I don't plan to put my working cash, cc, etc. in another wallet. Either i put them in my front pockets or use the waist/wallet belt. Haven't decided yet. I don't see how they will pickpocket my waist wallet belt when it is underneath my shirt and right under inside near my crotch and actually get away with it unless they plan to stick their hand inside my pants,crotch area or outright mug me. I will be aware of bumping and be going with a few friends.

My co-worker told me he used his money/waist belt for holding cash, cc, etc. to use throughout his days in Madrid with no issue.

aznguy2011,
The best thing for you would be to put some of the daily cash in your money belt and front pocket. If you're going to eat in a restaurant then make sure to take the money from your belt in the bathroom and stash some of it in your front pocket. Don't expose your belt in public. No matter what, keep a few minimal euros in your pockets in case you buy something in a public vendor that is wide open thus not having to expose your money belt. Always keep it in different areas of your body. Just don't forget where you kept all of it though....lol.

I have the original daymakers small purses, like below
http://www.daymakers.com/shopexd.asp?id=170

in several colors, just a great size to carry small wallet and ash, keys etc. It does NOT show that it has any special strap and i use them all the them for traveling, been using them for years.