Designers adore clutches, because they're a sort of gateway drug to the rest of their brand. Besides looking cool, they're smaller and therefore cheaper - so girls who will spend $400 on their favorite logo - but not $1000 - might have some luck. They're also good when you're feeling madcap - why lug something on your shoulder when all you need is your cash, your phone, and your date? But therein lies the problem - Clutches are an evening thing, when you're probably dancing, probably drinking, and probably way more inclined to leave things in cars, cabs, or boys' apartments. Do you really risk your wallet and your iPhone just so you can look carefree?