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Saturday, May 22, 2010

Travelers Checks Versus Debit Cards

Travelers Checks Versus Debit Cards

by: Steve Gillman

My first time overseas, I had to exchange cash in $200 of travelers checks to pay a mountaineering guide who hadn't heard of American Express. The bank charged me $8. During the same trip, I used my debit card at an ATM to get $200 from my checking account. Once home, I saw that the charge for this was one dollar, and that was the last time I used traveler's checks.



Debit And Credit Cards When Traveling



I usually carry a debit card and a credit card when I travel now. I keep them well-hidden in two separate places. If they are stolen, which has never happened yet, they have either zero liability, or a fifty dollar liability limit for any unauthorized charges. Ask your bank or credit card company about this.



When an Automated Teller Machine (ATM) won't take one of the cards for some reason - and this will happen - I use the other card, which usually works fine. Credit cards may be less trouble than debit cards. Your liability could be zero on your stolen debit card, but you probably won't have access to your account until the matter is sorted out.



Of course, on longer trips it's a hassle to pay the credit card bill on time, which isn't a problem with debit cards. Carry both, and on longer trips you can wait until you're a few weeks from home to use the credit card. That way you'll get there before the bill does.



An important advantage credit and debit cards have over travelers checks, is that when you need the local currency, you'll almost always get a better exchange rate with your cards. Also, the cash you get from the local ATM will truly be accepted everywhere, something even American Express Travelers Checks can't promise.



I have nothing against American Express. Once, when I was robbed in Mexico, they quickly and curtiously replaced my stolen traveler's checks. Also, at times it is appropriate to carry money in several forms, including theirs. However, times change and ATMs are everywhere now, so my policy is : Travelers checks; don't leave home with them. You can take an American Express credit card instead.





About The Author





Steve Gillman hit the road at sixteen, and traveled the U.S. and Mexico alone at 17. Now 40, he travels with his wife Ana, whom he met in Ecuador. To read their stories, tips and travel information, visit: http://www.EverythingAboutTravel.com.



Travel Kashmir at cheapest price



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Travel Kashmir at cheapest price

by: John

Set like a jewelled crown on the map of India, Kashmir is a many faceteddiamond, changing character with the seasons - always extravagantly beautiful.Three Himalayan ranges, Karakoram, Zanaskar and Pir Panjal - snow capped,majestic, frame the landscape from northwest to northeast. They are the birthplace of great rivers which flow through the kashmir valley.RajTaringini the chronology of the Kashmir Kings written by Kalhana eulogises the beauty of Kashmir as follows:"Kasmira Parvati Paroksh; Tat Swami ch Maheswara". Meaning Kashmir is as beautiful as Goddess Parvati manifest; and its owner is Lord Shiva Himself" And the Mughal Emperor exclaimed "Gar Bar-ru-e-Zamin Ast ; Hamin Ast ,Hamin Ast Hamin Asto. Meaning if there is paradise on this earth : This is it, this is it, this is it.

Srinagar is at once a collection of images: a son-et- lumiere that tells the story of the love of the Mughal emperors for this paradise vale; deep green rice fields and river bridges of gardens in bloom and lakes rimmed by houseboats; at once summer capital of the state,business centre and holiday resort.

Srinagar is as much imagination as it is fact,for every season offers new vistas to this city of great antiquity. Spring breathes life again into a frozen world and the air is heady with the fragrance of a million flowers that blossom on trees, shrubs and creepers.Summer heightens the effect and autumn is poignant in its colours of warm introspection. Winter brings with it snow,sometimes the Dal Lake freezes and beneath a leaden sky, roasted chestnuts turn the atmosphere aromatic with the promise of warmth and comfort.

The river Jhelum and the Dal and Nagin lakes dominate Srinagar and its life and activities.Here lush wild gardens of lotus and waterlily flower amidst bustling lanes.By the lakeside spread the gardens of the Mughals in patterned beauty.And the people move with a tranquillity borne of a history laden pulse of activity.

