Money Quote: A budget is telling your money where to go instead of wondering where it went.

John Maxwell Quote

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

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Irina Vasilescu

Irina Vasilescu is our money-saving and DIY expert and also the editor-in-chief as she's always on the lookout for the latest online deals.


  • Couldn’t agree more! Budgets are all about knowing exactly where your money is going. An essential thing for anyone who is short on cash to do.

  • My mom and dad used budgets all their lives and taught me how to live with budgets. I have applied this all the time and it works wonders… Just know how much you’re earning, write down what you need, think about how to pay for it. Done. The surplus is savings! Or luxury.

  • Ah! So true. We do so many thinks without even thinking about them… A similar meme could be made that would read “A schedule is telling your time where to go, instead of wondering where your time went!” Of course, living too rigidly might result in unhappiness, but to at least be aware of what is going on is essential!

  • Living without a budget means you are not in control of what you are doing with your money, it is gone before you know it and you have no idea where it went and you still have bills to pay, you’re looking around for more money.

    • This is indeed true. I have moments when I prepared a budget and when I did not. I just feel like I have much better control where every penny goes and the knowledge to where it went.

      Moving around without a budget can even be dangerous if you are an impulsive buyer. I know that the hard way. There are months that I almost went out of money. Luckily I still have buffers that saved me during that time.

      Still, always a good idea to have money guidelines.

  • I love this quote.

    Before I had a budget, I used to wonder why I was so ‘poor’. I never knew where all my money went. Then I kept a diary for a week, and wrote down EVERYTHING I spent money on. I was shocked to discover how much cash I wasted on a regular basis.

    Now my money is spent much more wisely. Having a budget has put me in control.

  • That’s right. I like this quote a lot because it does make quite a lot of sense, and it’s very reasonable if you think about it. The budget that we have, is telling us where the money should be going, instead of wondering where it actually did go, haha. It shows wisdom in how we should use our money and not just sit and think where it went, but know how we spend it wisely.

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