Watching Your Wallet: "Really, you shouldn't have"

Published on http://www.aggietownsquare.com on December 2, 2009.

It's Christmas time, and that means pretty soon we'll need to buy gifts for our moms, dads, siblings, friends, cousins, grandmas and dogs. Now I'm not complaining; in fact, I love giving a good, thoughtful gift. But gifts can become quite expensive around Christmas time, and as college students, we certainly don't have a whole lot of free cash lying around. So I thought I would discuss one low-cost (and often, no cost) option for gift giving this season: regifting.

When most people think of regifting, bad memories of used toasters and unwanted hairless Barbie dolls may come to mind, but regifting can be classy and tactful. After suppressing the Barbie thought, I realized I have actually had several regifted gifts I've very much appreciated and enjoyed.

For example, a few years ago, my uncle gave me his used Sony digital recorder for Christmas. At first I was a little disappointed (especially because he readily admitted he'd really like it), but once I started using it, I realized that it was absolutely invaluable. It works perfectly. I use it for every interview I hold and buying my own could have cost $50-100. A great example of when regifting is completely OK.

I wanted to learn more about proper regifting etiquette, and as I started doing a little Internet research, I was astounded at how much thought and effort has been put into discussing the issue. I had no idea it was such a hot topic. I came across dozens of articles about regifting etiquette and found that regifting even has its own Wikipedia page. In fact, according to Wikipedia, Dec. 18 is National Regifting Day in the United States. Now, whether that is truthful is really irrelevant; just think, a national holiday dedicated to a gifting practice. However, the best find from my research was a regifting Web site, www.regiftable.com, complete with a Guess the Regift game, regifting story contest, regifting tips and a regifting blog. Its motto? "Really, you shouldn't have." What class.

So, I decided to sift through these articles and Web sites and compile the best tips and tricks for regifting, so you can use the gift-giving option to your advantage while maintaining your dignity. Here's the dos and don'ts:

1. Do clean and rewrap.

All the articles and Web sites agreed that you must clean the gift and rewrap it. There's nothing worse than receiving a gift that still has the tag with your name on it or looks like it's been sitting in a dusty closet for five years.

2. Do keep track.

If you plan to regift an item, remember or write down who originally gave it to you. Wouldn't want to give cousin Joe the DVD he gave you for your birthday last year.

3. Do make it thoughtful.

Although we all do it, a person should never give a gift just to give a gift. Reserve regifting items for people who you think would actually enjoy and appreciate an item that you don't need or use. If it's broken, severely used or just downright awful, chuck it.

4. Don't tell the receiver.

When it comes to regifting, mum's the word. Don't tell the receiver he or she is receiving a second-hand gift that you don't need or want. Keep regifting a secret unless completely necessary.

5. Do have a sense of humor.

In appropriate situations, regifting can be used for humor. Giving junk can sometimes be quite enjoyable. If you think the receiver would find it funny, go for it.

6. Don't give used gift cards.

Don't give a $50 gift card that only has $34.72 left on it. Super, super tacky.

7. Don't give something you've owned for a while.

I've had a bad experience with this one. Surprising, I know. But friends and family actually remember your stuff. Don't give them things you've worn a few times or have sitting around your house, because they'll know and wonder why you grabbed it off your shelf on the way to their party.

With these tips, you're well on your way to successful regifting this Christmas season. But first, I want to hear from you. Is regifting tacky or OK? What good and bad regifting experiences have you had? Let me know and leave a comment below.

-karlie.brand@aggiemail.usu.edu

Watching Your Wallet: Health Insurance 101

Published on http://www.aggietownsquare.com on November 17, 2009.

Of all the nasty, big, scary, confusing and icky financial matters in this world, I think insurance may top the list. Perhaps it was simply the way I was raised and perceived insurance. My dad has owned and managed his own business for the past five years, and one of the most complicated implications of self-employment has been finding an insurance plan that will cover our family of eight. We like to consider ourselves healthy, contributing members to society, but health insurance companies don't seem to like the idea of past knee surgeries, heart inconsistencies, kidney stones and some stitches, broken bones and sprains here and there. Needless to say, I have many memories of my mom filling out long and detailed applications for different health insurance plans. Fortunately, we have been able to find a health insurance plan that fits our needs but has definitely been very expensive since it is not subsidized by a large company. I was curious what health care plans were available to students, and in a few years when I am no longer on my family's health insurance plan, what health insurance options I will have? So, I took a trip down to the Student Health and Wellness Center and talked with Jim Davis, the director of the center, about health insurance and how it concerns students.

