Budgeting. It’s a word that many personal money coaches use – a lot. It’s a common part of financial advice for a reason – because it works! But many people aren’t convinced. They think that creating a budget is too hard. Or following a budget is too restrictive or too time consuming.

Well, I’m here to tell you that isn’t the case. Personal budgets are a way of planning how you want to use your money. They allow you to set and achieve your financial goals.

Still not convinced? Then, keep reading. Here are some of my favourite quotes about personal budgeting that will inspire you to start a budget – NOW!

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

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

2. “Budgeting isn’t about limiting yourself – it’s about making the things that excite you possible.” – unknown

3. “Budgeting only has one rule; Do not go over budget.” – Leslie Tayne

4. “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

5. “A debt problem is, at its core, a budgeting problem.” – Natalie Pace

6. “The simplest definition of a budget is ‘telling your money where to go.’” – Tsh Oxenreider

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

8. “A budget is more than just a series of numbers on a page; it is an embodiment of our values.” – Barack Obama

9. “One reason people resist change is because they focus on what they have to give up, instead of what they have to gain.” – Rick Godwin

10. “The budget is not just a collection of numbers, but an expression of our values and aspirations.” – Jacob Lew

11. “That’s why you call it a budget. You set it and you don’t budge.” – Jennifer Morrison

12. “I grew up in a world before people had credit cards. There were no magic cards – it was all about budgeting.” – Anthea Turner

13. “Be judicious with your budget and buy things that are going to last.” – Michael S. Smith

14. “Budgeting is the first step toward financial freedom” – Unknown

15. “The secret to budgeting is that it needs to be honest. Not what you think it should be or wish it could be, but what it really is.” – Lisa Conway-Hughes

16. “Even when you have a big budget, you can’t just shoot everything.” – Debbie Allen

17. “Creativity starts when you cut a zero from your budget.” – Jaime Lerner

18. “If you want creativity, take a zero off your budget. If you want sustainability, take off two zeros.” – Jaime Lerner

19. “This budget reflects a choice, not an easy choice, but the right choice.” – George Pataki

20. “Adults devise a plan and follow it. Children do what feels good. Be an adult and make a budget.” – Dave Ramsey

21. “I’m not cheap, you understand, I’m just a cut price person in a low budget land.” – Ray Davies

22. “A budget is a financial plan to control future operations and results.” ― Jae K. Shim

23. “Budgets are blueprints and priorities.” ― Kevin McCarthy

24. “With an understanding of your budget and your true needs, you may start putting away more money than you ever expected.” ― Larry Dyson

25. “If broke people are making fun of your budgeting, you are doing something right.” – Dave Ramsey

26. “It’s clearly a budget. It’s got a lot of numbers in it.” – George W. Bush

27. “Budgets are nothing if not statements of priorities.” – Jeff Merkley

28. “Budget: A mathematical confirmation of your suspicions.” – A.A. Latimer

29. “A budget is a plan for your money. It is how you want to spend your money. Financially smart people create a saving budget first and then plan the spending budget. Are you financially smart?” – Nita Menezes

30. “A budget isn’t about restricting what you can spend. It gives you permission to spend without guilt or regret.” – Dave Ramsey

31. “I believe in ‘last in, first out’ budgeting. If you go to any company, any family budget, that’s what you usually cut in a time when you can’t afford things. We are at a very critical point where we have to make decisions about whether we can really afford this huge new entitlement.” – Gil Gutknecht

32. “The only way to learn on a $0 budget is to talk to people.” – Drew Houston

33. “Beware of little expenses; a small leak will sink a great ship.” – Benjamin Franklin

34. “Budgeting isn’t a bad word.” – Rachel Cruze

35. “A budget doesn’t limit your freedom; it gives you freedom.” – Rachel Cruze

Until my next blog post, here’s wishing you lots of joy and happiness!

With love,


Hi! I'm Joanne. I’m a Canadian Chartered Professional Accountant (CPA, CMA). Money management is a life skill that I passionately believe all people need to learn. As an accountant, I love helping people understand numbers and money. At BuildingJoyAndHappiness, I share my tips to money management and make understanding finances simple.

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