Top Wasting Money Quotes and Sayings

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Multiple points of view about a topic can help one put things in perspective better. Thankfully, these wasting money quotes present multiple points of view about the effects of wasting money and how to stop the waste.

However, these quotes about wasting money can also be used to help you develop better money habits in general.

Or perhaps, give you that extra encouragement you need to help you commit to your no-spend challenges or save challenges.

Here are a couple of my top-wasting money quotes and my take on them!

Wasting Money Quotes - He who buys what he does not need steals from himself. Swedish Proverb

He who buys what he does not need steals from himself. Swedish Proverb

Wise words.

So basically this quote is saying you are robbing yourself when you waste money purchasing things you don’t need.

Now when you think about this quote for a second the logic isn’t hard to understand.

In general, buying things you don’t need puts you at a disadvantage in the future.

In fact, it is an unjust action against yourself that sets you back financially.

For instance, think about what you could have been doing right now instead of reading this post or how much compound interest you could’ve gained if you didn’t spend your money buying certain things last year.

Maybe relaxing at your dream vacation spot? Or how does 7% compound interest sound to you?


Wasting Money Quotes - Don’t tell me where your priorities are. Show me where you spend your money, and I’ll tell you what they are. James W. Frick

Don’t tell me where your priorities are. Show me where you spend your money, and I’ll tell you what they are. James W. Frick

This quote is all about “put your money where your mouth is” or “money talks bullshit walks” or another popular one “show me don’t tell me” … you know the quotes!

I love these quotes BTW. They put people on the spot. No back-pedaling or bullshitting – just show or rather show and tell.

So this quote is right on. Sometimes we make loose statements or loud promises to ourselves, but our actions don’t match what we proclaim.

For instance, if you say saving money instead of wasting money is one of your top priorities then your actions should show exactly that.

However, if your spouse sees you collecting your online shopping deliveries at the door then saving money may not actually be a priority – maybe just wishful thinking.


Wasting Money Quotes - The waste of money cures itself, for soon there is no more waste. M. W. Harrison

The waste of money cures itself, for soon there is no more waste. M. W. Harrison 

Yes, this quote is really saying, if you continue to waste money soon enough you will no longer have that problem once the money runs out.

That’s harsh! It’s like flat-out telling someone they will be broke soon.

Now considering, money wasted today won’t help you gain compound interest tomorrow that’s one problem you don’t want to self-cure.

It’s better to learn how to manage your money better now than to learn the hard way after going broke.


Wasting Money Quotes - Too many people spend money they haven’t earned, to buy things they don’t want, to impress people they don’t like. Will Rogers

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

We call these people the Joneses. Sadly, falling prey to that kind of behavior is easy if one isn’t careful.

In fact, we see it all the time on social media. People who are living paycheck to paycheck, create a false narrative of success when in reality they are struggling financially.

Imagine going into debt because your top priority was buying things to impress people you don’t even like and likewise they don’t even like you.

Utterly, mind-blowing catastrophic nonsense.

Don’t do it – avoid the debt trap. Save your money instead – don’t nickel and dime yourself out of a fulfilling financial future.


Wasting Money Quotes - Wasting money puts you in a real party mood. Andy Warhol

Wasting money puts you in a real party mood. Andy Warhol

At the moment yes. But if you ever had to muster the courage to check your bank balance after a night out you know that feeling quickly dissipates once your bank balance is revealed.

You’re either relieved you didn’t go over your budget or in total disbelief that you wasted so much money before the club even kicked you out.

Such is life. If you’re lucky, you actually had fun and in that case, it was probably money well spent.


Wasting Money Quotes - Stop wasting money buying things you don’t need to impress people you don’t like. Suze Orman

Stop wasting money buying things you don’t need to impress people you don’t like. Suze Orman

This quote is very similar to Will Rogers’s quote:

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

The same concept really. In generally buying things you don’t need to impress folks is overrated and pointless.

Plus add “on credit” and now you’re out here looking like Bozo the Clown.

Don’t be Bozo the Clown, be you.

Live within your means, or better yet live on less than you make then save the rest of your resources for a rainy day.

It’s unfortunate, we live in a society where broadcasting you’re making ends meet is more important than actually making ends meet behind the scenes.

Plus, most times, the people who we try to impress don’t even notice us. Sometimes these people are busy living their lives or are busy trying to impress other people and not you.

Overall, just live your truth, and continue working on yourself and good things will continue or eventually come your way.


Wasting Money Quotes - If you buy things you do not need, soon you will have to sell things you need. Warren Buffett

If you buy things you do not need, soon you will have to sell things you need. Warren Buffett 

Now, this quote about wasting money is tragic. Let’s all play the sad tiny violin.

