The process of developing a spending plan is known as budgeting. A budget refers to this plan for spending money. Developing this budget plan enables you to estimate your financial situation in advance and decide if and how you will have adequate funds to accomplish your goals. You could use this planning approach to set priorities on your spending and concentrate your funds on the things that are most important to you. This could include paying off a mortgage, business debt, save for education or sometimes simply pay the weekly grocery bill.

An expressed budget includes suggestions for how to allocate resources to cover planned expenditures. A budget can show a surplus, which reserve resources could be saved. To inspire your household to save more money each week, check out the list of quotes below.

Budgeting Quotes

Do you have money leftover at the end of the week after budgeting?

“A cardinal rule in budgeting and saving is to pay yourself first. Once your paycheck hits your account, wisdom has it that you should move some amount to savings even before you pay the bills.” – John Rampton

“Watch the costs and the profits will take care of themselves.” – Andrew Carnegie

“The practice of thrift is not outdated. We must discipline ourselves to live within our incomes even if it means going without or making do. The wise person can distinguish…between basic needs and extravagant wants. Some find budgeting extremely painful, but I promise you, it is never fatal.” – Marvin J. Ashton

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

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

“What you don’t do, if you’re an adult, is decide that you’re going to budget things through a sequester. What does that word have to do with budgeting? It’s like if you have a family budget and go, ‘We really don’t know what to take out economically from the budget, so we’re going to whack out protein for this week.'” – Lewis Black

“Adhering to budgeting rules shouldn’t trump good decision-making.” – Emily Oster

“Whenever I think about the budgetary problems, I think about the problems of Errol Flynn … reconciling net income with gross habits.” – Malcolm Rifkind

“Husbands, recognize your wife’s intelligence and her ability to counsel with you as a real partner regarding family plans, family activities, and family budgeting. Don’t be stingy with your time or with your means. Give her the opportunity to grow intellectually, emotionally, and socially as well as spiritually.” – Ezra Taft Benson

“Smart financial planning – such as budgeting, saving for emergencies, and preparing for retirement – can help households enjoy better lives while weathering financial shocks. Financial education can play a key role in getting to these outcomes.” – Ben Bernanke

“My parents started with very little and were the only ones in their families to graduate from college. As parents, they focused on education, but did not stop at academics – they made sure that we knew music, saw art and theater and traveled – even though it meant budgeting like crazy.” – Jennifer Garner

Low Budget Quotes

“The greater danger for most of us lies not in setting our aim too high and falling short, but in setting our aim too low, and achieving our mark.” – Michelangelo

“After six years of working on low-budget independent films of the too-weird-to-watch variety, being asked by DreamWorks to come and play with the big boys, it was like finding a unicorn in your sock drawer.” – Sienna Guillory

“To make a low-budget independent is not easy work.” – W. Earl Brown

“Never measure the height of a mountain until you have reached the top. Then you will see how low it was.” – Dag Hammarskjold

“I’m used to very low-budget situations. In ‘The Exploding Girl,’ we were literally changing in Starbucks because we didn’t have trailers.” – Zoe Kazan

“Keep a cool head and maintain a low profile. Never take the lead – but aim to do something big.” – Deng Xiaoping

“I hope to always be doing some low budget things.” – Rider Strong

“You can’t let the highs get too high and you can’t let the lows get too low.” – Heather O’Reilly

“Never cut a tree down in the wintertime. Never make a negative decision in the low time. Never make your most important decisions when you are in your worst moods. Wait. Be patient. The storm will pass. Spring will come.” – Robert H. Schuller

“Talk low, talk slow, and don’t say too much.” – John Wayne

Life’s so unpredictable. You never know when the next high or low will strike you. The trick is just to flow with the tide.” – Zeenat Aman

Funny Budgeting Quotes

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

“I’ll tell you what’s funny about it [NSA wiretapping]: They tell us we gotta cut the budget; we have to have a budget rollback. We’re going to cut the budget on air traffic control, and every once in a while your plane is going to be delayed for three hours. But we do have the money laying around to hire people to read your emails and listen to your phone conversations. That just doesn’t make any friggin’ sense at all.” – Michael Shannon

“Besides great climates and lovely beaches, California and Greece share a fondness for dysfunctional politics and feckless budgeting.” – James Surowiecki

“A budget takes the fun out of money.” – Mason Cooley

“The financial report makes it very clear that if we got into honest budgeting today, that in fact, we would find ourselves with a much larger deficit than we have today.” – Jim Costa