IF legends are to be believed, the Kashmir valley was once a lake as large as a sea and here lived an abominable demon who was killed after most of the lake had been drained with the collective help of Brahma's grandson, Kashap and the goddess Parvati.She wasfinally stilled the demon by dropping upon him a mountain and thereby crushing him to death.This legendary mountain is no other than Hari Parbat, Srinagar's 'Takht-i- Sulaiman' hill that forms the famous backdrop to the city.

For more detail Please visit-http://www.India-horizon-travel.com

Horizon tours offers quality tours packeges for india including palaces tours, study and museum tours , adventure tours , festivals of india, wildlife tours and eco tourism in India.

Travel to india, reise nach indien, viajes para india, tour to india, wildlife tour of india, palaces of india, treks of india, , cultural india, festivals of india, adventure in india, eco tourisim in india, study & museum tours in india, cultural tour travel to India.



John



Submitjohn@gmail.com





About the author:

John is a master degree holder in Journalism and Mass Communication.He is working as article writer for India Travel Horizon.

Travel Insurance Bargains for Brits

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Travel Insurance Bargains for Brits

by: Steve Cogger

If you're traveling in the UK, or a UK citizen traveling elsewhere, you have many options including full year travel insurance. While the occasional traveler such as a vacationer may not find full year travel insurance preferable to the one-trip options, business travelers or other frequent travelers may opt for full year travel insurance as the best time saving and money saving choice.



UK travel insurance options, in addition to full year UK travel insurance coverage, are numerous: one-trip or multiple-trip plans, extended stay, business travel plans, several designed especially for family travel, and even one that's focused on the needs of backpacking travelers.



With just about every plan lost luggage coverage can be included or deleted a la carte, since travelers may find that this protection is included in their homeowners' policy. Full year UK travel insurance, as well as one or multiple trip options, also includes medical coverage while participating in most sports, although you sometimes must choose this option for the coverage.



Instant quotes are available online. On one informative UK site your instant quote is given individually for your choice of single trip, annual (also known as multiple trip) or backpacker.



Let's take a look at the full year UK travel insurance quote.



For this quote you are asked to register and then choose destinations. The destination choices for this full year UK travel insurance plan are for travel specific to the UK, travel within all of Europe, travel worldwide with the exception of the United States and the Caribbean, word travel that includes the U.S. and the Caribbean, or travel in Australia and/or New Zealand. We indicated that we are a couple - 45 and 43 years of age - with no children under 19 accompanying us, that we are traveling throughout all of Europe starting September 1st of 2005, and that we are going to participate in winter sports.



The quotes, converted from British pounds to U.S. dollars, ranged between $92 and $255, depending on the extent of coverage. At the low end of the full year UK travel insurance coverage we found lower ceilings on medical coverage. These quotes also excluded lost baggage coverage and some sports coverage. An accident during a round of golf, for example, was not included in this quote.



The highest premium full year UK travel insurance product, offered an amazingly high ceiling on medical coverage - over $17 million -included compensation for any loss of limbs, dental coverage, mountain search and rescue and repatriation for medical emergency.



Clearly, if you seek full year UK travel insurance, you'll find many options and something that will fit your wallet.





About The Author





Steve Cogger is webmaster of http://www.1-Happy-Traveller.com. Visit the site today to receive all of the information on travel insurance you could possibly need.







Travel Health: Useful Medical Information For Good Health Be

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Travel Health: Useful Medical Information For Good Health Be

by: Eddy De Vos

The diseases most commonly seen in travellers are diarrhoea, malaria (if you travel in a malaria-infested area), accidents (when travelling by car or swimming), wound infections and sexually transmitted diseases.



- Diarrhoea is caused by contaminated food and drinking-water. You must therefore be careful if your are travelling in poor hygiene conditions.



- Malaria is transmitted by mosquitoes, so the first thing to do is to protect yourself against these mosquitoes.



- In order to prevent accidents during travelling, it is wise to apply the same precautions as those taken at home. In addition, it is very important that all wounds should be thoroughly disinfected in order to avoid infection.



· TRAVELLER'S DIARRHOEA



Many intestinal infections are attributable to infections picked up by mouth or hands. With a little care most of these illnesses can be prevented. Hepatitis A, typhoid fever, polio and cholera still occur in countries with poor hygiene, but these diseases are easily prevented.



