I think just being aware of your surroundings is #1
I've travelled a decent amount and never once felt the need to wear a money belt, typically when I go out I have 1 peice of Id, visa, and cash in my front pockets, that's it.
I think it also has a lot to do without looking like a straight up tourist/mark for people. I've never once felt like I was in danger or in danger of being scammed etc. Gotta have a head on your shoulders.
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