Missionary Minded

ATM Withdrawal Limits

As missionaries we sometimes need to pay cash for items that we could easily buy with our credit/debit card or check in the US. So, it’s not uncommon for us to withdraw large amounts of cash using an ATM to pay for capital items. At times we’ve had difficulties taking out as much cash as we need, so we’ve planned our ATM withdrawals with that in mind. The reality is that there are limits involved with ATM cash withdrawals, but with some knowledge, trial and error, there are still ways to get the cash you need. One limit is the daily limit on withdrawals allowed by your bank. For example, ECCU’s standard daily (24hr) ATM limit for withdrawals is $1010 USD, or the available balance (whichever’s lower), and for POS (point of sale)... [read more]

Category: Missionary Minded

Cultural Economics

When we moved to Africa four years ago, I took my first real trip through the grocery store to look for items that I actually needed for our home. The store near where we lived had an amazing variety! You could buy everything from a loaf of bread... [read more]

Category: Missionary Minded

IRS and Overseas Accounts and Assets

Serving internationally, it’s important to know what the rules are surrounding foreign accounts and assets. I’m not a CPA but I’ve spent some time researching tax laws and IRS reporting... [read more]

Category: Missionary Minded

Travel Blog: Travel Agents

“Out with the old and in with the new!” That may be good advice for spring cleaning, but it may not always be the best money-saving counsel for travelers. Consider the once ever-present travel agent. It used to be that you could hardly imagine planning a trip of international import without the help of a world-wise agent and their trusty travel brochures. Then came the internet and suddenly we can plan our own itineraries and book our own hotels in Rio or Rome while based in Reno. Travel agencies... [read more]

Category: Missionary Minded

A Money-Saving Travel Lesson Well Learned

It just took a phone call, a form and a few minutes to put some well-spent dollars back in my pocket—here’s how. Recently I was attending a conference in Bangkok and... [read more]

Category: Missionary Minded

Is It Possible to Raise Money from Overseas?

We hear from missionaries frequently on the need to raise support. A common scenario is that the need is unexpected and the missionary is still on assignment overseas. This prompts the question: Can you raise money from overseas? Here’s what fundraising expert Scott Morton... [read more]

Category: Missionary Minded