Abstract: A PURSE ALARM is provided including a purse and a switch for providing an activation signal upon the opening thereof. A purse alarm module is situated the purse and includes a purse state mechanism in communication with the switch. The purse state mechanism is adapted to continuously transmit the activation signal upon the instantaneous receipt thereof. A purse transmitter is connected to the purse state mechanism for transmitting the activation signal via free space upon the receipt thereof. Further included is a portable remote with a remote receiver adapted to receive the activation signal via free space and a remote alarm means for emitting an audible alarm during the receipt of the activation signal. Also included is a remote state mechanism connected between the remote receiver and the remote alarm.