Textbook Source:

Dine Out:Grocery $:Own a credit card:

Cash or Card:$ on beverages:Vending machine use:

Entertainment:

Personal Shopping:

Do you have a set budget:

Viviana, 24 Cherry, 29 Jao Leao, 22 Tony, 19 Sameer, 20

No, No No, No No, NoYes, No Yes, NoO O OOn OnCar Car Bus BusBike, Bus

Amazon Amazon AmazonEx-libris Ex-librisYes Yes Yes YesRareYes Yes No No Yes

Yes Yes Yes Yes Yes

Card Card Card CashBothUnknown $11 No No No

No No NoYes YesNo RareOccasionally Occasionally Occasionally

N/A No No Rare $20-$500NoYes Yes Yes Yes $300-$700

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Name, Age:Drink, Smoke:Live on/o campus:

Transportation:

Textbook Source:

Dine Out:Grocery $:Own a credit card:

Cash or Card:$ on beverages:Vending machine use:

Entertainment:

Personal Shopping:

Do you have a set budget:

Manasta, 20 Max, 24 Yullin, 21 Theo, 20 Bobby, 23

Yes, No Yes, No Yes, No Yes, NoNo, NoO O OOn On

Bike, BusCar Car CarBikeAmazon Amazon AmazonEx-libris Ex-libris, Amazon

YesYesYes

YesYesYes

Yes Yes

YesYesYes Yes

NoNoNo

Both Both Both Both Card

NoNo

UnknownYes

Occasionally Occasionally Occasionally YesNoNo NoYes

$10-$20 $10-$20 $40

N/AYes

NoNo

NoYes, $1000 Yes

$20-$300 $30-$200

Yes, $1000

ExamineTranslate Feelings Into Facts

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ExamineTranslate Feelings Into Facts

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Translating Words To StatisticsInterview Conclusions:

We werent surprised by most of the answers the intervieweesgave us. We did notice that most students weresomewhat aware of their spending habits, whether good orbad. Most students struggled to give estimates on howmuch they spend per month, however, some were adamantthat they have a set monthly budget that they abide by.

We decided to translate the information they pro-vided us with into data; this would help us visual-ize and analyze their spending habits and ten-dencies more eectively.

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Do you live on or o campus?

65% 35%O CampusOn Campus

The students we interviewed spend an average of $400 on rent if they live o campus. It is cheaper to live o campus than it is on; living on campus ranges anywhere from $8,715 to $10,020.

Do you drink?

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55% 45%

YesNo

College students that drink spend an average of $500 to $600 a year on alcoholic beverages.

Do you live on campus or rent?What transportation method do you use to get to yourclasses?Do you rent, buy used, or new textbooks? From where?Do you have a set budget?How often do you eat out?Do you shop for groceries? How much do you spend perweek?Do you have a credit card?Do you pay mostly with cash or card?How much do you spend on coee or coke?Do you use vending machine? How often per month orweek?How often do you go out?Other than school supplies, How often and how much doyou spend on personal shopping?

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Do you smoke?

NoYes

85%

15%

Melissa Schorr cites a study done by the Harvard School of Public Health in her article A Third of College Students Smoke. The study found that there has been a steady in-crease in the amount of college students that smoke. The av-erage price of a pack of tobacco in the United States is $5.51. According to the CDC, the average smoker spends up to $1800 every year on tobacco products.

Mode of Transportation

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Car

Bus

BikeBike and Bus

50%

20%

15%15%

Students that own a car spend an average of $40 a week on gas. According to Cars.com, drivers younger than 25 spend around $1000-$5000 a year on car insurance.

Textbooks

31

65%

25%10% Amazon

Ex-librisAmazon and Ex-libris

The average textbook in new condition costs between $75 and $100. According to Kiplinger.com, college students spend an average of about $600-$700 a year on textbooks.

Dining Out

32

AmazonEx-librisAmazon and Ex-libris 85%

15% YesNo

Students we interviewed spend at least $20 a month on dining out, and some spend up to $200 a month. According to Numbeo.com, the average cost of a meal in an inexpen-sive restaurant in Savannah costs $11.

