Handbags and wallets are two accessories that accentuate a person’s fashion game. Both these products come in varying types and sizes, and sometimes, people get confused about the purpose of both. Handbags and wallets differ not just based on functionality but also on purpose, capacity, style, and various other parameters. So keep reading to understand these accessories’ types and features better and learn how they suit each occasion and need.

Handbags
A handbag is a functional type that has sturdy handles, multiple pockets, and compartments to store items. One can carry them on the shoulder, and they also come with a snap closure. Multiple compartments in handbags hold items that differ in size, use, and weight. The size of such bags can vary, but mostly, it is large, open, and wide. Additionally, handbags are used on official occasions because you can carry too many items in them. Nowadays, you can find super stylish ones that are useful and help you make a fashion statement.

Wallet
A wallet is a holder in small sizes that one can use to keep coins, cards, and money. However, of late, wallets have undergone an upgrade to hold items like cell phones, ornaments, etc., besides other small items. One can easily tuck a wallet into the jeans pocket, and it is a practical solution for storing items like a driver’s license and a credit/debit card.

Types of handbags and wallets
Some of the most popular types of handbags and wallets are listed below.

1. Backpack– A backpack purse is a bag that comes with two shoulder straps. It is smaller than a standard backpack, making it look younger and casual. It is excellent for everyday wear but is too informal to carry with business suits.
2. Belt bag– A belt bag is a hands-free wallet that wraps around one’s waist and has a buckle. These are structured, versatile, and more formal.
3. Basket bag– It is made up of extremely thin pieces of wood woven together into an enclosed shape. These bags are fun and can be added to a casual outfit.
4. Crossbody bag– A crossbody bag is a versatile and popular handbag. It has a long shoulder strap that one can wear across the body and can be paired with casual or business outfits.
5. Trifold Wallet– They are wallets with three flaps or sections, unlike the normal wallets that offer two. This design provides extra space for users to keep cards and other essentials.
6. Clutch– They are small and thin and come without a handle. It appears similar to a wallet, though bigger, and is a go-to option for formal occasions and comes in various styles. If a clutch is large, it can even accommodate laptops, making it a good alternative for a laptop bag. This accessory falls under the category of handbags & wallets for offices.
7. Messenger bag- A messenger bag is a rectangular shoed one with a flap that fastens over the top and a long shoulder strap. Originally this bag was designed for couriers to use to transport bulky goods. These are great for business use too.
8. Satchel– It is similar to a messenger bag and features a long shoulder strap and a flap, but the satchel is thinner and less structured than the alternative.

Difference between a handbag and a wallet
The term wallet refers to a tiny bag that keeps small but essential items like money. However, the word handbag was established as the accessory women carry on their shoulders to safeguard all the essentials. One can even keep wallets inside pockets or handbags because of their small size. Though handbags and wallets for women are used to store personal belongings, they also make users look stylish and set the tone about how they wish to present themselves. Nowadays, a luxury handbag is also a style symbol. Both accessories differ in size and the purpose for which they are used. While handbags are preferred for the style factor, wallets focus on utility.

In recent years, fashion trends have changed faster than before. The same thing holds true for bags. One can find different categories of handbags and wallets for men in the market. Wallets are considered a must-have for men. It is helpful while keeping valuable items like credit cards, debit cards, cash, driver’s license, identification documents, photographs, passports, etc. More than a fashion accessory, men keep wallets for utility purposes. Therefore, the next time you go bag shopping, be aware of the different types of these accessories, their features, and their utility, and purchase that best fits your needs and preferences.