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Budgeting Quotes

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Budgeting Quotes

“While we often recognize the need to learn how to face hunger and need, we aren't always aware that we need similar help to face wealth and abundance. It's not easy to face affluence every day without committing idolatry or succumbing to ingratitude. In fact, church history is filled with stories of sincere believers facing lowness, hunger, need, suffering, persecution, hardship, and death with Christ-honoring joy and faithfulness. But the stories of Christian fidelity in the midst of overwhelming abundance, provision, plenty, and wealth are fewer and farther between. This is why Jesus says that it is hard for the rich to enter the kingdom of heaven (Matt. 19:23). One of the chief challenges for Christians in the West is to learn to face our unprecedented abundance with the strength supplied by Christ and not by the wealth.”

“Don’t increase your lifestyle until your passive income surpasses your active income. You’ll know you can and should buy that luxury item when the cost of keeping it is totally covered by your passive income. The things you own (such as dividend-paying stocks, oil partnerships, and real estate investment trusts) should pay for the things you enjoy and consume.”

“By keeping enough cash to cover at least one month of your typical spending, you’ve created enough liquidity to weather every crisis situation that has occurred so far in modern history.”

“See money – currency - as the flow of energy and giving that cycles between you, others and me. Now let it flow kindly, fairly and mindfully.”

“Treat debt the same as a really sharp sword. Use debt sparingly for well-thought-out reasons. Maintain debt properly. Aim to retire your debts at a reasonable point in the future.”

“With films, I just scribble a couple of notes for a scene. You don't have to do any writing at all, you just have your notes for the scene, which are written with the actors and the camera in mind. The actual script is a necessity for casting and budgeting, but the end product often doesn't bear much resemblance to the script--at least in my case.”

“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.”

“Right now we're concerned about budget. Right now we're concerned about the prospect of interest rate rise. We're concerned about government corruption, government handing out deals to specific groups. Coolidge fixed a problem like that. He came into a rough time and he, and Harding before him, fixed that by budgeting.”

“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.”

“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.”