![]() ![]() The individual in charge of the family finances typically takes care of balancing the bank account, paying bills, and investing. One spouse in charge of all the family finances is very typical in families. Prior to discussing the pros and cons of hiding money in a secret account, let’s talk about another way you can protect yourself financially: take on an active role in the family finances. It is important that you consider your personal circumstances and consider the possible consequences prior to hiding money in a secret account. However, keeping a secret account could potentially cause more problems in the long run. Keeping a secret account may be necessary or appropriate for some people due to their personal situation. The money we are discussing is enough that would allow an individual to be able to leave a marriage and/or hire a divorce attorney. It isn’t even just enough money to get a hotel for a couple days if there is a marital argument. It is important to note that the money being discussed is not to buy an expensive purse or shoes without your spouse knowing about them. But the question is, is it wise to have a secret fund in case of divorce? Sometimes, you can tell that things are not going well in the marriage and that a divorce is inevitable so you set money aside for when it happens. Some people in happy marriages hide money away to give them peace of mind just in case something does happen. If you need to take more money out on the town, no worries, there are lots of ways to keep your money safe while travelling… The best ways to stash your cash while travelling all have one thing in common – you should hide your money on your body.Have you ever thought about putting money away in a special account? A rainy day, “I need to get divorced” fund? The idea of putting money away in a secret account is not new and there are many reasons people hide money in case of a divorce. I simply top up the dummy wallet as I go, this is also a fairly helpful tip for budget backpacking! I tend to travel with a dummy wallet, in which I keep small bills for day to day shenanigans and another proper wallet which rarely leaves my accommodation. You can hand this over knowing that your money is safely hidden away. Enter the dummy wallet – a pre-prepared wallet with just a few bucks in it and some old library, or other largely useless, cards. If you are in a ‘shit I’m about to be mugged’ situation, it helps if you have something you can surrender willingly. You can get that percentage up to 99.9% if you are smart – don’t make it obvious that you are traveling with cash. 99% of the time, the world is a very safe place to travel in. Try to avoid flashing your cash and instead be ready with small bills. A friend of mine had a thousand bucks stolen from his backpack, it sucked. Try to avoid having your money hidden away in your backpack, whilst this will often be OK it only needs to go wrong once. Hide your cash on you when you are traveling. I recommend having some money in a travel security belt and the rest in a couple of other concealed places on your body… Tip #2 – On-body storage is best There are lots of places to hide money when traveling but if you just hide everything in one spot, you could really screw yourself over. To avoid losing everything, split up your money into three locations. Tip Top Tips for Traveling with Cash Tip #1 – Split up your money So, how should you carry cash when traveling? First things first, let me run you through my top tips for keeping your cash safe in general and then I’ll introduce you to the best ways to hide your money when traveling… I decided to split my cash into several different secret places to hide money… I knew that I needed to hide my money while traveling in Venezuela and so, whilst in Colombia, I came up with a proper plan to conceal my money whilst traveling. Whilst travelling across Venezuela, I had a literal pillowcase of Venezuelan bolivars hidden away as well as a few hundred dollars which I kept on me at all times. Local thieves know that backpackers have foreign currency on them and with foreign currency worth an absolute fortune in Venezuela, this makes travellers a target. Venezuela, in particular, poses a bit of a problem for backpackers as it’s a country with spiraling inflation and a crazy crime rate. And anyway, if you know anything about how travel foreign exchange works, you’ll want to bring cash rather than just relying on ATMs and cards. In some countries, like Venezuela, there is a black market exchange rate on cash and this means that if you are to get the best bang for your buck you have to bring cash into the country. Quick Answer: Best Ways to Hide Cash when Traveling #1 – Security Belt with Hidden Wallet #2 – Undercover Leg Wallet #3 – Wrist Wallet #4 – Hidden Pockets #5 – Ways to Hide Money ![]()
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