Should You Carry Cash on Vacation?

By Robert Palmer

Are you planning a vacation? One of the things you might be wondering about is whether or not you should carry cash with you.

While it’s true that debit and credit cards are widely accepted, there are still some reasons why carrying cash on vacation might be a good idea. In this article, we’ll explore the pros and cons of bringing cash on your next trip.

Pros of Carrying Cash

  • Easy to Use: Cash is universally accepted, and there’s no need to worry about cards being declined or not working in certain areas.
  • Budgeting: By carrying cash, you have a better sense of how much money you have left to spend. It’s easy to overspend with credit cards when you don’t see the money leaving your wallet.
  • No Fees: Many foreign ATMs charge fees for withdrawing cash, which can add up over time. By bringing cash with you, you can avoid these fees altogether.

Cons of Carrying Cash

  • Theft: Carrying large amounts of cash can make you a Target for theft. It’s important to keep your cash hidden and secure at all times.
  • No Protection: Unlike credit cards, if your cash is lost or stolen, there is no way to get it back.
  • Inconvenience: Depending on where you’re traveling, using cash may not be as convenient as using a card. Some places may not accept certain currencies or may require exact change.

Tips for Carrying Cash Safely

If you do decide to carry cash on your vacation, here are some tips to keep it safe and secure:

  • Don’t Carry Too Much: Only bring as much cash as you need for the day. Leave the rest in a secure location, like a hotel safe.
  • Hide Your Cash: Keep your cash hidden in a money belt or other secure location on your person.
  • Use ATMs Wisely: When using an ATM, choose one that’s located inside a bank or other secure location. Avoid using ATMs at night or in secluded areas.

Conclusion

So should you carry cash on vacation? It ultimately depends on your personal preferences and travel plans.

If you’re traveling to an area where credit cards may not be accepted, bringing some cash with you may be a good idea. However, if you’re concerned about theft or would prefer the convenience of using cards, then leaving cash at home might be the better option.

Remember to always prioritize your safety and security while traveling. By following these tips and using common sense, you can enjoy your vacation without worrying about your money.