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MANAGING CURRENCY RISK AS AN EXPAT: • Does Currency Really Matter When You Inves...
WHAT IS CROSS-BORDER FINANCIAL PLANNING: • What is Cross Border Financial Planning?
Moving money across borders sounds simple… until you actually have to do it.
Between exchange rates, hidden fees, different banking systems, and tax considerations, the way you move your money can have a real impact on your financial life.
In this video, Sonja shares practical insights from working with global families and living internationally herself. She walks through some of the platforms commonly used by expats, including Wise, Charles Schwab, and Revolut, and explains where each one fits depending on your situation.
This isn’t about recommending a single “best” provider. It’s about helping you understand how different tools work so you can make more informed decisions for your own cross-border life.
If you’re living abroad, planning a move, or managing money across countries, this will help you simplify the process.
Chapters
00:00 Why moving money abroad feels complicated
00:42 How global life changes your financial setup
01:30 Why money movement impacts more than daily spending
02:05 Wise explained (pros and limitations)
03:05 Charles Schwab for global investing
04:05 Revolut, N26, and Monzo overview
05:00 When each platform makes sense
05:45 Why most expats use a combination approach
06:15 Final thoughts and key takeaway
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