Do you remember the Seinfeld episode with George Costanza's wallet. He stuffs it with so much stuff, most of it useless, that he begins to have back problems. He has everything in there from all his major credit cards to receipts to dry cleaning tickets. While extremely funny, there is a lot of truth in that episode.

Wallets have become the male version of the pocket book. We have so many folds, slots and pullouts that we use our trusty wallets to carry the written record of every event in our life. 95% of the things in your wallet are useless. So before you develop a back problem too, here are 5 reasons to start using a money clip instead of a wallet today.

1. Consolidation. Most of the items in your wallet are useless. How about forcing yourself to get rid of them. You'll have no room for such a waste of space with a money clip. The only things you'll want to put in your money clip are a few bills and a couple of major credit cards.

2. Style. Money clips are quite simply the cool new way to carry your money. From Hollywood movie stars to corporate executives to pro athletes, money clips are at the forefront of men's fashion. They are sleek, streamlined and very hip. This isn't your grandfather's wallet!

3. Versatility. With so many different styles of money clips on the market today, why settle for a boring wallet. Let's be honest, every wallet looks the same. Maybe you change the color from brown to black or you add an extra fold but that's about it. With money clips, you are only limited by your imagination when it comes to style.

4. Ease. How many times have you been fumbling at the checkout counter trying to remove some bills from your bulky wallet? Countless, I bet. Wallet's are not very user friendly at all. A money clip on the other hand is so easy to use, you'll have to watch yourself to make sure you don't spend money too fast! A simple folding of the bills and your cash slides right in and out with a simple tug or push

5. Personalization. Many of today's money clips can be engraved with your initials, your name, a date or even your company title. Try that with a wallet! Seriously, this is a great way to make a money clip truly yours. Its even better on a gift What better way to show you've put thought into a gift than by personalizing it to the recipient.

Still not convinced? Well, I can talk all day about the advantages of a money clip as opposed to a wallet but until you try it for yourself, you'll never know. That leads me to the final, bonus sixth reason to purchase one. You can find them so inexpensively, that it wont' cost you an arm and a leg to test one out. You can always upgrade later on but you can pick up a nice inexpensive money clip for under fifteen dollars to test the waters. Trust me, you won't be disappointed.