First of all, you can kiss your cash good-bye. If someone stole your wallet, you can never recover it. But that’s not the real danger. Right now, you’re next in line to be an identity theft victim.

A thief will most likely take your credit cards for a whirl. The good news about that is your credit card company will limit your liability to $50 and possibly zero. But your debit card – now that’s a whole different matter.

Debit cards are linked directly to your bank account – you know – that place where ALL your money is. There’s no $50 liability limit with that. Your account could be drained in nothing flat (esp. if your account looks like mine!). Hopefully you don’t have your PIN number written anywhere in your wallet. Depending on your bank’s policies, you may get all your money returned – but maybe not. Even if you did, you’re in real danger of bouncing checks and being overdrawn.

Do you carry your social security card in your wallet? Why? You planning to apply for a job every day? Get it out of there now. Social Security numbers are like gold to a thief. And now he’s got your driver’s license number and date of birth to go along with it.

So you’re in a lot more trouble than just losing your cash and that old four leaf clover you stuck in there for luck. Identity theft is very serious. I can take hundreds of hours to fix. But right now, you have to deal with what to do about a stolen wallet.

If you have identity protection with LifeLock, you can make a quick toll-free call to them. They’ll help you cancel accounts and replace the missing credit cards, insurance card, check book, passport – everything except your cash and photos. You’ll also be protected with their $1 million total service guarantee if the thief tries to steal your identity.

No protection? Use a LifeLock promo code and enroll for a discount and your first 30 days free to try it out. Stolen wallets and identities are easier to fix when you’ve got LifeLock in your corner.