I will be taking a three week class in Florence with my two friends.
My friends and I had planned on converting $1500 to Euro at our local bank for a flat fee of $7.50 to use as spending money. Once at our apartment we plan to leave the bulk of the cash there and carry small amounts at a time. We all have our own credit and debit cards to use as a backup also.
My parents don’t like our plan because they are worried that I will get mugged while carrying the money from the airport to my apartment and that the apartment could get robbed with all the money in it.
The whole point of our plan was to avoid a bunch of annoying transaction fees for using our cards. I don’t think we will get mugged our have our apartment broken into. My two friends have already converted their money.
Is this plan unwise?