A wallet is very handy keeper of personal items such as pictures, cards, coins, and most especially paper money. There are many types of wallet available in the market today, depending on the use, the type of material, and the design. The usual folding wallet contains a transparent film for the picture, a few pockets to keep discount or specialty cards, a button pocket to keep the coins, and a wide pocket for the paper money.

And then there’s money clip: made from a steel flattened into two folds to form a clip. It is available in different sizes of silver or chrome-plated steel. However, compared to a wallet, a money clip has only one use: to clip paper money.