I bought this for a european trip as a money belt and it does a good job at that.  you can squeeze 8-10 bills in it depending upon the currency.  However, this belt has become my daily belt.  I have been wearing it pretty much every day for 4 months and it is holding up well.

edit
Its now been a year and the belt is still as good as new.  I wear it every day and it shows no signs of wear.