Item: An exotic Tracy Reese “Night Out” clutch.

Value: $298

Why You’ll Love It: A wild night out (or tame one) requires a compact clutch, one stylish yet sleek enough to hold your essentials or what we refer to as M.I.L.K.: money, I.D., lipstick and keys. This one meets all of the requirements and then some.  Exotic colorblocked suede, water snake and horse hair design brings the fierce factor while a back panel to grasp it all seamlessly while you dance makes it functional.

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How You Can Win It: Follow @essencemag on Twitter, and enter to win at 3 p.m. ET. See rules here.