Davis said according to surveys completed by the Student Health and Wellness Center, about 81 percent of students on campus are insured, either by their parents' plan, university plans, plans through their employers or from independent insurance providers, like Blue Cross Blue Shield, Altius or Etna. He said most USU students are still insured under their parents, but according to Utah law are emancipated from their parents' plan either when they marry or turn 26. After that, Davis said students have several options. But, before we outline the health care options, let's define some important insurance terms.

- premium: the payment for insurance- a flat rate paid annually, semi-annually or monthly regardless of the health services used.

- deductible: a fixed amount (in addition to the premium) one must pay before the insurance coverage begins.

- co-pay: a fixed amount or percentage (in addition to the premium) one must pay each time health care is accessed.

- co-insurance: a required percentage a person must pay after they meet the deductible.

Davis explained these additional costs serve as a deterrent so people don't use expensive venues like the ER when their concerns could be addressed at less expensive venues like the SHWC.

Now that those are understood (or not understood ...), let's move on to our health care options as students.

1. Go without health insurance. Davis said students who choose to go without health insurance do so simply hoping they don't get ill or injured, and if they do, that it will be minor or will have assistance from someone to pay the cost. The upside? It's very cheap. The downside? Besides the services offered at the Student Health and Wellness Center and necessary stabilization in the ER if necessary, they will not have access to health care services for major injuries and illnesses, and when accidents happen they will have to cover the costs themselves. Financially, going without insurance can be completely devastating. One slip, one car accident, one major illness could send you thousands of dollars in debt. When I asked Davis if he had any horror stories about students without insurance he said, "I have horror stories every day." Going without insurance is certainly something Davis said he would not recommend.

2. Pay for the University Student Health Plan. The university offers health plans to students, their spouses and children. Davis said the plan is heavy on the ability to cover catastrophes and weak on prevention because students and their families have access to the Student Health and Wellness Center for minor medical needs and preventative services. For a single student to receive health insurance for one year, Davis said the premium is about $1,700. If both spouses are students they can both receive the plan for $1,700 each (a total of $3,400). To add a spouse who is not a student it costs around an additional $3,000, and to add children it costs $1,200 per child or up to all children for about $3,000. So, for example, let's say we have a student, his/her spouse who is not a student and their child who would like health insurance. The total would be about $5,900 per year. On the surface, that isn't cheap. However, with closer examination of the student plan, Davis said it is very comprehensive and covers pregnancy and obstetrics, something most independent insurance companies don't do without an additional $5,000 cost per year.

3. Choose an off-campus private health care provider. If want health insurance but aren't covered by an employer and don't want a student plan, your only other option is a private health care provider. Davis said these plans can get pretty pricey. It also could be difficult to find a company that covers you if you have a hairy medical history because of the concept of underwriting, or denial of insurance based on previous injuries or health conditions. This is why finding a plan that covered my family was so difficult; the companies didn't want to cover us if previous health conditions could return for costly health bills in the future. Another downside to private health insurance is that most don't cover pregnancy and obstetrics without adding $5,000 to the premium each year.

So to have insurance or to not have insurance? It is certainly expensive, but isn't it worth it for the security? It's not necessarily an easy decision, especially for a college student barely making it after tuition and housing payments are due. But Davis made an important point about students rationalizing going without health care.

"To the generic student I ask why would you ever come here not having a place to live, why would you ever come here planning to starve with no food, why would you ever come here planning to be cold with no clothing? If the answer is, ‘Well I wouldn’t, then why would you ever come here planning not to have health care?"

Davis said overall, the university student plan is a great option for students looking for a comprehensive and reasonably priced insurance plan. Davis reminded that although the plan and health care in general may be expensive, the reason for the high cost is because our high expectation of quality. Davis pointed out that many students don't mind driving old beater cars, wearing second-hand clothing or living in run-down apartments, but they do expect the very best health care and with that often comes a high price.

So what are your thoughts on health care? Is it worth it for the security and peace of mind or is it a waste of money? If you are no longer on your parents' health care plan, how do you cover health care costs? Comment below and let me know what you think.

Bargain of the Week: Use the "Aggie Buck," a coupon insert in The Utah Statesman, to receive $2 to $3 off places like Tummi Yummi's, Pita Pit, Indian Oven, the Fun Park and others.

Each week I'll be sharing a tip or bargain of the week – ways to save money or make the most out of it. Got an idea or heard about a discount? Please comment below or send me an e-mail.

Karlie Brand is a junior in public relations. "Watching Your Wallet" will appear online each Wednesday. Questions or comments can be sent to karlie.brand@aggiemail.usu.edu

Watching Your Wallet: Shopping, just for the fun of it

Published on http://www.aggietownsquare.com on November 11, 2009.

