Abstract: A multi-compartmented wallet is formed from a single piece of material in accordance with a predetermined pattern of cuts and fold lines. The generally rectangular material is initially cut leaving tab-like projections extending from both short edges. Slots are cut from a middle region of both short edges and extend inwardly for approximately one third of the length of the rectangle thereby dividing each short edge into two sections. Selected fold lines are pre-creased and each tab and a contiguous triangular portion of material is folded inwardly over the rectangle and the diagonal fold line is secured with adhesive, leaving the tab free. Opposed sections of the short edges of the material are then folded upwardly, and the short edges are pinched in the middle forming two opposed gathers that are perpendicular to the inward fold. The opposed gathers are interlaid to form compartments in the wallet. The completed wallet has fourteen pockets.