Groceries

33

YesNo25%

75%

Students that shop for groceries spend anywhere be-tween $30 and $140 a week.

Method of Payment

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55%

35%

10%

CardBothCash

All 20 students we interviewed have credit cards. A study done by Ohio State University found that college students are more likely to spend more money if they pay exclusively by credit or debit cards.

$$ on Beverages

35

YesNo55%45%

Students spend an average of $40-$50 per month on beverages. The average college student spends roughly 40% of their budget on coee alone. According to the Har-vard School of Public Health, coee drinkers over the age 18 do so at least 3 times a day. This would add up to a mini-mum of $9 a day spent solely on coee.

Vending Machine Use

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YesNo

45%

55%

One snack from the vending machine costs $1. Students that have reported using it, do so at least twice weekly.

Personal Shopping

37

YesNo

The average amount students spend on personal expens-es is $250 a month. The students we interviewed reported clothing and technology items as their top and most common purchases.

85%

15%

Entertainment

38

YesNo

The average amount students spend on entertainment is $150 a month.

25%

75%

Do you have a set budget?

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50%

50%

YesNo

We noticed that the older the student we interviewed was, the more conscientious they were about their month-ly budget.

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Exploring Emotional Spending

ReasonsSpending when stressed can make you forget about your problems. StressLeads to spending for instant gratication.

SpendStress

Gratication

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ReasonsSpending when stressed can make you forget about your problems. Leads to spending for instant gratication.

Are You An Emotional Spender? A test available on credit.com, helps determine if youre an emotional spender. We gave the test to some of the stu-dents we interviewed previously to determine whether they are emotional spenders or not.

- Do you use shopping to relieve stress or escape boredom?- Do you use shopping as a pick-me-up or entertainment?- Do you celebrate by shopping for a treat?- Do you ever shop as a form of retail therapy?- Do you use shopping for social connection? Students that answered yes to a question are considered to be emotional spenders. An emotional spender is likely to spend more money when they use a credit card. They also typically dont have any way of tracking the amount of money they are spending, or a set budget.

Solidify Dene The Opportunity

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Solidify Dene The Opportunity

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Re-evaluating The CriteriaAs SCAD students ourselves, our aim is to tackle a problem that not only our peers face, but one that we do as well. Although there have been some that have at-tempted to solve this issue, to teach college students about the importance of bud-geting and controling spending habits, we feel as though their approach was awed. We believe that as college students ourselves, we understand our target de-mographic, i.e, us, better than the professionals do.

What was the original opportunity?

The Rising Cost of Education

How does it relate to our goals?

It is part of the problem we aim to solve. Our goal is to help and teach college students to budget them-selves.

Why is this an opportunity?

The rising cost of education is impacting more and more stu-dents, both current and pro-spective.

How can we re-frame the opportunity?

Our research and analysis during both the Discover and Examine phases, opened up more areas to consider and address. Since the budgeting issue was the common denominator, we re-framed our opportunity and renamed it Smart Budget.

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Converging and Making Connections

Feelings and Impressions:We have done the proper research, gathered enough information, both of which are key to our success. What we have observed on our excursions to collect the information wasnt surpris-ing. As college students, we know ourselves better than anyone else. We know what appeals to us, and what doesnt. We reframed our original opportunity from The Rising Cost of Educa-tion, to Smart Budget.

The Rising Cost of Education ===> Smart Budget Original Opportunity: Revised Opportunity

After some reconsideration, we wanted our opportunity and book title to sound more captivating. So we created a scenario to help solidify them even further.

45

Consider This Scenario:

One snack from the vending machine costs $1. Students that have reported using it, do so at least twice weekly.

46To be continued...

The average amount students spend on personal expens-es is $250 a month. The students we interviewed reported clothing and technology items as their top and most common purchases.

47

Dening The Opportunity Statement

Original Opportunity

Revised Opportunity

Finalized Opportunity

The Rising Cost of Education

Smart Budget

Smart Pocket

The average amount students spend on entertainment is $150 a month.

