What is the easiest way to deal with money when staying long-term in Mexico?

I’m a college student, and I will 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 use a credit card just as much as possible (there is a fee for using a credit card, but there is a fee for using an ATM or receive a wire transfer), but I’m wondering if might make sense to convert a lot of money in a bank or currency exchange in the states before going to Mexico or if the exchange rate would not be as significant as the fees of a credit card or whatever. Can anyone help me? In addition, some general advice about living in Mexico are appreciated. I have taken a preparation course and do some reading, so tips like “Do not Drink the Water” is somewhat redundant, but if you have some little known tips, I agradezco.Gracias!

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