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Crash, bang, wallet: why downsizing your card-carrier is a great idea | Jess Cartner-Morley

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A big, bulging wallet used to be a status symbol. In our post-cash society, a dinky, stylish ‘wallette’ makes much more sense

It’s time to downsize your finances. I mean a permanent cutback, not just a post-Christmas squeeze. But this isn’t about tightening your belt; it is about shrinking your wallet.

These days, my wallet is more of a wallette. It is a glorified cardholder, really: just bigger than a credit card, with slots for swipecards and driving licence and the few store cards and membership cards that haven’t yet migrated to my phone. There is a press-stud compartment for cash, although I use this infrequently. In lipstick-red grained calfskin leather, with gilt YSL lettering, my wallette still has an air of importance. But it is a shadow of its former incarnations.

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