Why We Lose Our Wallets: How Our Memory Works - Chipolo (2024)

Why can you remember abstract concepts like ‘E = mc2’ or what tasks or meetings are on your calendar for the day, but not where you lost your wallet?

Why do you forget where your wallet is?

The science of why you lose your wallet

Your sight is an important part of how you form your memories.

What you see gets stored in your short-term memory and if your brain thinks it's important, it passes on to your long-term memory after that.

Why We Lose Our Wallets: How Our Memory Works - Chipolo (1) Why We Lose Our Wallets: How Our Memory Works - Chipolo (2)

If you get distracted while you put down your wallet, keys or phone, your eyes, and more importantly, your brain, doesn't register the action and cannot make a spatial memory that you can use later on to find your lost wallet.

Most New Memories Are Quickly Forgotten

The capacity of your short-term memory isn’t only limited to how long you can hold a memory there, but also by how many memories you can hold at once.

You can only remember around 7 things at a time for about 30 seconds in your short term memory, although recent research has shown that the number of things we can remember is closer to 4, due to our decreasing attention span.

Read more: Lost Your Wallet? Here's What You Need To Do

Why We Lose Our Wallets: How Our Memory Works - Chipolo (3) Why We Lose Our Wallets: How Our Memory Works - Chipolo (4)

Using GPS To Navigate Affects Our Spatial Memory Abilities

We pay less attention to our surrounding and ‘flex’ our brains less when we rely on GPS to get us where we need to go.

When you’re told where to go, your brain doesn’t need to create its own spatial memories or plan your route.

Why We Lose Our Wallets: How Our Memory Works - Chipolo (5) Why We Lose Our Wallets: How Our Memory Works - Chipolo (6)

Because you no longer need to remember where you’re going or how you got there, the behavior of your brain changes and the ability to create spatial memories is affected.

You also use spatial memory to remember where you can find your wallet, so decreased spatial memory will also affect your ability to find a lost wallet. You'll have a harder time remembering the space where you misplaced your wallet.

How do we remember where our missing wallet is?

The answer lies in your brain, specifically in the hippocampus, a region in your brain, responsible for your spatial memories.

That image of your wallet on top of a desk in a room that you see in your head?

That was formed and stored in the hippocampus region of your brain when you first put your wallet down so that you can later remember where you left it.

Why We Lose Our Wallets: How Our Memory Works - Chipolo (7) Why We Lose Our Wallets: How Our Memory Works - Chipolo (8)

Spatial memory, which the hippocampus helps form, plays a big role in why you remember where you left your wallet (and other things).

Spatial memory is a specific form of memory that belongs to both short-term and long-term memory. It stores long-term information about your surroundings and also short-term changes within it, like where you put your wallet down after you came home from work.

____________________

‘Everyday, we have to remember subtle differences between how things are today, versus how they were yesterday – from where we parked our car to where we left our cellphone,’

Fred H. Gage, senior author on The neuroscience of finding your lost keys

____________________

Spatial memory is why you can go to the bathroom in the middle of the night without turning your lights on, and it’s also the reason why you’ll most likely still stumble on that bag you left in the middle of the hall.

Why We Lose Our Wallets: How Our Memory Works - Chipolo (9) Why We Lose Our Wallets: How Our Memory Works - Chipolo (10)

The general map of your apartment is already part of your long-term memory, but the position of that bag (or your wallet) is too new and still belongs to your short-term memory.

When you put your wallet down, the sensation of the action gets transferred to sensory memory, a type of short term memory that only lasts a fraction of a second. When this action is ignored, the sensory memory of it will disappear almost instantaneously, but when you sense it, it will enter your sensory memory.

Why We Lose Our Wallets: How Our Memory Works - Chipolo (11) Why We Lose Our Wallets: How Our Memory Works - Chipolo (12)

After that, you either transfer them into your long-term memory (if your brain decides this information is important) or you forget them.

So when you can’t find your wallet, chances are you got distracted by something in your surroundings and your sensory memory didn’t register the action, or you already forgot about the action because your brain decided it wasn’t a priority.

Sources:

https://www.betterhelp.com/advice/memory/how-spatial-memory-works-and-is-lost/

http://www.startribune.com/something-in-our-brain-is-lost-when-we-use-gps/510993052/

https://pdfs.semanticscholar.org/4315/de34b77190ea0907a7b975fadc2c35e9a4f9.pdf

https://www.verywellmind.com/facts-about-memory-2795359

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5020097/

https://www.salk.edu/news-release/the-neuroscience-of-finding-your-lost-keys/

Why We Lose Our Wallets: How Our Memory Works - Chipolo (2024)

FAQs

Why We Lose Our Wallets: How Our Memory Works - Chipolo? ›

The science of why you lose your wallet

Where do people usually turn in lost wallets? ›

The best thing you can do is drop it off at the local police station. Not only is the owner more likely to go looking there, but the police may even have the person's contact information on file and take care of the drop-off for you. Another great idea is to return the wallet to the owner's bank.

