August 8, 2026 - 23:44

Mexico News Daily has kicked off a fresh weekly series called Mexico and My Money, aimed at helping readers navigate the often confusing world of personal finance south of the border. The new column will cover practical topics like opening a local bank account, understanding credit scores, and making sense of investment options available to both expats and Mexicans.
Each week, the series will break down one key financial topic into clear, actionable advice. Early planned segments include how to choose between a traditional bank and a digital-only app, what to know about fixed-rate savings instruments like Cetes, and the basics of buying property through a bank trust. The goal is to move beyond generic tips and address the real questions people face when managing money in Mexico, from currency exchange fees to tax reporting for foreign income.
The series also promises to look at bigger-picture issues, such as how inflation affects everyday purchasing power and what the recent changes in banking regulations mean for consumers. Whether you are a recent arrival trying to pay your first electricity bill online or a long-term resident thinking about retirement funds, the column aims to offer straightforward guidance without the jargon.
Mexico and My Money will appear every week, with each installment building on the last. Readers can expect a mix of how-to guides, expert interviews, and cautionary tales about common financial mistakes. The first piece is already live, focusing on the basics of setting up your first Mexican bank account and the documents you will need.
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