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
- 00:00Why moving money abroad feels complicated
- 00:42How global life changes your financial setup
- 01:30Why money movement impacts more than daily spending
- 02:05Wise explained (pros and limitations)
- 03:05Charles Schwab for global investing
- 04:05Revolut, N26, and Monzo overview
- 05:00When each platform makes sense
- 05:45Why most expats use a combination approach
- 06:15Final thoughts and key takeaway