Term
Liquidity
How fast you can turn something into cash without losing value. A checking account is liquid; an apartment is not.
In pesos: An emergency fund must be liquid: $15,000 MXN you can withdraw tomorrow, not a plazo fijo locked for a year.
Where to go deeper
1/4 6 min Read The 50/30/20 rule for your first budget How to build your first budget in Mexico: from your real take-home pay to a plan that survives a normal month.More terms on the same topic
Educational content only: not financial, investment or tax advice. The numbers are examples to understand the idea, not a forecast or a recommendation.