My #1 Financial Tip for Travelers: Forget the Miles… Get Yourself a No FX Credit Card!

  This one will surprise many because as crazy as it seems to me, nobody even thinks about doing this. Banks are some of the richest companies in the world, with billions of dollars of profit every year! how do they achieve this? With interest! Yes, they charge you an incredible amount of money that is extracted every time you take out money, pay for something, etc. So what is my number one tip? Get yourself a “No Foreign Exchange Fee Credit Card” in your home country! Credit cards are an extremely useful tool for the traveler! they make cross-currency transactions painless and avoid getting tons of change in your pocket. I use it more and more now as Visa and Mastercard have done a great job expanding to even the most remote countries in the world. The only problem is that as soon as you buy something in a different country in a different currency, they will add a percentage on that exchange rate […]

Read More...