How to Keep Your Money Safe While Traveling

by | Apr 18, 2019 | Financial Services

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It’s all too easy to lose some or all of your money while traveling. First, you don’t have the same routines as you did at home, which makes it harder to keep track of where your money is. Second, pickpockets often prey on unsuspecting tourists. Here are some tips to keep your money safe on your next trip.

Years ago, when people needed to travel with large sums of money, they’d hide it in the hems of their clothing. You can use the same strategy to keep your money safe while traveling. Use a seam ripper to open up an inch or so in the hem of your skirt or pants. Tuck the bulk of your money inside the hem and keep only a small amount in your wallet.

Currency exchange companies in Villa Park suggest only exchanging what you’ll need to get by for a few days. You can always go back to the currency exchange company and get more. This way, you aren’t exchanging excess money at the window and leaving yourself vulnerable to losing large amounts of bills.

Room safes are typically available in upscale hotels. They are convenient for storing some valuables. However, for large amounts of currency, you shouldn’t rely on this security option. Instead, ask your hotel front desk if they have a large vault where you can keep valuables. The hotel vault is much more secure, and fewer people have access to it.

Currency exchanges in Villa Park suggest that you always educate yourself about the current exchange rate. That way, you’ll always fully understand exactly how much you’re paying for an item when a merchant quotes you a price. For more information about keeping your money safe while traveling, contact West Suburban Currency Exchanges, Inc.

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