Lesson from a cheapo wallet

Bought a cheapo wallet last year like I always had for as long as I can remember. This last one was a complete disappointment. Yesterday decided to move up and bought a Renoma. On offer it was $49. So far, I am quite pleased with it. I hope it lasts me a few years.

Look at how badly worn it is in such a short time! Can't remember the exact price but it was between $10 and $20.