"Journaling" refers to a process of recording redundant data that is specifically designed to expedite filesystem recovery. It is, literally, a "journal" of recently-performed operations.
"Quota checking" is unrelated to journaling, and, yes, it
can be expensive, because current resource-usage must generally be calculated (and,
re-calculated), to determine if the quota limit has been exceeded. I find it to be of limited usefulness.
Do not be tempted to turn off journaling. In my experience
(and, yes, I have some ... ), a filesystem is pragmatically un-recoverable without it.