As sterling collapses, hoarding it has never been more important. Whether it’s for a first home or a dream holiday, we scrimp and save only to spend and splash. Money really does make the world go round.

Which is why storing said cash shouldn’t be an afterthought. It’s payday Friday. You head to the ATM, guarding your pin like Trump does his tax return, only to shove your loot into some bulging pocketbook, stuffed with defunct Blockbuster memberships and a loyalty card for a coffee shop that shut down three years ago. Your hard-earned cash deserves a better home.

But what exactly constitutes ‘better’? Well, the fabric should be hardwearing – leather if your budget stretches, reinforced polyurethane if not. A wallet needs to withstand pub tables and back pockets on the daily.

Plus, think about what you really need. If you just can’t let go of those store cards, then they need slots. If you’re the kind to still carry change, a dedicated pocket will stop it falling out of your actual pockets (and ruining your trouser linings). And, if your workplace is tighter than Fort Knox (or you’re lucky enough to fall foul of ‘think 25’), a translucent ID fold is a must.

Which just leaves the task of finding the right one. And, contrary to popular belief, you can buy a decent wallet and still have something left to slip inside it.

Tommy Hilfiger Leather Bifold Wallet

If you prefer quads to street corners, Tommy Hilfiger is a solid choice. The tri-tone logo packs a preppy punch, while multiple slots can hold every AmEx.

Available at Tommy Hilfiger, priced £45.

Tommy Hilfiger Leather Bifold Wallet

Calvin Klein Wallet Leather 8CC Slim Fold

Nobody does minimal like CK. And while you wait for Raf Simons to take the helm, you can satiate your appetite for the simplistic with its 8CC slim fold design.

Available at ASOS, priced £45.

Calvin Klein Wallet Leather 8CC Slim Fold

River Island Brown Leather Three Fold Wallet

River Island’s three fold wallet is on the money, with multiple card slots, integrated coin purse and a dual note compartment. Function, at a fraction of designer prices.

Available at River Island, priced £15.

River Island Brown Leather Three Fold Wallet

Bottega Veneta Intrecciato Billfold Wallet

Luxury Italian house Bottega Veneta is famed for its intrecciato leather weaving, a technique so iconic that its wallets don’t even need a logo. Understated trumps trendy.

Available at Mr Porter, priced £295.

Bottega Veneta Intrecciato Billfold Wallet

Aspinal Leather Cognac Wallet

Leather experts Aspinal of London are a British brand through and through – no flash, just pure craftsmanship. Which is why they’ve been the go-to choice of several royals, including Kate Middleton. If it’s good enough for the Duchess of Cambridge, it’s good enough for a pleb’s fiver.

Available at Aspinal of London, priced £95.

Aspinal Leather Cognac Wallet

Nike Black Essential Wallet

Buying timeless is economic. But it isn’t as fun as trends. As both sportswear and nineties trends reach their apex, jump on the bandwagon with a Nike wallet befitting of a weed dealer circa 1993.

Available at Debenhams, priced £10.

Nike Black Essential Wallet

Barbour Standard Wallet

Read what you will from the title, but the Barbour Standard isn’t average. Some don’t need heavy appliques to their wallet – just sound construction and ample room. The British brand offers both in abundance.

Available at Barbour, priced £59.95.

Barbour Standard Wallet

Fred Perry Scotch Grain Wallet

It isn’t all tennis whites and collabs for Fred Perry. As the Scotch Grain Wallet proves, it also serves up strong accessories, with simple design and recognisable branding. Game, set, match.

Available at Very, priced £35.

Fred Perry Scotch Grain Wallet

Gentleman’s Hardware Travel Wallet

Battling sunburn is bad enough. But losing your wallet abroad too? The Gentleman’s Hardware travel wallet fills in when your Saint Laurent is on staycation, with pockets for your passport and plane tickets as well as your cash. Now you’ve just got your mobile to worry about.

Available at John Lewis, priced £20.

Gentleman’s Hardware Travel Wallet

Herschel Supply Co Roy Wallet

Unless you’ve got enough pockets to allocate individual items to each (in which case, it’s time to lose the cargo trousers), a key scratch on a leather wallet is inevitable. Unless you go canvas. Herschel Supply Co’s iteration may lack the luxury of premium fabric, but it sure is durable.

Available at Urban Industry, priced £19.95.

Herschel Supply Co Roy Wallet