Abstract: A combination wallet and real-time account management system for monitoring a user's spending habits includes monolithically formed first and second sections adaptable between open and closed positions. The system further includes a mechanism for detecting the presence of a credit card and an audible mechanism for notifying a user when a credit card is removed from the wallet and not replaced within a predetermined time interval. An electronic mechanism for performing mathematical calculations is integrally situated within the wallet and non-removable therefrom. The first section includes a plurality of pockets sized and shaped for receiving and storing credit cards. Such pockets are spaced along the first section of the wallet. The second section includes a plurality of pockets sized and shaped for receiving and storing paper money and a personal checkbook.