This wallet is a life saver! There are so many times that I can remember losing my wallet. It is such a hassle to have to cancel all credit cards and have to go wait in line at the DMV to get another drivers license. Because of the retractable leash, it gives me peace of mind not only that I haven't lost my wallet, but also for theft purposes. True someone can pull on the leash and cut it, but you'll know right away. I've taken it with me on international trips and I don't have to worry about losing what is most important to me, my identity. And it's not like having a chain attached to it. It's light weight and retractable so there is nothing dangling from your pants or you have attached to it. I definitely recommend this product.