Note: This post was partially inspired by reading my new #1 favorite book on money: I will teach you to be rich by Ramit Sethi. It’s the 4-Hour Workweek for your personal finances and highly recommended!
A friend of mine once used an ATM in Honduras, and 24 hours later found her entire travel savings had evaporated. That’s right, $15,000 disappeared from her checking account. She was stranded with a credit card, $200 cash, and a promise from her bank that they would ‘look into it in the next 45 days’.*
This post outlines a simple way to make sure that never happens to you.
Photo: El Hombre, the most chilled out man in the world. Chicama, Peru.
After traveling through ‘less-developed’ countries around the world, returning to the US is a shock. It’s hard to imagine why anyone would need a Chevy Tahoe, the newest version of the iPhone, or any of the other nearly unlimited and arguably useless consumer products available to anyone with a credit card.
I used to be a part of this system, but I’ve been progressively weaning myself from it. Turns out there are some amazing benefits to be had from completely checking out.