What is the easiest way to deal with money when staying long-term in Mexico?
Posted: under Mexico.
Tags: Amount Of Money, Credit Card, Exchange Rate, Going To Mexico
Cookiemobsta asked:
I’m a college student, and I’m going to be studying abroad in Mexico for a semester. What is the easiest way to deal with money there? It seems that the cheapest way is to just use a credit card as much as possible (there is a fee for using a credit card, but there is also a fee for using an ATM or getting a wire transfer), but I’m wondering if it might make sense to convert a good amount of money at a bank or currency exchange in the states before going to Mexico, or if the exchange rate there would be as significant as the fee of a credit card or whatever. Can anybody help me?
I’m a college student, and I’m going to be studying abroad in Mexico for a semester. What is the easiest way to deal with money there? It seems that the cheapest way is to just use a credit card as much as possible (there is a fee for using a credit card, but there is also a fee for using an ATM or getting a wire transfer), but I’m wondering if it might make sense to convert a good amount of money at a bank or currency exchange in the states before going to Mexico, or if the exchange rate there would be as significant as the fee of a credit card or whatever. Can anybody help me?
Also, any tips in general about living in Mexico are appreciated. I’ve taken a preparation course and done some reading, so advice such as “Don’t drink the water” is rather redundant, but if you have some little-known advice, I’d appreciate it.
Thanks!
Breanna
Comments (7)
Jan 26 2008