Travel News Desk!!! Everyone dreams of traveling abroad, but money worries can sometimes make the experience stressful. If you want to enjoy your travel to the fullest then proper management of money is very important. It may be beneficial to adopt some simple money hacks to avoid spending money in the wrong place or inadvertently overcharging. Here we are sharing 10 such tips according to the bank market, which will help in keeping your foreign travel stress-free and in budget. Bank Market Communication Manager Malvika Singh said that before going abroad, inform your bank about the travel. With this, your card will not be blocked and you will be able to withdraw or spend money abroad without any hindrance.
Currency exchange at the airport can be expensive. Try purchasing foreign currency before your trip. If this is not possible, withdraw the currency from a bank or ATM located at the destination. Before using the card abroad, know how much will be charged. Some international credit cards charge lower fees, use such cards. Create a travel budget. With this you will know how much money you have to keep with you and how much you have to spend every day. Also keep some extra cash, so that it can be used in case of emergency. Carry multiple payment options like cash, credit cards and forex cards when traveling abroad. This will keep you prepared in any situation. Keep your money and cards separate. Always keep some cash and a card with you and divide the rest among your luggage. With this, you will have money even if your bag is lost.
Get a good international plan to avoid expensive phone bills abroad. Turn off your phone data before landing to avoid any unexpected charges. It is not safe to use public Wi-Fi. Turn off the 'Automatically connect to the network' option on your device and use a data plan while banking. Don't forget to take travel insurance for traveling abroad. This will help you and make you feel safe in situations like lost bags, flight delays and medical emergencies. Bank Bazaar is a personal finance management app that automatically tracks your monthly expenses. This method of tracking is very safe. Apart from this, if you do any wrong transaction or you have to pay penalty on any payment, then this app also informs the user about it.
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