7 Money To-Dos Before Traveling

Finance Tips for Travelers If you will be traveling abroad this summer, it is important that you consider money saving tips and other traveling tips to enhance your experience. Often, taking just a few extra measures before you embark on your journey can help to make for a worry-free vacation. We have gathered a list of 7 money to-dos before traveling so that you can get your finances in order and enjoy your trip with peace of mind. Money Traveling Tips:

1. The last thing you want is the embarrassment of a declined credit card with your first foreign purchase, so be sure to contact your credit card company and let them know about your travels before heading out the door.
2. Do not leave yourself vulnerable to transportation fraud - research the transit options available to you ahead of time so that you do not find yourself dazed and confused outside of the airport.
3. You will also want to research your ATM options before you travel abroad so that you can avoid hefty withdrawal fees.
4. Since each country has a unique standard for tipping, make sure to research your destination's customs. This will help you look like a traveling pro.
5. How will you communicate while abroad? Do not wait until you arrive in Europe to figure out your data usage on your phone. There are a handful of apps that you can utilize when you have a Wi-Fi connection that can help to curb these data charges.
6. Did you know that you may be eligible to take advantage of Value Added Tax (VAT) refunds since you are a nonresident of your vacation spot? Be sure to check and see if you qualify before heading off.
7. Most importantly, consider travel insurance. Accidents happen and things can go array, but having the proper insurance in place can help you secure peace of mind.

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