How Can You Protect Your Money While Traveling Abroad? - PowerPoint PPT Presentation
Title:
How Can You Protect Your Money While Traveling Abroad?
Description:
Millions of individuals travel every year to discover what the world has to offer, whether they go on a career and rent an RV to traverse the nation in, backpack through Australia, or take a cruise. More individuals are booking vacations now that there are more transportation options available to them. Some people are even researching the cost of empty legs to see if they can travel the world on a private plane. While seeing the world is typically a fantastic experience, it can be destroyed if their cash or other possessions are taken, leaving them stuck in the middle of nowhere. One of the major risks associated with travel is pickpocketing. They are prevalent in numerous large cities. – PowerPoint PPT presentation
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Title: How Can You Protect Your Money While Traveling Abroad?
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HOW CAN YOU PROTECT YOUR MONEY WHILE TRAVELING
ABROAD?
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USE CREDIT CARDS
Protecting money does not just mean avoiding
thieves who engage in illegal activities. By
using cash abroad, travelers have to pay foreign
exchange fees. These fees take a pretty large
percentage of the money thats traded in. Those
who overestimate the amount they need while
abroad might get hit again when leaving a country
and transferring their leftover foreign currency
back to their home currency.
3
USE THE RIGHT CREDIT CARD
Avoiding the use of cash abroad means using a
credit card. Whether you use Personal Credit
Cards business credit cards, or whatever you
choose, let it be a credit card. Its far safer.
However, some credit cards come with foreign
exchange fees built into their pricing structure.
Some of these fees can reach nearly 3 of the
purchase price. When traveling abroad, its
always a good idea to use a credit card that
comes with no foreign transaction fees.
4
KEEP A SLIM WALLET
Many Americans keep all sorts of ID cards, credit
cards, cash, and other assorted items in their
wallets. Thats a bad idea when traveling abroad.
Bigger wallets are easier to locate. They can
also become hazardous when an unsuspecting
tourist has to fumble around to find a credit
card. Thieves are more than happy to take over
some of the clutter.
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KEEP YOUR WALLET IN A FRONT POCKET
Experienced thieves can sneak up behind tourists
and slip a wallet out of a hip pocket without
notice. Keeping a wallet in the front pocket is a
good way to alleviate this threat. Thieves have
to steal from the front in that instance, and
its a much more difficult maneuver to make.
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KEEP MONEY CLOSE
Keeping money in a big over-the-shoulder purse is
a bad idea. Its an invitation to a would-be
thief just to grab it. Instead, keeping a purse
with a strap that fits across the body will make
it less likely a scammer will try to grab the
purse. Its a more difficult target, so thieves
are more likely to go after the easier ones.
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THANK YOU FOR YOUR TIME
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