14 Money Safety Tips for Travellers

14 Money Safety Tips for Travellers

Money makes the world go around - and us go around the world. So you'll want to keep not only yourself but your here are a few things you should know about your money to ensure you're on top. I put up this helpful travel money safety advice. If you're a fellow traveller, take heed. I speak from experience, having been pick-pocketed in Barcelona, Vietnam, and had close contact with a sticky-fingered monkey in South Africa. So I've compiled a list of my favourite vacation money-saving tips:

Inform your bank of any changes

Ensure that your bank knows where you'll be going before you leave town. Upon arrival, this will prevent your account from being frozen. Set a daily withdrawal restriction so that you won't be able to withdraw huge sums of money if your card is taken. You'll also be able to manage better your finances, which is a win-win situation! Especially when booking Flights to India from Canada from us!

Record contact information

Don't forget to jot down your bank's phone number and email address before leaving the house. Make a copy and store it somewhere secure; depending only on a digital copy while travelling to a foreign country is a bad idea.

Have a Plan B in Place

It is a good idea to leave a little money with a family member or a friend back home in case of an emergency. Then, in an emergency, they have the funds ready to be sent to your account immediately. Then, if all goes according to plan, you'll be able to return home with a good chunk of dough in your bank account.

 

Make a Copy and Do It All Over Again

Your bank card digital copy might be an incredible life-saver if you misplace your wallet! You may still make transactions online if the snapshot shows the card number, expiration date, security code, and account numbers. In addition to using apps like 'Last pass,' travellers may also use a pen and paper to keep track of vital paperwork

Watch your valuables

Even though you've undoubtedly heard it a zillion times, it's easy to become sidetracked and forget about your bag while conversing with newfound friends. It's a good idea to keep an eye on the prize since things may go awry in a matter of seconds. Don't let your valuables fall into the hands of strangers!

Make Use of Zippers

Make sure your wallet isn't in the open in your purse or back pocket! When you feel at home in a new nation, it's easy to forget about your increased security. However, to avoid becoming a victim of pick-pockets, you must do your homework and step up your security. Zip up your pockets, keep your bags on your front, and don't display your products!

Retain a Diverse Range of Currency

As previously said, it's a good idea to stock up on local money before departing. Remember that variety is the spice of life when it comes to money! To ensure that you're prepared for any situation, it's best to have a variety of coins and notes on hand: pennies for purchasing ice cream, tiny notes for bargaining over harem pants, and more extensive notes to pay for a meal at that "instagrammable" restaurant.

Insist on Precious Metals

Keep a few pounds, euros, or dollars in your wallet. If your local currency is stolen, you may exchange it at a clever bureau de change. When you realize that you've nailed the travel life, put it in your passport and other necessary papers and pat yourself on the back.

Cash vs Credit Cards

Using a credit card instead of cash may be more secure, depending on where you're travelling. Fortunately, various payment options are available when travelling, including Apple Pay, Samsung Pay, PayPal, and prepaid travel cards like Revolut or WeSwap. Booking lodgings, paying for activities, and catching the bus are much simpler thanks to these alternatives. Prepare yourself by ensuring your phone is safe and familiarizing yourself with the newest payment technology before you go.

Where do you store your money?

Keeping all your money in one location is a bad idea, and neither carries all of your cash with you at once. So instead, bring enough money for the next day's expenses. As soon as you've done so, divide your money into several pockets and bags. The balance of your money should be left in the hostel's safe.

Don't go over the top

Tourists may be seen from a mile away, so don't show off your money and keep it hidden. Withdrawing large sums of cash invites unwelcome attention no matter where you are on the globe.

Do not carry a genuine wallet

Carrying a dummy wallet (a different wallet with a small amount of cash) is sensible if the crime is widespread in the area you want to visit. It's possible that handing up a fake wallet will protect you from harm and guarantee that your genuine wallet is safe.

Don't feed beggars

When you encounter someone in need, it might be not easy to discern how they cope. When handing out money to individuals on the street, it's wise to have your wits about you. Beggars, pick-pockets, and those looking to take advantage are all possibilities. However, there are several ways you may make a difference without drawing attention to yourself, and one of them is by using your money.

 

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