To save space, put shelves or a dresser behind your bed. It can also act as a headboard and make your bed look less boring. Initials on the walls and pretty lights around your bed are also really nice touches.
Old dresser without top drawers turned TV stand. (We actually have a dresser we use as a tv stand but I never thought to take the top drawers out and put the equipment there. I am going to try this one. Now I need an old dresser!