However, the chance is rather large that you will still contract a light and/or nondangerous form of traveller's diarrhoea. Traveller's diarrhoea almost always spontaneously clears up after a few days, but can nevertheless be irritating. And a risk to your overall and travel health.



In the first place measures must be taken against dehydration. Likewise, treatment of the symptoms must be considered in order to reduce the number of bowel movements and relieve other symptoms such as fever, vomiting and stomach cramps. Sometimes a more serious form of diarrhoea occurs, for which specific treatment with antibiotics is indicated or where hospitalisation or fluid replacement appears unavoidable.



It takes only a few basic preventive measures to make your trip a success : Total prevention of traveller's diarrhoea is impossible and it is obvious that preventive measures can seldom be strictly followed at all times. But following preventive measures do significantly reduce the risk of contracting serious diarrhoea: In order to maintain good travel health wash your hands before eating and avoid (if possible):



- raw vegetables and fruits that you have not peeled yourself

- uncooked or unpasteurized dairy products

- insufficiently cooked sea foods (+ Hepatitis A !) and meat

- "local meals" which do not smell fresh

- ice-cream bought from street merchants (industrial ice straight from the deep-freeze is probably safe).



Cooked meals should be served hot. The place where you eat is also important. A meal taken from a stall presents a greater risk than a meal taken in a restaurant. Avoid restaurants where there are a lot of insects.

Avoid tap water and ice-cubes. Bottled water and soft drinks are safe. Watch out for bottle caps that have already been used.



It is very important to disinfect drinking-water on adventure trips. Total sterilisation of drinking water is impossible. The following measures considerably reduce the contamination risk and safeguard your travel health:



- Boiling the water is very effective.

- A good alternative is chemical disinfection with chlorine drops (e.g. Hadex®, Drinkwell chloor®; available in sport shops specialized in outdoor activities) or chlorine tablets (Certisil Combina®; chloramine tablets; available at the pharmacy). Their effect can be improved by first filtering unclear water. Silver salts (Micropur®, Certisil Argento®) are not very suitable to disinfect water, but they keep disinfected water germ-free for a long time.



For adventurous travellers conscious to travel health it is best to buy a portable water-filter. The use of antibiotics in order to prevent diarrhoea before it occurs can be dangerous + Also the use of other preventive medications is not recommended.



. How to treat diarrhoea?



It is extremely important to consume sufficient liquid and salt in order to prevent dehydration. You can do this by taking salt solutions, but tea with lemon, broth, soft drinks and fruit juice, supplemented with salt crackers are tastier. Commercial salt products are available on the market (ORS-solution).



Taking an anti-diarrhoea preparation (loperamide, e.g. Imodium®) can greatly reduce the number of bowel movements, with a considerable reduction of the complaints as a result. Imodium® may only be used by adults and older children and only for treating ordinary watery diarrhoea: 1 capsule after every loose movement up to a maximum of 4 per day.



Antibiotics are indicated :



1. If blood, mucus or pus are present in the stools.

2. If after 24 to 48 hours, there is no sign of improvement and the diarrhoea is accompanied by fever (above 38.5 C) or severe abdominal cramps, or if there are more than six stools per 24 hours and especially when these also occur at night.

3. Or if because of travel circumstances a quicker solution is absolutely desirable . Appropriate antibiotics are only to be used on doctor's prescription



· SEXUALLY TRANSMITTED DISEASES



Casual sexual contacts tend to be higher while on holiday abroad. Sexually transmitted diseases, particularly AIDS, form therefore an important risk for travellers. Quite often unintentional and unsafe sexual contact takes place under alcohol influence. Prevention while on holiday abroad is no different from the precautions you take at home. Adequate use of a condom, preferably bought at home, is absolutely essential. Only a water-soluble lubricant should be used, but it only offers a partial guarantee (e.g. KY gel). Vaccination against hepatitis B is advised. Always consult your doctor if you think you are at risk, even when there are no symptoms.



