More often than not, people avoid delving into monetary matters and spending lots of time on working out the details of their family finances. Expats are certainly no exception to this rule – quite on the contrary. Since they are often busy with all the other tasks that a long-term stay abroad requires, they may hesitate to sacrifice even more precious energy and effort on topics like taxes or cost of living. While this is completely understandable, they may literally pay for it later. Time is indeed money: If you invest in gathering information and planning ahead, you could cut down on expenses in the future.