personal finance
personal finance
Mexicans Pay Up to 30% More for Unplanned Funeral Services: How to Avoid It
Avoiding Financial Burden Through Proper Funeral Planning Mexicans often avoid planning their funeral services due to superstitions or financial constraints,...
personal finance
Mexico City Bans “No Pets” Clause in Rental Agreements
Legislative Changes to Housing Laws in Mexico City Mexico City legislators have approved amendments to Article 4 of the Mexico...
personal finance
World Savings Day: Only 66% of Mexicans Have a “Savings Stash” and Most Keep it at Home
Understanding the Context The World Savings Day is commemorated every 31st of October since 1924 to encourage the habit of...
personal finance
The Rise of Dishonesty in Times of Stress and Uncertainty: How to Counteract It
Understanding the Link Between Stress and Dishonest Behavior Stephen Covey: “The more you justify lying, the more you entrench a...
personal finance
Understanding Investment Funds and Their Benefits
What are Investment Funds? Investment funds, also known as variable capital companies, are entities that aim to buy and sell...
personal finance
My Biggest Investing Mistake: A Tale of Over-Optimization and Learning from Past Mistakes
Introduction When I turned 18, my grandmother gifted me a bank account with 2,000 pesos, encouraging me to learn money...
personal finance
Mexico’s Economy Slows Down in Third Quarter: What Does It Mean for Your Wallet?
Economic Contraction and Its Impact on Household Budgets The Mexican economy experienced a 0.3% contraction in the third quarter of...
personal finance
Claiming the Resources of a Deceased Relative’s AFORE: A Guide for Legal Beneficiaries
Introduction Many Mexicans, unfortunately, neglect to designate beneficiaries for their financial products like AFORE accounts. When a worker passes away,...
personal finance
Do Debts Get Inherited? Understanding Limited Estate Liability and When You’re Responsible
Introduction Ever wondered if debts are inherited along with assets? The quick answer is yes, but under specific guidelines. During...
personal finance
10 Unconventional Yet Effective Methods to Boost Your Finances for World Savings Day
Introduction On October 31, we celebrate World Savings Day. Despite being a fundamental habit in personal finance, many of us...