As an expat (or would-be expat) you’ve probably had some experience of currency transfers and exchange rates. But do you understand what makes exchange rates move, and how fluctuations can have an impact on how much your currency transfer is worth? Understanding more about currency markets could help you save time and money on your…
Banks can seem mysterious and confusing, but it doesn’t have to be that way. Our friends at bunq — a mobile high tech bank that lets you easily open an account and has a unique view on investing money (or not) – gave us the scoop on how banks work. They also helped us understand…
As an expatriate living in another country, you may have worked long and hard in the US before beginning a journey overseas. If this is the case, you most likely accrued retirement savings in a 401k or Roth IRA. These savings programs are monumental in the US, with a large majority of Americans choosing to…
Saving isn’t always easy Let’s be honest saving money isn’t always easy. Housing prices are sky high and there are loads of awesome things to do. It’s easy to over spend in the heat of the moment and end up at the end of the month with virtually no savings. Save for a goal Studies…
Taxation and death seem to be unavoidable aspects of life. Generally speaking, taxes are a national issue; and, tax laws change when crossing country borders. For expats, tax consequences differ based on residency status and one’s personal situation. Therefore, some basic knowledge about the Dutch taxation system could save you both money and stress.
For many, the United States is the land of opportunity. Chances are, if you’ve worked there a while you’ve built up some money in a 401(k). Accessing these funds can be difficult if you’ve returned to Europe however. Thankfully, Beacon Financial Education can help you take control again. The 401(k) is a staple of the…
The topic of money has long been a delicate subject. Discussion of finances is something that was considered taboo in polite company. This attitude left many couples unsure of how to broach the conversation with their significant other, especially during times of financial strain, until it was too late. Fighting over finances is the second…
Are you an expat, or have you been an expat, have you worked in the United States and do you – still – have a 401k in the U.S? This could be a mistake! Expat Retirement Planning Working as a cross-border professional chances are you are accumulating pension plans and retirement assets all over the…
American expats with some extra money lying around found themselves in a bit of a jam in recent years. Until quite recently, convoluted tax compliance laws, wary institutions, and complicated cross-border planning meant that if you had some extra money sitting in your bank account, it more than likely just sat there.
This month our sponsor Beacon Financial Education goes into the most common jobs as a digital nomad, and how they should go about arranging their finances – both before and during their travels. After all, living life as a digital nomad may seem exciting. If you are interested in travelling, seeing new places, and having…