On Monday morning I had the pleasure of receiving a root canal. After way too many tools being shoved in my mouth, a numb face, pent up anger from the ridiculously high bill and dry and cracking lips (as always happens when one stretches their mouth as wide as possible for an hour and a half), I was in need of some relief. While some may turn to a slurpee, their moms or even a nap for comfort, I turned to the place that is guaranteed to ease pain, sorrow and boredom. Ross. Beautiful, wonderful (often medicinal) discount shopping. I am a Ross addict. The neon orange tags indicating reduced prices and shelves of discounted clothes, shoes, gloves, hats, purses, home decorating items and random junk bring joy and peace into a troubled heart. Perfection in frugality cannot always be expected and "recreational shopping" at Ross is certainly my weakness. When I'm bored or need something to keep my mind off school or work, a little trip to Ross does the trick. And although I usually go just to peruse the discount items, it is almost inevitable that I will come home with my wallet a little lighter and some great "undeniable" deal. The cheap stuff is the shiny bait, and I am the dumb little guppy. I can't say no to a $20 pair of Asics (suggested retail: $65) or a $7 skirt (suggested retail: $30), both recent Ross purchases. I didn't need a new skirt or a pair of shoes, but how could I leave them on the shelves with such a tempting price tag? So, unfortunately, for me the only cure for recreational shopping is simply not going. Until I learn more self control and am able to better distinguish needs and wants, it will have to be strict abstinence from recreational shopping when I don't want to spend any money.

So when does shopping become recreational and why is it enjoyable? For me, I like seeing the latest and greatest seasonal fashions and designs and sifting through the designer bags and jackets and jeans at what seems like ridiculously reduced prices. For many, stores like Ross and TJMaxx are stressful. The rows and rows of unorganized merchandise are obnoxious but, for me, walking into a discount store is as exciting as trying to find a diamond in a pile of rocks. The digging can be tedious but after a little bit of work, you almost always find a treasure that is most wonderful and quite fun to brag about to your friends (like the dress I bought this summer for $10).
But what about for the guys? Surely most men are not tantalized by a steal of a deal on dress shoes or a nice half-zip sweater, but they can't be completely free of the leisure shopping bug. Then a small store came to mind ... Okay, a monstrosity of a store – Cabela's. This is not the place for a quick stop to pick up the necessities – it is an outdoor enthusiast's heaven. Cablela's has turned a simple shopping experience into a tourist attraction. You could fill an entire day by perusing the entire store of hunting, fishing and outdoor merchandise, taking a lunch break at the store restaurant and examining the taxidermy displays and fish tanks. Want to extend your stay?Cabela's Web site even provides information about local lodging to make it a multiday event. Talk about recreational shopping and needs vs. wants. One can't help but buy a little bit too much when items are displayed like pieces of a grand museum.
My conclusion after pondering recreational shopping? Simply be careful. Unless you are prepared for the consequences (a drained wallet), steer clear of using shopping as a way to fill time or relieve stress. But, when I can spare a few bucks, Ross will continue to be a wonderful recreational option for a free afternoon.
-karlie.brand@aggiemail.usu.edu

Watching Your Wallet: Earn by giving

Published on http://www.aggietownsquare.com on November 4, 2009.

I can't handle those pre-Halloween Thanksgiving/Christmas celebrators. Nothing drives me crazier than Christmas songs on the radio on Halloween night or Christmas specials and sales alongside costumes and bags of candy. Halloween owns October, Thanksgiving belongs in November and Christmas is reserved for December. But as soon as Halloween is over and the candy corn is gone (and I do love candy corn), I can't help but join those early celebrators. As much as I dread the snow and cold, it's almost as if my brain can sense the joys of Thanksgiving and Christmas around the corner and I get excited. There is such a feeling that the holidays carry and, as cheesy as it sounds, people do seem kinder, happier, more grateful and more giving during the Thanksgiving and Christmas holidays. Many people blame greedy businesses for the holidays being celebrated earlier and earlier, and although I somewhat agree, I think it's also because people look forward to the annual celebration of peace, good will and giving. After a long year of work, school, a down economy, natural disasters and global discord and poverty, I think most see the holiday season as a time to show gratitude for what is going well in their lives and give back to those who are in need. No matter what your religious beliefs are, I think everyone can celebrate and enjoy the holiday season.

