Wallets are like little black holes attracting things which will never escape. Do we really need a loyalty card for every business we visit? Even with the advent of mobile digital technology, physical objects still represent currency or the access to currency (credit cards).Īnd loyalty cards are the bane of wallet carriers. While some still carried money clips, they faded out of popularity. And men began carrying what little they had in hidden places such as a wallet or a folio. The Great Market Crash of 1929 sobered the nation. This both tidied up their money and made them look rich. In lieu of string, they relied on clips for their money. People were beginning to amass wealth and they needed a way to both carry cash and show it off. It wasn't until the early 20th century that the money clip came into being. With a need to carry bills around, you would think the money clip showed up around the same time as the dollar bill.

And from then on paper money evolved as the United States formed and founded first a National Bank and then a Central Bank in 1781. These ranged from 20 Pounds to 1000 Pounds.ĭuring the American Revolution, the Continental Congress began issuing paper money to fund the war effort. In the 18th Century, the Bank of England began printing partial notes. And most people relied on a coin purse to carry their wealth with them when needed. Printing presses were used to make large volumes like Bibles and the like, not mere certificates.Ĭoins were the only real method of carrying around and counting wealth. And while, yes, we can point to some small uses all the way back to 7th Century China, bank notes didn't really take off until the late 17th century.Īnd even then, bank notes were handwritten. You'll just have to scroll on down to find out. In fact, Tony Robbins, life coach for the most powerful and rich, carries three $100 bills in a money clip. It's a called a money clip, and it's been an accessory in the pockets of many great figures both real and fictional.

What if there were a way to keep your money and a few credit cards without taking up so much space?

But do you really want to wear a bag at all times? If you're a woman, you might own a purse, and then your wallet is secure. If you put one in your back pocket and hop on a bike, they either fall out or jab into your rear end.

Money clip