Do I need a “Money Belt” while walking the camino de Santiago?

Money belt on the Camino de Santiago
Money belt on the Camino de Santiago

The question of how to best store your money/creditcards/.. on the Camino comes up once in a while. Here is one variant:

I’ve only ever had a wallet, I’m going to have to change. Now ‘bum belt’ get in the way of ruck sack, how do other deal with this?

Read all the good advice on storing valuable while walking the Camino de Santiago here.