I just registered for the
Shalom Hartman Institute summer program in Jerusalem (after confirming a sane refund policy in case the region goes pear-shaped in the meantime). My rabbi recommended this program a few years ago and I've been eying it every year, and this year the stars aligned (dates, interesting topic, timely responses to email queries
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I prefer to have more like $50 of the local currency before heading off on a journey. I usually try to find an ATM as soon as possible after arriving to get more cash, but sometimes it takes a day or so, so it's good to be covered until then. Also, I always use ATMs to get local cash, not traveler's checks or other exchange places. I know nothing about the ubiquity of ATMs in Jerusalem, so check on that first, but if they're common, you generally get a better exchange rate that way. When I was flitting about Europe a few years ago, the friend I was with brought traveler's checks, and it was a real pain to find someplace that would take them/exchange them. But make sure you let your bank know where you'll be traveling so they don't block the card. (If traveling someplace where ATMs aren't common, though, never mind.)
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You can still get a cash advance from an ATM using a normal credit card, though.
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