[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?

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.]

I’ve been writing a lot about how to manage your money in bank accounts and with credit and debit cards. That’s the tricky stuff. As poor students, we are good at finding bargains and at least trying to make our money go a long way. That said, it’s easy to fall into certain traps when what we think is a good “deal” comes our way…and we end up paying dearly. Here are some scams to avoid in order to really save some dough.

1. Gym Memberships.

Beware of whatever type of deal a gym is trying to pitch to finagle you into joining. Why? Because they are probably lying. Okay, I’m bitter about this one. I needed to join a new gym at home for a couple of months, so I signed up for free guest passes at all the gyms in my area so I could work out for free and not buy anything. Next thing I knew, a Bally’s rep was selling me a special offer: $25 a month for a membership that I could transfer anywhere. He told me that if I got back to school and didn’t want to make the trek to the nearest Bally’s, I could freeze my membership for $4 a month, and when i started using their clubs again, I could continue to pay the dirt cheap fee.

The reality? Only the first transfer would be free, so I’d be paying in the future for every new Bally’s I tried to switch to; the “freeze” thing didn’t exist, and I was forced to pay the monthly fee even though I wasn’t working out; I’m stuck in a year contract, and now I have an express hatred for Bally Total Fitness Clubs. Needless to say: gyms are definitely places to read the fine print. Read More »

Some call shopping a sport. And I agree. I mean, think about it. In order to get the job done right, one needs skill, technique, timing, and so much more. The only equipment you really need is a good, comfortable pair of shoes and a nice big purse (preferably with a fully-stuffed wallet and possibly a granola bar for some nourishment), and now there’s a new piece of equipment that’s going to make shopping a whole lot easier.

To get this new piece of shopping equipment, all you have to do is pull out your cell phone! No, not so you can chat it up with your friends as you bargain hunt, but so you can find the best deals on everything you’re shopping for. A new service called Pongr automatically tells you where you can get the best price on almost any item. Um, amazing?

According to the Pongr website, all you have to do is take a camera phone picture of the item you want (if it’s a book, CD, DVD, or video game) or type the UPC code or product description into a text message (if it’s clothing, shoes, electronics, or purses) and either e-mail your query to ping@pongr.com or text it to SHOPP. You’ll automatically get a text message back telling you where you can get the item for cheapest. If it’s online, you can purchase the item right from your phone and if it’s a brick and mortar store, Pongr will give you directions to the store. Read More »

As far back as I can remember, every day was a good day to shop. And I managed to purchase some pretty fabulous things 7 days a week (24 hours a day, thanks to the Internet). A recent article on Yahoo.com, however, has taught me that I was wrong.

Well, sorta wrong.

It seems that while any day of the week is a good day to bring home something new and delicious, certain items are better purchased on specific days.

Like hitting up the clothing stores on Thursday evenings when their shipments come in. Not only do stores kick off their weekend sales, but you also get the best selection of goodies.

Or saving your dining out experience for a Tuesday when the food deliveries come in, promising you some fresh fare (Apparently eating out on Sunday is a baaaad idea; that is like leftover night for restaurants.).

This article is chock full of great shopping tips for women on a budget. Or, simply, anyone who wants to get the most out of their shopping experiences. Read More »