With the eurozone heading from one crisis to the next…what should you do with your euros?
If you have a property abroad, a euro account or even money left over from your holiday, should you take action now?
Just before Christmas several SavvyWoman website users got in touch to ask if they should do anything about euros they had. One had a euro account, another was a regular traveller whose stash of leftover euros had built up over time and a third was looking at buying property in France. So, should you rush to the bank to change your euros back to pounds? Do nothing? Or buy euros? Here are some thoughts from foreign currency experts.
Holiday money charges; charges for buying foreign currency with debit cards are scrapped
If you’ve been caught out by unexpected holiday money charges, things are about to improve.
If you’ve come back from holiday and been horrified by extra charges on your bank or credit card statement, you’re not alone. In September Consumer Focus issued a complaint (technically, called a ‘super complaint’) about the cost of holiday money and the OFT has now got the banks and card companies to agree to make their charges clearer. And several major banks won’t charge if you buy foreign currency on your debit card.
A beginner's guide to ski insurance; how to buy the right policy to make sure you’re covered.
If you're heading to the slopes, ski insurance is one area where you shouldn't focus on the cost, but the benefits.
According to research from ABTA, which represents travel agents, only 40% of people check their travel insurance covers them before they go skiing, paragliding or doing water sports. The insurer Aviva has some even more frightening statistics as its research found that almost 60% of skiers don't have winter sports cover on travel insurance. But a fall could cost thousands of pounds in medical bills (far more if you need an air ambulance). What should you look for?
