MYTH: Thanks to soaring gas prices and a weak dollar, travel is only for the rich.
REALITY: Nonsense. Those dollars may be flimsy in Europe, but they're still rock-solid in Latin America. Also worth considering: cruises. No longer for blue-haired biddies, cruises are now catering to singles and families.
MYTH: Americans aren't welcome in many parts of the world.
REALITY: As my friend is fond of reminding me whenever I am overcome with self-consciousness, "People have other things on their minds besides you!" Same thing applies abroad. So long as you mind your business and respect local laws and customs, you'll be fine. For a list of nations where the welcome mat may not be rolled out, check out the State Department's Travel Warning page.