Everyone dreams of traveling abroad, but the worry of money sometimes makes this experience stressful. If you want to enjoy your trip to the fullest, then correct money management is very important. To avoid spending money at the wrong place or paying more charges unknowingly, it can be beneficial to adopt some easy money hacks. Here in this article, we are sharing 10 such tips, which will help in keeping your foreign travel tension free and within budget.
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10 Easy Money Hacks for Traveling Abroad without Any Worry
1- Tell the bank about your travel
Before going abroad, inform your bank about the travel. This can save your cards from getting blocked, and you will be able to withdraw or spend money abroad without any hindrance.
2- Do not change currency at the airport
Currency exchange at the airport can be expensive. Try to buy foreign currency before traveling. If this is not possible, then withdraw currency from the bank or ATM at the destination.
3- Check credit card fees
Before using the card abroad, know how much charges will be levied on it. Some international credit cards charge low fees, use such cards.
4- Make a budget for travel
Make a budget for travel expenses. This will help you know how much money you need to carry and how much you need to spend every day. Also, keep some extra money, in case of any sudden need.
5- Keep multiple payment options with you
Keep multiple payment options like cash, credit card, and forex card with you while traveling abroad. This will help you to be prepared in any situation.
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6- Keep cash and cards separate
Keep your money and cards in different places. Always keep some cash and one card with you and divide the rest among the luggage. This will ensure that you have money even if a bag gets lost.
7- Take care of household bills
Don’t forget about your household bills when going on a long trip. You can set up automatic payment to pay them on time or take help from a family member.
8- Get an international phone plan
Get a good international plan to avoid expensive phone bills abroad. Turn off the data on your phone before landing so that there are no unexpected expenses.
9- Don’t use public Wi-Fi
Using public Wi-Fi is not safe. Turn off the ‘Connect to networks automatically’ option on your device and use a data plan while banking.
10- Make sure to get travel insurance
Don’t forget to get travel insurance for traveling abroad. It will help you in situations like lost bags, flight delays, and medical emergencies and make you feel safe.