Need Now

I met up with some girlfriends on Friday night for drinks (Rachel of My Life in Silver Trinkets was in town visiting from Orange County) and two of them had these amazingly cute and practical Michael Kors wristlets that I fell head over heels for.

This thing is beautiful and can hold your phone and cards/money all at the same time.  I'm getting a new phone next week (mine is having issues at the moment) and I'm thinking this is the perfect accessory to go with it!

Which accessories do you love that are totally practical?