Decoy Wallet: Last week we discussed cash-carrying tips and tricks, including a tip to not make your wallet easily accessible or visible.
Another way to fend off potential losses in the form of theft is to carry a decoy wallet. By having a wallet with a little bit of cash (this could be your spending cash for the day) plus a few cards that you don’t mind losing or which are duds (like video rental memberships and inactivated credit cards), you have something expendable should you be involuntarily parted with your wallet.
Your perpetrator won’t know the cards are useless until they’ve made their getaway, and you won’t have lost all your cash by handing over a “real” wallet with everything in it.
Just don’t look too enthusiastic or smug when giving it up!
Although you can make your own decoy wallet, beware of what card you use. For example, even inactive/expired credit cards contain private information you might not want to part with. For an alternative option, check out these ready-made Decoy Wallets!
Here are some more tips about how to design and carry a decoy wallet, plus some stories of those who have “been there done that” in the decoy wallet and theft department.