Getting caught up in the excitement of traveling to a new country is easy. You’ll finally see the sights and experience the culture you’ve only read about. But before you go, it’s essential to be aware of the dangers that can await you there. One of the biggest dangers is financial scams. Criminals are experts at taking advantage of tourists who are unfamiliar with their surroundings and don’t know how to protect themselves. This article will discuss how to Avoid Financial Scams while abroad.

Tips To Avoid Financial Scams Abroad

These days, fraudulent people are becoming more creative in scamming people out of their Money. So, it’s essential to be aware of the different types of scams. Here are some tips to avoid being scammed while you’re abroad:

1. Do Your Research Before You Go

One of the best ways to avoid being scammed is to do your research before you even leave for your trip. Read up on the country or countries that you’ll be visiting. Be familiar with the customs and culture. And most importantly, learn about the common scams in that area. Knowing what to look out for makes you less likely to fall victim to a scam.

Scammers usually prey on people who appear to be tourists. So, if you can blend in and not look like a tourist, you’re less likely to be targeted.

Wearing local clothing and speaking the language are two ways to help you blend in. But even if you don’t speak the language fluently, learning key phrases will help you seem more like a local. For example, saying “Bonjour” instead of “Hello” in France will help you blend in more.

2. Be Wary of Strangers

When you’re in a new place, it’s easy to let your guard down and be more trusting of people. But you need to be careful. Not everyone is who they seem. If someone approaches you and offers to help, be cautious. Don’t give them any personal information or money. If possible, try to find someone who works for the tourist office or your hotel to help you.

Most of the time, scammers will pose as helpful strangers. They may offer to be your tour guide or help you change money. They may even claim to be a police officer. If someone approaches you and offers help, the best thing is to decline and walk away politely.

3. Keep Your Money Safe

One of the most important things to do when traveling is to keep your money safe. Never carry all of your cash with you. Keep some in your hotel room, and only carry enough for the day with you. Put it away in a safe place when you’re not using it. Avoid wearing expensive jewelry or watches that could attract attention.

Having more than one form of payment with you is also a good idea. That way, if you lose your wallet or it’s stolen, you’ll still have access to money. Carry a mix of cash, debit cards, and credit cards. And make sure you know how to use them before you go.

4. Have Your Money Exchanged Before You Leave

“When you’re getting ready for your trip, one of the things you’ll need to do is exchange your currency,” adds Bernadette James, a financial analyst with Crown Currency. “But don’t do it at the airport. The rates are usually not very good. Instead, exchange your money before you leave. You can do this at your bank or through a currency exchange service”, adds James.

Having money in the local currency will help you avoid being scammed. For example, some scammers will offer to change money for you at an excellent rate. But when you give them your money, they’ll give you fake bills or less money than what you were supposed to get.

Exchanging your money before you leave will also help you avoid ATM fees. You’ll usually be charged a fee when you use an ATM in a foreign country. So, getting cash from an ATM is better before you go.

5. Be Careful of Paid Tours That Are Too Good To Be True

When planning your trip, you may come across some paid tours that are too good to be true. For example, a very cheap tour or a tour that promises to show you the “real” side of the city. Be careful of these tours. They may be scams.

Do your research before you book any tours. Read reviews and see what other people have to say. And if something seems too good to be true, it probably is.

These are just some ways to avoid being scammed while traveling. By following these tips, you’ll be able to enjoy your trip without worry. Don’t make yourself a victim of a scam. Always be prepared and cautious.

This article How To Avoid Financial Scams Abroad originally appeared on Rick Orford - Invest, Earn More Income & Save Money.