Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 23-08-2013, 10:54   #1
Registered User

Join Date: Aug 2013
Posts: 17
Where do you put your Cruising Money?

When cruising, where do people keep their money? Debit/ATM cards? credit cards? cash? travellers cheques? solid gold bars? I hope to be island hopping in the Caribbean in early February and I'm not sure which option is the best. I live and work in Peru and have a bank account here, but I don't know if I should put my money somewhere else. Any ideas?
__________________

__________________
mtjewell81 is offline   Reply With Quote
Old 23-08-2013, 11:05   #2
Registered User

Join Date: Dec 2010
Location: W Carib
Boat: Wildcat 35, Hobie 33
Posts: 7,923
Quote:
Originally Posted by mtjewell81 View Post
When cruising, where do people keep their money? Debit/ATM cards? credit cards? cash? travellers cheques? solid gold bars? I hope to be island hopping in the Caribbean in early February and I'm not sure which option is the best. I live and work in Peru and have a bank account here, but I don't know if I should put my money somewhere else. Any ideas?
"Yes" is my answer to most of these questions...its good to have options. I mostly use debit cards, have a high limit CC for emergencies, and keep some cash reserves stashed (not a lot...usually no more than $500).

I've also half joking thought about stashing tangible valuables (gold, jewlery, etc) in a lock box in case things really go bad.
__________________

__________________
belizesailor is offline   Reply With Quote
Old 23-08-2013, 12:27   #3
Registered User

Join Date: Aug 2013
Posts: 17
Re: Where do you put your cruising money?

Thanks. I will diversify.
__________________
mtjewell81 is offline   Reply With Quote
Old 23-08-2013, 12:43   #4
Pusher of String
 
foolishsailor's Avatar

Cruisers Forum Supporter

Join Date: Feb 2007
Location: On the hard; Trinidad
Boat: Trisbal 42, Aluminum Cutter Rigged Sloop
Posts: 2,314
Images: 19
Its not where you put it but where you remember it. When I was youngish on my first cruising boat I boat I opened this combo french press/thermos thingy that was buried deep in a locker. I had broken my italian stove top cheapo thingy and still wanted a cup of coffee. I was cash poor, as most young sailor are, and when I opened the thingy up to pour coffee grounds and hot water I was surprised by $1000 in $100 bills. Utterly gobsmacked I made the best coffee of my life.
__________________
"So, rather than appear foolish afterward, I renounce seeming clever now."
William of Baskerville

"You will do foolish things, but do them with enthusiasm."
Sidonie Gabrielle Colette
foolishsailor is offline   Reply With Quote
Old 24-08-2013, 07:23   #5
Registered User

Join Date: Dec 2010
Location: W Carib
Boat: Wildcat 35, Hobie 33
Posts: 7,923
Quote:
Originally Posted by foolishsailor View Post
Its not where you put it but where you remember it. When I was youngish on my first cruising boat I boat I opened this combo french press/thermos thingy that was buried deep in a locker. I had broken my italian stove top cheapo thingy and still wanted a cup of coffee. I was cash poor, as most young sailor are, and when I opened the thingy up to pour coffee grounds and hot water I was surprised by $1000 in $100 bills. Utterly gobsmacked I made the best coffee of my life.
I was on the other end of a similar story, I had stashed about $1,000 in a book the first time I went cruising and forgot about it. On our return we had a local guy cleaning the boat and he found it. I dont think he had seen that much money in his life...he walked up to me with a fist full of $100 bills and a stunned look on his face. I gave him $100 as a tip and we both walked away happy!
__________________
belizesailor is offline   Reply With Quote
Old 24-08-2013, 07:30   #6
cat herder, extreme blacksheep
 
zeehag's Avatar

Cruisers Forum Supporter

Join Date: Jul 2008
Location: furycame alley , tropics, mexico for now
Boat: 1976 FORMOSA yankee clipper 41
Posts: 17,769
Images: 56
Send a message via Yahoo to zeehag Send a message via Skype™ to zeehag
Re: Where do you put your cruising money?

i dont keep a lot of cash and i dont brag on where it is kept--
many soul shave wifi that might want to catch up on back rents or whatever--i do not cruise where folks are used to seeing much money in one place and sometimes their hands find a stickiness......and some end up like some of the boats wherein folks are clobbered for their toys and dough. is not a cool thing to brag or complain on where you keep your travelling dough.

also--dont show off all your toys at one time while sailing or traveling--those toys are worth money in sales to other folks with nothing..

but, then, all you bragging on where you keep things--are you actually out here cruising or are you thinking on it....might wanna revise your plans --keep your dough in a different place than you brag on.
i think enough soul shave been clobbered fro their goods , dont you??? i believe that some souls who didnt get clobbered but did get boarded by bandidos who stole items would also agree on this point..
zeehag is offline   Reply With Quote
Old 24-08-2013, 07:32   #7
Registered User
 
settingsun's Avatar

Join Date: Oct 2009
Location: Traveling
Boat: 2008 Hunter 44DS
Posts: 143
Re: Where do you put your cruising money?

Quote:
Originally Posted by belizesailor View Post
I gave him $100 as a tip and we both walked away happy!
Great story, BelizeSailor!!

We use a debit card in Mexico as it is a mostly cash society except in the big tourist destinations.

Getting a replacement card of any kind would be a big hassle in Mexico, so we limit our credit card use (to avoid fraud) and have a second debit card just in case the first one quits working (magnetic strip dies, or whatever).

