I honestly was not sure what in the world this was at first. It looks like a planner-wallet hybrid. What it really is: a fancy little portable photo album to fill with pictures of your baby dressed up in their most luxurious and expensive clothing. A "brag book" as it is sometimes called. And why not have a designer brag book, it just gives you one more thing to brag about. Appropriate. Available in three colors, this can be yours for $85.00 at katespade.com.