iPhoneJM_wallpaper_0032 (Photo credit: IamJomo)
I have been talking about exchange rates and how to get the best deals. If you take cash and exchange it in a foreign bank, you will get a good deal but it may take time. Here are some more tips on money from another BLOG. The biggest thing is stay out of tourist area restaurants and shops. They will rip you off and the food is not good.
George & Jo Anne
Categories: Europe, Exchange Rates, General Travel, Money
Tags: Automated teller machine, Credit card, Currency, Exchange rate, Food, Foreign exchange market, Italian, Italian cuisine, Italian people, Italy, No Tour Touring, Recreation, Romance, Tourism, Travel, Travel and Tourism, Traveler's cheque
Self Portrait / Exchange Rates (Photo credit: Dominic’s pics)
Most people are unaware of how expensive exchange rates can be. The World Bank sets rates each day. These are what we see on the Internet. Everyone charges higher rates than these so they can make money. The question is how much higher. Exchange places at the airports are the worst. You could pay as much as 25% higher than the World Bank Rate. That means a Euro rate of 1 Euro costing you $1.35 would really cost you $1.69 or $.34 cents more on every dollar you spend. Banks are the lowest buteir rates vary a lot. Shop around. Banks that don’t stock foreign currency will charge their suppliers rate plus add their own on or charge a flat fee.
On top of that many credit cards charge a fee onto of their inflated rates. Shop around again. There are credit cards that do not charge fees but they will inflate rates. If you are moving very large amounts of money like to buy a home beware! 100,000 euro purchase would, at the above rates, cost you $169,00. That is $34,000 over the World Bank Rate. Their are brokers in the UK that will give you World Bank Rates for large amounts of exchange and NO fees. You send them dollars and they place Euros into your foreign bank account.
Every dollars you save can help pay for your trip. Enjoy!
George & Jo Anne
Categories: Europe, Exchange Rates, General Travel
Tags: Bank, Business, Credit card, Currency, Exchange rate, Foreign exchange market, No Tour Touring, Recreation, World Bank
Subregions of Europe (UN geoscheme) (Photo credit: Wikipedia)
Have you been searching for cheap airfares to Europe? Beware they are all the same but marketing tricks can suck you in. Buying your airfare a year in advance, when they are first available, can cost a big premium. There are some rules to know:
- Off season – If you travel outside the normal tourist season you can get substantial discounts. The destinations are much less crowded as well. You do have to be aware of climate or you could end up in a snow storm.
- Discount Sites – Theses sites usually offer the same prices as the airlines if you are buying only an airfare. They can provide discounts if you add in hotels or car rentals. Hotels can be at a substantial discount.
- Last Minute Travel – If you are retired or have a job where you can travel on a moments notice, you can save substantially. Be aware you might also be locked out from over booking. Airlines drop prices as the departure date nears and there are seats available. The more seats open the more discount they will offer.
- Look 3-4 days around your departure date – Checking prices before and after your departure date may help to find cheaper fares. Flying Tuesday, Wednesday or Thursday instead of weekends can save you money. Most airfare sites offer an option to take the dates you entered and show you 3-4 dates on either side. They then highlight the cheapest fares.
Doing your homework and being a little flexible can save you a lot of money. Maybe even your hotel costs.
George & Jo Anne
Categories: Air Fares, Europe, General Travel
Tags: Airfares, Airline, Europe, Fare, Low-cost carrier, No Tour Touring, Recreation, Tourism, Transportation, Travel, Travel and Tourism, Wednesday
St. Mark’s Square in Venice, Italy. (Photo credit: Wikipedia)
If you really want to see Italy party and be at its best, visit in September. Most small and large towns have festivals. Venice has a gondola parade, some towns have parades, others have huge parties with food wine and music. September is a great month to visit. The crowds have died down, the heat has died down and you can enjoy your towns without be bumped around by so many tourists. Italy has a lot to offer so look into which towns you want to visit and see what they are doing. Remember the big towns are a must but don’t miss the charm and fun of the small villages throughout Italy.
Categories: Eating Italian, Festivals, General Travel, Italy
Tags: Drink, Festivals, Food, Italian, Italian cuisine, Italian people, Italy, No Tour Touring, Recreation, Rome, September, Tourism, Travel, Travel and Tourism, Venice, Wine