You may be able to reduce the money you spend while traveling abroad in the Philippines, but you can’t eliminate cash altogether. That’s why it’s so important to get the most out of every dollar, or Peso, you spend.
Of course that means looking for affordable accommodations, reducing the number of souvenirs you buy, and being smart about what you eat, but all that is jumping the gun a bit. You have to start with the basics if you want to get the most out of your money!
Here are four fundamental tips that will ensure you keep and carry your money safely and smartly.
Have a Loved One Send You the Cash When You Get There
Carrying cash can be a nightmare, especially if you’re traveling abroad. You’ll end up spending countless hours in cars, on airplanes, and maybe in buses. That provides you with plenty of opportunities to lose your cash.
Instead, have a loved one send the cash to you with Remitly! That way you can simply pick up the cash without worrying about exchanging it at the airport or having it fall out of your pocket on the plane.
Reduce the Number of Times You Withdraw or Exchange Cash
Not only are ATMs getting harder to find, they can have a huge impact on the amount of money you can spend during your trip. Most charge fees in order to withdraw cash, and those fees can add up fast.
When you travel, it’s always a good idea to reduce the number of times you withdraw cash. Just one or two large transactions can save you tons of money.
Exchanging cash costs money too! After dealing with the exchange rate and fees, you’re better off approaching the counter just once for a large transaction instead of many times for multiple transactions.
Don’t Carry All Your Cash With You
If you’re following the rules on this list so far, you probably have a pretty large wad of money. You shouldn’t carry it with you.
Instead, bring what you need for the day and hide the rest in your hotel room. Not only does it prevent you from overspending, it also means you aren’t Peso-less if a thief decides to take you for all you’re worth on the street.
Be Smart About How You Carry Your Cash
Speaking of thieves, pickpockets are very good at spotting travelers, and they’re very good at taking your money without you noticing. Keep your cash safe by:
– Using a money belt
– Wearing a neck wallet
– Carrying your cash in your front pocket
– Swinging a shoulder bag or backpack to the front of your body
By all means, think carefully about buying that knickknack and take advantage of free breakfast when you’re traveling in the Philippines. But, if you really want to make sure you get the most out of your cash, follow these tips and you’ll have more money that you can spend your way while you’re on vacation.