Options. Anytime we leave the house for more than 24 hours, we want options. Some people take this to an extreme. For example, I know some women who pack more pairs of shoes than there are days in their itinerary! It makes no sense at all to pack 5 pairs of shoes for a two day trip, yet people do it all the time. My friend Billy is the king of options. In his fishing boat (just one small example), you’ll find three different anchors to choose from (for rocky, sandy, or muddy bottoms, obviously). You’ll also find five or six fishing rods, reels, and a veritable sporting goods store full of line, lures, and live baits. He’s installed several GPS systems, multiple depth finders, even three different motors for trolling, speeding, or back-trawling. He’s so packed with options that you wonder if he’ll have a place to store any fish that he might catch! Oh, wait… he’s got a live well and multiple coolers, so I guess that’s covered, too.
Sometimes it’s best to limit your options. I’m headed out on a vacation to Hawaii next week and I’ve decided to leave the laptop here. That’s a big decision for me! I’m putting a few pairs of shorts and shirts into a backpack, sliding into some comfy flip-flops and I’m going to rock the beach. No other options required
People stress like crazy over money when it comes to traveling. Fortunately here in the 21st century, we have electronic options that help minimize our traveling options! It wasn’t too long ago that a weeklong business trip would merit an extra trip to the bank for a fistful of traveler’s checks. Today, there are ATMs for the major banks (like Wells Fargo) all over the country. We also have tools to transfer and move money around our accounts on line. I can transfer money from savings to checking with my mobile phone!
So, what should you travel with now, when it comes to money? Lots of credit cards and extra cash? When it comes to domestic travel, I say “no.” I usually leave the airport with about $50 cash in my wallet for incidentals, a Vida debit card that is connected to my checking account (for personal non-expensible items and/or souvenirs), and a corporate card for hotels, transportation, and meals. For international travel, I carry the same two credit cards for the same reasons, but I’ll take more than $50 in cash. You can have traveler’s checks issued to you in the currency of the country you’re visiting, and I’ve found that many more local businesses accept those over traveler checks issues in U.S. Dollars. Traveling to London, for example, I might take $700 dollars worth of travelers checks issued in British Pounds. That comes out to about 400 pounds, these days. That’s a nice cushion to have for emergencies and the banks buy them back at the same rate they issued them to you so you don’t have to worry about them being lost, stolen, or even about them depreciating!
EXTRA: If you have questions for Ken regarding business travel, hotels, airplanes, etc, please call 1-877-49-EXPERT. Your questions will be recorded and sent to him. Many of Ken’s blogs come from your questions and observations, so don’t hesitate to ask!