Planning for a trip, particularly a long one, is very important to ensure that your travel is hassle-free. Whether you’re travelling for professional or personal reasons, a well-planned trip prevents complications and makes sure you achieve whatever it was you intended to achieve on your trip.
Crucial to every travel plan is the financial aspect of your trip. How are you going to deal with the expenses of going around those tourist spots? Some people prefer carrying cash, while others prefer using their credit card. The ideal way of funding your travel is having BOTH. Carrying a specific amount of cash as well as your credit for long travels is the ideal thing to do because of multiple reasons.
By having two different modes of payment on you at all times, your purchasing options are not limited. Cash is always handy for small purchases as well as paying for bus fare and other travel expenses. Carrying a credit card with you, on the other hand, allows you to spend your cash only when necessary as you can use credit to make larger purchases or pay for meals. While this option isn’t necessarily cheap, it’s convenient, and allows you to properly manage your cash and credit card purchases more wisely during the duration of your trip.
By having both a credit card and cash during your trip, you have the piece of mind that comes with knowing that even if unpleasant things like having your stuff stolen or getting into medical emergencies happen, you have enough means to support yourself. In the unfortunate event that you fall prey to a pickpocket, something that tourists tend to be a victim of on a semi-regular basis in certain parts of the world, having both cash and credit card will be beneficial to your safety. Most thieves will be satisfied with just getting to your cash and will likely leave you alone afterwards. Credit cards are secured so in the event of a stolen wallet, reporting and replacing it will be easy. In essence, any unforeseen circumstances can be faced by being prepared, and carrying around more than one way to access funds is being properly prepared.
Savings and Rewards
Using cash during your travel is a great way to save. You avoid having to pay specific fees by shelling money out for purchases with cash. Credit cards, for the most part, have a rewards system in place if you use the card frequently. These rewards vary from cash backs to frequent flyer miles to freebies.
By traveling with both cash and a credit card, you take full advantage of the benefits of both while avoiding the cons that having each of the two exclusively brings. Cash limits your purchasing power, depending on the amount of actual cash you have on hand. Cash is also very easy to steal, and it’s a very likely scenario to be in a strange land without any money at all if you get all your cash stolen. Credit cards, on the other hand, are costly, because of the aforementioned fees. Cards also make it more difficult to shop, as not all stores (especially the small ones) accept credit cards as a method of payment. Having both cancels each other’s disadvantages out.
In all aspects of life, it’s always good to have options. Having options means more flexibility, security, and advantages. It gives you a chance to make decisions based on what’s best for you in a specific situation. Whenever you’re planning on going on a long trip, do not restrict yourself to carrying either cash or a credit card—especially when carrying both yields so much positive results.