How to spend money overseas

Travelling overseas is an exciting experience, but it can also be daunting, especially when it comes to managing your finances.

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Here are a few tips on how to spend money overseas and get the most out of your budget:

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Do your research.

• Before you travel, take some time to research the local currency and exchange rates. This will help you get a sense of the value of your money and avoid getting ripped off.

‍Use a travel money card.

• Travel money cards, like Yondr, offer bank-beating exchange rates and no foreign transaction fees. This can save you a significant amount of money, especially if you're travelling for an extended period of time.‍

‍Be mindful of your spending habits.

• It's easy to overspend when you're travelling, so it's important to be mindful of your spending habits. Set a budget and stick to it as much as possible.

Take advantage of free activities.

• There are many free activities to enjoy in most cities around the world. Do some research online to find out what's available.

Barter.

• Bartering is a great way to save money on souvenirs and other small purchases. Be prepared to walk away if you're not happy with the price.

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Here's how to use Yondr to spend money overseas:

1. Create a Yondr account and load money into it.
2. Use your Yondr card to pay for goods and services overseas.
3. Yondr will automatically convert your primary currency to the required payment currency at a bank-beating exchange rate.

Yondr is a great way to spend money overseas because it offers better rates and the convenience of just managing everything from your phone.

You can also buy, hold, or sell up to 26 different currencies, which is useful if you're planning on visiting multiple countries or want to take advantage of favorable exchange rates.

Here are some additional tips for using Yondr overseas:

• Keep your Yondr card in a safe place and always be aware of your surroundings when using it.
• If you have any problems with your Yondr card, contact customer support immediately.

Join thousands of Australians who have already downloaded Yondr

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Things you should know

This article is intended to provide general information of an educational nature only. It does not have regard to the financial situation or needs of any reader and must not be relied upon as financial product advice.