diff --git a/src/frame.cpp b/src/frame.cpp
index fe9ea89..a712e29 100644
--- a/src/frame.cpp
+++ b/src/frame.cpp
@@ -374,45 +374,59 @@ COMMIT;
 
 void Frame::OnSaveNew(wxCommandEvent& WXUNUSED(event))
 {
-	wxString wxstrWalletPath;
-	wxString wxstrWalletName(wxEmptyString);
-	if (!m_LastUsedWallet.IsOk() || !m_LastUsedWallet.DirExists()) {
-		m_LastUsedWallet = m_DefaultWalletLocation;
-		RecursiveCreateDirectory(m_LastUsedWallet);
-	}
-	wxstrWalletPath = m_LastUsedWallet.GetPath();  //Directory guaranteed to exist, so we will not get idiot default
-	//	It took me a ridiculous amount of time to fix that all paths to this file dialog 
-	//	are either terminated by an exception, or the directory exists, or is created.
-	//	Any time the program has to deal with something external to itself, anything that can go wrong
-	//	will go wrong.
-	if (!m_LastUsedWallet.FileExists()) wxstrWalletName = m_LastUsedWallet.GetFullName();
-	wxFileDialog dialog(this,
-		sz_new_wallet_new_secret,
-		wxstrWalletPath,
-		wxstrWalletName,
-		wxString::Format
-		("wallet (*.wallet)|*.wallet|All (%s)|%s",
-			wxFileSelectorDefaultWildcardStr,
-			wxFileSelectorDefaultWildcardStr
-		),
-		wxFD_SAVE | wxFD_OVERWRITE_PROMPT
-	);
-	dialog.SetFilterIndex(m_FileDialogFilterIndex);
-	if (dialog.ShowModal() == wxID_OK)
-	{
-		wxLogMessage("%s, filter %d",
-			dialog.GetPath(),
-			dialog.GetFilterIndex()
+	wxFileName wxFileWallet;
+	if (m_DefaultWalletLocation.FileExists()) {
+		//	OK, the default wallet exists, so we need a new
+		//	name and wallet location
+		wxString wxstrWalletPath;
+		wxString wxstrWalletName(wxEmptyString);
+		if (!m_LastUsedWallet.IsOk() || !m_LastUsedWallet.DirExists()) {
+			m_LastUsedWallet = m_DefaultWalletLocation;
+			RecursiveCreateDirectory(m_LastUsedWallet);
+		}
+		wxstrWalletPath = m_LastUsedWallet.GetPath();  //Directory guaranteed to exist, so we will not get idiot default
+		//	It took me a ridiculous amount of time to fix that all paths to this file dialog 
+		//	are either terminated by an exception, or the directory exists, or is created.
+		//	Any time the program has to deal with something external to itself, anything that can go wrong
+		//	will go wrong.
+		if (!m_LastUsedWallet.FileExists()) wxstrWalletName = m_LastUsedWallet.GetFullName();
+		wxFileDialog dialog(this,
+			sz_new_wallet_new_secret,
+			wxstrWalletPath,
+			wxstrWalletName,
+			wxString::Format
+			("wallet (*.wallet)|*.wallet|All (%s)|%s",
+				wxFileSelectorDefaultWildcardStr,
+				wxFileSelectorDefaultWildcardStr
+			),
+			wxFD_SAVE | wxFD_OVERWRITE_PROMPT
 		);
-		wxFileName wxFileWallet(dialog.GetPath());
-		ristretto255::hash<256> WalletSecret( wxFileWallet.GetFullPath().ToUTF8());
+		dialog.SetFilterIndex(m_FileDialogFilterIndex);
+		if (dialog.ShowModal() == wxID_OK)
+		{
+			wxLogMessage("%s, filter %d",
+				dialog.GetPath(),
+				dialog.GetFilterIndex()
+			);
+			wxFileWallet.Assign(dialog.GetPath());
+			m_FileDialogFilterIndex = dialog.GetFilterIndex();
+		}
+	}
+	else {
+		// Default does not exist, so we go right 
+		// ahead without asking the user to invent
+		// a name and select a directory
+		RecursiveCreateDirectory(m_DefaultWalletLocation);
+		wxFileWallet = m_DefaultWalletLocation;
+	}
+	if (wxFileWallet.IsOk()) {
+		ristretto255::hash<256> WalletSecret(wxFileWallet.GetFullPath().ToUTF8());
 		NewWallet(wxFileWallet, WalletSecret);
 		wxLogMessage("new wallet created: %s", wxFileWallet.GetFullPath());
 		if (m_panel)m_panel->Close(true);
 		m_panel = nullptr;
 		auto panel = new display_wallet(this, wxFileWallet);
 		m_panel = panel;
-		m_FileDialogFilterIndex = dialog.GetFilterIndex();
 		m_LastUsedWallet = wxFileWallet; //We do this last, so that if an exception occurs the filename is forgotten.
 	}
 }