I can't answer the long wallet question because I haven't owned a long type wallet in ages. However, when I am going "out" (as opposed to going out to do errands), I only carry a
Prada credit card case that has 3 or 4 "slots" which holds ID, license, medical card, a few credit cards and cash bills folded in thirds. Chanel makes a similar one. It's not the most practical as far as holding dry cleaner receipts, and lots of cash etc., but for the times I'm not doing errands, it's a great size, looks fabulous, and fits in every bag.
The clutch held that credit card case, a packet of tissues, a big comb, a small mesh cosmetic case filled with mirror compact, eye drops, nail file, 2 lipsticks, a couple of allergy pills,lip brush, dental floss, lipliner, pen, and cell phone, and I still had room to spare!