A huge part of the holidays is giving back to the community and those in need. At this point, you're probably wondering what this all has to do with "watching your wallet" and financial success. Interestingly enough, there is a connection.
Winston Churchill said, "We make a living by what we earn. We make a life by what we give."
Oh boy, so turns out money isn't everything. Shocker. David Bach, the author of "Automatic Millionaire," made an interesting point about wealth. He said he believes we pursue wealth not for the things money brings us but the feeling those things inspire in us. We want the nice car and house to feel successful and happy. We want a healthy sum in our bank account to feel a sense of accomplishment and security. Although he obviously encourages the acclimation of wealth (he did write a book called "Automatic Millionaire"), he said we can attain these same feelings through giving. Giving our time and means just makes us feel good. It really doesn't make sense but it works, and it is a genuine happiness that you really can't get from a new pair of shoes or a fat check.

There's plenty you can to do to give back this holiday season, and you are probably aware of the options. Donate to the bell-ringer at Wal-Mart. Give a child a Christmas by donating to Sub for Santa (visit http://www.subforsanta.org/ for more information). Nearly every organization on campus has fundraisers and service opportunities to either give your time or means during Christmas. ASUSU sponsors Stuff A Bus, a program to collect and donate food to the Cache Community Food Pantry. Each Monday and Tuesday night in November, student and community volunteers are invited to meet at the Romney Stadium parking lot at 6 p.m. to ride Aggie Shuttles around the community, knock on doors and ask people to donate nonperishable foods. In addition, students will be stationed at grocery stores and Wal-Mart on Black Friday to collect food and Sub for Santa donations. At the end of November, ASUSU will also sponsor "Penny Wars," a competition between colleges and university groups to raise money for Sub for Santa.

I challenge you to open your wallets and give a little more than you may have in the past. Keep your eyes open for opportunities to give back to the community and help those in need this Thanksgiving and Christmas holidays.

-karlie.brand@aggiemail.usu.edu

Watching Your Wallet: The return of layaway

Published on http://www.aggietownsquare.com October 27, 2009.

In the days of the Great Depression, if people wanted something they saved their pennies and Christmas money from grandma and after months of yearning and careful savings, were finally able to buy that precious doll, bike or dress. Another option was to put items on layaway, "reserving" the item for about 10-20 percent of the original cost and making interest-free payments and receiving the item when it was completely paid off. But then a magic piece of plastic called a credit card (first called a diner's card) rolled around in about 1950 and just about anything could be purchased instantly on credit, with a little bit of interest. Why penny pinch or wait to buy something when it could be yours right away? Over the years, the infrequent occurrence of buying what you couldn't afford on credit has turned into an addiction to swiping the Visa daily.

However, as jobs are being lost, budgets are being cut and the economy has been sliding like a freshman walking down Old Main Hill in a snowstorm, it seems that people are trying to get out of debt and return to only purchasing things they can afford (or so we hope). As they try to pull out of credit-card debt, many people are going without, but an increased number of shoppers are returning to the old adage of layaway.

According to an article printed in The Standard Examiner in August 2009, layaway has become increasingly popular as people have been "shut off" from their credit cards. Tom Aiello, a spokesperson for K-mart, said a record number of shoppers were relying on layaway as means of purchasing their kid's back-to-school supplies. This was surprising because in recent years, K-mart's layaway program was really only utilized for Christmas shopping. Customers were setting aside seemingly small purchases like calculators and backpacks on layaway, confirming that people had limited budgets and spending power. The article concludes by predicting this Christmas season to be a record-setting layaway season.

So what about layaway in Logan, and how layaway can be helpful for students? I talked with Michael Bierwag, manager of Kings Discount Store in Logan. Bierwag said Kings has been offering layaway for many years but has seen an increase since Wal-Mart did away with the program a few years ago and an even larger increase as the economy has worsened.

"People don't want to give up shopping, so they do some advanced planning and do layaway," Bierwag said.

Bierwag said Kings' layaway plan requires a 10 percent down payment and a minimum 10 percent monthly payment. Bierwag said customers typically bring the interest-free payment in each month and receive their item after full payment. If the payment isn't made or a layaway cancellation is made, a $2 restock fee is charged.

Bierwag said the layaway program is most often used by parents and grandparents purchasing toys for Christmas or birthdays but that in this economy he would recommend it to anyone.

"You can have the things you want without going in to debt," he said. "I would strongly recommend it."

After talking with Bierwag and reading more about layaway, I considered times I could use layaway as a student. It certainly seems helpful (and much better than going into credit-card debt) but would require advanced planning for gifts or large purchases and diligence in making monthly payments. And, as far as I am aware, K-mart is the only other retail store in Logan that offers a layaway program. Are you aware of any other layaway programs in Logan? What experience do you have using layaway? Would you recommend it to others? Comment below. I'd love to hear your input.

Sources: http://www.sltrib.com/business/ci_13194749#at

-karlie.brand@aggiemail.usu.edu

Watching Your Wallet: Saving money

Published on http://www.aggietownsquare.com on October 21, 2009.

