Unlike with credit cards, where the cardholder is not out any money while fraud is being investigated, ... taking them out of your wallet when they are not needed, she says. About the author.

Taking these five steps to get organized can help you take charge of your wallet and your finances: Clean out the Clutter Go through your wallet once a week - or at least once a month.

You wouldn’t take money out of an ATM without a place to store it. The same goes for buying bitcoin. Before purchasing your first coins, you must have a safe place to keep them.

That may take the "impulse" out of impulse buying but according to Bodge, it needs to. "We can't be such impulse shoppers anymore because everything is so much more expensive," she said.

What to take out. Focus on minimizing the danger that a stolen or lost wallet would put you at risk of identity theft.Here’s what definitely should come out: ...

Decluttering your wallet can give you a quick sense of accomplishment in the new year. You can check a task off your list and feel more organized and safer. A… ...