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Traveling this summer?
July 10 12:51 PM
Test Account

Here are 5 money mistakes to avoid.

  1. Not letting your bank know you’re traveling - Whether you're traveling to a nearby state within the country or abroad, make sure to notify the bank that you'll be traveling. Credit and debit card companies alike are very quick to turn off cards if they notice anything suspicious.
  2. Overlooking bank and ATM fees - You may incur a fee from your primary bank AND the ATM when getting cash. Make sure you ask your bank representative what those fees are when you tell them you're traveling.
  3. Not adding an international plan to your phone - Texts, GPS and checking your emails can add quite a bit to your next cell phone bill. Make sure you check with your cell provider to set up an international plan - or at least find out how much it'll cost to not switch to it.
  4. Leaving valuables unsecured - While it's convenient to throw your purse on your shoulder or wallet in your pocket, it also makes you a target for pick-pocketing and obvious to thieves. If you cannot secure them in a safe in your room, make an investment in a cross-body bag or have a button on your back pocket to at least help deter thieves.
  5.  Using Public Wi-Fi for financial transactions - If possible, avoid checking your bank balances, making online payments or entering financial information and passwords while on any form of public Wi-Fi. While there may be times when it's unavoidable, proceed with extreme caution.