"How I turned $1,000 into $5 million," "Get rich playing games," "Rich Woman," "Life sucks, get rich" and "How to make money for dummies" are just a handful of the "get rich quick" titles I found while looking for finance books online. With shiny gold covers, flashy text and mounds of green bills stacked in the background, one thing is certain: these books are a load of crap. I'm not very old, and I haven't experienced much in my life, but I know that money doesn't come that easy. When I enrolled in family finance this semester, the teacher instructed us that we would need to purchase and read "The Automatic Millionaire." I quickly categorized the book with the rest of the above mentioned list. I distrusted the book even more when I saw the little gold sticker on the cover that read, "Do it once, the rest is AUTOMATIC!" Why on earth was a university professor requiring us to read such balony? I would soon find out.

Turns out, the book was quite interesting. Not only did I enjoy reading it, it actually gave legitimate and plausible financial advice and made me want to do something about my financial situation. The basis of the book, by David Bach, is that regardless of your self-control, budgeting skills, paycheck or financial circumstances you can be become a millionaire automatically. Yes, it sounds like another gimmick, but Bach makes some convincing points that his system can make anyone a millionaire. I don't want to give it all away (because aren't these financial books all about suspense!?), but here are a few important things I learned from the book that anyone can apply right now.

1. The way to wealth is not get-rich-quick schemes and risky investments. Financial success is the result of slow and consistent savings: the sooner begun, the better.

2. Budgeting doesn't work. Unexpected expenses come up and people don't stick to the planning and self-control a budget requires. The solution? "Paying yourself first." A concept people have heard since they first received allowances in elementary school but that most don't practice. Doesn't it make sense? You pay the government, you pay the bills, you pay for groceries, gas and clothing, why not actually pay yourself?

3. The key to making "paying yourself first" a success is making it automatic. If contributing regularly to savings isn't made automatic it falls through the cracks just like budgeting. So, Bach recommends somehow automating saving money, just like taxes or auto-bill pay. I was unaware, but many employers make it possible to automatically take money from your paycheck and directly deposit it into a savings account (good) or a retirement fund (better). Bach recommends starting small (saving 4-5 percent of your monthly paycheck) and slowly increasing the percentage saved. The best part is that once you tell automate the process, it happens every month without you even thinking (hence the "automatic"). You don't consciously have to write a check or transfer money into a savings account, your bank or employer does it for you automatically.

4. It doesn't take a huge paycheck to be wealthy. The book tells of a couple who made about $45,000 per year, paid themselves first and made it automatic. Most of their adult lives they were saving 15-20 percent of their paycheck. The couple retired at the age of 50 with their home paid off and approximately $2 million in savings, retirement funds and assets. Sounds like a hoax, right? Wrong (at least, if we can trust Bach).

5. Discover your "Latte Factor:" candy bars, a drink from the Quickstop, Starbuck lattes, a taco from the Hub or a bag of Swedish Fish. What are the little things you spend money on every day that you could cut back on? Yes, Bach pulls the "if you saved the $3 you spent everyday on lattes and put it in a retirement fund you could be a millionaire" card, but he backs it up with some convincing evidence of it working. Go without the $3 pizza in The Hub and pack a sandwich, or forgo the $4 latte and make your own. With the money saved, begin and contribute to your automatic savings program.

6. Make sure credit cards are working for you (not the other way around). Credit cards are useful but not when you stack a balance with 14-percent interest. Pay off your credit card every month. People in debt never become millionaires.

These are simply snippets from the book that I found helpful and applicable to anyone's financial situation. Did it spark your interest? My shameless plug for "The Automatic Millionaire" worked. This book is a fast read that will motivate you to take charge of the direction your finances are going. Does it sound cheesy? Yes. Fake? Maybe. But I guarantee that you'll learn at least a thing or two that you can apply to be headed down the path of a millionaire.

-karlie.brand@aggiemail.usu.edu

Watching Your Wallet: Buying a car

Published on http://www.aggietownsquare.com on October 17, 2009.

Oh, having your own car. The ultimate in transportation convenience and comfort. For those of you whose parents bought you a nice, new car at 16, lucky you. But please be aware that's not real life.

Through high school, my parents let me use our third "run-around" car, but they were very clear that if I wanted my own transportation after high school it would be out of my own pocket. With a savings account not even prepped for the pinch of tuition and housing, I found that buying a car to be a mobile and independent college freshman wasn't going to be possible. So, I ventured up to Utah State without a car my freshman year, which isn't terribly unusual for a freshman. In fact, it really wasn't that bad (but maybe for my roommates who constantly had to haul me around).

