This article reveals as many as 30 of the best budgeting quotes and the lessons they teach you to help with budgeting.



Individuals often try to explain certain things or expound on ways of thinking by writing volumes on the subject or talking at great length.

When often, a simple phrase, even more powerfully a quote, from someone who knows what they’re talking about, is sufficient.

The same is true in the financial world if you were to ask somebody to explain what a budget is.

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Most likely, they would start with the basic rationale of creating a budget, the mechanics of formulating this financial sheet, share from the depths of their financial being of the importance of the budget, encouraging others to do the same and stick with a formulated budget in their lives.

How beneficial would it be just to simply capture in a few short words or a phrase what a budget is its purpose and power?

There are such quotes of individuals who have specifically captured what a budget is and what it can do for an individual.

Let us look at 30 memorable quotes about budgeting.


Short and to the Point

On a trip up to Oregon, my wife and I sat down at a dinner table with a couple of travelers moving through the Northwest part of the country.

Although they didn’t directly speak about budget, I was struck by similarities in what he told her in regards to keeping things simple due to their limited space in their RV.

He shared with us that whenever she wanted to buy something he would tell her that it was okay, but what was she going to get rid of to make room for that something new in their life.

So, it seems with budgeting.

If we’re going to spend outside of the budget, what are we going to reduce or get rid of to make room for that unexpected or non-budgeted purchase?


30 Best Budgeting Quotes


1. Jack Lew

The budget is not just a collection of numbers, but an expression of our values and aspirations.”

-Jack Lew

A budget is an extension of ourselves and the way that we spend our money and respect our money is an indicator of who we are.


2. William Feather

“A budget tells us what we can’t afford, but it doesn’t keep us from buying it.”

-William Feather

The budget is set up to create parameters on our budget, but it is up to us to stay within those parameters.


3. Jaime Lerner

“If you want creativity, take a zero off your budget. If you want sustainability, then take off two zeros.”

-Jaime Lerner

Our innovation to manage financially is by being creative and that is realized by taking zeros off of the budget.

Living below our means requires the discipline of taking two zeros off of the budget or spending less than what is budgeted.


4. Tere Stauffer

“Used correctly, a budget doesn’t restrict you; it empowers you.”

-Tere Stauffer

Adhering to a budget doesn’t entrap us.

Quite the opposite is true in that a budget empowers us to be more financially independent.


4. Beyond a Budget

“Budgeting is the first step toward financial freedom.”

-Beyond a Budget

Every success starts with a plan and realizing the success of financial freedom is no different.

The first part of the plan is a budget.


6. Natalie Pace

“A debt problem is, at its core, a budgeting problem” 

-Natalie Pace

If an individual is in debt, it goes back to the critical component of a budget.

If there is no budget there will be financial debt if the budget is not adhered to there will be financial debt.


7. Joe Biden

“Don’t tell me what you value, show me your budget, and I’ll tell you what you value.”

-Joe Biden

The way that we spend our money, according to our budget, is a direct reflection of what we value in life.

The way that money is spent is a window into an individual’s character and personality.


8. Leslie Tayne 

“Budgeting has only one rule Do not go over budget. “

-Leslie Tayne

This is the simplicity and power of a budget.

The two rules are not to go over budget rule number two is see rule number one.


9. Sinclair Lewis

“It isn’t what you earn but how you spend it that fixes your class.”

-Sinclair Lewis

Money does not determine your worth or your position in society.

Money remaining is the determining factor of the life that you wish to lead.


10. George Washington

“We must consult our means rather than our wishes.”

-George Washington

It’s one thing to want or wish to have something in your life.

On the other hand, it is the money that we have remaining that will determine what we are able to receive.

Often there is a significant gap between our wishes and our means, but budgeting can bridge that gap.


11. Rosette Mugidde Wamambe

“Budgeting is not just for people who do not have enough money. It is for everyone who wants to ensure that their money is enough.”

-Rosette Mugidde Wamambe

The importance of budgeting is for both people who have money and a tool or restraint to help people who have money to ensure financial resources for the future.



12. Gracious

“You must gain control over your money or the lack of it will forever control you.”


The person who has no budget has no control over their money.

If there is no control over one’s money, then money will control that individual.


13. Tsh Oxenreider

“The simplest definition of a budget is “telling your money where to go.”

-Tsh Oxenreider

Budgeting is the demonstration of power over money.

The budget says to money where it will go in regards to how it will be spent.

In essence, a budget is master over the money and provides direction.


14. Idowu Koyenikan

“When money realizes that it is in good hands, it wants to stay and multiply in those hands.”

-Idowu Koyenikan

This mystical quotation refers to the energy of money.

If the energy of money realizes that it is respected and honored, it will remain and grow in that person’s life.


15. Thomas Hughes

“You are no longer a boy, and one of the first duties which a man owes to his friends and to society is to live within his income.”

-Thomas Hughes

Living within one’s means is not only a personal responsibility but a responsibility that is extended to his or her sphere of influence and within society. L

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iving financially responsibly has a personal impact and financial impact upon others.


16. Dave Ramsey

“A budget is telling your money where to go instead of wondering where it went.”

-Dave Ramsey

A budget is a tool that controls money.

It is like the rudder of the ship steering the money rather than the money steering the ship.


17. Natasha Munson

“Money, like emotions, is something you must control to keep your life on the right track.”

