I finally invested in a new wallet, in due time seeing that my last one had a velcro closure (I KID YOU NOT).
I love the size of this thing. Yes, it's a little on the "husky" side of things, but my philosophy is "the bigger it is the less likely I am to lose it". The wrist strap is also another lifesaver- I hate lugging even the smallest of purses around so this little beauty is truly the perfect ratio. The inside opens up accordion-style allowing you to sort your things and keep cards, receipts, and money separate and organized and easy to find (in theory). I like that the tassels are easily detachable because tassels come and go...
I got mine at TJMaxx for about $20, I think you can get the latest model from Deux Lux here for $65.
(bottle opener keychain from a souvenir stand near Leicester Station in London...I bought about 5 or 6 and gave them out to friends...I should have gotten more!).