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

“Starship Troopers was great. It was great fun to work on something with blue screens and big-budget special effects. Denise Richards was nice to look at too, of course.” – Neil Patrick Harris

“I’m living so far beyond my income that we may almost be said to be living apart.” – E. E. Cummings

“You should always live within your income, even if you have to borrow to do so.” – Josh Billings

“Spare no expense to save money on this one.” – Samuel Goldwyn

“Anyone who lives within their means suffers from a lack of imagination.” – Oscar Wilde

Family Budget Quotes

“I was from a tough neighborhood, and we didn’t have a lot of money, but my dad worked hard, and my mom is good at budgeting things. That made me appreciate things.” – Imelda May

“I remember I had to go and ask my mom for groceries sometimes because I wasn’t the best person with budgeting. I had to learn the hard way, but you live and learn. It builds character and strength.” – Katie Cassidy

“The national debt is totally unlike a family budget for about a gazillion reasons, not the least of which being that families cannot raise money by fiat or deflate the size of their debt unilaterally and that family members die instead of existing infinitely.” – Matt Taibbi

“Those who analogize the federal budget to a family’s budget must know nothing about either.” – Robert Reich

“What the American family does not want is to pay an increasing fraction of their budget, their precious dollars, for energy costs.” – Steven Chu

“According to the Tax Foundation, taxes now consume more than 38% of the average family’s budget. That is more than is spent on food, clothing, housing, and transportation combined. Compare this to the plight of medieval serfs. They only had to give the lord of the manor one-third of their output – and they were considered slaves. So what does that make us?” – Daniel J. Mitchell

“The average family exists only on paper and its average budget is a fiction, invented by statisticians for the convenience of statisticians.” – Sylvia Porter

“How important are money management and finances in marriage and family affairs? Tremendously. The American Bar Association recently indicated that 89 percent of all divorces could be traced to quarrels and accusations over money. Another study estimated that 75 percent of all divorces result from clashes over finances. Some professional counselors indicated that four out of every five families wrestle with serious money problems.” – Jeffrey R. Holland

“Any sensible family has a budget that lays out how much will be spent for household and other purposes. Without such planning, things would quickly go awry.” – Walter Ulbricht

“It’s tough for me to get rid of clothes. I grew up in a household with a limited budget and we really had to make our nice clothes last, and so now I’ll get free pairs of shoes and this, that and the other, and I’ll be like, ‘Oh great!’; even though it stresses me out that I don’t have enough room to put them, I can’t throw them away.” – Will Ferrell

“In far too many families with young children, both parents are working, when, if they really took an honest look at the budget, they might find they don’t both need to. … What happened in America so that mothers and fathers who leave their children in the care of someone else – or worse yet, home alone after school between three and six in the afternoon – find themselves more affirmed by society? Here, we can thank the influence of radical feminism.” – Rick Santorum

Money Saving Quotes

Save it. Don’t burn it.

“It is critical that kids start to learn the value of money, short-term and long-term saving and budgeting at an early age.” – Alexa Von Tobel

“Do not save what is left after spending, but spend what is left after saving.” – Warren Buffett

“All workers, whether they are employed in the private or public sector, should avoid living ‘paycheck to paycheck.’ Studies show that every household wastes 10% or more of its salary or income on unnecessary expenditures or by not taking the time to shop for better prices. It’s all a matter of proper budgeting.” – Mark Skousen

“Money in the bank is like toothpaste in the tube. Easy to take out, hard to put back.” – Earl Wilson

“If saving money is wrong, I don’t want to be right!” – William Shatner

Related Reading: 159+ Quotes about Smiling and Moving on From Hardships with Grace 

“The single biggest difference between financial success and financial failure is how well you manage your money. It’s simple: to master money, you must manage money.” – T. Harv Eker

“You can make money two ways – make more, or spend less.” – John Hope Bryant

“If you would be wealthy, think of saving as well as getting.” – Benjamin Franklin

“Personally, I tend to worry about what I save, not what I spend.” – Paul Clitheroe

“Focus on all four of your net worth factors: increasing your income, increasing your savings, increasing your investment returns, and decreasing your cost of living by simplifying your lifestyle.” – T. Harv Eker

“I save money when I’m working so that I never have to take a role simply to pay the bills.” – Gary Sinise

Government Budget Quotes

“I have advocated for rolling back regulations, simplifying the tax code and moving to zero-based budgeting – policies that will support small businesses and raise up the middle class.” – Carly Fiorina

“I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible. … because I believe the big problem is not taxes, the big problem is spending.” – Milton Friedman

