The issues that go along with spending upwards of $75,000 on a vacation is not something most travelers ever have to consider. But for our 18 month trip around the world, we were faced with some new challenges for this same reason.
While the argument for how much a journey like this should cost is best served for other articles, one of the biggest struggles long-term travelers have to face are the bank fees that are associated with such a large amount of spending.
After many years of paying comically high fees without any other recourse, banks are finally starting to understand the fact that people do not want to pay foreign transaction fees to access their money. We thought we found a great policy with our bank, PNC, but the honeymoon was soon over just 6 months into our journey as the terms were recently changed back to the archaic fee structure we were trying to get away from.