When travelling it’s important to have an easily-accessible, secure way to access funds. We’re going to look at the best ways to handle money on holidays. By planning in advance you should be able to easily access your funds with a minimum of fuss.
1. Make sure you’re using a money belt
Odds are you’re going to want to have a little bit of cash on hand for other purchases, and a good way to manage this is a money belt. We’d recommend splitting your funds between your regular wallet and your money belt, and keeping your important cards with your money belt as well. This way you’re covered in the event of pickpockets.
2. Keep your cash stashed in different places
And if you have withdrawn cash it’s a good idea to keep your cash stashed in a few different places, to reduce the impact of theft. Keep some in your wallet, some in your money belt and some in more creative places like a sock in your suitcase, the hotel room safe or even wedged in the sole of your shoe. That being said, it’s also equally important to make sure you’re discreet when storing your money in these different places!
3. Keep your eye on your transactions
It’s convenient to be able to withdraw cash from millions of ATMs around the world, but it’s also quite important to keep an eye on your transactions. By being aware of how much money is moving in and out of your account, you can be confident that you’ll be able to spot the precise moment you become victim to ATM fraud.
When you’re taking a holiday overseas, do you take any measures to make sure your money is safe? What would you recommend other travellers do?
Let us know in the comments below.
This article was written in partnership with Over60.