Hey there! 😊 Did you know that when people from Mexico work in the United States, many send money back home to their families? This money is called remittances. 💸
In fact, last year, Mexicans living abroad sent around $68 billion dollars back to Mexico! That’s a huge amount! It makes Mexico the second largest country in the world to receive remittances. The first is India, which received $129 billion. 🌎
But how does this money help? Well, families in Mexico can use it to buy food, clothes, and pay for school. 🏫 It helps them live better lives. But here’s something cool: these remittances also help the United States!
How? When families in Mexico have more money, they can buy things made in the USA. This means more jobs and money for people in the United States too! It’s like a big circle of helping each other. 🤝
So, next time you think about people sending money back home, remember that it helps everyone. Isn’t that awesome? 🌟
Reference(s):
cgtn.com
