4 Different Types of Wallets to Help Organize Your Spending

4 Different Types of Wallets to Help Organize Your Spending
  • Opening Intro -

    Money isn't easy to keep organized, especially if you like keeping a lot of bills on hand.

    However, fortunately enough, there are quite a variety of wallets you can use to help organize your spending.

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Below, are the four main types of wallets that you can use to organize your money, debit and credit cards, checks, etc.

Why You Should Carry a Wallet

Keep a wallet on hand is essential to prevent your money, checks, credit cards, or identifying information from going missing from your bag or pocket. Although they may cost more money than simply placing it in your pockets or backpack, it’s a much more secure and careful way or organizing your money. Even though everyone mostly carries cards nowadays, it’s still important to keep a wallet on hand to place all your cards in. Even one lost card can end up costing you hundreds of dollars.

Bi-Fold Wallet

The bi-fold wallet is a classic and offers the simplest of wallet structures. To access your money and cards, all you have to do is lift a single flap, which contains your ID and other identifying documents. This wallet design is also the most popular used, mainly due to its slim design. So, if you’re looking for an easy and simple way to organize your money, cards, and receipts, going with a bi-fold wallet is your best bet.

Trifold Wallet

Similar to the bi-fold wallet, the trifold wallet is a common design that’s popularly carried by men. This wallet design is ideal for individuals that own a lot of credit cards or carry a lot of cash on hand. However, just keep in mind that it won’t offer you the slim style a bi-fold wallet does. Another disadvantage trifold wallets cause is a slight bulge in your pocket. So, if you’re looking for a slimmer wallet design that won’t show that you’re carrying a large amount of money, we suggest you look at other variety of wallets.

Hybrid Slim Wallet

If the slimness of a bi-fold wallet caught your eye, you’re going to enjoy the hybrid slim wallet. This style of wallet is fairly new and favored by men who don’t prefer bulged pockets. Usually, they’re made from a polycarbonate body, surrounded by a silicone band. Sure, you may not be able to secure as much money or cards as a trifold wallet, but they’re lighter and more stylish to carry.

Checkbook Wallet

If you’re in the older variety of men and prefer writing checks to carrying cards or cash around, this might be the wallet for you. A checkbook wallet, as it says in the name, allows you to carry a checkbook around. However, it also can contain your passport, extra cash, and a few credit cards as well. Usually, people who travel enjoy this type of wallet because it easily fits a wide variety of currencies. It’s also commonly known as the breast pocket wallet because it’s usually placed in the breast pocket of jackets.

Buying a Wallet

So, how do you know what kind of wallet to buy? We suggest considering what kind of money, cards, and identifying information you carry with you. If you enjoy carrying a lot of extra spending money on hand, we suggest going with a larger wallet, such as a trifold wallet. However, if you carry less with you, we recommend choosing a slimmer wallet, such as a bi-fold wallet. In truth, it’s all up to preference, so your next step is to start looking up wallets, size them to what you carry, and determine what would be the best fit for you.

Everyone has their style and way of carrying money on their person. Hopefully, this guide could help you find a better and safer way to carry your money, such as in a secure wallet. After all, the last thing you want to do is lose money because you shoved it in your back pocket. It’s crucial to keep you hard earned money in a safe, secure place that won’t cause your credit cards, cash, or ID to go missing.

Consumer Tips reference:

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Last update on 2018-11-17 / Affiliate links / Images from Amazon Product Advertising API

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