Here is an article from NY Time on how college graduates can save money, which are common senses and are easy to follow, and I think they are very useful to all of us.
More Advice Graduates Don’t Want to Hear:
• Postpone buying high-tech products like PCs, digital cameras and high-definition TVs for as long as possible. And then buy after the selling season or buy older technology just as a new technology comes along.
• Never pay a real estate agent a 6 percent commission.
• Buy used things, except maybe used tires.
• Consolidate your cable, phone and Internet service to get the best deal.
• Lose weight. Carrying extra pounds costs tens of thousands of dollars over a lifetime.
• Do not use your home as a piggy bank if home prices are flat or going down or if interest rates are rising.
• Enroll in a 401(k) at work immediately.
• And, I’m sorry, I’m really serious about this last one: make your own coffee.
I agree to all 8 tips here. Also, I have two tips to add that can save much money:
1. Don’t buy anything that you don’t need. This may sound too simple and too easy, but it is a common sense that people don’t ask themselves when they go shopping. The result is that most people have too many unnecessary, little items accumulating in their houses (or more correctly their garages).
2. Bring your own lunch. This is similar to make your own coffee advice, but it will save you a lot of money. People buy coffee and lunch because it is easy and convenient, but the "instant-convenience" money one saves can really be put to use in the time of inconvenience later on in his/her life.
By following these tips, many will be surprised how much money will be added up by following these tips (if you haven’t already had the habit of save money). After all, saving money is really a habit, and all one needs to do is to change the bad to the good.
Be the manager of your money