10 Best Men's Wallets | December 2016
- comes in a luxurious black gift box
- soft leather isn't very durable
- cannot hold a lot of cash
|Rating||4.1 / 5.0|
- pull-tab design for quick access
- ideal for carrying business cards
- wallet feels rather stiff
|Rating||3.5 / 5.0|
- prevents crushing of credit cards
- rfid blocking technology
- it's a bit on the bulky side
|Rating||3.7 / 5.0|
- fits comfortably in any pocket
- adjustable-tension money clip
- interior fabric is rather flimsy
|Rating||3.8 / 5.0|
- durable vegetable tanned leather
- passport and air ticket pocket
- cannot fit in pants pockets
|Rating||4.4 / 5.0|
- 100 percent waterproof
- conveniently machine washable
- slim design limits capacity
|Rating||4.3 / 5.0|
- has a very modern look
- has a smooth silky feel
- won't ever get stained or scratched
|Rating||4.3 / 5.0|
- internal money clip holds 5 bills
- top grain oil tanned leather
- handcrafted in the usa
|Rating||4.7 / 5.0|
- simple tonal stitching
- leather has a distressed look
- has a convenient slim silhouette
|Rating||4.6 / 5.0|
- dual billfold design
- very durable construction
- breaks in nicely after some use
|Rating||4.6 / 5.0|
The Psychology Of Your Wallet
The psychological state of a person is a large factor in their financial decisions and, more often than not, their entire life. The relationship a person has to money will often pervade every aspect of their financial life; from buying decisions to family vacations, even how much of a tip they leave at the diner.
By cultivating a better understanding about our mindset towards wealth, humans can learn to consciously steer their purchasing habits and larger financial goals to create the most out of life.
There are two basic attitudes towards wealth; positive and negative. The positive wealth mentality expresses itself in acts of generosity, joy, expansion, and playfulness. At the very core of this mentality, the use of wealth is not self serving; rather it is service oriented. Money use influenced by this positive side of wealth serves a higher principle beyond the accumulation of things.
Living a better quality life, providing for someone's well-being, or making large charitable donations are examples of the positive side of wealth. A person with a positive attitude towards wealth realizes that there is a nearly infinite amount of resources.
The negative side of wealth is often expressed through the idea of scarcity. When wealth is viewed negatively, there is never enough of it. The negative attitude towards wealth is often restrictive, competitive, suspicious, arrogant and is always self-serving. Even acts of charity of goodwill are often secretly performed to make themselves look better.
This state of mind can actually cause stress hormones to increase throughout the day. Often people who are otherwise highly capable sabotage their own efforts by holding a negative attitude towards wealth.
Men's Wallet As A Status Symbol
As an item, a man's wallet is a purely practical thing. It holds his identification, money, debit and credit cards, as well as various business cards and auxiliary items such as notes, receipts, and lottery tickets. In western society, a wallet is much more than this. A wallet and its contents are symbols of wealth and status in society, and may be conveying more to others than you think. A wallet is a glimpse into a man's attitudes about money and the way they carry out their lives.
Studies have shown that poverty affects cognitive function, but the effects may not stop there. A mentality of poverty can actually affect how a man relates to money, making it more difficult to generate wealth.
The type of wallet as well as its contents may provide a glimpse into the mentality of man. Bi-fold wallets are comfortable, and tend to convey the idea that the man enjoys this comfort. The tri-fold wallet symbolizes someone who likes things secure and safe. Clean wallets with no logos accent a man who is self-assured, whereas scruffy, worn out wallets tend to symbolize a man's fear of letting go.
The contents of a wallet are another indicator of a man's status. Many large denomination bills in a new wallet may be a sign of a healthy, wealthy man. A wallet which is stuffed with credit cards shows the man does not understand his limitations, or would like to be in a spending class that he is not.
Assorted bills, coins, and receipts smashed into the same pocket shows no care for money. This man likely has erratic spending habits and no financial plan. An organized wallet, with cash segregated in the order of denomination, signifies a man who always has a plan. This can be a negative thing as well, as these men may even schedule their fun.
What Preferred Payment Style Reveals About Personality
The state of a wallet may speak volumes about a man's personality, but his preferred payment style will tell you about his attitudes towards how money is spent. There are three basic worries that easily separate into three classes of spenders. These worries are budget, security, and trends.
Trendy spenders prefer the form of payment that is new and cool. They are often young, and tend to use whatever payment system is easiest. App-based payments and transfers are preferred by the trendy crowd, and if they must use a standard form of payment, it is likely a credit card. These people believe it is easier to keep track of payments when they avoid cash altogether. Often, these spenders will avoid bank branches, completing all of their banking online.
Spenders who worry about security take a different approach to spending. They likely carry an RFID blocking wallet to avoid skimming, and will always desire the safest form of payment. Security spenders lean towards credit card use over any other form of payment. Things like check fraud, losing cash, and identity theft play heavy on their minds when spending.
The budget spender is more worried about actually spending money than anything. Their payment choices reflect this notion. Budget spenders avoid new methods of payment as a way to limit their spending, and prefer cash or debit cards over any other method of payment. Though the list is not definitive, most spenders reflect habits from at least one of these categories.