A security wallet includes a pouch and a strap. The pouch has at least one pocket with a closeable opening. The strap has a fixed end that is directly attached to the pouch and a detachable end that is removably coupled to the pouch. The strap extends from the fixed end and outwardly from a first side of the pouch. In a first configuration, the detachable end is coupled to the first side of the pouch. In a second configuration, the detachable end is coupled to a second side of the pouch opposite the first side.