Imagine selling your needs because you wasted money buying wants you didn’t need.

Warren Buffett’s quotes about money are intentional.

Now, this isn’t surprising, considering the guy has years of experience growing and managing millions of dollars.

Therefore, he has earned his stripes in the financial and investment world.

Plus, who’s going to question a billionaire?

Hello! Like who?

After all, he’s clearly doing something right. In this day and age, I don’t believe you make billions by being lucky unless you bought some bitcoins in 2015.

Maybe, you might get lucky and strike gold on the first million.

However, moving forward, how you manage and grow your portfolio really dictates, how effective you are at managing opportunity costs in a world of unlimited wants and limited resources.


Wasting Money Quotes - A fool and his money are soon parted. Thomas Tusser

A fool and his money are soon parted. Thomas Tusser

The amount of money you have means nothing if you can’t properly manage it.

Which is one of the main reasons people with bad money management habits or those who lack financial knowledge have a hard time keeping wealth no matter how much it’s worth.

Therefore, one should not only aspire to be wealthy, but one should also aspire to be financially savvy as well.

Simply, acquiring money doesn’t account for much if you can’t keep much of it, to begin with.

So start equipping yourself with the financial knowledge you need to help you acquire, grow and manage money.


Wasting Money Quotes - Never spend your money before you have it. Thomas Jefferson

Never spend your money before you have it. Thomas Jefferson

This quote is putting me on blast but that’s ok. When you know better you begin to move differently and make better choices.

Spending money you haven’t earned is one sure way to dig yourself into a financial pit.

Fortunately, your stay isn’t permanent as long as you make the right financial decisions to get out.

However, it takes serious work and consistency to get out.

So trust me to make life easier on yourself, avoid spending money you haven’t earned.


Wasting Money Quotes - Rich people stay rich by living like they’re broke. Poor people stay poor by living like they’re rich. Warren Buffett

Rich people stay rich by living like they’re broke. Poor people stay poor by living like they’re rich. Warren Buffett 

In general the rich don’t really have anything to prove – they’re rich. While the poor on the other hand might feel they have to prove to the world that they are not actually struggling.

Rich folks who pass wealth down to other generations are able to do so by conserving their wealth.

This simply means they don’t squander their riches all at once – they save for late.

Living like you’re rich when you are poor, creates a false sense of accomplishment which hinders real financial growth and makes it difficult to achieve financial freedom.

That’s why self-awareness is so important on so many levels especially when dealing with money.

It’s important to know and understand your financial status and level in order to take the necessary steps to change your financial situation.

We will not fake the funk over here. No mama! We’re acting our wage. Period!


Wasting Money Quotes 2 of 26

If you fail to plan, you are planning to fail. Benjamin Franklin

This quote is not directly a wasting money quote. However, the act of planning can be applied to almost anything.

Thus, it suits this post exceptionally well.

In essence, if you don’t have a plan for your money – it won’t stick around. It’s just that simple.

But it’s your money, right? Well think about it this way, a professor once said the money goes where it’s least punished and most rewarded.

Still to this day I remember this one thing he said. However, the rest of the class, not so much.

Hey, at least I left with something.

Overall, this simply means, if you are not appreciating the money you have, it will find its way to someone with a plan for it – a plan with an enticing reward system that creates value.


Wasting Money Quotes - Not wasting money is the best way to save money.

Not wasting money is the best way to save money. Unknown

Yes, indeed. The best way to save money is to not waste it. Simple enough.

Thus, do a personal finance audit to weed out the areas in your life you’re wasting money and make the necessary changes to reduce wastage.

After you complete your personal finance audit you will be surprised.

Yes, surprised! So get ready!

Firstly, you may be surprised by how much money you’ve been wasting over the years and/or how much more money you are now paying for your basic needs.

Either way, this audit can easily be a game-changer for your personal finance needs so you can move to the next level.


Related Posts


Wasting Money Quotes By Us

Now you’ve had some eye-opening quotes by famous and wealthy people, here are a few quotes about wasting money by Chiclypoised.

We might as well put a spin on it! Why not? It’s the internet after all – a creative space of all things good or bad.

Wasting Money Quotes - If you continue to buy unnecessary things, don't be surprised when you can't afford your necessities.

If you continue to buy unnecessary things, don’t be surprised when you can’t afford your necessities.

Simple, don’t waste money on pointless things and wonder later why you don’t have money to pay for the goods and services you actually need.

Instead, provide for your basic needs, then save and invest the rest of your money.


