Originally Posted by s/v Beth
These are both good points. We haven't covered what a cruiser needs for shore leave. $$ and how to carry it is a discussion on its own. Cash, credit, gold?
For travelling outside own country a mix of approaches works well - nothing half as frustrating as having money
, but simply not being able to access it!
The advantage of course for a cruiser is that even when the cash stops flowing (unexpectedly) that have a roof over head
in the cupboard....and can afford to wait.
- not just "hard" currency, but local stuff as well.
- If someone clones, skims or steals it then only a PITA, not a complete disaster, plus for some things only a c/c will do (i.e. hire car). The "insurance" when buying
over the internet
or anything else that is delivered after payment is also nice. For worldwide acceptance VISA is my no.1 pick, then MASTERCARD. Both ideal.
- Sometimes using own money
(and being able to check the balance is useful), just don't put more in that account than you could afford to lose (monthly automatic transfers in).
Local Bank Account -
especially with a debit (ATM) card attached. If (when!) you do have problems far easier to sort out when you can walk into a local bank (even if not your own branch). Again, think carefully before putting life savings in!
- Ok, so they are old school! - but they work, and are easy to count
(and the modern day equivalent is a pre-loaded card - care on the T&C's, especially on expiry if not or only partially used).
- plusses is that easy to see your money and to transfer around / make payments and minuses is that security
can be a problem, not so much if not using Internet
Cafes but WIFI
also not 100% bombproof. Again, don't need to have it on your entire life savings - hell, don't even need to have only 1 bank "back home"....which is my favoured approach (Internet Banking just so useful).
- the time to set up is before you leave, not so much for doing the regular stuff but for when things go wrong. Otherwise risk being told (politely!) to foxtrot oscar.
- unless where you are visiting is full of gold shops (and buying
and selling is common from local demand - i.e. in Thailand) then I would forget about it as "money". Even for somewhere like Thailand
I wouldn't bother (not to say that I have not been involved with folks who have helped me out of the odd cashflow problem by selling / pawning there own gold - but there were alternatives, mostly involving not drinking for a few days - or a week
). And of course some places (like Thailand) have different Gold standards, not to say that folks won't take "Foreign" gold (hey, it's gold!) but that could be reflected in price
Main use for gold in Thailand
was "Back in the day" - for exchanging for freindly female company
- More western focused, but can also p/ex those for "freindly female company". But flowers iz cheaper
FWIW I always used a mix of the above (except the last one
) and in latter years dropped the credit cards (for me too hard to keep a track of my spending - but to be fair, that could be collosal and I was usually loaded
....possibly those were linked).
Money just like boats, having options is nice. and sometimes essential.