How To Find Your Lost Wallet - Chipolo (2024)

How many times a day do you take your wallet out of your pockets? And how many times a day do you look for it, because you forgot where you put it?

Your wallet is one of the top 5 items you are most likely to lose and in a survey conducted by MoneyTips, 6 out of 10 people reported losing their wallets in the last 12 months.

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Realizing you lost your wallet will immediately increase your stress levels but try to stay calm and use one of the below techniques to try and find your missing wallet as soon as possible.

4 Tips on how to find your lost wallet

1. Close your eyes and take a deep breath

Calm down and clear your mind by taking a few deep breaths before you start searching. This will slow down your heart rate and lower your stress so that you can focus on the task of finding your missing wallet.

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2. Create context

Think about the last time you remember seeing your wallet. Paint a mental picture with as many details as you can remember and think about what you did next.

Did you go for lunch? Maybe clear your desk? Think about the specifics and let your mind sort through the details of your day for something useful.

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3. Check the usual spots

We’re creatures of habit, so chances are your wallet is just a few inches from its usual spot, buried under some papers or your clothes.

Check the most common places where you put your wallet down and clean the clutter around it as you go, to make sure you don’t miss any hidden spots.

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4. Widen the search area

If you still can’t find your lost wallet, widen the search and systematically move your search from one room to the next.

Move bags and pillows, check the fridge and drawers, search every pocket on your backpack and your clothes.

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How to prevent losing your wallet?

There are some brain training techniques you can do to boost your mental abilities, including remembering where your wallet is.

A) Take a mental picture

The next time you take out your wallet, be conscious about where you put it and make a mental note about its new location and nearby objects.

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Make it even easier to remember by actually saying the location of your wallet out loud, for example: ‘I put my wallet in my blue backpack.’

B) Get a good night's sleep

You’ve probably heard this one before but getting a good night’s sleep is crucial.

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For over 60 years, scientists have been conducting experiments about the effects sleep deprivation has on our memory and the results have always shown that lack of sleep affects our ability to remember, not only when it comes to our surroundings but also in other areas where memory is crucial.

Getting enough sleep will improve your general wellbeing, which also includes your memory.

C) Train your brain like a muscle

Technically, your brain is not a muscle, but exercising it like one will improve your brain function and reduces the risk of cognitive-related diseases.

Here are a few common ‘exercises’ you can do to help your brain power grow stronger:

  • Have a stimulating conversation about challenging topics
  • Read a book
  • Do crossword puzzles or a sudoku
  • Keep learning new things

D) Chunking

Chunking is taking individual pieces of information and organize them into separate groups based on their shared characteristics.

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For example, you can run through a short mental to-do list every time you step out the door:

✔️ Wallet ✔️ Keys ✔️ Phone

It will save you precious minutes every time you go somewhere.

By grouping individual chunks, you basically organize your general mental to-do list into smaller, more manageable lists that you can remember more easily.

E) Use a wallet tracker

This one’s a bit of a cheat since you’re not only using your brain, but it’s a good accessory for anyone that can’t rely on their brainpower alone.

A wallet finder connects to an app on your phone using Bluetooth and the connection usually works both ways, so you can then keep track of your phone as well as your wallet.

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The Chipolo CARD wallet finder also offers a few additional helpful features.

You can set up range alerts to prevent yourself from leaving your wallet behind in the first place or you can share your wallet tracker through the Chipolo app with your loved ones so that if your wallet does ever get lost, they can help you search for it.

F) A designated spot for your wallet

Daniel Levin is a neuroscientist who came up with a simple tip that can help you keep track of the things you move around the most, like your keys, your phone, your wallet or, in his case, his passport.

In his TED talk, he suggests that you designate a place in your home where you keep any objects that you misplace the most.

Bonus tip: An ounce of prevention...

We believe that the above suggestions will help you keep your wallet safe, but just in case, you should take a photo of your ID, your driver’s license and your credit cards. It will save you a headache or two if your wallet does go missing and you have to replace them.

How To Find Your Lost Wallet - Chipolo (2024)

FAQs

How to find wallet with Chipolo? ›

Open the Find My app on your iPhone or iPad, tap + and "Add Other Item (+)". While the Find My app is searching, press your Chipolo CARD Spot once and you will hear a beep. After the setup, you can locate your Chipolo ONE Spot in the Find My app, under the Items tab at the bottom of the screen.

What are the odds of finding a lost wallet? ›

If you lose your wallet — as opposed to someone stealing it — don't despair. The odds are good that someone will return it to you. A study published in the journal Science in 2019 found that more than 50% of people that found lost wallets contacted the owners of the wallets if those wallets had any cash in them.

What percent of lost wallets get returned? ›

On average, 40 percent of people returned a wallet with no money. That number jumped to 51 percent when the wallet contained the equivalent of $13 in local currency. When researchers added $94 to the wallets, 72 percent of people made a return.

Can I track where my wallet is? ›

Can't find your wallet? Chipolo is the perfect tracking device for your wallet because it enables you to find your lost wallet with your phone. So the next time you're searching for it in your backpack, just ring it with your phone! * Use the Apple Find My app for Chipolo Spot finders.

Is Chipolo as good as AirTag? ›

The AirTag has Apple's U1 chip that enables the "Precision Finding" feature, which Chipolo lacks. However, if you can put up with a lesser degree of precision, Chipolo can be the better choice for you.

Is it common to lose your wallet? ›

Losing your wallet or having it stolen is a fairly common occurrence – 62% of Americans say they've done so, according to MoneyTips.com.

Where do people usually turn in lost wallets? ›

The best thing you can do is drop it off at the local police station. Not only is the owner more likely to go looking there, but the police may even have the person's contact information on file and take care of the drop-off for you. Another great idea is to return the wallet to the owner's bank.

What to do first when you lose your wallet? ›

If your wallet is lost or stolen, contact your credit card issuers, freeze your credit cards, request a fraud alert, replace your driver's license and monitor your accounts.

What are the dangers of losing wallet? ›

Even worse, the information inside your wallet can put you at serious risk of identity theft and financial fraud. Last year alone, 47% of Americans experienced financial identity theft, which often starts with a stolen wallet, stolen smartphone, or lost check book. Repairing this situation can be aggravating.

Do people turn in lost wallets to the police? ›

If someone finds a wallet the best option is to turn it in to the local police. The finder could also turn it in to a lost and found receptacle (if available) or look for an ID and contact the owner.”

What happens if you lose your hard wallet? ›

If you've lost your hardware wallet, you'll need to recover it using your recovery seed. The same applies if it's been stolen or damaged, i.e., burnt or exposed to water; you'll need to recover your keys on a new functioning device.

Can I keep a lost wallet? ›

Most states have laws that make it illegal to keep lost or misdelivered property, without first making a reasonable amount of effort to find the rightful owner.

How do I Find My private key wallet? ›

Open your wallet and go to the Wallet tab, then find the asset you are looking for, click the three dots in the top right corner, and choose settings on the left sidebar. Click view Private Keys to Choose Private Keys in the top panel. Enter your password and click on Show Private Keys.

How do I Find My iPhone with Chipolo? ›

When your phone gets lost, you can sign into the Chipolo web app using your computer and track your phone. Log in with the same account details you used in your Chipolo mobile app and check your phone's location on a map, make it ring, or set up a custom message to display on the phone's screen.

How do I track my iPhone wallet? ›

If your iPhone Wallet with MagSafe has Find My support, you can connect it to your Apple ID so you can see its last known location in the Find My app .

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