Money clips were once used by sophisticated men that speaks wealth when its pulled out. Wallets on the other hand wear out over time.

Money clips also do not create a bulge in your shirt or pant pockets such as wallets. They are considered a stylish alternative.

For those who would are at a cross between a money clip and a wallet, consider money clip wallets. These are basically wallets with a money clip that is fitted in the center. These money clip wallets are usually cheaper, sleeker, and a better alternative than a billfold wallet.