View Single Post
Old 06-09-09, 04:44 AM
  #5  
mev
bicycle tourist
 
Join Date: Dec 2007
Location: Austin, Texas, USA
Posts: 2,299

Bikes: Trek 520, Lightfoot Ranger, Trek 4500

Mentioned: 13 Post(s)
Tagged: 0 Thread(s)
Quoted: 476 Post(s)
Liked 263 Times in 178 Posts
Originally Posted by sleizure
I've got the saving of funds thing down pat, but what I haven't been able to figure out, is how are people dealing with their finances on the road?
What I've done for a long tour:
- get rid of all bills I could and/or pay some in advance
- put $ into a joint account with someone back home. They paid
those once in a year bills that came in like property taxes or insurance
or something unpredictable
- used two ATM/debit cards, one of them on the same account
- carry a small amount of emergency cash in euros or us $

I used to have only one ATM/debit card, but on my first trip to Russia it stopped working. I'd gone to my credit union before I left and gotten a notice put on the account where I'd be traveling. However, the credit union had some numbers stolen and hence had put a system-wide block on all ATM transactions in Russia.

I would expect there to be a fair amount of ATMs in Mongolia. If you are coming in overland, you'd likely exchange your last yuan/rubles into Mongolian currency and if flying in, there are bound to be ATMs at the airport as well as throughout Ulan Bator. In the last 15 years the number of ATMs have dramatically increased worldwide.
mev is offline