3. Never pay full price Indians practically never pay sticker price. Till date I’ve not been able to convince my mom that the sales clerk in the Nike store (in India) is not going to give her a discount. She always asks and what’s more, she gets it most of the time. She would also never buy something without comparing prices. I have memories of visiting a half dozen stores before she came back to the first one to buy what she wanted. Now that we have the Internet, it seems downright dumb to buy something without prior research. If I'm going to pay $100 for a new microwave, I'm damn well going to make sure that it is the best microwave that my money can buy. It amazes me that somebody has to write down this advice “know the actual value of your purchase before paying the price”. Not just that but many people have made entire careers based on dispensing such tidbits! 4. Interest should be earned, not paid Most people realize that there's a difference between savin...