SECURING YOUR STASH
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Wherever there’s money, there are complexities and danger. This is especially true for travelers converting currency. While just about every international traveler must undertake this task, most don’t see the inherent threats that come with it.
Before we dive into the monetary aspects of this discussion, be aware that there are places in the world that still have a deeply ingrained bartering culture. Knowing what’s valued in the places you visit is golden. I once paid for a couple of nights of lodging and food with a multitool and a military field jacket. Realize that things are valued differently in different places. Do your homework. Travel forums and backpacker blogs will almost always have some valuable insights on this. Your skill sets can also be a commodity. If you’re good at fixing things, know your way around a computer, have a skilled trade, or just aren’t afraid of manual labor, that can pay for things in the third world. The main thing to realize is that you have to adjust what’s possible in your mind when you travel. You can’t get away with paying for a meal at Chipotle by fixing the manager’s Kia, but that might work in Chiapas at a roadside taco stand.
There will, however, be times when you’ll have to use some form of good old-fashioned currency, and this is where things can get a little bit complicated if you aren’t careful.
When it comes to the actual logistics of carrying money, I recommend adopting a three-tiered strategy.
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