The rise of the clutch over the past few years has been well-documented. The tiny handbags are a mainstay on the red carpet, but now it's moving to daylight hours -- Diane Kruger was just spotted carrying a studded beauty that had us drooling.
As purses get more and more compact, and we need less and less junk because it's all in our iPhones, why even carry a bag? Why not just carry a fabulous wallet? No need for the slouchy hobo that is big enough to warrant its own seat in the car or on the subway -- instead, save some cash and invest in a stunning wallet that fits the bare essentials. Bonus: It's the ultimate day-to-night piece, and you can say sayonara to rummaging around thanks to all those tidy compartments.
Here, seven wallets that will have you tossing your tote into storage.