Its a fact that employers look favourably on a resume that presents an independent, dynamic individual who has an open mind and has seen more of the world than their own back yard.
With this fact in mind a greater number of people are taking time away from their studies and careers nowadays and spending a period of time travelling or working overseas.
If youre considering taking a similar path this article will help you get your head around managing your money when travelling, living or working abroad once your finances are in order you can spend the whole of the rest of the time having fun, exploring the wider world and meeting many new faces!
Even if youre planning a prolonged period of expatriation you should keep your local bank account open. You can then manage money and expenses back home more easily if needs be, and maybe even send some of your overseas income back home to pay off student loans or to save up for a house purchase one day in the future. Furthermore by keeping your account open youre keeping your credit history alive which is important if you ever plan to re-settle in your home country and maybe one day apply for a mortgage or...