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But there are definitely some must-dos you should put in place before you go on a trip abroad.

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Some traditional banks, for example, chargeexorbitant ATM fees, even at their own terminals.

And theworst financial mistakeyou can make is to come home from a vacation saddled with a pile of debt.

To avoid this problem, draft a realistic budget long before you even make arrangements for your trip.

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Consider Travel Insurance

Something that doesnt cross the mind of many travelers is insurance.

But the unfortunate reality is that most American health insurance plans dont cover incidents that occur overseas.

This is why you might want to look into buying adedicated travel insurance policyfor your trip overseas.

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