diff --git a/app/components/admin/budgets/duration_component.rb b/app/components/admin/budgets/duration_component.rb
index 8af1a3ad0..3e7a80207 100644
--- a/app/components/admin/budgets/duration_component.rb
+++ b/app/components/admin/budgets/duration_component.rb
@@ -10,7 +10,7 @@ class Admin::Budgets::DurationComponent < ApplicationComponent
   end
 
   def duration
-    distance_of_time_in_words(durable.starts_at, durable.ends_at)
+    distance_of_time_in_words(durable.starts_at, durable.ends_at) if durable.starts_at && durable.ends_at
   end
 
   private
diff --git a/app/models/budget.rb b/app/models/budget.rb
index c667ada15..c685323f5 100644
--- a/app/models/budget.rb
+++ b/app/models/budget.rb
@@ -72,11 +72,11 @@ class Budget < ApplicationRecord
   end
 
   def starts_at
-    phases.published.first.starts_at
+    phases.published.first&.starts_at
   end
 
   def ends_at
-    phases.published.last.ends_at
+    phases.published.last&.ends_at
   end
 
   def description
diff --git a/spec/components/admin/budgets/duration_component_spec.rb b/spec/components/admin/budgets/duration_component_spec.rb
index 193d45e7c..fbbd51b73 100644
--- a/spec/components/admin/budgets/duration_component_spec.rb
+++ b/spec/components/admin/budgets/duration_component_spec.rb
@@ -43,6 +43,22 @@ describe Admin::Budgets::DurationComponent, type: :component do
 
       expect(page.text).to eq "about 1 year"
     end
+
+    it "is not defined when no end date is defined" do
+      durable = double(starts_at: Time.zone.local(2015, 8, 1, 12, 0, 0), ends_at: nil)
+
+      render Admin::Budgets::DurationComponent.new(durable).duration
+
+      expect(page.text).to be_empty
+    end
+
+    it "is not defined when no start date is defined" do
+      durable = double(starts_at: nil, ends_at: Time.zone.local(2016, 9, 30, 16, 30, 00))
+
+      render Admin::Budgets::DurationComponent.new(durable).duration
+
+      expect(page.text).to be_empty
+    end
   end
 
   attr_reader :content
@@ -52,6 +68,6 @@ describe Admin::Budgets::DurationComponent, type: :component do
   end
 
   def page
-    Capybara::Node::Simple.new(content)
+    Capybara::Node::Simple.new(content.to_s)
   end
 end
diff --git a/spec/components/admin/budgets/index_component_spec.rb b/spec/components/admin/budgets/index_component_spec.rb
index c6da3183a..c8e94ed6a 100644
--- a/spec/components/admin/budgets/index_component_spec.rb
+++ b/spec/components/admin/budgets/index_component_spec.rb
@@ -15,4 +15,13 @@ describe Admin::Budgets::IndexComponent, type: :component do
 
     expect(page.find("tr", text: "Not enabled phase")).to have_content "0/8"
   end
+
+  it "displays phase zero out of zero for budgets with no enabled phases" do
+    budget = create(:budget, name: "Without phases")
+    budget.phases.each { |phase| phase.update!(enabled: false) }
+
+    render_inline Admin::Budgets::IndexComponent.new(Budget.page(1))
+
+    expect(page.find("tr", text: "Without phases")).to have_content "0/0"
+  end
 end