[College kids are notorious for being poor. And why shouldn’t we be? We take out student loans to pay for private universities, can barely balance a part-time job with our full-time courseload, and the only “balance” we’re familiar with refers to the number of points left on our dining hall cards. Oh, did I mention many of us tend to splurge every extra penny on PBR’s at the campus bar?

Ok, before everyone gets up in arms about every generalization I just made, let me clarify: if you disagree with everything I just said, you probably don’t need this column. But if you’re nodding along because you’re officially an adult and still don’t know how to manage your money, then you might want to pay attention every week, because I’m going to (try to) get you through this, and make you a successful saver and a wise spender. Starving college students of the world, I bring you Money Matters: a Guide to Handling Your Income (or Lack Thereof).]

This week, I’d like to introduce you to a splendid gem called Free Student Checking. Now, normally, banks will hold your money for you, but they like to find sneaky ways to make a few bucks back themselves. Some checking accounts, for example, have a minimum balance that you always have to have in your account. If your balance goes below that minimum, you get a fine.

Yeah, that’s right. You have to PAY your BANK for being too poor to have any money in the account that consists entirely of your own money that you started out with in the first place. I understand credit card late fees– with credit, you’re spending money you don’t necessarily have– but a fine on your own money? That’s bullsh*t. Read More »

I’ve simply never been the best with saving money. While I do always pay my bills on time and never go hungry, I am still fundamentally pretty hedonistic and tend to ‘blow’ any extra money I’ve got on anything shiny, fun, or alcoholic.

Nonetheless, I’ve learned to actually save money in recent years. I’ve learned that there are things I do WANT (that cater to my hedonism) that require saved money. So, I’ve cut back on some things that used to completely drain my wallet and saved more than you can imagine. Here are 5 tips if you’d like to do the same:

REPLACE YOUR ENERGY DRINKS WITH COFFEE. FROM HOME.
I have a serious caffeine addiction. It’s not cute; it’s tormenting. The worst part is that I truly do prefer a sugar free Red Bull to a cup of coffee. But I’ve learned to cut back. At $2-$3 a can, my energy drinks can be shelved for the most *crucial* of days…which is not, contrary to my previous beliefs, every single day of the week. Now I brew my own iced coffee every morning and use a box of splenda to get over my sugar fears. It absolutely does the trick and I’ve saved at least $45 a month doing this. Read More »

Now that I’ve been in New York City for two weeks, I’ve had a chance to begin exploring this incredible place, but I’ve also taken quite a hard hit on my bank account. Being a broke college student, I have a very tight budget when it comes to personal luxuries, but I still want to enjoy what the city has to offer, from exotic dining to cultural sites.

As far as eating out goes, I’ll have to tighten my belt a little; I’ve already eaten in a few great places, but I’m keeping my eye on cheap places. Here are a few tips I’ve learned so far about living affordably in ANY city for the summer:

• Always look for a student rate at museums. The Met and other major museums will always have student rates, so bring your college ID; you’ll be able to enjoy a taste of culture at about half price.

• Cook for yourself. It’s great to try new places to eat, but you can’t eat out every day. Restaurants will be a serious blow to your finances, so if you have access to a kitchen, use it! Find your closest grocery store and stock up on easy-to-prepare foods like pasta. Liven up your meals by getting a recipe book and stocking up on fresh vegetables. Read More »

As if it wasn’t hard enough to weed out all the sketchies at the bar already, we now have something else to be suspicious of. His phone number.Well, not the actual number, but what he writes it on.

There’s no doubt in my mind that the creator of these Custom Fake Receipts must be some, graduated college in nine years Van-Wilder-type frat boy living off Daddy’s money ‘til he struck it rich thanks to the desperate-for-female-attention market he once was so proudly a part of. (You know those guys that will do absolutely anything to get in your pants?)

These counterfeit ATM slips have an agonizingly pathetic purpose. The gameplan? Mr. I-Used-Four-Bottles-of-Gel-to-Get-My-Hair-Like-This actually succeeds in buying some innocent girl enough drinks to get her nice and sloppy, and just when her beer goggles have set in just right, (he looks more like James Marsden than James Gandolfini all of a sudden) he whips out one of these slips. Read More »