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A reminder to watch our spending while overseas.
A survey by money transfer company Wise has found almost half of respondents say they spend in the moment and worry later, and a similar number say money doesn’t feel ‘real’ overseas.
More than four in ten say they go over-budget.
Wise's travel spending expert Anhar Khanbhai told Heather du Plessis-Allan that over-spending becomes really easy as a result of the complexities of managing money overseas and the use of bank-issued cards.
She says those cards are really expensive, having both a foreign transaction fee and using inflated exchanged rates.
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