Currency

Money. According to some, it makes the world go round. It's certainly the necessary ingredient for any trip abroad and while we may not be able to bridge language barriers throughout our travels, currency is certainly a language that everyone understands.

So, how can you get the best (overseas) bang for your buck? Is it better to change your money in your home country or at your destination?

From my experience, it's usually better to change money in the destination country, where low exchange and commission rates yield a greater amount for your hard earned cash. It's best to change some of your money at home, either at a currency exchange centre, your bank, or the airport, just in case of emergencies or incidentals.

Carrying a major credit card or your debit card can also come in handy, especially if you don't feel comfortable traveling with large amounts of cash. ATM's are available in most countries, but be aware of your bank's international withdrawal fees and daily limits. Also, keep in mind that many local vendors or merchants may not accept credit cards or have ATM machines.

Always research the exchange rate, the cost of items, and usual methods of payment before visiting a country. Many vendors will accept your home currency at par.