Dening The Opportunity Statement

The Rising Cost of Education

Smart Budget

Smart Pocket

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Smart Pocket Mission Statement Our mission is simple; our products will be designed to benet, teach, and improve the budgeting and organization of college stu-dents money. Our products and services will help college students further their understand-ing of the value of money. They will serve as a learning tool and organizer, two things we know as college students ourselves, we can benet from. We aim to be an organization dedicated to young adults and turn their pock-ets into Smart Pockets.

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Book Title:Smart Pocket

Imagine Create Dreams Develop Ideas

Book Title:Smart Pocket

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Create Dreams Develop IdeasOpportunity: Smart Pocket.Target Users: Scad College Students.Purpose: Provide a platform that allows user to manage their budget.

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Primary Concept

Secondary Concept

Initial Ideation

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Logo Ideation => Brand Creation

Wearable Ideation

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Wearable Ideation

Smart Pocket WearableWe decided to prototype a Smart Pocket Wallet that syncs with an electronic application which keeps track of your daily expenses.

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Factors To Consider

Overall Design Size

FunctionalityMaterial

User Interaction

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Overall Design

Simplistic Design

Compartments for:

Credit Cards

User I.D

Cash

Designs to Consider:

Breast WalletBi-fold WalletTri-fold WalletFront Pocket WalletLong WalletWallet BandWrist WalletTravel WalletNeck PouchShoe WalletDigital WalletSide by Side Wallet

To be continued...

Tri-fold Wallet => Oers the most versatility

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Overall Design Size

Courtesy of: telkomgaming.co.za

Small Medium Large

Fits in pocket

Easy to carry

Low theft risk

Pros Cons

Easily lost Fits in pocket

Easy to carry

Low theft risk

Carries more than small wallets

Carries the least amount

Minimal compartments

Pros Cons Pros ConsMore Visible to Thieves More Visible to

Thieves

Hard to t in pocket

Cumbersome to carry

Carries the most

Compartments

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Size Functionality

Cons

Compartments

Space

Accommoda- Flexibility Ease of Use

Decent Size

Cash Card ID

Simple design Conforms to users pocket

Gets better with age Sturdy closure

* The wallets functionality is key for it to be successful.

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Materials

Leather

Canvas

Polyurethane

Velcro

Wallet Body Closure

Zippered

Magnetic

Snap

DurableHeavy Duty

DurableFlexible

- Genuine- Synthetic

Nylon DurableFlexible

DurableFlexible

Popular

Leather has the qualities we are looking for: it is the most popular material for wallets, exible, gets better with time, and is durable. It provides an aesthetic look and feel that other materials dont. Snap closures are the most durable.

Not Durable

Not Durable

Durable

Durable

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Materials User Interaction

Wallet Application

Ease of Use

Syncs to Application

Customizable

Ease of Use

Syncs to Wallet

Unique

Customizable

Simple Interface

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Quick Sketches

Space for cards

Space for cash

Brown Leather

NFC Chip

Space for cards

NFC Space for cash

Folds

Space for cash

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Sequence of UseOrthographic of open wallet: Front View

ID Pocket

NFC ChipCash Compartment

Card Compartments

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Sequence of Use

Folds

Folds

Smart Pocket Wallet Exterior Wallet Features:- Tri-fold- Synthetic Leather Base Design- Multiple Compartments- Medium-sized- NFC chip that syncs with Smart Wallet Application- Customizeable

64User Interface of Smart Pocket Application Brainstorm

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Go Decision Making Detail and Optimization Implementation

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Decision Making Detail and Optimization Implementation

Smart Pocket PrototypingWallet Materials: Synthetic LeatherCardboardGlue Utility Knife

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Application Materials: Illustrator

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Application Materials: Illustrator

Wallet Prototyping:

We prototyped our wallet using synthetic leather and masking tape. We used a design template we drew to transfer the dimensions to the synthetic leather.

70

Wallet Prototyping:Once this design was transferred to the syn-thetic leather, we cut two panels: one would serve as the in-terior, and the other the exterior of the wallet. We used mask-ing tape to temporari-ly hold the wallet to-gether.

