Have you ever reached for your wallet to only find that it was not in your pocket or purse? There is no worse feeling than this. After all, the wallet is what holds your cash, credit cards, photo identification, insurance cards, and sometimes even your social security card too. So, when you lose your wallet, there is no telling how much trouble it can cause you. If it turns out that someone stole your wallet, they could spend all your money and even take over your entire identity. Once that happens, it could take years to clear up the damage they do to your credit and bank account.