· MALARIA (swamp fever, malaria)



Malaria is an infectious disease caused by a parasite (called Plasmodium) transmitted by the bite of the Anopheles mosquito. There are four different types of which Malaria falciparum is the most dangerous and the most widespread. The incubation period - the time between an infecting bite and the appearance of the disease - varies from ten days to four weeks (rarely several months).



The symptoms include attacks of fever, but can initially be quite similar to influenza. If adequate treatment is not started in time, an attack may sometimes result in death within a few days.



. Where does malaria occur?



Malaria only occurs in those areas in which Anopheles mosquitoes are present : in the tropics and in a large number of subtropical areas. From a height of 1.500 to 2.500 m onwards, depending on temperature and climate, Anopheles mosquitoes are either rare or non-existent.



In most big cities there is little or no risk at all of infection, except in Africa where a real risk exists.



Risk also exists in the suburbs of the big cities in Asia (e.g. in India). In a number of areas the risk varies according to the season.



. How can malaria be prevented?



It is very important for travel health to avoid mosquito bites : the Anopheles mosquito only bites between dusk and dawn, is rather small and hardly makes any noise.



- In the evening wear light-coloured clothing which covers your arms and legs as much as possible. Apply repellent cream with a DEET basis (20 to 50%, for children and pregnant women preferably 20 to 30%) to the uncovered parts of your body. Repeat this every four to six hours (it will not protect you all night).



Non containing DEET repellents were less examined; Autan-Active. and Mosegor. are however excellent safe products.



- Sleep in rooms that leave no access to mosquitoes, (mosquito nets on the sills, electrically-warmed anti-mosquito plates, air-conditioning) or sleep under a mosquito net impregnated with permethrine or deltamethrine hung over the bed with the edges tucked under the mattress.



If these measures are carried out correctly, the risk of malaria will be reduced by 80 to 90% and travel health is maintained



. The intake of pills as prevention



There is no drug efficient enough to prevent malaria 100%, which means that quite often a combination of measures is preferable. Also the drugs used have changed over the years. Moreover, the advantages and disadvantages of drugs should be considered against the risk of malaria infection. These risks are dependent on the visited country, and on the region, the season, the duration of your stay and the kind of trip.



Some people might be troubled by the side effects while taking antimalarial drugs. These are usually mild and are not always a reason to stop taking the pills. Sometimes it may be necessary to change to another type of medication due to intestinal problems, allergic reactions or other intolerance symptoms.



Therefore it is the doctor who can best decide for each individual which drug to use. This explains why individuals from the same group may end up taking different drugs.



Finally, as no drug is 100% effective in preventing malaria, it is important that if an attack of fever occurs in the first three months after your return from the tropics, a malaria infection should be considered as a possibility despite the correct use of the drug prescribed.



However, it is reassuring to know that malaria, provided it is recognised in time, is easy to treat without any danger of recurrent attacks. The belief that "once malaria always malaria" is totally untrue.



You can find even more travel health tips in the next pages:



DISEASES FOR WHICH VACCINATIONS ARE AVAILABLE: http://www.spain-holidays-advisor.com/vaccination.html



MORE TRAVEL HEALTH TIPS : http://www.spain-holidays-advisor.com/more-travel-tips.html



CAUTION: The information provided here should not be used during any medical emergency or for the diagnosis or for the treatment of any medical condition. A licensed physician should be consulted for any and all medical conditions. Call 911 for all medical emergencies.







About the Author: Eddy De Vos is the owner of http://www.spain-holidays-advisor.com/, a website about travel and Spain. It contains usefull tips for your next trip, be it to Spain or anywhere else in the world. Of course if you are planning a trip to Spain there is no better place to start than there

Source: www.isnare.com

Thursday, May 20, 2010

How to Pick a Travel Agency

How to Pick a Travel Agency

by: Nathan Lynch

"How To Pick A Travel Agency"

By Nathan Lynch

www.SouthBeachUncovered.com



The trip of a lifetime can take a lifetime to plan unless you know how to pick a travel agency.



A common misconception is that travel agencies add to the cost of your trip. In truth, finding and using a good travel agency to plan your trip usually saves you time, money, and frustration. So how do you pick a travel agency?



Ask around!



