Budgeting guides for Morocco

Simple methods, in dirhams, to manage your salary, save money and prepare for the big expenses of the year.

• How to make a monthly budget in Morocco (simple method, in dirhams)

  A step-by-step method to make your monthly budget in Morocco: work out your income and fixed costs, set a limit per category, save as soon as your salary arrives and track your spending every evening.

• Daret in Morocco: how the rotating savings circle works, pros and pitfalls

  Everything about the Moroccan daret (rotating savings circle, or tontine): how the rotation works, how much you receive, the risks, and how to track your contributions and your payout month without mistakes.

• Ramadan and Eid al-Adha budget: how to prepare without going into debt

  Ramadan and Eid al-Adha (the sheep) make spending soar. A method to plan for them months ahead with a monthly set-aside, and stay in control during the month.

• How to save for an apartment in Morocco: a month-by-month plan

  How to build up a down payment to buy an apartment in Morocco: set the goal, work out your monthly savings, speed things up with a daret or bonuses, and track your progress.

• The 50/30/20 rule adapted to Morocco: a worked example in dirhams

  The 50/30/20 rule splits your salary between needs, wants and savings. How to adapt it to Morocco (rent, family, Eid), with a worked example in dirhams.

• How to pay off debts and loans: a simple method that works

  Consumer loans, money owed to family, overdrafts: how to list your debts, choose a repayment order and track every payment until you reach zero.