The most important of these is automatic savings. Open a savings account, and set up your checking account so that you automatically transfer a set amount each month into your savings account. You don't have to transfer much money _ start with whatever your budget can afford. But making this automatic (and then resisting the urge to spend the money impulsively) will get you on the road to long_term savings.
Why Is Budgeting Important? A budget a powerful tool because it allows you to determine how and where you want to spend your money. When you master budgeting, you make sure that every dollar is being used how you want it. If you have a budget, you can track your spending and determine if it is matching your priorities. Often when people start budgeting they are surprised to see how much money is going to things that are not important to them, like eating at fast food restaurants or paying for conveniences. Budgeting allows you to monitor your progress on goals and make sure you are sticking to your financial plan.