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.
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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Share of respondents
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SINNETIC. (March 31, 2023). Share of adults using various methods to pay expenses when they run out of money in Mexico in the 3rd quarter of 2023 [Graph]. In Statista. Retrieved July 23, 2024, from https://www.statista.com/statistics/1398128/methods-to-pay-expenses-when-running-out-of-money-in-mexico/
SINNETIC. "Share of adults using various methods to pay expenses when they run out of money in Mexico in the 3rd quarter of 2023." Chart. March 31, 2023. Statista. Accessed July 23, 2024. https://www.statista.com/statistics/1398128/methods-to-pay-expenses-when-running-out-of-money-in-mexico/
SINNETIC. (2023). Share of adults using various methods to pay expenses when they run out of money in Mexico in the 3rd quarter of 2023. Statista. Statista Inc.. Accessed: July 23, 2024. https://www.statista.com/statistics/1398128/methods-to-pay-expenses-when-running-out-of-money-in-mexico/
SINNETIC. "Share of Adults Using Various Methods to Pay Expenses When They Run out of Money in Mexico in The 3rd Quarter of 2023." Statista, Statista Inc., 31 Mar 2023, https://www.statista.com/statistics/1398128/methods-to-pay-expenses-when-running-out-of-money-in-mexico/
SINNETIC, Share of adults using various methods to pay expenses when they run out of money in Mexico in the 3rd quarter of 2023 Statista, https://www.statista.com/statistics/1398128/methods-to-pay-expenses-when-running-out-of-money-in-mexico/ (last visited July 23, 2024)
Share of adults using various methods to pay expenses when they run out of money in Mexico in the 3rd quarter of 2023 [Graph], SINNETIC, March 31, 2023. [Online]. Available: https://www.statista.com/statistics/1398128/methods-to-pay-expenses-when-running-out-of-money-in-mexico/