Where did my wallet go? ›

Check under your bed, behind the couch, along the side of your car seats, and even your jacket pockets. It's possible you misplaced your wallet somewhere, and did not actually lose it. Check your gym, work office and recently visited restaurants to see if anyone has turned in a lost wallet.

How common is it to lose wallet? ›

If you've ever reached into your pocket, only to find your wallet isn't there, you're not the only one. According to a survey by MoneyTips, 62% of the people who responded to their survey have had their wallets lost or stolen. Have you ever lost or had your wallet, purse, pocketbook or money clip stolen?

How do I stop forgetting my wallet? ›

Here are nine great tips to keep better track of your wallet and recover it quickly if lost.
  1. Take Organization More Seriously. ...
  2. Scale Back The Size Of Your Everyday Carry. ...
  3. Plan Ahead And Set Reminders. ...
  4. Keep A Hidden Emergency Stash. ...
  5. Try A Phone Case Wallet Attachment. ...
  6. Own A Wallet You Truly Love. ...
  7. Rely On Ringing.

What is the best thing to do if you lost your wallet? ›

7 things to do if you lose your wallet
  1. Lock your cards before searching.
  2. Replace your debit and credit cards.
  3. Change your account passwords.
  4. Contact police.
  5. Replace your driver's license.
  6. Set up fraud alerts.
  7. Make a complete list of other missing items.
  8. How to pay for things when you've lost your wallet.
Apr 2, 2024

What percentage of lost wallets are found? ›

You're better off losing wallets in some places than others.

About four in five of those items never saw their owners again. Transport for London told me that the owner-reunion rate for lost wallets and purses in Fiscal 2021 was 22.6 percent.

Why do I lose my wallet? ›

The science of why you lose your wallet

If you get distracted while you put down your wallet, keys or phone, your eyes, and more importantly, your brain, doesn't register the action and cannot make a spatial memory that you can use later on to find your lost wallet.

How to track a lost wallet? ›

How to Effectively Find Your Lost Wallet?
  1. Check the Usual Spots. Sometimes a lost wallet is just a false alarm, it could be in a place you always put it, or maybe there's just something on it to cover it up. ...
  2. Retrace Your Steps. ...
  3. Contact Lost and Found Departments. ...
  4. Utilize Social Media. ...
  5. Check with Local Authorities.
May 5, 2024

Where does your wallet go? ›

You want someplace easy to access but where your wallet won't fall out and hopefully hidden enough to deter pickpockets. Most people carry wallets in their back pocket, coat pocket or bag, but the best place to store your wallet is actually the front pocket, and there are a couple reasons why.

What does it mean spiritually when you lose your wallet? ›

Losing your sense of self

Dreaming about losing your bag or wallet can represent the loss of self-identity and control. Losing your job, having trouble in marriage or divorce, moving to a different country are milestones in our lives that can take away a part of our self-identity.

Should you pick up a lost wallet? ›

If you found someone's wallet, you've already done the right thing by stopping to pick it up. After all, wallets often contain personal and financial information that can be devastating if it falls into the wrong hands.

How do I remember my lost wallet? ›

Instead, focus on the context of what you were doing and what you were wearing when you last had your wallet. What's easier to remember: where you last saw an item you weren't even looking for, or which coat and pants you wore the day before? Check the coat and pants.

Why do I forget my wallet? ›

Forgetting where you kept your wallet, keys, or any other stuff often happens when the previously stored information gets altered in your short or long-term memory. It can happen gradually or suddenly as your old memories get replaced.

How do I stop people from stealing my wallet? ›

Keeping your valuables close to your body is one of the best ways to guarantee that you don't lose anything to theft, and this simple waist pouch is a sleek solution that's designed to be worn beneath your clothing for an added layer of protection.

Where would someone hand in a lost wallet? ›

Call/Contact Their Bank or Credit Card Company

Another option, particularly if you find a wallet, is to contact one of their banking companies based on any cards that you find. If you return the wallet to a bank branch of one of their cards, they'll contact the person, who can then come pick it up.

Where should I look if I lost my wallet? ›

Places to Look if You Have Lost Your Wallet
  1. The pants you wore the day before.
  2. The inside or outside jacket pocket.
  3. Near where your laptop is, or couch, or wherever you may have made an online purchase.
Feb 20, 2024

What can someone do with a lost wallet? ›

What Can Scammers Do With a Stolen Wallet?
  1. Credit or debit card fraud. ...
  2. Identity theft. ...
  3. Burglary, stalking, or mail theft. ...
  4. Impersonation. ...
  5. Criminal identity theft.
Apr 11, 2024

Is finding lost wallets legal? ›

Common law defines lost property as personal property that was unintentionally left by its true owner. For example, a wallet that falls out of someone's pocket is lost. At common law, a person who found lost personal property could keep it until and unless the original owner comes forward.

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