Éducation financière : Quelles influences sur les décisions financières des citoyens marocains ?

Abstract

This article aims at highlighting the importance of financial education, assessing its level in the lives of Moroccan citizens and studying its impact on their financial decisions (planning, saving and business creation), based on a questionnaire survey filled by a sample of 473 Moroccans aged 18 and above. As a matter of fact, financial education is a fundamental lever for any economy that enables individuals to understand simple concepts which help them make the right financial decisions. The assessment of its level was based on the international standard: The Big Three. The answers reflect a lack of financial education in the lives of Moroccans and establish a positive correlation between financial education, planning behavior and saving, as well as a negative correlation between financial education and creating a business.   JEL Classification: I22, M10, O16 Paper type: Empirical Research.