Traveling abroad is a wonderful experience everyone needs to have at some point in their life. There is something special about being able to witness and experience new cultures. Since these exotic destinations are unfamiliar and very far away from home, it is very important to make a few extra precautions. These are the four best ways to protect money while traveling abroad. 

Wear a Fanny Pack
Criminals love to prey on tourists when they are in an unfamiliar location. One of the most common ways they do this is by snatching purses and bags on the street. This is why it is important to tightly secure any valuables. The best way to do this is by wearing a fanny pack. Since this accessory is tightly wrapped around the waist, it is almost impossible for a criminal to snatch quickly. Protecting money is far more important than making a fashion statement.

Use Credit Cards
It may be tempting to carry around a lot of cash on the trip, but this is very dangerous. It is much easier to only use credit cards while traveling abroad. All of the common credit cards will be accepted almost everywhere overseas. In addition to protecting against theft, this also saves money on currency exchange fees. Just make sure to use a credit card that does not charge fees on overseas purchases.

Carry Only What’s Necessary
It is also important to take advantage of the hotel safe when traveling abroad. This is the perfect place to store an extra credit card and all other valuables that are not needed when checking out the sights — keeping most of the valuables in the hotel safe limits the losses if a wallet is lost or stolen. It also ensures that there are still funds to continue the trip without any major delays.

Avoid Sketchy ATMs
There may come a time when it is necessary to pay with cash. Do not visit a sketchy ATM in a dark, secluded area to pull out some money. Secluded ATMs are prime targets for criminals because they know they can get some quick cash without being spotted. Stick to the money machines located inside banks or the hotel lobby.

About Raging Bull Trading
Raging Bull Trading is a trading program that teaches both new and experienced traders about the art of trading and the stock market. Originally launched in 2010 by professional traders Jeff Bishop and Jason Bond, Raging Bull Trading offers a comprehensive course on mastering stock trading from industry experts. The program includes lessons on stock picks, stock ideas, how to get started in trading, and an overall stock market education. 

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