8 Smart Tips to Keep Money Safe While Traveling

By Kayla Sloan

| Photographs By Maryviolet

The world is a vast and diverse place, and it would be a shame if you didn’t get out every now and then to explore it. Not only do you likely need a vacation from the chaos of the everyday, but a change of scenery can do you good and help refresh your outlook on life.

That being said, any traveler knows to prepare for bumps along the way; you might have a missed or canceled flight, lose your luggage, or find the hotel has lost your reservation.

While most of the problems you encounter on your journey are easily fixed, finding that your wallet or cash has been stolen can leave a traveler in quite the predicament, especially if you’re not in your own country.

Even so, the possibility of falling victim to theft shouldn’t keep you at home. There is an array of steps and tips you as the traveler can take to ensure you don’t find yourself sans money. Before boarding the plane for your next destination, consider these eight ways to keep money safe while traveling.

1. Purchase clothing with hidden pockets

Your pants pockets or purse might seem like a safe enough place for your money; however, thieves have a knack for sneaking into even the most delicate of places and snatching items without your ever knowing.

Instead of relying on the accessible closure of your handbag, you might consider purchasing clothing that specifically has hidden pockets. You can find everything from undergarments to shirts, vests, and jackets, all with inside and hidden pockets made specially for the purpose of keeping your money close. There’s even a scarf with a hidden pocket!

Or, you can buy sew-in pockets to add to clothes you already have.

2. Don’t bring everything with you

It’s easy to want to bring along all your money or cards when traveling, just so you’re always prepared. Chances are, however, you only need a fraction of what’s in your wallet.

To keep your money safe, take only one or two credit cards with you to begin with. Once you’ve reached your destination, be sure to take only some of your cash with you at any given time. Leave the rest hidden or locked away for safekeeping, so should you find yourself victim of a theft, you’ll still have funds to fall back on.

3. Notify your bank

Fortunately in our world today, banks and financial organizations are exceptionally good at monitoring your accounts to ensure no fraudulent activity occurs. That being the case, it’s important to notify your bank of any travel plans you have before heading out.

Not only will you keep yourself from getting locked out of your account, but your bank will then be more aware of what activity is actually fraudulent versus what isn’t.

4. Use only bank-certified ATMs

Whether you’re in the U.S. or another country, you can no doubt find ATMs in random places and on random streets. If you’re in need of cash, it’s easy to want to find the first one you can in order to withdraw.

Unfortunately, thieves and scammers have a way of inserting bogus card readers and tampering with said ATMs. As soon as you insert your card, they’ll acquire all your information. To prevent this type of theft from happening, stick to ATMs located specifically inside banks and trusted institutions.

5. Utilize the safe

There’s a safe in your hotel room for a reason; it’s there specifically for you to store anything valuable you don’t want lying out.

Whenever you leave your hotel room, take advantage of the safe and put any valuables or spare money inside. While you could no doubt try to hide these items, it’s better to be safe than sorry by utilizing the password- or lock-protected device.

6. Purchase a money belt

Just like the special clothing, another valuable item to invest in is a money belt. Basic in construction, it’s just a small pouch that wraps around your waist. A money belt is one way to keep your cash literally close.

Kept under your clothing, a money belt makes it nearly impossible for someone to pickpocket you. Although it is a little harder to reach when needed, as mentioned, you can spread out your cash to keep a small amount on hand and easily accessible.

7. Take photocopies

If you have multiple credit cards and get pickpocketed, it can be difficult to know for sure which ones you’ve lost. Moreover, not having access to any of the information available on your cards makes things difficult.

Before your trip take time to make photocopies of all your important documents, credit cards, debit cards, and passport information. Then, should you find yourself in a situation without them, you’ll still have access to the cards should you need to make any emergency payments or cancellations.

8. Be aware

The most important way to keep your money safe when traveling is simply to be aware of your surroundings. Be wary of where you set your purse or wallet and don’t let it leave your side. All too often in the comforts of our own hometowns we forget this, and although that might be fine where you live, it isn’t when traveling.

Moreover, be conscientious when walking through large tourist areas, as those tend to be popular pickpocket spots. Another thing to be aware of is how much cash you pull out each time you make a purchase. Try to keep just a few dollars together so you aren’t alerting any potential thieves to the fact that you have a larger amount with you.

The bottom line

Overall, just because you’re in a different city or country doesn’t mean you have to be paranoid about every stranger or that you should be afraid to travel. What it does mean is that you should be aware of your surroundings and take steps to protect yourself from potential theft.

By establishing a few easy practices and using some preventive measures before you leave home, you’ll not only keep money safe while traveling, but you’ll also ensure a relaxing and worry-free getaway.


The views expressed in content distributed by Newstex and its re-distributors (collectively, “Newstex Authoritative Content”) are solely those of the respective author(s) and not necessarily the views of Newstex et al. It is provided as general information only on an “AS IS” basis, without warranties and conferring no rights, which should not be relied upon as professional advice. Newstex et al. make no claims, promises or guarantees regarding its accuracy or completeness, nor as to the quality of the opinions and commentary contained therein.

Licensed content is provided for informational purposes only, and is not intended to represent any endorsement, expressed or implied, by USAA or any affiliates.

This article was written by Kayla Sloan from Everything Finance and was legally licensed through the NewsCred publisher network. Please direct all licensing questions to legal@newscred.com.

Article

HERS Index Score Rating Explained — How Can ...

Article

5 Ways to Encourage Your Savings Habit

Article

How to ACTUALLY Stick to Your Holiday ...