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Share of adults using various methods to pay expenses when they run out of money in Mexico in the 3rd quarter of 2023

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Source

Release date

March 2023

Region

Mexico

Survey time period

3rd quarter 2023

Number of respondents

1,262 respondents

Citation formats

Methods to pay expenses when running out of money in Mexico 2023

Published by ÌÇÐÄÆƽâ°æ Research Department, Jul 10, 2023
In the first quarter of 2023, over a third of adults in Mexico responded that they use their credit cards to cover their expenses when they run out of money. Nevertheless, the most common behavior during such a situation of economic stress was to reduce their expenses. Nearly a third of respondents also mentioned that they would borrow money from a friend or family member.
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