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This is an excerpt from Dollar Scholar, the Money newsletter where news editor Julia Glum teaches you the modern money lessons you NEED to know. Don't miss the next issue! Sign up at money.com/subscribe and join our community of 160,000+ Scholars.
All that pasta must have messed with my brain.
When I traveled to Italy last summer, I froze every single time a cashier asked whether I wanted to pay in local currency or U.S. dollars. It was hard enough for me to wrap my head around prices being listed in euros, and this question sent me into a state of total confusion. (What’s the right answer? Which option is cheaper? Can I get another Aperol spritz, please?)
Now I’m preparing for another summer vacation in Europe, where I’m bound to face this dreaded choice yet again. In my anxiety, I’ve realized I don’t actually know any of the best practices for personal finance on trips abroad.
This time, I’m determined not to go in blind.