“For as long as I can remember the slogan has been … the federal government ought to behave more like families because families balance their budgets. It turns out that families looked around and said, “You know what? Let’s behave more like the government!” – George Will

“The only way to reduce our national debt is to grow the economy and cut spending. We have no idea how our money is being spent. As president, I will move all agencies to zero-based budgeting so that every agency has to justify every dollar that they spend.” – Carly Fiorina

“The idea here is for communities to decide how they meet these criteria for becoming sustainable economically, ecologically, and socially. Through a community decision-making process. And exactly how that would be configured, you know, remains to be established. The process of community budgeting, participatory budgeting, is one model that’s been suggested.” – Jill Stein

“If you look at countries that are comparable, like Switzerland or Germany, for example, they have mixed systems. They don’t have just a single-payer system, but they have very clear controls over budgeting and accountability.” – Hillary Clinton

“Completing annual appropriations bills would be an important step in responsible federal budgeting.” – Cindy Hyde-Smith

“The administration has a disturbing pattern of behavior when it comes to budgeting not only for the ongoing operations in Iraq and Afghanistan but also for military requirements not directly related to these conflicts.” – Russ Feingold

“I had learned many years ago in private business never to take responsibility without adequate authority; and the new Secretary of Defense, as budgets were sharply cut, quickly found that out.” – Stuart Symington

“The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending.” – Thomas Sowell

“We must have no carelessness in our dealings with public property or the expenditure of public money. Such a condition is characteristic either of an undeveloped people or of a decadent civilization. America is neither.” – Calvin Coolidge

Business Budget Quotes

“I think we have to notice that the business processes we use right now for thinking and planning and budgeting and strategy are all delivered on very tight agendas.” – Margaret J. Wheatley

“As soon as you’re at the higher levels of budgeting, you’ve got to get the film made, and the only way to support the film is to have actors who can support the budget.” – Ridley Scott

“If you’re trying to create a company, it’s like baking a cake. You have to have all the ingredients in the right proportion.” – Elon Musk

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

“Every family in America knows they have to do a budget. Every small business in America knows they have to do a budget. Every local government, every state, knows they have to do a budget.” – John Boehner

Related Reading: 155+ Revealing Quotes on Dealing with Liars at Work and Life 

“If you owe the bank $100 that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.” – J. Paul Getty

“A career, like a business, must be budgeted. When it is necessary, the budget can be adjusted to meet changing conditions. A life that hasn’t a definite plan is likely to become driftwood.” – David Sarnoff

“America is one of the biggest businesses in the world, and the people who run it can’t balance their budget. We need business people in there and lobbyists out of there.” – John Paul DeJoria

“You can fool all the people all the time if the advertising is right and the budget is big enough.” – Joseph E. Levine

“Whenever you see a successful business, someone once made a courageous decision.” – Peter Drucker

“A business that makes nothing but money is a poor business.” – Henry Ford

Budgeting Taglines

  • Making sense of it all.
  • Budgeting does the job.
  • Every budgeting helps.
  • It’s budgeting time.
  • Change your whole budgeting.
  • Getting ready for the rainy days.
  • Making every cent count.
  • Simply better savings.
  • Experience more with less.
  • The right way forward.
  • Make smart financial choices.

Budgeting Slogans

  • Create a better future, today.
  • Every budget matters.
  • Budgeting for your best interests.
  • Budgeting is our passion.
  • Spending the right way.
  • Making dreams come true, today.
  • Your choices today matter tomorrow.
  • Your future is your responsibility today.
  • Living comfortably tomorrow depends on the choices you make today.
  • Budgeting is always the right choice.
  • Think of tomorrow by acting today.

Food Budget Slogans

  • Food quality, not food quantity.
  • Your fast food can be your last food.
  • Watch your weight and the food you eat.
  • Think not just for yourself, but for others as well.
  • Buy food that’s just enough without disregard for others.
  • A leaner, meaner food budget.
  • Remember, food wasted by you could have fed a hungry or starving person.
  • Let’s eliminate food waste by buying just enough.
  • Get in the mood and donate food.
  • Please don’t waste food. Live simply, so that others may simply live.
  • Avoid food wastage. Take smaller portions.

Budget Friendly Slogans

  • Be eco-friendly and go green.
  • Budget always and forever.
  • This is the age of the budget.
  • Save now for a brighter future.
  • Prosperity starts with austerity.
  • Budget smarter.
  • Think smart, spend smart.
  • Value what you have, not what you intend to spend.
  • Reducing our wastage.

