Advice

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Practical Money Advice and Tips When Traveling in a Foreign Country

Some practical advice and tips around money when traveling abroad: Tip #1: Wait until you get to the country before getting any local currency. You generally shouldn’t exchange money at home before you leave for your trip because your home bank will almost certainly offer a worse exchange rate than what you’d get if you had waited…

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Need to Send Money to a Foreign Bank Account? Try TransferWise

I’m currently planning a trip to Malaysia this summer. One of the primary purposes of this trip is to spend a couple of days on a durian farm where I’ll just gorge myself on durian. I’m excited. (I’ve also got flights booked on Qatar’s and Etihad’s A380s in first class, so those reviews will eventually…

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Remember Your Credit Card Benefits If You’re Stranded Due to Snowmageddon

There’s been nearly two feet of snow in Philadelphia, and all flights into/out of Philadelphia airport were cancelled yesterday. If you’re stranded away from home due to weather, the airline won’t do much for you since it’s a weather-related cancellation (except provide you the opportunity to book hotels at distressed rates, which helps but is…

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On Transaction Utility or the Benefits of Feeling Like You Got a Good Deal

Let’s take a hypothetical example. Imagine that there’s a hotel that retails for $500 a night. Alternatively, you can pay 15k points a night to cover the cost. These points are flexible points and could otherwise be redeemed at a minimum value of 1 cent per point as a statement credit. Now, let’s also say…