Friday, June 3, 2011

Money Tips For Travel

By Faisal Khan


When traveling it is always important to prepare yourself for the unexpected.

While traveling abroad, sometimes bank connections might be down, travelers check's may be refused and cash advances on credit cards might not be available.

1. Before traveling always check the exchange rate.
  • Checking the exchange rate of the country you are traveling to is an essential part of your preparation. Checking exchange rates will allow you to allocate your budget accordingly.
  • Here are some websites online which can provide you with foreign exchange rates within minutes.  
http://www.oanda.com/currency/converter/

http://finance.yahoo.com/currency-converter/?u#from=USD;to=EUR;amt=1

2. Carry an inexpensive zippered fabric wallet
  • Leave your expensive wallet at home because it gives the impression you have a lot of money. An ugly cheap looking wallet is better for travel.  Money belts worn around the neck or waist are also an effective way to keep your belongings safe.

3. Cash/Checks/Credit Cards

  • Carry a currency of cash that is widely accepted, U.S. Dollars are always ideal.
  • Carry one or two credit cards, and leave the rest at home. Call your credit card company before hand to let them know you are traveling so they don't decline suspicious purchases. 
  • Find out if your travelers checks are widely accepted in the country you are traveling to. Travelers check's are considered safer then cash and usually insured if lost or stolen.

Keeping your belongings safe and secure are important if you want to have an enjoyable trip. Passport Health offers many travel related accessories. For more information, call us at 516-626-2004. 

(image source : http://farm2.static.flickr.com/1121/1435739708_5cb0ad5c44.jpg)



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