What does Warren Buffett suggest should be prioritized in personal finance management?

Warren Buffett emphasizes the importance of saving part of your money first before engaging in any spending. This principle highlights the value of prioritizing savings in personal finance management, encouraging individuals to set aside a predetermined portion of their income for savings and investments before they address their regular expenses. This approach fosters a disciplined financial habit, allowing for greater financial security and the capacity to pursue investment opportunities that can grow wealth over time. By saving first, individuals are more likely to resist the temptation of impulse purchases and to focus on long-term financial stability instead of living paycheck to paycheck. This method aligns with Buffett's philosophy of financial prudence and long-term wealth building, making it a foundational strategy in personal finance management.