Gift of the Day: Money Management

Money ClipBuying a gentleman a wallet is one of the riskiest undertakings a gift-giver can attempt. They (we) tend to be extremely particular about how they carry around their money, and that is one of the reasons we offer so many different types of billfolds, breast pocket wallets, ID wallets, money clips, and credit card cases on our site. And it’s still not enough. For every wallet we sell in the store, there is at least one customer we disappoint because we don’t have some specific wallet configuration that hasn’t been made since the Eisenhower administration.

There is a superstition associated with giving a wallet to someone that should make this an even more interesting gift. Tradition says you should never give someone an empty wallet. Superstitious people that we are, we offer to include a crisp $20 bill in any wallet that is being gifted. That extra level of service costs you only the value of the bill.  

A basic rule for gifting a wallet is: Replace what he already has. If he carries a billfold, get him a billfold. Don’t listen to a sales person selling you a cool tri-fold with an ID window and a built-in USB drive if that’s not what he’s using today. Change is scary. For most men, this is especially true of wallets. 

There are a number of reasons why wallets make a great gift:

  1.  100% of gentlemen use a wallet, money clip, or both. Those that roll their bills with a rubber band are not gentlemen.
  2. Chances are he is in need of a new wallet. If you think about it, wallets get more use than just about anything else in or on his dresser. It’s with him everyday (hopefully, the same pair of underwear or socks are not). It takes abuse: sat on, dropped, opened, closed, opened & closed some more, thrown in a drawer, tossed on a counter, overstuffed with receipts. The life is hard for a wallet.
  3. A well-made leather wallet like those available on our site should last years. More than 2 or 3 assuming reasonable use (we’re looking at you, George Costanza). An alligator wallet can be expected to last 8-10 (my own just turned 5 and looks as sexy as the day I met her).
  4. You can personalize it. We offer free engraving on every M-Clip money clip, and free debossing on any leather wallet.

To reiterate: gifting a wallet involves high risks and high rewards.  Nail it, and you’ll be a superstar. Fail, and the wallet will likely end up in the top drawer of his dresser until he has a buddy he can re-gift it to. Choose wisely.

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Wingtip Founder & CEO, Ami Arad is the quintessential modern gentleman. He has distinctive taste, an eclectic style, and dresses for every occasion. Ami developed his vision for Wingtip at a young age; even back in high school where four years of speech and debate meant weekends wearing a coat and tie, he was in his element. Years of working in upscale men’s clothing stores and socializing in cigar shops, coupled with his entrepreneurial spirit, inspired Ami to develop Wingtip, a men’s specialty store and private social club.