Friday, March 31, 2006

One Way to Save Money While Traveling Abroad

I’ve traveled to approximately 20 countries. Initially, I would use currency exchange kiosks as many as four or so times in each country. Eventually, I realized that I was unnecessarily throwing money away in currency exchange fees. I learned that my credit card(s) offered much more competitive exchange fees (if charging any at all).

The little kiosks have much higher per transaction overhead costs. My advice: stick to the kiosks for only converting enough money for public transportation or some other small amount; use your credit card everywhere else. You’ll likely save money in the long run.

The wife and I are leaving for our move to Tennessee within the next 3 hrs (2060 miles to go).


Anonymous said...

Don't forget to tell your wife she's the best 10 you see.

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