Money Shredding Alarm Clock Proves That Time Is Money (VIDEO)

Ever have trouble getting up? Well you know what they say: "time is money".

In this case, literally.

A new customised alarm clock has been designed to shred money if you fail to wake up.

Designed to inspire a bit of morning energy from even the laziest of sleepers, the machine ruthlessly slices up your hard-earned cash if you fail to get up and turn it off.

Made by a Mr Rich Olson at Nothing Labs, the clock has hacked together from a few simple parts including a Sparkfun Clockit and a USB paper shredder.

It's based on a slightly more elegant (but also purely conceptual) design which hit the web a few years ago.

Take a look at the device in action, above.

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