Wasting Money Quotes - It’s better to save a coin today than to waste a coin you will need tomorrow.

It’s better to save a coin today than to waste a coin you will need tomorrow.

Meaning, don’t sacrifice your financial stability over pointless purchases you won’t care about late.

Instead, save or invest your money. Especially since you never know what unexpected situations that may arise where the money you wasted is now needed tenfold.


Wasting Money Quotes - If you’re broke, wasting money isn’t an option.

If you’re broke, wasting money isn’t an option.

That’s self-explanatory.

Yes, if you are broke just say that …

But most importantly, remember don’t waste your money – live by your means. Don’t flash for your followers on social media.

Actually, can we finally make flashing for social media like a fad?


Wasting Money Quotes - Crazy how you don’t feel guilty saving money but if you consciously waste one dollar you must muster the courage to check your bank balance.

Crazy how you don’t feel guilty saving money but if you consciously waste one dollar you must muster the courage to check your bank balance.

If you’ve ever been scared to check your bank balance after a night out you’re not alone.

Some call it financial anxiety. Which simply means a feeling of worry, fear, or unease about your finances.

Either way, it isn’t a good feeling. Thankfully there are ways to deal with financial anxiety including:

  • Set saving goals, work towards achieving them, and keep yourself accountable. A saving challenge is a great way to get started.
  • Create a budget and stick to it. Creating a budget helps you control your money and keeps you accountable for your personal cash flow.
  • Set a plan to pay off debts and stay out of debt. Debt can drive you nuts. However, managing your debt can significantly help you reduce that level of stress.
  • Create sinking funds and an emergency fund to pay for purchases and emergencies to reduce your financial anxiety and give you peace of mind.
  • Take things one day at a time and stop comparing your financial situation to the financial situation of others. Understand nothing is perfect and others may very well be struggling. Instead, focus on changing your situation because what others are doing isn’t part of your story.

Wasting Money Quotes - I don't know who needs to hear this but ... If you avoid checking your bank balance you know you're out here wasting money.

I don’t know who needs to hear this but … If you avoid checking your bank balance you know you’re out here wasting money.

This quote really piggybacks on the previous quote.

While financial anxiety is real, sometimes we knowingly indulge in activities that encourage us to waste money.

However, on the spur of the moment, we avoid facing reality until we have no choice.

Yes no other choice, but to check that bank account balance.


Wasting Money Quotes - I don't know who needs to hear this but ... Waste money today be broke tomorrow.

I don’t know who needs to hear this but … Waste money today and be broke tomorrow.

Simple enough. Unless you have a sugar mummy, sugar daddy, or a money tree you will be broke eventually.

M.W. Harrison said it best, “the waste of money cures itself, for soon there is no more waste.


Wasting Money Quotes - If you can't buy a want twice save your money.

If you can’t buy a want twice save your money.

Meaning if you can’t buy something you want (not need but want) and pay for it twice over in cash then you’re probably better off saving your money instead.

Some may argue well, as long as I can pay for it what’s the problem?

However, your ability to pay for something you want on the spur of the moment doesn’t necessarily mean you can afford it.

Hear me out.

At that very moment, you may be using funds you could later use to cover unforeseen expenses in the future.

You may be thinking, well I have an emergency fund so I am covered! No worries!

Well, what if your emergency fund isn’t enough? What now?

How do you cover the difference? Debt perhaps?

Overall, reward yourself but don’t indulge in habitual spending patterns unless you can really afford to.


Wasting Money Quotes - Money is a tool, use it with purpose.

Money is a tool, so use it with purpose.

Yes, it’s a tool. Tools are used to create value.

Therefore, similarly, use whatever money you acquire to create value that directly and positively impacts your financial future.

Let the wise decisions you make with your money, set you free from financial anxiety and into financial freedom.


Wasting Money Quotes - Money is a medium of exchange. Exchange but don’t squander.

Money is a medium of exchange. Exchange but don’t squander.

We don’t batter anymore. Well, maybe with close friends and family members but otherwise no.

In this era, money is used as a medium of exchange that simplifies transactions between buyer and seller.

So continue using money as a medium of exchange but don’t squander it.


Wasting Money Quotes - Don't fumble or squander your bag.

Don’t fumble or squander your bag.

In other words, secure the bag, make that money but don’t waste it.

Sadly, this is easier said than done because of all the spending temptations we are bombarded with on a daily basis.

However, don’t let that be your excuse, because you can still create a purposeful plan for your money.


Wasting Money Quotes - Make money but don't waste it.

Make that money but don’t let the money make you or make a fool out of you.

In simple terms, make money but don’t waste it. Save it, invest it and spend it wisely.

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