The Definitive Guide to Money Clips

A money clip is a device, most often made from metal, that is used to store cash and/or credit cards in lieu of a wallet, or in addition to one. It’s favored by men who do not want to carry around a bulky wallet and prefer the compact style. They have been around for hundreds of years, for as long as there has been paper currency, man has been inventing different ways to help keep track of it.

A money clip is generally made of one piece of metal, stainless steel in many cases, that is folded back over in half so that bills and cards are held wedged in the middle between the pieces of metal. There are other metals that are used to make money clips such as gold, silver, platinum, titanium, and in some rare cases carbon fiber is used. These are all considered luxury items and are often given as gifts for groomsmen for appreciation for their participation in the wedding ceremony. They are also excellent additions to any man’s formal wardrobe and look right at home in a business setting.

Using a money clip adds a touch of class to your look, but there are a few drawbacks to using them. Since they are in general rather small in size, there is a limited amount of cash you can carry with them. Because they are held in a pants pocket or coat pocket, they are subject to being lost and in the process, you’ll lose all of your cash as well. Depending upon the design of the money clip, it may also be difficult to push money inside the clip itself. The manufacturers of money clips have responded to these issues with new and innovative products.

For those looking for a money clip that can hold more cash, carbon fiber money clips are now available. Manufacturers of carbon fiber money clips use an advanced molding technique to make them strong and highly durable. The strength of the carbon fiber allows them to be opened beyond parallel without harming the integrity of the money clip, allowing them to hold more bills and credit cards than a tradition model made from metal. Carbon fiber money clips also hold several other advantages that are making them more popular. They can be kept in your pocket while you pass through scanners at either the airport or at a sporting event, sparing you having to empty your pockets before passing through them.

Another type of money clip that has become popular in the last couple of decades is the magnetic clip. A magnetic money clip features a pair of round or rectangular magnets that are encased in leather. Between the two magnets is a small piece of leather that separates them and allows them to swivel between an open and closed position. There are also hybrid magnetic money clips on the market that features three magnets and two pieces of leather. These also have a larger carrying capacity then the conventional metal money clips but they do have one strong drawback. Magnetic money clips cannot be used to carry credit cards since the magnets may distort or even completely erase the magnetic strip of the credit or debit card, rendering them useless.

Yet another type of money clip that has evolved to meet the changing needs of the public is a money clip wallet. They are designed to hold credit cards safely as well as cash and often feature a small wallet with the money clip attached on one side.

As far as design, money clips have as many as the imagination can behold. You can get them in silver, gold, platinum, titanium, and most designs with these fine metals tend to be conservative in nature. If you want something just a little bit different you’ll find money clips with watches, money clips which can be personalized with your initials, and money clips with diamonds inserted. As far as shapes, you can find the unusual represented with money clips that are shaped as key rings, and they actually work too. If you’re in need of some extra luck, you’ll even find money clips in the shape of a horseshoe.

Money clips are a great way to show off your individual style and taste. Get one today and dazzle your lady friends when it’s time to pay the dinner tab.

-Pete

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