The best way to find a good travel agency is through word of mouth. Ask your family and friends who they've used and then ask them about their trip. How did they travel? Where did they stay? Was their trip enjoyable? Getting a few referrals from friends helps you to know in ahead of time what to expect from a particular travel agent and helps you weed out the good from the not-so-good as well.



Are you a member?



Many clubs and organizations offer travel services for their members and many corporations have established relationships with travel agencies that their employees can use. "Members only" travel plans frequently offer the best values.



Compare



Shop a couple of experienced firms. Travel agencies come and go like any other businesses. The ones that stay in business add experience and know-how to each trip they plan. Make your first inquiry with a travel agency a listening experience; judge how well the agent listens to you and how comfortable they make you feel.



A good travel agent will ask you to outline your trip. They'll ask where you're going and why, how you'd prefer to travel, how long you plan to stay, and what your travel budget is. Be open and honest with your answers. A good agent will readily put together a sample itinerary that describes availabilities in transportation, accommodations, and estimated costs.



If you feel like you're getting the "hard sell" or the travel agency tells you there's only package available, keep shopping. You can always go back if you find that they're right!



In addition to finding the best rates in lodgings and transportation, an experienced travel agent can also give you some helpful tips about your destination and here's the bonus- generally it costs nothing to use a travel agency! Because they can buy in volume, travel agencies get discounts on prices for both tickets and lodgings!



For travel made easy, use the services of a travel agency to make your outing a time to remember well!





About the Author



Nathan Lynch is an avid travel writer and the author of South Beach Uncovered. "The Ultimate, Indispensable, Insiders Guide To Saving Money and Having a BLAST in South Beach, Miami".

http://www.southbeachuncovered.com







How To Keep Fit While Traveling Even On A Romantic Getaway

How To Keep Fit While Traveling Even On A Romantic Getaway

by: Norm Goldman

Today,Norm Goldman, editor of www.Sketchandtravel.com and www.Bookpleasures.com is pleased to have as a guest, Jim Kaese, an elite amateur triathlete, entrepreneurial businessman, and endurance sport coach.



Author of The Athletic-Minded Traveler: Where to Work Out and Stay When Fitness Is a Priority, Jim visited America's top 78 travel destinations to find the very best hotel/fitness-venue combinations.



Welcome Jim to www.Sketchandtravel.com and www.Bookpleasures.com.



Norm:



Could you tell us something about yourself Jim and what provoked you into writing about the very best hotel and fitness venue combinations?



Jim:



Through the years, I traveled quite a bit for work and pleasure. In addition to finding places to stay that matched my budget and amenity preferences, I always tried to identify hotels that offered good fitness options. However, time and time again, I would show up at the hotel and discover that the "state of the art" fitness center was a closet-sized room with old or broken equipment. Or, the "lap" pool was a short oval without lane lines. Or, the "running routes" consisted of a map provided by the concierge that directed guests to jog around the streets of the hotel 10 times. It boggled my mind how these hotels could make such blatant misrepresentations. So, I decided to write the first cross-country guide that objectively recommends the BEST places to stay for those who enjoy healthy living and staying fit.



Norm:



Do you believe that if couples are looking for an ideal romantic getaway they should also take into account the fitness facilities, and if so, why?



Jim:



I believe everyone should take into consideration the quality of the fitness facilities-including couples on a romantic getaway. Exercise not only helps boost your immunity system, lower stress, and improve your sleeping habits; it also helps your sex life. Studies have shown that healthy people have better sex and tend to be happier. And, I believe it's important to emphasize that when I say "exercise," I'm not talking about an hour of hard-core running or lifting weights at the gym-20 minutes of brisk walking can do the trick.



Norm:



If you had to name 5 ideal romantic getaway hospitality properties that combine a unique romantic ambience with great fitness facilities, which ones would you choose and why?



Jim:

· San Francisco is one of my favorite romantic cities---the bridge, the fog, the rain, the restaurants, and the cultural offerings create a perfect stage for a wonderfully romantic trip. Any of the SFO hotels in my book would be great fitness/romance combinations, but the Hotel Rex is the best deal for the money. A small, intimate hotel property just steps from Union Square and China Town, Rex also provides guests with a discounted pass to a fantastic (but small) health club down the street, Club One.