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Wallet Prototyping:Once we were satised with the overall design and the layout of the compart-ments on the in-terior of the wallet, we used glue to perma-nently bind the aps together.

Smart Pocket Wallet Feedback

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The feedback we got from students was positive. The overall aesthetics, concept, and wallet layout was appealing to everyone we asked.

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Final Smart Pocket Prototype

Smart Pocket for College Students

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User Interface of Smart Pocket Application Brainstorm

Final Smart Pocket Prototype

Sign Up!

Login

Registration to Save $

75

Registration to Save $First Name:

Last Name:

Email:

User Name:

Password:

School:

Major:

Code:

Submit

I agree to Terms and Conditions

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Profile

Budget

Calendar

Transactions

Settings Help

HOME

Logout 77

Calendar

Transactions

Help

Your Smart Pocket

Bank Accounts

GPS

Management

Connect

School

Home

Parents

Invite Friends

Search

Transfer

Note

Logout

HOME

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MY PROFILE

Name:

D.O.B:

Address:

Institution:

Major:

Graduation Year:

Self Goal:

Email:

User-name:

Password:

Logout 79

We prototyped our wallet using synthetic leather and masking tape. We used a design template we drew to transfer the dimensions to the synthetic leather.

CALENDAR

Earning

Logout

Spending

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Once this design was transferred to the syn-thetic leather, we cut two panels: one would serve as the in-terior, and the other the exterior of the wallet. We used mask-ing tape to temporari-ly hold the wallet to-gether.

MY BUDGET

S e t Adjust C l e a r

Budget: $1,000

Spent: $149.54

Remaining: $850.46

New Cycle Beings in 21 Days

Previous Month This Month Next Month

149.54

Logout 81

Once we were satised with the overall design and the layout of the compart-ments on the in-terior of the wallet, we used glue to perma-nently bind the aps together.

Daily Weekly Monthly

Sunday November 10

Entertainment $32.36

Transportation $30.00

Saturday November 9

Food & Drink $18.16 Shopping $104.24

TRANSACTIONS

Logout 82

Saturday November 9

Food & Drink $18.16 Shopping $104.24

TRANSACTIONS

Display

System

Enable password

Select your language

Select date format

Choose text format

Show Smart Pocket on status bar

Enable Notications

Enable GPS detection

SETTINGS

Logout 83

HELP

Questions:

We welcome any feedback!

Logout 84

Personalizing the ApplicationAfter getting some feed-back from Professor Mi-chael Felix regarding the Smart Pocket Wallet and Smart Pocket Application, we decided to take the user interface of the application one step further and make it customizable. This will both further the customer experience and give the overall packaged product more value. The Experience Triangle

Commodity

Product

Service

ExperienceValue

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Smart Pocket Application on the Iphone- The applica-tion is free to download, but requires the purchase of the Smart Wallet to work.

- The applica-tion requires an access code to begin. The access code comes with the Smart Pocket Wallet.Each walleth-as a unique access code.

- The application has a notication system that can be personalized. The notication system noties the user about their remain-ing balance, spend-ing alerts, and much more.

- The notication system is also linked with the Smart Pocket Application. It allows the user to directly access the application through the Launch icon.

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Scenario Continuation

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Tips: Lets Fix The Piggy Bank 1. Buy or rent used textbooks and sell last semesters books back.

2. Dont make impulse purchases.

3. Never go grocery shopping when youre hungry.

4. Limit the number of times you eat out monthly.

5. Cut out vices smoking and binge drinking are terrible for you and expensive.

6. Always pay bills on time to avoid late fees.

7. If you have a credit card, pay it off as quickly as possible.(Its good to establish credit, but a bad credit score follows you everywhere.)

8. Walk, use public transportation or ride a bike instead of driving a car.

9. Live with others so you can split rent and utilities.

10. Cut out expensive cable packages you dont need.

11. Consider more basic phone packages and plans or plans that include unlimited texting with free incoming calls.

12. Dont buy the most expensive college meal plans. Figure out what you actually consume and get the correlating package.

13. Shop where they offer student discounts. There are so many places that offer discounts to students with a school ID.

14. Look into a campus gym versus a gym in town. Many colleges offer memberships for free or at a reduced rate for students.

