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A phrase used as a noun overall. An individual who seemlessly combines the social attributes of a "baller" (one who demonstrates a dispensable income at social gatherings which automatically lead to popularity and desirability with both the male and female members of any given social group in any given social situation) and a budget-minded individual who aspires to achieve a similar level of popularity and desirability without having a dispensable income on hand.
Have you ever seen a Pontial Fiero (1984-1988) with a Lamborghini body kit? From 100' away, it looks like a Lamborghini, but when it drives by, it sure sounds like a US Mail Delivery Van. That's a baller on a budget! ;-)

Have you ever seen people rock a 1ct. cubic-zirconia earring? That right there is a baller on a budget.

Have you ever seen a car with a front mount "interfooler" instead of an "intercooler"?

If you live on the "fringes" of Beverly Hills, and you still tell people you live in Beverly Hills, but it's really just normal Los Angeles -- guess what, you're a baller on a budget!
by Victor R. Reyes August 08, 2006
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a man who acts like he is a baller, but is broke. he no ball. he a broken man...help him
trey is so fake, acting like hes balling, that guys a baller-on-a-budget
by Licka my bAlls March 14, 2018
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A douchebag. Cross reference.
#douchebag
Hes such a baller-on-a-budget!! He told us that he had a great job in the city but he actually waits tables downtown? I mean, why lie? #baller-on-a-budget
by PJ06067 August 08, 2018
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