Three tips for currency conversion and travel abroad

Technology can be both a blessing and a curse. For me, I love the convenience of the ATM when I travel, but I’ve also had my fair share of fits over technology. If you’re planning on traveling abroad soon, and you haven’t thought about currency conversion yet, here are a few helpful tips I’ve learned over the years:

Know…

Traveling abroad? Be wary when carrying cash

Some friends came over the other night for dinner and drinks and we were talking about how much cash they should take on their upcoming trip to South America.

Talked turned to currency conversion tactics, and one friend said: “Don’t take cash. Use your credit card or ATM card.”

I disagree. While Traveler’s Cheques and plastic are certainly a must, having some…

Rent a condo when traveling

Cramming your family into a single hotel room or trying to book adjoining rooms for your vacation can be challenging and time-consuming. And, in the end, what do you get? Probably far less space than that to which you are accustomed, little privacy, and fewer dining choices because there’s no kitchen. That’s no savings…

Fortunately, there’s a great alternative that can save you a good bit of money…

Currency conversion fees can crimp vacation funds

Traveling abroad can be an exciting and wonderful experience. However, you must plan for how you’re going to pay for the things you need while in other countries. That’s why understanding currency conversion helps.

Basically, you can pay by credit or debit card, travelers’ checks or cash. The cash, of course, needs to be in the currency of the country you are visiting.

Many U.S. banks will provide foreign currencies for…