We are contemplating moving to Merida for retirement and like to be thorough. Do any of the Yucatanliving viewers keep some money invested in Mexico, as in CD’s or whatever vehicle they use there, just in case? What kind of rate of interest are we discussing on those investments?

Then, when one travels, they want a credit card for airline tickets, rental cars, and hotel confirmations. We pay off our entire amount in a month or two. We have never used them to live beyond our means. However, individuals who have never experienced credit and the harm it can do with cards need some firm advice and education in them.

Translation: Mexico!! Avoid by whatever available means the use of credit cards. Mexicans, avoid the use of credit cards… don’t fall into the economical abyss of these “bank facilities”; they have caused personal and family disasters in a lot of “developed” societies around the world!!!