Money clips can be made out of anything. Paper clips, rubber bands, you name it and a money clip is made of it.  Designer Scott Amron is trying to dupe people into buying either a $12 pre-made money clip or a $9 DIY kit to make your own. The design is simple: a dollar bill with one end taped with a magnet and the other end taped with a piece of metal.

It folds around your wad of bills as if it is just another dollar among them and it is! This simple and efficient design for a money clip makes me wonder if it would be more rewarding to forgo Amron’s offer of a DIY kit in favor of an attempt to make your own similar concept for a slimmer impact on your budget.

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Bass guitar is a wonderful thing. I’ve been playing since I was about 8-years-old and truly love it. Not everyone is as fortunate as I am to own a bass guitar though, so if you’ve got $5.00, a toolkit, a shoebox and a piece of wood, you’re set for a weekend of jamming out.

According to this Instructables article, you can easily make a pickup for a bass guitar using popsicle sticks and neodymium magnets with a little wiring for good measure. Seems like a great idea for the weekend if you’ve got the time and the guitar.

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The SkyTRX Mini Tracker is the solution for the high-tech stalker. A mountable, small, water-resistant, tracker that mounts using a magnet located on the device. Rather it be for tracking your girlfriends every step or following enemies for sinister purposes, the SkyTRX gets the job done in a discreet fashion.

Powered by only two AAA batteries, the SkyTRX stores up to 100 hours of data, calculating someones location and speed once a second. The 16 channel GPS tracker is accurate to within 2.5 meters with its high-tech built in computer and features a direct to USB connection. Don’t worry about it wasting precious battery power when the subject is parked idly. The SkyTRX has a battery conserving stand-by mode. Animated street level mapping software is included. If tracking or stalking is that important to you pick one of these up for $260. — Andrew Dobrow

Product Page [ThinkGeek]