What Are The Benefits Of Establishing A Budget?

Discount stores are a good way to save money on the things you need

Do you have a food budget?

Everyone can benefit from putting a simple budget in writing. Here are a few of the specific ways having a budget can help you in life.

It Assists You In Getting Ready For Emergencies.

Sudden twists and turns, some better than others, are a part of life. It can be very difficult financially when you lose your job, get sick or hurt, get divorced, or experience a death in the family. Naturally, it seems like these situations usually come up when you least expect them—when you already have a tight budget.

A contingency fund for living expenses that covers at least three to six months’ worth of expenses should be included in your budget. After a life crisis, having this extra cash will save you from becoming deeply in debt.

It Enables You To Maintain Your Focus.

Setting long-term objectives and working toward them is made easier with the aid of a budget. How are you going to accumulate enough money to purchase a car or make a down payment on a property if you just drift idly through life, throwing your money at any attractive, sparkly object that seems to catch your eye?

With the help of a budget, you are compelled to set priorities, manage your funds, monitor your progress, and realize your aspirations.

A Better Alternative Than A Wandering Mind

Speaking for myself, I feel much more at ease with a budget. How many times have you been unable to sleep because of stress about how you would pay your bills? Individuals who have difficulty sleeping because of money problems allow money to rule them. Take the initiative and improve your mental well being and even get a good nights sleep as a result.

Related Reading: 173+ Life is a Journey Quotes That Inspire You to Enjoy the Ride 

It Enables You To Avoid Spending Money That You Don’t Have.

Prior to the invention of the credit card, most people had a good sense of their financial situation. They knew they were on track at the end of the month if they had enough cash to cover their expenses and put some money aside in savings. Nowadays, those who squander and misuse credit cards frequently aren’t aware of their overspending until they are in serious debt.

Consumers spend far too much money that they don’t have, and credit cards are entirely to blame for this. In fact, the average family credit card debt in 2021 was $5,525. According to news reports, these balances have increased even further this year.

Tips For Creating A Budget That Works

counting cash

Know where your money goes?

Your financial goals can be met by living within your means, saving for retirement, creating a reserve fund, and managing spending patterns. Here are some tips for creating that effective budget management.

Develop A Sound Budget And Keep Track Of Your Spending.

Understanding exactly how much money goes into and out of your account each month will help you start budgeting efficiently. Tracking your expenses and income over a period of 30 days is the most effective way to do this. This calls for keeping track of each and every transaction, either by recording them in a database or by utilizing a budgeting app.

Consider Why You Intend To Budget Rather Than How To Do It.

Although it might seem straightforward, the first step in making a budget is to decide why you desire to begin putting money aside. The key to being successful in any undertaking is to set measurable but difficult goals. Making specific, attainable savings goals can be made a lot easier by understanding what inspires you to save. Even when circumstances are difficult, staying focused and on track may be achieved by keeping your financial goals in mind.

Differentiate Among Short-Term And Long-Term Savings Objectives.

After considering why you wish to put some money aside, categorize your plans into both short- and long-term plans as the subsequent steps in creating a budget. An objective for short-term savings would be what? The following is an example of one of these reasonable targets:

Short-Term Goals:
– A car
– A memorable vacation
– A contingency fund

Long-Term Goals:
– Starting a business
– Owning a house
– Saving up for retirement
– An overseas trip

Create A Monthly Spending Plan.

You’ve identified your variable and fixed costs, the purpose of your budget, and the items you intend to save for. Now that you know how you can save money for the month, get to action.

It goes without saying that this differs from individual to individual. You might work full-time and receive a consistent salary as an employee or as a freelancer with unpredictable income. Or perhaps you’re attempting to make the most of every penny to make ends meet on a meager salary. Whatever the circumstance, we’ve put together some wise budgeting advice that applies to all income levels.

What is budgeting important?

Budgeting ensures that you are going to have enough funds to cover the items you necessitate and the ones that are essential to you since it enables you to make a spending plan for your finances. Maintaining a budget or spending plan can even help you avoid debt or, if you already are, work your way out of it.

Budgeting is essential if you want to control your monthly spending, be ready for life’s unforeseen circumstances, and be able to buy luxury items without falling into debt. It doesn’t have to be tedious, you don’t have to be brilliant at numbers, and keeping track of your income and expenses doesn’t mean you can’t buy the items you want. Simply put, it means you’ll be more in charge of your finances and know where your funds are going.

Want to start your own food business?

Hey! 👋I’m Brett Lindenberg, the founder of Food Truck Empire.

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