Money lessons I’ve learned from travelling 💰✈️ #shorts

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➡️ Lesson #1 - Create balance with your money: You don’t have to have an ‘all or nothing’ mindset when it comes to your money (aka it doesn’t have to be ‘spend everything’ vs ‘save everything’ - you can do both!).

➡️ Lesson #2 - Create a general spending guide: It’s easy to overspend once you get to your destination, so have at least a high level budget in mind to keep you aligned with your goals.

➡️ Lesson #3 - Get the right travel credit card: Earning points when you travel is great, but make sure it’s worth it! Some credit cards are only beneficial if you’re spending a LOT of money, so just because it works for someone else, doesn’t mean it will for you.

➡️ Lesson #4 - Get travel medical insurance: It’s a fairly small additional cost that can save you thousands of dollars if something actually goes wrong while you’re away.

What money lessons have you learned from traveling? Let us know! 👀

#shorts
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Ok, so last year we went on a cruise. The only port that was outside of the US was Victoria, Canada. This is where my friend’s husband had a heart attack on the ship. He ended up having a triple bypass in Canada and they had to stay for almost two months for recovery. Luckily she had travel insurance through work that she didn’t even realize she signed up for. If it wasn’t for that they would have been in debt for years!!! So from now on insurance is on the top of the travel list!

ijustwanttoordermacaroons
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If I'm in another country, especially Italy, I'm not gonna compromise on the wine spending: I'm buying the best my money will buy. I mean, I guess I can take a card that has a limited amount of cash on it (and leave the rest of my money at home, safe and sound) so I won't go overboard; that's the only way I'll stick to the budget, because, I've found, once I start drinking exotic drinks that I can only buy in whatever place I'm in, and I know I'll never go back, budgeting takes a backseat to the experience.

michaelssali
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People will spend a lot of money on the best swimwear but they ateare not willing to spend the small cost for travel insurance.

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