27 Personal Finance Tips for Overseas Travel

Jimmy Atkinson at Ask the Advisor sent me a note on his recent article on personal finance tips for oversea travel. As I have just back from a long trip, I understand getting everything ready, especially safety and financial prepared, are extremely important. He suggested 27 tips around safety, health, and financial issues:

• Make two photocopies of any important papers.
• Travel light (clothing-wise) and forget the bling.
• Find answers to your questions before you leave home.
• Safeguard your health.
• Purchase travel insurance.
• Purchase travel medical insurance and death insurance.
• Continue to cover your assets.
• Get phone numbers.
• Purchase an international phone card and open an accessible email account.
• Plan your itinerary before you leave home.
• Travel light (financially) and carry a spare card.
• Decide whether you want to use traveler’s checks.
• Check your ATM, credit and debit cards before you leave.
• Inform credit, debit, and ATM card banks and companies about your travel plans.
• Get information about fees and charges for overseas card usage.
• Consider a new card for an extensive trip.
• Check for overseas partner banks and consider a debit card.
• The overseas ATM and your debit card.
• Consider pre-paid debit cards.
• Consider a money belt.
• Learn to loop.
• Learn about the Dynamic Currency Conversion (DCC) process and avoid it.
• Purchase some foreign currency at your local bank just before you leave.
• Avoid Cash-to-Cash machines.
• Use cash whenever possible.
• Hotel rooms between the second and seventh floors.
• Public transportation saves money.

27 Personal Finance Tips for Overseas Travel – [Ask The Advisor]