I think broadly, yes, but it will still depend on people's personal preferences and the culture they live in. Like for me, in some ways where I live is quite tech-focused, but I also need to carry cash around. There are still plenty of places that are cash only. And tech can't remove needing an umbrella for much of the summer, and maybe a scarf or cardy because while it's 32C outside, the A/C everywhere is freezing. Then personally I always like to have water and either a book or my Kindle on me, plus all the little things like tissues, painkillers, reusable shopping bag, etc. I also prefer a paper diary/agenda to a phone app (although covid has kinda killed this habit). A lot of small/tiny bag reviews are like, "This fits your basics: phone, cards, keys and lipstick!" Those are not my basics lol.
I do somewhat regret buying the large wallet I have, but it's not that I don't like that style. I actually love having all my cards, cash, receipts and coupons/vouchers in one place. But I've recently started buying crossbody/shoulder bags again, and the whole reason I stopped was because carrying a lot of stuff in that way was giving me back pain. So now it's like, I want crossbodies, but I need to be more mindful about what I'm chucking in there. This big wallet is now typically just sitting at home, while I grab what I need for my little cash/cardholder.
I do somewhat regret buying the large wallet I have, but it's not that I don't like that style. I actually love having all my cards, cash, receipts and coupons/vouchers in one place. But I've recently started buying crossbody/shoulder bags again, and the whole reason I stopped was because carrying a lot of stuff in that way was giving me back pain. So now it's like, I want crossbodies, but I need to be more mindful about what I'm chucking in there. This big wallet is now typically just sitting at home, while I grab what I need for my little cash/cardholder.