· If money is no object, The Miraval Spa and Resort in Tucson is a marvelous getaway for couples looking to stay fit and be pampered. All meals are included as well as any type of exercise option you can imagine---horseback riding, lap swimming, rock climbing, etc.

· For those looking to add a little more "party" to their trip, Miami's South Beach hotels are filled with romance. The Shore Club, Delano, Ritz and National are all in the book, bestowing lots of love and liveliness to their guests.

· Colorado Springs' Broadmoor Hotel is a breathtaking resort beset by serene lakes and mountain landscape. Broadmoor's Fitness Center and Spa is well-equipped with modern machines and a regulation lap pool. And, the nearby trails create fantastic jogging and mountain biking opportunities.

· New York City can never be left off the romance list. Several properties make exceptional romantic destinations, but Le Parker Meridien, across the street from Central Park, tops my list. It's NYC, so expect small yet cozy hotel rooms. The Scandinavian flavor, tremendous views, and extensive on-site health club make it one of the best.





Norm:



Why should couples be concerned about fitness activities when they are away on a romantic getaway or on their honeymoon?



Jim:



Exercising for only 20-30 minutes each day will allow you to start the day healthy and help you make better choices throughout the rest of the day. Then, enjoying small indulgences like your favorite piece of pie or a few cocktails or sitting around by the pool for six hours will not seem like a big deal. Don't forget about that improved sex too!







Norm:



How can we determine the quantity, quality, and brand of exercise equipment at recommended hotels if we never have been there?



Jim:



Buy The Athletic-Minded Traveler (laughs). In addition to providing a comprehensive written review covering everything you want to know (room appearance, room service, free breakfast buffets, sheet thread-count, etc.) about each property, we also specifically detail in chart form the quantity of exercise machines, their condition, the brands, weight/strength options, pool dimensions, running routes, etc. But, if you're going to a city that's not covered in the book, the best you can do is call up the concierge and ask him/her your specific questions. Sometimes it even helps to confirm with the maintenance workers.







Norm:



Very often when we vacation we seem to return home fully relaxed, however very much out of shape. How do we avoid this?



Jim:



Make exercise part of your daily routine, just like showering or brushing your teeth. When you think about it, 20 minutes is not that much time at all. Especially while on a vacation, when you don't have to worry about going to work and all of the other hassles at home.



Norm:



There is always a temptation to overeat when we are on vacation. How can we fight off this temptation while at the same time still enjoy ourselves?



Jim:



Like I was saying before, exercise will allow you to not fret so much over what you're eating and drinking. You may end up taking in more calories, but being active and exercising should help to burn those off fairly easily.





Norm:



Are there any food we should avoid when we are on vacation and if so, why?



Jim:



Vacation is supposed to be a break from all that troubles and worries you, right? When I go away, I like to eat the local food and experience the local customs without concerns about how many calories are in my dinner, etc. Knowing that I performed my daily workout reassures me that anything I take in will be worked off either that same day or the next. So, no, don't worry about avoiding certain foods---just make sure to get in a daily sweat.







Norm:



Is there anything else you would like to add?



Jim:



Only that I've been really touched by the large number of people who have written us saying that they are so happy we wrote this book because they too were constantly frustrated by the travel industry's ignorance about fitness preferences. Letters and emails have come from hard-core athletes as well as recreational exercisers who just like to put in 20 minutes on a good elliptical machine or bike. Our goal all along was simply to provide a reliable resource that would help people enjoy a healthy lifestyle while on the road. So far, it seems that we've succeeded.



Visit www.socalpress.com to view a sample chapter and find more information about The Athletic-MindedT Traveler, a first-of-its-kind travel resource for those who enjoy a healthy lifestyle and working out while on the road.







