Taking time off to enjoy a well-earned holiday is both exciting and relaxing to anticipate, nevertheless it is imperative to plan appropriately and take the appropriate precautions necessary before departing. Since nothing can inconvenience a holiday as rapidly as losing your hard-earned money. Tourists unfamiliar with a new location they are visiting are easy targets for pickpockets and scammers who may rob, cheat or trick you readily if you do not stay vigilant and protect your wallet, bag, phone and other valuables. Don’t be an easy target and have your holiday ruined by hustlers.
Below are five straightforward and practical ways to keep your holiday money safe when travelling abroad:
1. Limit Your Use of Cash and Credit
By utilising cash, debit or credit cards as your main means of payment for your holiday expenditures can cause an abundant amount of risk. To begin with, it is not uncommon for tourists or travellers to overspend on holiday, which puts them over their initially planned budget, this can have dire consequences if not managed properly. Additionally, the loss of your debit or credit card through theft or misplacement will cause severe problems that may lead to credit card fraud or stolen personal information.
The use of cash as a primary payment method has several problems including an increase in spending and risk of being stolen. Therefore, the ideal method of payment during your travels is by using a prepaid card. As you have loaded the card beforehand, you can easily stick to a definite budget and it is easier to conceal and more discreet to use. Before you go, be sure to check what forms of payment are primarily accepted at your destination. (more…)