Every style guru will insist that you carry only the bare essentials in your wallet because every man's wallet should be slim and sleek. Often, a money clip is suggested as a stylish alternative. Many guys who took that suggestion and ended up with a money clip found themselves fumbling with stray credit cards and IDs.

A money clip wallet looks like a typical billfold wallet except that it's thinner. It's thinner because it doesn't have any bill compartment and it doesn't have any side pocket. Other than the money clip that runs through the center of the wallet, it usually has credit card slots on both sides of the wallet.