About the Author: Norm Goldman is editor of the travel site, www.sketchandtravel.com and the book reviewing site, www.bookpleasures.com. Norm and his artist wife, Lily, are a unique husband and wife team who meld words with art focusing on romantic and wedding destinations. They are always open to invitations to romantic destinations in the New England states and Florida. To find out more about them click on www.sketchandtravel.com

Source: www.isnare.com

How to get the most of your money when traveling

How to get the most of your money when traveling

by: Victor Siu

How to get the most of your money when traveling



By Victor Siu



When traveling to another country, there are several key ways to get the most out of your money. Among the most effective methods is timing your travel right: taking advantage of a favorable exchange rate can considerably enhance your buying power. In the real world, though, a plethora of arrangements to be made and tickets to be bought may inhibit the luxury of planning travel months in advance. But even if you're planning your travel just a month or even a week in advance, there are still ways to be smart about your money. To minimize losses when converting to another currency, finding a good place to change your money is key.



Long-Term Planning



Plan to travel when your money is worth relatively more in the country you are visiting. Every country has a fluctuating exchange rate so that there is balance in the supply and demand of currency. Timing your travel correctly, therefore, can make a significant difference in the amount of spending you do.



A clear example of a fluctuating market is the euro to US dollar exchange rate. In year 2002, each euro was worth $.83. Now, in July of 2005, each euro is worth an upwards of $1.2059, meaning the euro increased more than 31% in three years. This favorable rate of exchange for the euros makes traveling to the US a much more favorable deal in 2005.



Two ways to see if traveling to another country is a good deal, then, are to look at historical data and anticipate the future. You can easily check the historical rate of a currency pair by visiting a foreign exchange news site and pulling up a yearly chart. A good website for this is DailyFX (www.dailyfx.com). Having an inkling about the future direction of the exchange rate may prove more challenging, but it is not impossible. DailyFX has fundamental and technical news reports to guide you in this respect.



Short-Term Planning



When travel plans are made in the short term, the key to maximizing buying power is finding the right place to change your money - that is, getting the best rate for the time that you are traveling. It is essential to do research in advance, namely, checking the rates at domestic banks, credit cards, foreign banks, and ATMs.



At Home At home, you can contact your local bank teller and ask about changing your money to a foreign currency. Experts suggest to only change enough to cover travel costs until you are settled at your destination though, as the costs of exchanging money at home can be prohibitive. Another service available is an online money exchange, which will take your funds and send the converted money to your home. The risk posed in this service is the safety of your funds during transportation.



In most instances, asking your credit card representative about exchanging money is the best approach to getting a great exchange rate. Credit card companies have access to better rates than individuals and often deal in more than one currency. One precaution to take, nonetheless, is to check if your home currency is losing value, since not all transactions are converted instantly. Be cautious of the possibility of receiving a lower than expected rate several days later.



Abroad While exchanging money after arriving to a foreign country is the most convenient option, the obvious risk is the lack of options. The quoted exchange rate given may be determined purely by supply and demand, meaning that you will end up with a price close to what is being quoted in the foreign exchange market globally. The government of the country you are visiting sets the currency exchange rate, which must be offered by anyone who is changing money; and a mark-up in the rate is inevitable. An easy way to see if changing money in a foreign bank is a favorable decision is to compare currency rates beforehand in a local newspaper.



ATMs of a foreign country may also be a convenient way to obtain local currency at a reasonable rate. Keep in mind, however, that your withdrawal may be subject to a fee from both the foreign and your local bank. Another precaution to take is to tell your bank of your travels, as they often freeze cards if out of the ordinary transactions take place. As an illustration, if you make withdrawals in four different countries over the course of a week, your bank may see this as a red flag and for security, immediately lock all transaction of funds.



Getting The Most Out of Your Money Now



Getting the most of your money is a tricky task if you are unaware of all the options, or have trouble finding good resources. A quick and easy way to decide which of these options are right for you is to firstly, talk to as many people as you can (such as your local bank teller and credit card company), and secondly, obtain rates from the listed options and compare the quotes with one another. As another alternative, you can compare your obtained rates with the market rates quoted at GoCurrency.com (www.gocurrency.com), a currency converter that offers up-to-date exchange rates for over 150 world currencies.

About the Author

Victor Siu is a contributing writer for GoCurrency.com. GoCurrency provides information on global exchange rates, movements and news related information.