Whether your trip is coming to an end, or you’re leaving one country to head to another, you may find yourself with some extra cash. First of all, congratulations! That means you did a great job of sticking to your budget.
If you can’t find an exchange bureau to swap the old money for the currency you want, a great option is to sell your cash to another traveler you meet along the way. There are many apps out there that’ll allow people to pay you in your home currency, and they’ll even do the math for you when it comes to figuring out the day’s exchange rates.
Another option that hits home for many of our customers in the not-for-profit community is to donate your leftover foreign currency to a local charity. Even if you can’t donate it before you leave, there are programs, like UNICEF’s Change for Good initiative, that partner with international airlines to let passengers donate unused foreign currency during the flight home.
Over the course of your trip, if you keep some of these tips in mind, you’ll find you have one less thing to worry about, and you can better focus on the exciting adventures in front of you! And remember, if you need some advice for managing your money when you get home, TIAA is always here to help.