041 - Dealing with Money before leaving home
This week the Indie Travel Podcast tackles one of the toughest travel issues: money. The real problem is most of this has to be done before leaving home, which can be a good excuse to postpone travelling as well as a source of frustration. In three sections Craig and Linda advise on how to deal with money before leaving home on an extended trip.
Part one: deal with debt.
Part two: save enough to keep you safe.
Part three: sort out your bank.
Links:
Transcript (pdf, 265kb)
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December 9th, 2007 at 5:31 am
Some suggestions:
1) Try to get both a Visa and a MasterCard debit card. Not only will it give you a backup in case you lose one, but some places only take one or the other. I was stuck on Easter Island with a Visa card, and the only ATM on the island takes MasterCard.
2) If you are really, really in a pinch, make sure someone back home knows where the nearest Western Union station is, in case they should ever have to send a MoneyGram.
3) In some countries I’ve been to (Japan, Philippines) it is hard to find an ATM that will take foreign cards. Make sure you can find an ATM that will work. In Japan, all the ATMs at post offices will work. In the Philippines, I had to find international banks like HSBC.
December 15th, 2007 at 4:54 pm
We tend to use our debit/cheque account and a EFTPOS card to make cash withdrawals, rather than using a credit card. I guess it depends on your bank, but cash advances sting us big time.
December 16th, 2007 at 6:12 am
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