In 2014, an American internet business produced a bracelet that was intended to shock people out of bad habits like overspending, biting nails, or addiction, according to Sky News.

The Pavlok wristband, based off experiments undertaken by the Russian scientist Ivan Pavlov, works via a progressive system of offenses that ultimately results in a 255-volt shock, according to Sky News.

52 percent of Americans are spending more than they earn, and out of that 52 percent, 21 percent regularly have monthly expenses that exceed their income, and only 13.5 percent of those spenders adjust their spending the following month to get on track, according to

That means more than 80 percent of spenders who exceed their budget are left in debt that gets worse from month to month.

Studies show that the average American spends $1.33 for every dollar they earn, according to

The Pavlok wristband uses a psychologic principle known as classical conditioning. When the spender goes over the credit limit, they will experience an uncomfortable shock and the pain is meant to train them to avoid overspending in the future, according to Sky News.

Men and women overspend almost equally and arguments over money is the number-one contributor to relationship stress and breakups, according to the Shopoholics Anonymous website.

Chelsea Weiman, a junior studying elementary education, said if she exceeds her budget then she usually re-prioritizes her budget and makes the necessary changes.

“I hope people have better self-control and wouldn’t need something to shock them,” Weiman said. “I personally would not use something like that. I think it is unnecessary.”

In many cases, overspending involves more than just bad budgeting skills or poor spending choices, but is something that people need professional psychological help with, according to the Shopoholics Anonymous website.