What are the rules or principles of finance for saving and budgeting?

Basically what the header question asks.

What are the rules or principles of finance for saving and what are the rules or principles of finance for budgeting?

Thanks in advance

First rule is pay yourself first. You want at LEAST 10% of your take home pay to go into savings. Preferably 20%. Other than that, don’t put anything on a credit card that you can’t pay for in cash, pay off your FULL balance on your credit card every month (not just the minimum payment), and pay cash for everything you can, with the exception of maybe cars and a home. Don’t get suckered in to the need for immediate gratification. if you can’t afford something now, save up for it, don’t put it on credit.

Everything else goes from there, keep your monthly expenses down to a minimum and try to keep at least three months’ worth of expenses in your savings account. And remember that the little things add up. Movies, dinners out, and things like that really eat up your paycheck. Try to keep those to a minimum.

Also, I’d recommend getting into a high-yield checking account, like Schwab. Good luck!