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There is a very old and the most popular wordpress plugin for showing related posts at the bottom of every post and almost every wordpress powered site uses it. You can see at the bottom there are related links being shown 
It is a good way of retaining your visitors and giving them more options to browse your site. You can download the plugin from this page. This is the same plugin of W-a-s-a-b-i.com. The site has been moved though even now the older links point to that page. Even Google for the phrase "Related Links for wordpress" show the older page of Wasabi which gives 404 error.
Anyway I am using a similar plugin named Similar Posts which has been taken from the Related links (above) plugin itself. Both are pretty much same in features, its just that I was using similar posts from the start on this blog, so I felt to stick with it. It is your choice which one you want to use.
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