9 tips for keeping your money safe whilst abroad

Travelling can be a lot of fun, but it can also be expensive – especially when some sneaky individual makes off with your cash. While most people the world over are friendly to travellers, it’s no secret that some nefarious types see tourists as a potential target for cons and theft.

Fortunately, there are a few things you can do to help keep your money safe whilst travelling abroad. Here are nine tips to ensure you have a holiday that you remember for all the right reasons.

Wear a (trendy) money belt – OK, so they might be about as fashionable as Crocs, but money belts are a practical and effective way to keep your money safe when out and about. No one is going to slip a $100 note out of your money belt without you noticing.

Don’t flash your cash – Are you the kind of person who likes to flash a crisp wad of $100s when out at the bar? If so, you might want to leave those habits at home. Don’t wave your money around and you’ll be less likely to attract the wrong kind of attention.

Use a card – When travelling in developed countries, it’s definitely worthwhile using a debit or credit card as opposed to carrying wads of cash. It’ll make life easier in the event of loss or theft. Remember to check out the fees, as there are often additional charges for using a card overseas. You should also factor in the exchange rate. Keep in mind, with Virgin Australia Velocity Flyer Cards, you can earn Velocity Points as you spend, which you can put towards making your next holiday happen sooner than you thought!

Party hard (but not too hard!) – Holidays are a great opportunity to let your hair down and spend up large at the bar or club. However, as always, you’ll want to drink in moderation to ensure you don’t leave yourself too vulnerable to anyone who might see you as an easy target. If you do overindulge, make sure to take a taxi rather than walk.

Dress like a local – Are you one of those travellers who likes to walk around with your nose in a map and a camera around your neck? Well, it might be time for a wardrobe update! You’re much safer trying to blend in. Dress like the locals and only pull out the tourist stuff when you need to.

Take what you need – It might sound like common sense, but it’s important not to leave your hotel with any more than you will actually need. Leave the wads of cash at home, and only take the amount you’ll need for dinner or entertainment. The same goes for visiting the ATM – don’t bother withdrawing more cash than you are actually planning to spend.

Switch off the tunes – Music can be a great backing track to any vacation, but it can also be a big distraction when you’re on your own in a strange country. When in doubt, switch off the tunes and take off the headphones so that you can be alert to what’s going on around you.

Keep some emergency cash in the hotel safe – Hopefully, if you follow all these tips, you’ll be able to keep your money safe on holiday. Nonetheless, it’s still a good idea to keep an emergency supply of cash tucked away in the hotel safe, just in case something does happen and you find yourself in needs of funds. The hotel safe is also a great place to store valuables such as jewelery and electronics.

If reading all of these precautions has you feeling a little intimidated about your travel plans – don’t be! Travelling is a great thing you can spend your money on, and with a bit of common sense, you’ll be able to keep your cash safe at all times.

And in case you’re still worried, remember that a comprehensive travel insurance policy can potentially help cover you for theft of some cash as well. How cool is that?