Principle or principle means a moral or philosophical tenet by which we live--a code of conduct--
It's the principle of the thing.
Some people have no principles.
Principal or principal ( rhymes with principle ) means the chief or main person, or maybe thing--
He is the principal of an elementary school.
Principal may mean the unpaid balance of a loan, as distinguished from interest paid--
We have been paying on our mortgage for ten years, and the principal is nearly the same amount we originally borrowed.
Now that you know that, you can say--
"The principal of a school must run it on sound educational principles."
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