Though people travel for the experience, you can’t begin or continue your journey without money. Besides the excruciating “save every penny” period before you take off to your destination, there are certain things that one must do before thy trip to make sure you don’t get hassled with money issues.
I’ve learned these lessons the hard way. The kind where I had to literally ration, starve and wonder where my next meal was going to come from. Haha. During the time it happened, I cursed my stupidity for being so careless in the first place. Which is why I am here to share these important pre-travel tips when it comes to your money in relation to travelling…
- Notify your bank/banks that you will be traveling.
Children, do not EVER leave your country before calling the banks of ALL of your cards. Inform them that you will be out of the country, and if possible, give them an itinerary.Why? Because at one point, I thought it was smart to put all my money in just one debit card so I don’t have to be hassled. In a span of 2 ½ weeks, I tried to withdraw in 4 different countries (Amsterdam, Norway, Germany and Bulgaria) and failed.End game? Metrobank BLOCKED my card on the grounds of “suspicious activity”. They thought my card got stolen, and blocked it without even informing me beforehand or even after they did it. I was in Bulgaria when I finally found out they cut me off. Let me remind you once more… ALL my money was in that one card. I got it sorted out—- after a MONTH, because their customer service were run by turtles. Trust me, you don’t want the hassle. Prevention is key.
- Forage for a good rate in Currency Exchange.
Your money’s value is different in every country. We do not live in a world of equality. It doesn’t matter if your currency goes higher or lower in your next destination… What matters is that you have the determination to forage for a place where you can exchange your foreign currency to the local one at a good rate.Number one advice? Never get it exchanged at the airport or at the bank. They have ridiculous fees. There’s always a kiosk somewhere that gives you a little more. And when it comes to travel, every cent counts.
- Don’t keep your money in one place.
This advice is repeated a lot of times because it is the best and most reliable. When you’re traveling, don’t keep your money all in one place. It’s best to have more than one card (ex. 1 credit card, 1 debit card), put some in your PayPal account, store bills in different compartments.My mom even always nags me about making sure I have money hidden in a ball of socks, the lining of my luggage, between a book and even inside my underwear (she even got me embarrassing panties with zippers. Geezas mommmm). The options to divide your money are endless! The main point is that you don’t want to put all your eggs in one basket because if that basket gets compromised, then you’re left with nothing.
I know you’re excited to saunter off to your next destination. But never forget to be smart when it comes to your money. In the world of travel, making sure that you have your finances all set is not only ideal, it’s a necessity. Make sure you’ve got these three things down pat before traveling and I’m sure you’ll have an even better, lesser-worried-about-ending-up-cashless-and-have-to-beg-for-money-to-get-home time!