A big concern, when living and traveling abroad is how to deal with banking and money management. A bank that may be fine in the US may be a poor choice (high fees and restrictions or poor ATM availability) for international use. If you are living fulltime in another country, you may need to open a foreign bank account in that country in order to receive certain types of … [Read more...]
Using Cash Advances Wisely
Taking a cash advance on a credit card is normally considered the option of last resort for obtaining cash while traveling. In this post I'll discuss how to use cash advances wisely. The reason cash advances normally get a bad rap is because most banks charge a fairly hefty cash advance fee, usually 2-5% of the advance amount. In addition, they charge daily interest on the … [Read more...]
How to Manage Airline Mileage Credit Cards
Airline mileage credit cards are a great way to save money on travel They are worth thousands of dollars in free flights. If you manage your credit cards wisely you can potentially never have to pay for flights again, or rarely. Most of the best mileage cards have standard offers of 20-25000 miles when you sign up for the card and spend a certain amount of money on the card … [Read more...]