After working for another summer following my freshman year, I didn't have quite enough saved to buy a car, but I decided I needed some form of transportation. So, in a moment of boldness, I bought a shiny blue Yamaha Vino scooter and zipped (or putted) up to campus my first semester as a freshman. It was certainly fun during summer and into September (the minimal gas cost and convenience cannot be beat) but when November hit my hands and face were permanently frozen due to exposure from the whipping wind. A scooter isn't exactly the most practical form of transportation in a climate where winter lasts six months, so after a year of joys and freeze-outs, I sold my little scooter.

After another summer of hard work, I determined the time had come to be mobile: I was going to buy a car. Where to start? Buying a car still seemed like one of those impossible grown up things with mysterious paperwork and steps that no one could quite understand. Not to mention I didn't know much about how a car worked and what made a good one. After lots and lots of research, hunting on KSL, test drives, asking for advice from parents, siblings, friends, car salesmen and ultimately lots of patience, I bought a 1997 Toyota Camry. Yeah, it's a bit old sounding, and it's certainly not a beautiful new Audi (sigh ... ), but it's reliable, has low miles, was decently priced and should last forever. I did it. I bought a car all by myself. And I'll tell you, there's a few hoops to jump through but with the right guidance and a little help, anyone can do it. I thought I'd compile six steps to purchasing a car (with a little help from the "major purchases" lecture in my family finance class).

1. Find a friend: Find a partner in your car hunt, someone who knows a thing or two about cars. For me, it was my brother and Dad. Both of them had experience buying cars, working with sellers and had a basic understanding of how cars work and what to watch out for. It was nice to have someone with that knowledge to come along for test drives and help me not feel like I was being pushed around or pressured by sellers.

2. Do some research: Starting from square one can be difficult but begin with some basic research. Begin with a handful of cars you like and start researching online, in magazines like Consumer Reports and ask around for advice or opinions. Use family and friends who own the cars or know about them as resources.

3. If you are buying used (as I did) keep a constant watch on classifieds online. Looking at the updated classifieds on www.KSL.com and www.Craigslist.com was the first thing I did when I woke up, what I did on my lunch break, when I had free time and before I went to bed. It was hard to be patient after a month and a half of eating, sleeping and breathing KSL.com, but it paid off when I finally found the car I was looking for.

4. Test drive, test drive, test drive: After looking at literally hundreds of classifieds and driving all over the Salt Lake valley for test drives, I found it amazing how much sellers DON'T mention in their ads. Like how the entire back bumper is dented in or the locks are broken or the front bumper looks like someone took a power sander to it or the lights are broken and duck taped or that the check-engine light has been coming on and off for weeks or that the car smells like moldy bread (all of which I encountered on my hunt for a car). These problems would have gone undiscovered if I hadn't test driven the cars. While test driving a car, don't be afraid to drill the seller with questions. Ask them how long they've owned the car, what problems they've had with it, if it's ever been in any accidents, when the tires were last replaced, how many owners it's had, what they've liked about the car, if it's ever been broken in to, why they're selling it, etc. The more you dig up now, the less you'll be surprised with when you take it home. And the less surprises, the better. Test driving lots of cars can help you know for sure when you've found "the one." I have seen everything from good to terrible, so when I found a great car I knew it.

5. Take to a trusted mechanic: You've taken the car for a drive, drilled the seller with questions and fully inspected the car with your partner in the hunt and think you've found the keeper? Take the car to a trusted mechanic for an inspection. Inspections typically cost between $25-50 and are helpful because they will make you aware of any problems the car may have. If there aren't any major problems, great. Your car hunt may be over. If there are problems, you will need to decide whether they are repairable issues that won't cause further problems or if it's back to the hunt. Here's where having a friend who knows about cars and hiring a trusted mechanic comes in handy they can help you make these kinds of decisions.

6. Mull it over: So you've test driven it and taken it to a mechanic. Everything is getting the green light and your giddy with the thought of KSL.com not consuming your free time but don't buy it right away. Let the seller know you're very interested and would like some time to think about it. Go home and think it over; look over your other contending options, talk it through with your friends or family and make a decision. If you still feel good about it the next day, make the purchase.

Coming from a girl clueless about cars, turns out it isn't as scary or as overwhelming as it may seem. With patience and a little help, it can be an enjoyable hunt finding a treasure certainly worth the trouble. Owning my own car has been incredibly convenient and allowed for flexibility in my busy schedule. Have any suggestions that you think finding and buying a car a little easier? Let me know. Leave a comment below.

-karlie.brand@aggiemail.usu.edu

Watching Your Wallet: Saving Money? There's an app for that

Published on http://www.aggietownsquare.com on October 7, 2009.

