Whenever I pull out my wallet for another $8 deli sandwich, I shudder to think about the cumulative cost. Just two per week and I’m more than $800 poorer by the end of the year.

But what if there was an app on my phone that alerted my financial adviser when I’d reached a certain level of restaurant spending? What if the same app pinged him when I booked my family on one of those new flights to Cuba? At the very least, these updates could spark a conversation about how I was undermining my retirement investment plans, or college savings plans. I might become more mindful, and my adviser would have a better sense of what he had to work with.

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