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Google launches TipJar money-saving advice site

Google has created TipJar, a new website where people can share money-saving advice and vote on how useful they find the information. Advice is divided in to several categories, including at home, at work, travel, shopping and family.

So far, more than 4,879 people have submitted 3,730 tips. Users have cast more than 54,230 votes about the usefulness of tips. The voting system means that the most useful tips will get greater prominence on the site.

Among some of the tips shared so far this one is what I personally believe in (and follow too):

“Master the thirty day rule. Whenever you’re considering making an unnecessary purchase, wait thirty days and then ask yourself if you still want that item,” shared by The Simple Dollar.

TipJar is an example of generating ideas through “crowdsourcing”, said Google.

“Google believes that people working together can help one another through even the most difficult times, tapping collective minds to find answers on how to make small changes that save the pennies,” said a spokesman. “We’d like to put these beliefs in to practice. So go ahead: Take a tip. Share a tip. We’ll all be a little bit richer for it.”

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