Every wallet has to be substituted with a new model in due time even if it is made of leather. Wallets are an expedient method of storage which people find essential and which they take great pains in deciding before purchasing a new one.

Every factor from its design, style, size and, most importantly, its material are all taken into consideration by the potential customer. Surprisingly, it’s not only women who pay attention to detail when it comes to choosing a hard-wearing, practical and trendy wallet. Significantly if one takes into deliberation the wide range of brands and prices in today’s market, the definition of an “ideal” wallet will vary from person to person.

Since carrying currency is no longer a requirement for some people, they would prefer celebrity wallets with only debit or credit card compartments, while others, who would opt for the conventional currency, would choose wallets having the vital money pockets.

However, people unfamiliar with the wide selection would be so bewildered in their haste to buy a new wallet, that there would be greater chances that their purchase may not fulfill their requirements. Thus, it helps knowing the simple variety of wallets available before getting a new companion for your pocket.
Firstly, wallets having a single fold are known as bi-fold wallets. This variety is simple to open and highly flexible to organize. A few contain smaller compartments for keeping coins or small items. The billfold design, which is sleeker than the bi-fold, may also have some special security pocket and a flip-out ID carrier and one can carry currency, credit cards and other cards.

People who wish to separate their checkbooks from their cash and cards may opt for a checkbook wallet design. The wallets which are designed to be included in your trousers front pockets are known as front pocket wallets, a slimmer re-design of the bi-fold type. It is tricky for pick-pockets to steal these wallets without catching the owner’s attention.

People who have to often flash their identity cards can go for ID wallets, which are convenient for them as they have transparent vinyl compartments, which makes everything clearly visible.

Another type, the money clip wallet, is designed for people who need to have their cash easily accessible without wasting time searching inside their wallets compartments.

Finally, tri-fold wallets are preferred by people who require space to accommodate their money, business cards, credit cards, checkbooks, etc as this is most convenient for them.

What texture you like can also be important in selecting a wallet. Many men prefer wallets made from leather because of its hard-wearing and durable nature. Many women keep their wallets in their purse so their wallet is subjected to much less motion stress than a wallet kept in a man’s back pocket. Canvas wallets are also popular, especially among designer label manufacturers. The logos can be boldly emblazoned on the canvas and it holds up almost as well as leather.