Whether you’re traveling for a few days or weeks, it’s always important to get the best out of your hard-earned money. It should always be at the top of your list.
Here are the best money travel tips:
TIP#1 – Exchange currencies before traveling to another country.
Convert your money before traveling to save money from hefty airport fees and the hassle of exchanging your currency at your destination. It will also give you a good idea in how you can budget your money before traveling. Another tip is to search for current exchange rates day by day to get the highest exchange rate if possible.
TIP#2 – Make sure to do your research.
It’s easy to spoil yourself while on a vacation, shopping, and buying gifts or souvenirs. And you can actually do, just make sure to search the best shopping areas in the current city or country you’re traveling to. This way you’ll be sure that what you’re buying is worth the value of your money. You can also add more budget for shopping by using free public transport, accessing free wi-fi, and using the money you save to buy more things.
TIP #3 – Get a Multi-Currency Cash Card.
Secure your transactions while paying your goods and services overseas by using your credit card instead of debit card. It’s smarter to use your on-hand debit card mainly for withdrawals and shopping purposes. Just make sure that you keep track of your expenses, so you don’t have to spend all of your money.
TIP #4 – Dine like the locals.
When traveling, food is probably one of the best tourist attraction. However, this doesn’t mean that you have to try all the fancy restaurant near your hotel. The best way to enjoy local foods is by actually trying their street foods. Visit local food markets on the country you’re visiting, and I’m sure you won’t get enough of all the local delicacies to try.
TIP #5 – Keep your receipt for refundable taxes.
Many countries offer refundable taxes to their tourists. So make sure to gather all the receipts of the goods and gifts you bought, and make sure to refund your taxes in their airport before going back to our country. Countries that offer refundable taxes are Australia, Japan, Korea, Canada, Taiwan, the United Kingdom, and the United States.
Sources: Travel Money OZ
Hi! I’m Erika Yap Celario, a millennial frugalist, who’s here to help and join you on your journey to financial freedom. I’m also a proud Financial Advisor and Licensed Insurance Agent of Sun Life. For questions or concerns, you can email me at firstname.lastname@example.org or call me at 09194872581.