You really can't deny it. Whether you use your Dad's 10-year-old work laptop or have a shiny new Macbook Pro, almost everyone can agree that Apple is just down right cool. Yes, I'm probably a bit biased, but you really can't help but drool over the sleek and simple designs, striking color schemes and incredible top-of-the-line technology. You really can't top a Mac. Windows, Dell, HP, Gateway, they might be good computers, but they just don't have that "cool" factor Mac has. In fact, I'd almost compare Windows to a frumpy, chubby business man and Apple to a hip guy in his mid '20s. Windows man is certainly functional and professional, in his 10-year-old suit and wide rimmed glasses, but Apple man is sleek, modern and comfortable. I think I could be friends with Apple man. He's got a sense of humor, and it seems like he even wants to help make my life a little easier. Hmm ... This would make a good Apple ad. Heck, I could work for Apple's marketing team with these ideas.
All right, enough with the dumb jokes (in case you're confused, check out Apple's TV ads at www.apple.com). One of the amazing technologies Apple offers is applications for the iPhone and iPod touch (you know, the "there's an app for that" ads). "Apps" are purchased on iTunes, downloaded onto an iPhone or iPod touch and used to make life a little more fun, easy or interesting. There really is an app for everything. For just a few dollars (or for free, many cost nothing) you can buy an app to help you track weightloss (Weightbot), read a Shakespeare play (Shakespeare), tune an instrument (Cleartune), check surfing conditions (Surf Report), set the DVR (DirectTV), go fishing (Flick Fishing), create anatomy flashcards (Netter's Anatomy Flash Cards) and the list goes on and on. According to Apple CEO Steve Jobs, there were 50,000 available apps in June of this year. And yes, some are less than useful Apps (digital fishing? come on), but there are thousands that can make life a little easier or more enjoyable, including apps to help you save and manage your money. I looked through the app store on iTunes and picked out a few I thought would be useful for a college student to help manage and handle finances.

1. BillTracker (99 cents): Being late on a bill is one of the worst things you can do to your credit score. This app helps you manage and schedule all your bill due dates, account and amount information, account history information and gives you a reminder for when the bill is due.

2. Tip Calculator Top (99 cents): This app calculates a tip based on what percentage you'd like to pay. It also easily splits the tip for multiple bills.

3. ATM Hunter (free): No need to enter your address or location. The ATM Hunter is location aware and automatically finds the closest ATM to where you are. You can make the search more specific to find your bank's ATM, surcharge free ATMs, drive-through, 24-hour service and wheelchair accessible. The app then gives you directions to the nearest ATM.

4. Owed (99 cents): This App helps you keep track of items you've borrowed and money you owe.

5. Save Benjis (99 cents): Out shopping and find something you'd like to buy? Want to know if you can find it cheaper somewhere else? Save Benji's allows you to comparison shop to see if any stores or online source carry the item for cheaper (perhaps textbooks?). A similar price comparison app "Compare Me" ($1.99) allows you to compare items that come in different sizes, measurements or packs to find the best deal.

6. Debt Freedom ($1.99): This app automatically sort debts by balance or interest rate to become debt free as soon as possible.

7. Balance (free or Checkbook for $1.99): Avoid overdraft charges with this app – designed to replace a paper checkbook. Just enter your charges and it keeps track of an account balance for you.

8. IXpenseIt ($4.99 or the Lite version for free): This app allows you to access, update, track and view reports of your budget anytime, anywhere.

9. Mobile Banking (usually free): Many banks offer free mobile banking apps, including Bank of America, Citibank, Chase, U.S. Bank and SunTrust Bank.

10. CostCutter (free): This app allows you to see how much money you could save by cutting items out of your spending for weeks, months or years.

11. Gas Buddy ($2.99 – this one is my favorite): Wish you knew where the cheapest gas in town was? Gas Buddy helps you locate and then gives you directions and estimated travel time to the nearest and least expensive gas station.

These are only a handful of the hundreds of apps that can help you save or manage your money. Some of them I could definitely see myself using, and others could be helpful but probably aren't worth the 99 cents. What apps have you used or heard about that could help save money or make managing finances easier and more convenient? Share your comments below.

Sources: http://brainstormtech.blogs.fortune.cnn.com/2009/06/10/apple-fact-check-50000-iphone-apps/, iTunes, http://www.earnaccountingdegree.com/blog/2009/isave-50-iphone-apps-to-help-you-save-money/

Tip of the Week: Until Oct. 20, Tanger Outlet Center in Park City is selling $1 Pink Cards to receive 25 percent off an item at participating outlet stores. Proceeds from the Pink Cards go to the America Cancer Society. Now in its 16th year, Tanger has donated a total of $6.1 million to the cause.

