SuitCase Says: Great question – there is tremendous variety in tipping around the world. In Canada, it is customary to tip 15-20%, slightly more than in the States. However, in some counties like Japan and Italy, you rarely tip. Germany has changed over the years and now it is good to leave a nominal tip of 3-5%. A good method for tipping around the world, when you’re in doubt, ask or leave 10 percent.

~Sam

It can be painful to convert currency. Lots of places will do it overseas, especially in tourist areas. Almost all banks will do this as well, but at a price. What is worse is that some places hit you for a fee and then make money on the exchange rate as well. Just because the rate is 1 to 1.5, does not mean you’re going to exchange currency at the international rate. The fee is understandable as the are providing a service, but…..

You can you save some money? First, use plastic everywhere you can. Make sure your cards don’t have a foreign transaction fee for using them overseas. Only 25% of cards issued have no foreign transaction fee, saving you 1% - 3% while traveling overseas. Also know that you will get the international rate on the day of your transaction if you use a credit card – not some shabby fly-by-night rate in the tourist areas.

Finally, bring dollars and convert a few before you travel. If you find yourself spending cash, use large banks, which will give you the best rates. The next best rates will come from using an ATM but check with your bank on service fees.

~Sam