Money & Travel

Money makes the world go around - as all of us go around the world! Here are the ins and outs of currency exchange, credit/debit cards, travelers checks, and more. So haul out your calculator and crack your knuckles...!

Cover photo: David Paul Appell

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5 options to get local currency for traveling

Mattes When traveling overseas, the best way to get local currency often depends on your destination, preferences, and financial situation. Here’s a breakdown of the most common options:read post

Started by Max Pesling

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5 budget travel tips to save money on your next trip

You’ll finally have some time to relax and forget about your worries, and you're dreaming of your next trip to an exotic destination. The last thing you want to think about is your budget, but still, we all know that traveling can be expensive. If you’re reading this article, you’re trying to figure out strategies to see the world and enjoy your vacations without spending a fortune. And besides, who doesn’t like saving money? Especially when you can put that money to better use – like another…

Started by Tripatini

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Is a vacation loan right for you?

When searching for travel loans, your best bet is unsecured loans also known as signature loans or personal loans, meaning they don't require putting up any collateral. These days, it's easy to go online and get quotes from reputable lendors such as LibertyLending.com for amounts as high as 50,000 USD and even more. And as you shop around, keep in mind the following: read post

Started by Tripatini

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Is rental car insurance a scam?

So you are at a car rental counter after a six-hour flight, talking to a guy at the counter who presents you a pile of paperwork and some "irresistible" pitches. Indeed, most of said pitches that we get from various sources every day are nothing but garbage, and some also happen to be straight-up scams. In the case of rental cars, this may include a pass for the toll-road service fee or a tank full of fuel pre-paid. Before or after you accept any of these pitches, the counter rep will also…

Started by Tripatini

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José Balido September 26, 2024 at 12:24pm

Really good to know https://www.cnbc.com/select/best-travel-credit-cards/

10 best travel credit cards of September 2024

We analyzed dozens of popular travel cards and dug into each one's perks and drawbacks to find the best travel credit cards based on your spending ha…
Dave Acton May 14, 2024 at 8:03pm

Very helpful tips here: https://www.washingtonpost.com/business/2024/05/11/how-save-money-a...
Max Pesling November 3, 2023 at 10:00am

I´ve noticed this - some places abroad give tourists the option to pay, say, restaurant checks in their home currency. Here CNN explains why that´s a bad idea: https://edition.cnn.com/travel/foreign-travel-pay-local-or-home-cur...

https://edition.cnn.com/travel/foreign-travel-pay-local-or-home-currency/index.html
John Kipper March 10, 2023 at 12:03pm

The U.S. travel website Explore.com takes a look at Argentina's recently instituted currency exchange regulations aimed at tourists: https://www.explore.com/1215997/what-argentinas-new-tourist-friendl...
Jordan Simon January 8, 2023 at 10:50pm

Ever wonder how much cash you might want to bring on a cruise? The Aussie travel site Escape.com.au just looked into it: https://www.escape.com.au/experiences/cruises/how-much-cash-should-...
Paul Varmuza November 10, 2022 at 10:31am

Well here's an interesting twist in Argentina: The government has implemented a new regulation allowing visitors using credit and debit cards to get more pesos than the official rate gives. Will it help - and might it set an example for other countries to follow? https://www.traveller.com.au/argentina-adds-special-exchange-rate-f...
David Paul Appell October 25, 2022 at 9:13pm

The Washington Post just ran a great cautionary piece about sometimes outrageous fees charged by ATMs abroad, especially non-bank ATMS, and strategies to circumvent this: https://www.washingtonpost.com/travel/tips/europe-atms-conversion-r...
José Balido August 14, 2022 at 9:12pm

If you're thinking of wiring money to a tour operator or vacation rental owner - even using a serving like Paypal - you might want to read this from travel consumer expert Chris Elliot: https://www.forbes.com/sites/christopherelliott/2022/08/13/what-tra...

What Travelers Need To Know Before They Wire Money

More travelers than ever are wiring money — to vacation rental owners, tour operators, and each other. Here's how to avoid common problems when you d…
Jeffrey Kunst February 4, 2022 at 2:36pm

In June 2021, El Salvador's 40-year-old center-right president Nayib Bukele got the country's parliament to take the risky and highly controversial decision to adopt Bitcoin as the national currency, replacing the U.S. dollar. To help illustrate the impact on life in the country, after the decision went into effect in September, Italian Bitcoin podcasters Rikki and Laura took it upon themselves to travel around El Salvador for 45 days using only Bitcoin - and it was an eye-opening experience, to put it mildly. Here's an account on Reddit: https://www.reddit.com/r/thinkcoin/comments/sej9hv/around_el_salvad.... And you can read about it directly - with English translation - in the couple's Bitcoin Italian Podcast: https://bitcoinitaliapodcast.it/missione-el-salvador. Will the experiment ultimately succeed? Who knows? But in the meantime, this is a new twist on a travel story, that's for sure!

https://www.reddit.com/r/thinkcoin/comments/sej9hv/around_el_salvador_in_45_days_a_travel_story_wit…
Tripatini February 29, 2012 at 6:00pm

One of our members has a question about dealing with currency issues on a cruise in Europe. If you can help, please respond to her at this link to our Ask A Travel Pro forum. Thanks!!