Mexico | Financial health at Easter, with pandemic and inflationary pressures

Press release | In 2019, there were areas of opportunity in the financial health of Mexicans; in 2020, the Covid-19 begins; in 2021, inflation increased; and in 2022 the conflict in Ukraine adds new pressures to inflation. Therefore, in the following vacations, you have to take care of your physical and financial health.

Key points

• Key points:
• Expense | In 2019, 20.7% of the adult population had the perception that the money they received "is not even enough for what is necessary" and 66.5% that it is "enough for what is necessary".
• Savings | In 2019, in case of an economic emergency equal to what they earned or received in a month, only 20% could pay it with their savings.
• Credit | In 2019, 67.5% of people with debt considered their debt as moderate, high or excessive.
• Planning | In 2018, only 34.8% of adults kept a budget or record of their income and expenses.
• Just as the Covid-19 pandemic has not ended, neither have inflationary pressures, so, in this next holiday period, it is best to continue with health measures to take care of both physical and financial health.

Authors

Geographies

Topics

Tags