Attack your student debt!
$37,000 is the average debt for the class of 2016, a record. Resist offers to consolidate student loans, however, unless the move will dramatically lower your interest payments. You’ll probably save more money by paying off the highest-rate loan first.
Eat more oatmeal!
16 cents: for a whole meal. Yes, in a rare instance when “healthy” and “cheap” intersect, it turns out that a Men’s Fitness–recommended breakfast, oatmeal, is also incredibly light on your budget. Credit.com pegged the cost at just 16 cents (including milk) if you buy your rolled oats in bulk.
Buy an old iPhone!
50% is the average discount on the subsidized cost of the previous-generation iPhone when the new one rolls out. Apple is expected to release the next- generation iPhone in September, so if you’d be happy with the 6s, that’s the month to get a deal.
Jack Otter is the author of Worth It…Not Worth It? Simple & Profitable Answers to Life’s Tough Financial Questions.