Traveling to Europe is everyone's dream. Whether it's France, Italy, Germany or Sweden, Europe is a feast for the eyes and the mouth. There are so many things to think about when you travel to Europe, and these 6 money tips should be on top of the list.
1. Travel Insurance- Bad news! Your US health plan most likely won't cover many costs if you need major medical care out of the country. For a small price you can get travel insurance that will cover you while you are away. Check out USWay for one of my favorites.
2. Passport- Your passport is worth gold to you. Keep it safe always. I always take 2 copies with me. I leave one in the safe in the room, and another is kept safe in Dropbox if I need to use it. I never the room without either carrying my passport, or even better, putting it in the safe as well.
3. Cash- Money, Money, Money. Whatever you do, don't exchange your currency at the airport. I love the Cash Passport from Travelex. It works with 6 different countries currency, and it is just like a debit card. You load it up with money in the local currency, and you use it wherever you go. No more carrying around cash. Best news is if you lose it, you can easily get it replaced without having to wait weeks. If you do use your debit or credit cards when you are away, make sure you find out how much cash you can withdrawal during a 24-hour period just in case. Safety first!
4. Cell Phone- Leave it at home! Rent a cell phone from places like Cellular Abroad and don't even worry about dropping your phone in the Trevi Fountain in Rome. You will save the most amount of money on a rental, trust me, I've made the mistake of not doing this and spending a ton on cell phone charges.
5. Valuables- Always lock them up in the safe. You will thank yourself later. And please, whatever you do, don't choose an easy combination. Make it something you will remember, but never choose 1-2-3-4. I will come hunt you down if you do…that's a promise.
6. VAT Tax- Did you know you could get a refund for the VAT tax you pay when you buy merchandise? That could be a lot of money. You need to find a vendor that knows how to deal with VAT tax paperwork, but as long as you do, you can redeem the paperwork for actual cash at the airport before you leave. There are a million details to getting VAT tax back, so make sure you read up about online first.
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