We prefer to go to a bank lobby to do debit card transactions just in case the ATM machine doesn't work right (several friends have been shorted by standalone machines and had no recourse). Also, sometimes the machine furthest from the door has a lower ATM fee than the one closest to the door (seriously!!).
__________________
s/v Groovy
Cruising full-time by sailboat and RV since 2007.
http://roadslesstraveled.us
settingsun is offline   Reply With Quote
Old 24-08-2013, 08:00   #8
o_q
Registered User
 
o_q's Avatar

Join Date: Apr 2012
Posts: 291
Re: Where do you put your cruising money?

Announcing where you hide something is not bragging. Bragging would be if you were prideful of the amount of money you had.

Definitions


brag: say in a boastful manner.

boast: talk with excessive pride and self-satisfaction about one's achievements, possessions, or abilities.
__________________
o_q is offline   Reply With Quote
Old 24-08-2013, 08:10   #9
o_q
Registered User
 
o_q's Avatar

Join Date: Apr 2012
Posts: 291
Re: Where do you put your cruising money?

I don't have a boat, but if I did, I wouldn't store cash. For security purposes, I don't carry more than $20 in my pocket. When I didn't have a bank account, I kept my money in a safe even when I was living alone.

I don't like this thread because this question sounds like something a thief would ask. If you want to hide your money, you'll figure it out.
__________________
o_q is offline   Reply With Quote
Old 24-08-2013, 08:14   #10
cruiser

Join Date: Aug 2011
Location: Tampa Bay area
Boat: Hunter 31'
Posts: 5,731
Re: Where do you put your cruising money?

Quote:
Originally Posted by mtjewell81 View Post
When cruising, where do people keep their money? Debit/ATM cards? credit cards? cash? travellers cheques? solid gold bars? I hope to be island hopping in the Caribbean in early February and I'm not sure which option is the best. I live and work in Peru and have a bank account here, but I don't know if I should put my money somewhere else. Any ideas?

I am not going to tell online. Look around your boat, be clever, and go to it once a day until its location is BURNED into your head.
__________________
Rakuflames is offline   Reply With Quote
Old 24-08-2013, 08:53   #11
Registered User
 
capttman's Avatar

Join Date: Apr 2011
Location: Satellite Beach Florida
Boat: Bruce Roberts 434
Posts: 716
Send a message via Skype™ to capttman
What money
__________________
Capttman

"When the bow be in the trees we'll be running out of seas"
capttman is offline   Reply With Quote
Old 24-08-2013, 09:12   #12
Certifiable Refitter/Senior Wannbe
 
Wotname's Avatar

Cruisers Forum Supporter

Join Date: Jan 2008
Location: South of 43 S, Australia
Boat: Van DeStat Super Dogger 31'
Posts: 7,331
Re: Where do you put your cruising money?

You could emulate these guys; they kept their stash hidden for quite a while...

Almost 750kg Cocaine on Yacht in Vanuatu
__________________
All men dream: but not equally. Those who dream by night in the dusty recesses of their minds wake in the day to find it was vanity: but the dreamers of the day are dangereous men, for they may act their dreams with open eyes, to make it possible. T.E. Lawrence
Wotname is offline   Reply With Quote
Old 24-08-2013, 09:43   #13
cat herder, extreme blacksheep
 
zeehag's Avatar

Cruisers Forum Supporter

Join Date: Jul 2008
Location: furycame alley , tropics, mexico for now
Boat: 1976 FORMOSA yankee clipper 41
Posts: 17,769
Images: 56
Send a message via Yahoo to zeehag Send a message via Skype™ to zeehag
Re: Where do you put your cruising money?

saying that you have bux or ways to obtain bux stashed on your boat somewhere is bragging to those who havent your income nor expendable cash. think about it.
zeehag is offline   Reply With Quote
Old 24-08-2013, 20:22   #14
Registered User
 
Celestialsailor's Avatar

Join Date: Nov 2006
Location: In Mexico, working on the boat
Boat: Hallberg Rassy 35. and 14ft.Whitehall pulling skiff.
Posts: 8,013
Images: 5
Re: Where do you put your cruising money?

Quote:
Originally Posted by capttman View Post
What money
...no sh*#!
__________________
"Life is not a journey to the grave with the intention of arriving safely in a pretty and well-preserved body, but rather to skid in broadside, thoroughly used up, totally worn out, and loudly proclaiming: Wow - what a ride!"

http://wwwjolielle.blogspot.com/
Celestialsailor is offline   Reply With Quote
Old 24-08-2013, 20:32   #15
o_q
Registered User
 
o_q's Avatar

Join Date: Apr 2012
Posts: 291
Re: Where do you put your cruising money?

This guy looks like he's bragging
__________________

__________________
o_q is offline   Reply With Quote
Reply

Tags
cruising, money

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Make Money While Cruising - List Agility Boat Ownership & Making a Living 1461 19-10-2017 12:47
What Should You NOT Do on a Boat ? Nostrodamus Off Topic Forum 189 22-12-2013 18:52
Seven Seas Cruising Association -SSCA PamlicoTraveler Cruising News & Events 130 27-09-2013 08:52
Is Family Cruising Dead ? UnlikelyVoyager General Sailing Forum 76 30-01-2012 06:18
For Sale: VHFs, Offshore Medical Kit, Cruising Guides, Chart Cards, etc. svdreamkeeper Classifieds Archive 0 04-12-2011 18:10



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 08:49.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.