Emergencies and the home consume the savings of Mexicans

The savings in Mexico it is a luxury that not all people can afford; the culture of foresight is one of the main topics on the current agenda. 63% of Mexicans save, but informally and only 20% use formal means, according to figures from the National Baking and Stock Commission (CNBV).

4 out of 10 pesos that the population saves informally are spent in monetary emergencies or unforeseen; while this same proportion goes to household expenses when it comes to formal savings.

The acquisition of assets is an item that does not present differences by type of savings, 19% of the savings goes to this item.

Other areas in which Mexicans spend their saved money are education, entertainment and business.


Leave a Comment