MONEY FOR TRAVELLING: what you need to know

Community   »  »  Blogs   »  MONEY FOR TRAVELLING: what you need to know

MONEY FOR TRAVELLING: what you need to know

Updated 2 years, 4 months ago

The most important component of a successful holiday is money that you can take with you in the form of cash, credit cards or traveler's checks. But how much money to take, as well as how to keep them in a safe and sound?
Cash is best to be taken in the form of the national currency of the country to which you are going. Although there are some nuances. To Europe, of course, you need to take the euro and to the US - dollars. But it’s better to import the euro to Cuba. Dollars will be welcome in Egypt, Tunisia, Turkey, Vietnam, China, India, Indonesia, Thailand, Dominican Republic, Israel, UAE and Seychelles Islands.
In addition you need to consider the note. So do not bring large notes in denominations of € 500, because they are hard to pay off, as the sellers are afraid of fakes. In Southeast Asia, on the contrary, it is better to take the hundred-dollar bills; there is the most favorable rate.
In some countries, old dollars aren’t taken (Philippines, Indonesia, Kenya, Zambia, Tanzania), and if they are changed, then at a very disadvantageous exchange rate.
Also be sure to take a bit of small denominations along, which can be useful for you already on arrival, for example, to pay porter and go away from the airport by taxi or bus.
Bank cards
Plastic cards are the most convenient way to save money, however, if they work smoothly, are valid abroad and if you visit a civilized country. Sometimes just using a bank card, you can stay in a hotel or rent a car in Europe, as they do not want to have a deal with cash. Sellers also prefer cards, because it's more convenient and safer.
How much you should take for journey
First of all make a general plan costs and calculate the daily cost per person. Such question is purely individual; much depends on the financial situation, the purpose of travel and personal preference. But you can still make a rough list on what you’ll spend your money:
• Food (cafe, restaurant, food from the supermarket, or the market).
• Transport (taxi, bus, subway).
• Internet and cellular communication.
• Guided tours, tickets to galleries and museums, as well as other local attractions.
• Entertainment (water park, circus, rides, concerts and other shows).
• Rest (spa treatments, beach equipment).
• Shopping (amount is determined in advance).
• Souvenirs for relatives and friends.
• Incidental expenses (approximately 20% of the total sum).
About the author: Nick Morgan is a writer of various articles about travelling. He likes go on travel to Europe, especially to German and Spain. Nick is also interested in cinematograph, Russian literature and poetry. At the moment he works as a freelancer for

Share this Blog with Your Friends...

Use your social channels to let your friends and followers know about this.

Leave a Comment Below...

Love this, or have something to add? Why not let the community and the author know in a comment below? Please be aware that comments are moderated, self-promotion or abusive behaviour will get you banned, and rel="nofollow" is in use


Loading comments ..