[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 »

Madagascar 2 is expected to rock your socks off, starting this weekend.

Looking for your next love? Look no further, Marilyn Manson is now single! Lucky you!

Is anyone else sick of politics? There is more exciting press to come today.

Pygmy hippos are making a comeback. Well, trying anyway.

Here are some ideas on how to pinch pennies during these oh-so-hard times.

Does Oprah have a new man? What happened to Gayle?

It is SO fashionable to be eco-friendly. Rock it, girl!

Another alleged mobster is now behind bars, but at least now he looks great!

Even President Bush’s dog is pissing people off.

Yet another reported school shooting. So sad. When will the madness stop?

Have you heard? The economy is in a downward spiral! People are losing their homes, their jobs, and all of the money they’ve been saving forever! And here we are, a bunch of wide-eyed, “the world is our oyster” college kids who can’t wait to get out into the real world!

Oh yeah, and we are poor.

Between those student loans we are gonna have to pay back and the fact that we may not be able to get a job upon graduating, we gotta start eating canned goods saving now. So, how are our writers handling this economic situation (A.K.A. sh*tstorm)? Here are their tips for saving money and stretching a dollar. Read More »

You don’t have to be an extremist to be environmentally friendly. There are a bunch of little changes you can make in your life that will not only help you to be kind to this planet, but these things will also save you money in the end.

Saving money is good; it’s really good. In fact, if you help save the planet enough, you can destroy your body with all of the alcohol you’ll be able to suddenly afford.

• UTILIZE CAR POOLS. Why drive separately? Work out car pooling whenever you can. Gas is way too expensive these days not to.

• CLOTHING/HOME GOOD EXCHANGE PARTIES. Get your girls together and swap the clothes and other things you no longer use.

• DON’T BE AFRAID OF TAP WATER. Even though bottle water is sooo cool, your tap water might not be bad for you — contrary to popular beliefs. If you start drinking your tap water, you’ll save money and reduce your plastic waste.

• HANG DRY YOUR CLOTHING. Sure, it’s sort of a pain in the ass, but you can save all of those dryer quarters for something else. Like arcades. Which are awesome. Read More »