-Natasha Munson

If our emotions control our lives, we are at the mercy of influences such as anger, jealousy, envy, etc. It would be a lifestyle on a path that meanders back and forth with no direction.

So it is if our money controls us and not vice versa.


18. Money Tree Man

“A personal budget is a manifestation of your decision to grab your finances by the balls.”

-Money Tree Man

A pretty graphic quote about controlling money and keeping it at the mercy of the individual who has the upper hand.


19. Benjamin Franklin

“Beware of little expenses a little leak will sink a great ship.”

-Benjamin Franklin

The budget should be tight and leakproof as the uncontrolled spending and purchase of non-budget items accumulated can destroy or sink a person’s finances.


20. Natalie Pace

“Every cent you own and every moment you spend is always an investment.”

-Natalie Pace

A reminder that even the smallest of monetary denominations and our time is valuable and should be considered as investments.

What a powerful perspective.


21. Gracious Quotes

“If broke people are making fun of your financial plan, you are on the right track.”

-Gracious Quotes

The foolish people with money fail to plan; therefore they should plan to fail. If mocked by the foolish it is a strong indicator you are on the right track because you have a financial plan.


22. Edmund Burke

“If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.”

-Edmund Burke

Who is in control?

If your money controls you, then that is the road to poor spending and possible poverty.

However, if you through financial budgeting are in control you make the decisions and determinations.


23. Gracious Quotes

“Don’t let pride keep you in debt. A big house and fancy car aren’t worth a lifetime of bondage.”

-Gracious Quotes

The trappings of wealth are a trap that can hold one in debt.

Control your money, not the other way around.


24. Will Rogers

“Too many people spend money they haven’t earned, to buy things they don’t want, to impress people that they don’t like.

-Will Rogers

Money is to be respected and not utilized to impress others through overextended credit, purchasing things, and the admiration of others. Respect money and it will respect you.


25. Jennifer Morrison

“That’s why you call it a budget. You said it and you don’t budge.” 

-Jennifer Morrison

A budget is non-negotiable.

Stand your financial ground.

The budget is in place, minor modifications as necessary, but should remain the financial rock or foundation of one’s personal finances.


26. Beyond a Budget

“Starting a budget is believing in a better tomorrow.” 

-Beyond a Budget

A budget is formulated in the present moment but has focus and ramifications on the future as well.


27. P.T. Barnum

“Money is a terrible master but an excellent servant.” 

-P.T. Barnum

If money and spending are not controlled by budgetary restraints money will be spent freely and wildly.

However, if restrained by a budget it serves the one who has conquered or is in control.


28. Jae K. Shim

“A budget is a financial plan to control future operations and results.”

-Jae K. Shim

A budget is more than just the present day.

The strength of a budget floods the tomorrows of an individual’s financial life and demonstrates its power into the future in providing the desired results.


29. Grant Cardone

“If you don’t get serious about your money, you will never have serious money.”

-Grant Cardone

This play on words is spot on.

If you are not serious about controlling your expenditures your money will sift through your fingers like water.

If controlled, however, like a dam controlling the river, a budget will provide serious and powerful outcomes.


30. Edmund Burke

“If we command our wealth, we shall be rich and free. If our wealth commands us, we are poor indeed.”

-Edmund Burke

Who’s in charge?

If through a budget, we control our wealth or our expenditures, the results will be freedom from debt and accumulation of wealth.

However, if on the other hand, we are under the power of our wealth or if our wealth controls us as reflected in our expenditures the outcome is our own poverty.


Best Quotes on Budgeting FAQs


Where Do I Start When It Comes to Budgeting?

The first and most critical step to a budget doesn’t begin with a spreadsheet, looking at your personal finances, or categorizing your income or expenses.

The budget process begins in the mind with a commitment.

A commitment that understands the importance, the power, and the commitment to follow through on the process day after day.


So, I Have a Budget. Now What?

The budget is a dynamic tool to manage your finances.

It can change from moment to moment which requires adjustment.

For example, a bill arrives, and it was not budgeted.

This will require action on your part to look at your budget and determine whether the expenses or the income needs to be adjusted.

Either more income needs to stream into the household, or something needs to be trimmed on the expense side.


You Can Do It

As reflected in these powerful quotes, a budget is of extreme importance.

A budget reflects our values, our attitude towards money, whether our finances control us or the reverse, and more.

Armed with these memorable and impactful quotes, a renewal of your commitment to budget or perhaps a commitment to begin the budgeting process is in order.

The budget ball is in your court.



Budgeting is not only important, but also critical to your financial success.

Perhaps it is time for you to pick up the weight training equipment of a budget and start to strengthen and exercise your financial muscle.

Again, this company has paid $25+ million to members:

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Apart from being a seasoned Personal Finance expert who has written for top publications around the world, I bring significant personal financial experience. Long story short... through bad financial choices... I found myself $100,000 plus in debt. I was able to dissolve this indebtedness and regain financial solvency. This financial turn around was accomplished through reading, studying and implementing a financial plan. My financial plan included paying down my debt through budgeting, being cognizant of where my financial resources were being spent, changing my attitude about money and understanding the binding chains of the improper use of credit. Today, and for 10 years, I have been debt free and have invested wisely to enjoy my current retirement. This is allowing me to write to help others make, save and grow money wisely!