Got the superpeso blues? Try these everyday money saving tips

Published July 30, 2023

If you’re like me, you’ve been observing in dread as the dollar has continued its slow nosedive in relation to the peso.

Where will it bottom out? Nobody seems to know. Pessimists say there’s no limit, while optimists say that it should be between 18 and 19 again by the end of the year. As far as I’m concerned, it’s anybody’s guess in this weird dimension we’ve been stuck in lately.

I’m actively trying to adjust my budget and not get my hopes up, but the past several months have been a pretty painful transition for a lot of us. This includes both those workers who earn in dollars who’ve seen 20% of their income seemingly evaporate into thin air, as well as the many families in Mexico who rely on remittances from family members in the U.S. to meet their living expenses.

If only we’d known last year what we know now!

Read more […]