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 »

Starbucks has a pretty bad rap. Lately, there has been the news that the coffee giant is closing 600 stores. But even before Starbucks had these financial difficulties many people saw the chain as a sort of representation of all that was wrong with capitalism; it was the big, heartless chain store closing down locally-owned businesses.

Starbucks does make a point to open up stores next to already established mom and pop coffee shops and wants to be the exclusive coffee vendor in the area but according to Slate Magazine, Starbucks actually helps these locally-owned or small chain stores.

“Just over the five-year period from 2000 to 2005—long after Starbucks supposedly obliterated indie cafes—the number of mom and pops grew 40 percent, from 9,800 to nearly 14,000 coffeehouses”

Because Starbucks isn’t like a big box store that offers cheap products at cheap prices, it’s not really undermining the often more-affordable local coffee shops. Indeed, Starbucks coffee is notoriously expensive (A recent survey says that 76% of Americans think it’s too expensive), but people choosing to spend more for their caffeine fix at the local ‘Bux is not hurting the cheaper, local shops.

I was listening to NPR the other day and they mentioned something called the “Latte Factor”, which is basically taking all the money that you would spend on coffee and similar “unnecessary” things and spending it more wisely, or investing it. It makes sense; the math they did indicates that if you buy one coffee a day (which is a tad unrealistic) then you spend around $1500 a year supporting your coffee habit. That’s $1500 dollars that I could be putting towards my credit card debt or investing so I can have money to put a down payment on a house. Or so they said. Read More »

Ah, clothes, purses and sunglasses. Why do you torture me so?

While I do think it is a teeny-weeny-bit ridiculous that you are coming out in full autumn getup, you are, nonetheless, so freakin adorable.

Seeing your quilted leather handles or fur trimmed collar makes me want to pack away my mini-dresses and tanks and pray for a snow day.

But then I see your price tag and am forced back into reality — I can barely afford the final clearance summer rack let alone a new Marc Jacobs fall coat (which is really a shame because what a cute coat you are!).

However, there is hope my fellow penny-pinching college students of mine.

Thanks to Real Simple magazine, I have a few tips that will help you save up for that rainy day shopping spree.

• Buy Gas On Tuesdays: gas prices go up on weekends often because they want to take advantage of errand runners and weekend travelers. Read More »