Misplacing something like your wallet doesn’t have to be a big deal when it has AirTag attached. You can play a sound on the built-in speaker by going to the new Items tab in the Find My app, or say “Hey Siri, find my wallet.” If it’s hiding nearby — like under the couch or in the next room — just follow the sound and your search is over.
*Requires iPhone SE, iPhone 6s or later, or iPod touch (7th generation) with iOS 14.5 or later, or iPad Pro, iPad (5th generation or later), iPad Air 2 or later, or iPad mini 4 or later with iPadOS 14.5 or later.