I am planning a trip to eastern/northern Europe - this will be my first time traveling outside of the United States. My plan was to have a set amount of USD converted to foreign currency, then put most of my expenses on a credit card that does not charge foreign transaction fees, then just pay the expenses when I return home. It will be a backpacking style trip, so I won't be staying at one hostel/hotel any more than a couple of days.
A thought came to my head when a coworker was mentioning pickpockets in a certain city. What if my wallet is lost or stolen while abroad with all of my currency in it? What are my options in order to obtain a replacement credit card while traveling? What steps should I take to prevent losing all of my money & cards at once?