15. When planning meals, make dinner with friends and split the cost of groceries.

90

Budget: $1,000

Spent: $149.54

Remaining: $850.46

Tips: Lets Fix The Piggy Bank

10. Cut out expensive cable packages you dont need.

11. Consider more basic phone packages and plans or plans that include unlimited texting with free incoming calls.

12. Dont buy the most expensive college meal plans. Figure out what you actually consume and get the correlating package.

13. Shop where they offer student discounts. There are so many places that offer discounts to students with a school ID.

14. Look into a campus gym versus a gym in town. Many colleges offer memberships for free or at a reduced rate for students.

15. When planning meals, make dinner with friends and split the cost of groceries.

16. Sell what you no longer use or need. There are plenty of stores and web sites, like Poshmark and Craigslist, where you can sell your used clothing, furniture or tech items.

17. Dont buy unnecessary school supplies. Why buy cumbersome notebooks when you can type on your laptop? Its better for the earth anyway!

18. Dont buy books you will only need for a short period of time check them out from the library instead.

19. Take advantage of what your campus has to offer in terms of activities, rather than spend ing money on going out. Many campuses have an array of museums, offer movie nights and other social events for cheaper or, sometimes, for free.

20. Skip expensive Spring break and summer trips look into alternatives.

21. Wait to get a pet until after college a pet can become very expensive.

22. Go to class. Youre paying for it and skipping is like throwing money out the window!

23. Drink water. Its free and better for you, anyway.

24. Make your own coffee. While coffee shops are convenient, they charge hefty prices that really add up over time.

25. Open a savings account that earns interest. Credit unions have fewer fees and are great for students.

26. Use a free tool, like FinAids Student Budget Calculator or the one offered by Mint.com, to keep track of your finances.

27. Never take out a loan for anything thats unrelated to your education.

28. Dont buy music. Use free services like Spotify.

29. Consider becoming a resident advisor. Many get free room & board.

90 91

Nurture Action Planning Implementation

Acceptance and Feedback Fueling The Future

21. Wait to get a pet until after college a pet can become very expensive.

22. Go to class. Youre paying for it and skipping is like throwing money out the window!

23. Drink water. Its free and better for you, anyway.

24. Make your own coffee. While coffee shops are convenient, they charge hefty prices that really add up over time.

25. Open a savings account that earns interest. Credit unions have fewer fees and are great for students.

26. Use a free tool, like FinAids Student Budget Calculator or the one offered by Mint.com, to keep track of your finances.

27. Never take out a loan for anything thats unrelated to your education.

28. Dont buy music. Use free services like Spotify.

29. Consider becoming a resident advisor. Many get free room & board.

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Nurture 93

Looking AheadExpanding the Smart Pocket Line:

During the Imagine Phase, we came up with several ideas: the Smart Pocket wallet, money clip, and phone cover. While we pursued the wallet idea with sketches rst then prototyping a model, we would like to expand the Smart Pocket Line by designing and proto-typing a money clip and phone cover.

Opportunity 1:

Opportunity 2: We created the Smart Pocket Line for the benet of Scad students. With its success, we will now expand our target audience, and include more colleges and universities in the United States. We hope to pursue this mission, and reach all college students around the world.

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Phone Pocket

The idea for the phone pocket is that it is customizeable, and would able to house the phone, while also functioning as a Smart Phone Pocket. It would have all the functionality of the Smart Pocket Wallet, including wireless syncing capability to the application.

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Money Clip

The money clip would also be a customizeable product with wireless syncing capability. It would have all the functionality of the Smart Pocket Wallet, in a more compact and simplistic design.

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Be smart, and choose Smart Pocket.

Stay Tuned!

Customer testimonial: I didnt feel like I needed somebody to look over my finances. I knew that I didnt have the best way to manage my money but I didnt see it as a big problem. Honestly, after I purchased the Smart Pocket Wallet and downloaded the Smart Pocket App I now see how much money I have mishandled just because I didnt looked deep into my finances. There is something about having somebody looking after you

Smart Pocket, located at a store near you!