January 2007, my wife and I traveled to Italy and still enjoyed a euro that was worth $1.29, but now a euro costs $1.50. The euro has built-in fiscal discipline in that countries who use the euro are not allowed to run deficits. It is different here in the United States, we use deficit to finance our wars and tax cuts. This following article is by the travel guru, Rick Steves and he lists some ways to still enjoy Europe when the dollar is dying.

Labels: money saving tip, rick steves, travel