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Re: [at-l] Travelers Cheques

>Hi all,
>Travelers Cheques come highly recommended for a way of getting money on
>the trail. What are good denominations to get? You have to sign for each
>check at the bank and I wouldnt want to sign all twenties if I dont have
>to.

A weary wrist is the least of your worries. I never carried anything above
a 50. Here's the formula: the larger the TC you carry, the more often
you'll end up with cash in your pocket. When I got $500, typically I'd get
300 in 50s, and 200 in 20s. I'd use the 50s for motels, gear, groceries,
etc., and the 20s for snacks, beer, pizza, etc. If I was doing it over
again, I'd carry more 20s and  maildrop more often--they were just more
convenient and kept me from going over budget on impulse.

BTW, one thing I did that did NOT work was having my wife send money orders
to me, which I'd convert into TCs. (We didn't buy a whole bunch of TCs
pre-hike, chosing to let the cash stay in an account and draw interest.)
Once I got out of the south, no one would accept the money orders unless I
had an account with the bank I was trying to cash it in. Right.

--Rhymin' Worm


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