As most of you have probably noticed lately, the exchange rate is absolutely terrible. You're Canadian and you want to shop in the States because you think you're gonna save money? Well, good luck with that. As of Friday, the Canadian dollar was worth 71 cents U.S. but a few short days before it was at 69 cents U.S. AHHHH.
Now a lot of people lately have been asking me if I'll be shopping or what I'll be doing when I go down to the States in March since the dollar sucks. Well we are going for WPPI which is a photographer's conference. So I mean yes there will be some downtime but I will likely be saving my money for things like food. I have been very conscious about saving money though and checking out things on sale in stores that I would shop at. I wanted to offer some of my money saving tips for those who are thinking of cross boarder shopping or road tripping soon.
1) Get a U.S. Account at your bank: depending on your bank, this should be free. This is just like an extra savings account, only for U.S. money. Every single time I went to the bank to take American money out, I was always offered a U.S. credit card. Since I was only going once a year at that point, I always politely refused. Then one time the teller offered to open a U.S. bank account. This was free of charge, and basically it's an account that no matter what the exchange rate is, always got a little bit of a better rate. So I said sure why not. So even though $1 Canadian = $0.71 U.S, I might get a rate of $0.75 U.S. It's not much, but hey it's something.
2) Look for those American Coins: every time I shop here whether it's at the grocery store, the gas station, or a restaurant, I am pretty observant to see what kind of change I get, and if there are any American coins in it. I have a jar that I have been stock piling this change in, and even though I know it won't add up to much by the time I go, it still means less money I'll have to take out of my other account. (FYI...you may think change doesn't add up in a jar, but try working a job that has tips or putting your remaining change in a jar for a few months. You'd be surprised at how fast it adds up)
3) Research: look for restaurants, malls, entertainment, or whatever before hand to see if you can find deals, coupons, or just cheaper places in general. Since we're going to Vegas, there is a LOT of stuff to do for free. I mean come on, you can spend one day just checking out hotels for pete's sake. Since the dollar isn't the best, we plan to have a lot of free stuff in our itinerary for the evening's and the extra day we'll have in Vegas. The best thing about going to a place like Vegas is you can make a huge itinerary full of free stuff and maybe have one or two paid things and still feel like you're getting in the full Vegas experience.
4) Pack Light: this is a basic travel tip. But if you're flying somewhere and you don't want to pay for your bag that weighs 80 pounds because you went a little shopping crazy, pack light so you'll have the extra room. I mean, you already have to pay for baggage fees on most flights now, why would you wanna tack on extra money because your bag is overweight?
5) Enjoy Yourself: I have to keep reminding myself of this. If you're someone who doesn't get to travel a lot, don't forget to treat yoself. Just because the dollar sucks, you deserve this trip! Again, I only get away 1-2 times a year if I'm lucky. So if there is a purse at Kate Spade and they've got a killer sale on, you know I'll be all over that. It's important to be smart, but it's also important not to stress over the small things because a vacation is meant to be enjoyed.
I recommend checking out this website below too, especially if you're a first time or non frequent traveller. And if you are going somewhere in the next few months, have fun!
https://www.crossbordershopping.ca/top-10-cross-border-shopping-tips-for-canadians

No comments:
Post a Comment