If you are planning on doing some International travel, you’ll be faced with converting dollars to the local currency. I’m going to show you some traps and pitfalls you may encounter, and then I’ll give you a few helpful tips that could make your travel go very smoothly.
When I first started traveling, it was always a hassle to go to my bank a month or so before departure and get a bundle of cash converted to my destination’s local currency. The alternative was to convert a few hundred dollars at the airport “Foreign Exchange” booths. I came to find out that it was not only dangerous to carry large blocks of cash, it was also unnecessary.
Along the way I discovered that Las Vegas didn’t have a lock on “One-Armed Bandits”!
I can not emphasize too much that the world out there is ready, willing, and able to scam you ferociously. Money scams abound. Some are right there in plain sight.
Let’s talk first about the “uncommon scams”.
You’re traveling through, say, a park near the Louvre in Paris, when someone comes up to you with a sob story in broken English and a bundle of local cash. He/she needs dollars for ‘something’