Each week I'll be sharing a tip or bargain of the week- ways to save money or make the most out of it. Got an idea or heard about a discount? Please comment below or send me an e-mail.

Karlie Brand is a junior in public relations. "Watching Your Wallet" will appear online each Wednesday. Questions or comments can be sent to karlie.brand@aggiemail.usu.edu

Watching Your Wallet: Shoplifting in Logan

Published on http://www.aggietownsquare.com on September 30, 2009

A man walked into a gas station in Lousiana, put $20 on the counter and asked for change. The man pulled a gun out when the clerk opened the cash drawer and demanded the employee give him all the money in the till. The clerk quickly gave the man the cash and the thief booked it out the door, leaving the $20 on the counter. How much money did the clerk give him from the till? $15 (http://www.tealdragon.net/humor/true/crooks.htm).

A 21-year-old man from Detroit, Mich., approached two police officers who were showing their felon-location equipment to children. When the man asked how it worked, the officer asked for identification and the man gave him his drivers license. The officer entered the license into the computer and moments later the man was arrested because the location equipment identified the man as wanted for an armed robbery in Missouri (http://www.funlol.com/659/Top_10_Dumb_Criminals).

And my favorite dumb criminal story? In Seattle, Wash., a man trying to siphon gasoline out of a motorhome ended up with a whole lot of crap instead (literally). Instead of plugging the hose into the gasoline tank, he hooked it up to the sewage tank. The police found the man ill, curled up next to the motor home and spilled sewage. The owner of the motorhome didn't press charges, saying it was the best laugh he'd ever had (http://www.jnweb.com/funny/criminals.html).

True or not, who cares. These stories gave me quite a laugh. Although they're not a great transition or introduction, this week we're all about retail theft (which is certainly related to criminal behavior) and whether or not it has been on the rise as the economy has downturned, particularly over the past two years.

According to an article in The Salt Lake Tribune ("Economy chief suspect in spread of shoplifting") in June, a survey of America's largest retailers reports 61 percent are seeing an increase in amateur shoplifting. The Tribune article specifically examined retail theft in St. George, Taylorsville and West Valley City over the past eight years. The results are actually quite telling: in 2007, St. George, Taylorsville and West Valley City saw 331, 595 and 1,231 shoplifting arrests, respectively. However, in 2008, they saw a jump to 403, 683 and 1,495; nearly a 16 percent average increase in retail theft in each city.

The article points out an interesting trend in the increase of theft: instead of stealing larger, more expensive items that could resell for a high price, people are stealing the necessities like food, clothes and toiletries. Although police say few of the thieves caught will tell that the loss of a job or financial troubles led to shoplifting. Lt. Mark Brklacich with the St. George Police wonders if those accused are simply embarrassed. Another interesting trend is that those shoplifting may not be in great need but may have impulses to steal because of anxiety about the economy. Although this isn't proven, Catherine Cleveland, a lawyer in Salt Lake who represents defendants accused of shoplifting, said most of her clients are moms between the ages of 30 and 50 who steal things on impulse, perhaps due to stress from the economy.

But what about Logan? According to the CQ Press 2008-2009 City Crime Rankings, Logan is at the top of the list for lowest crime rate among U.S. Metropolitan areas (http://os.cqpress.com/citycrime/CQPress_CityCrime2008_PressRelease.pdf). Could retail shoplifting in Logan be affected by the economy? Certainly.

Lt. Rod Peterson, who has worked for the Logan City Police Department for 21 years, said from September 2007-2009 there were 420 arrests for shoplifting. From September 2005-2007 there were 333 arrests -- so about 110 less two years ago. When asked if that was directly related to the economy, Peterson said police didn't know for sure but that one might think it could be economy driven. However, Peterson did mention more and more retail stores in Logan have been cracking down on retail theft over the past few years, which also may contribute to the higher numbers.

"More and more retail stores are focusing on (retail theft), and they are taking more of a zero tolerance for the offense and it certainly increases the odds of getting caught," Peterson said. "I believe they're starting to pay more attention to it than in the past and that could be another thing."

What about punishments for shoplifting in Logan? Peterson said it's up to the judge and depends on the circumstances. If the person has had multiple offenses the punishment will be more severe. However, Peterson said he warns of the punishments of shoplifting beyond what the judge can give.

"(Having retail theft on your record) can make it difficult to get a job. When people run your criminal history and see that you've been arrested for shoplifting or any other theft it can make it difficult for you to secure employment in some places," he said.

Interestingly enough, Logan's Shopko was number one on the list of the most retail theft arrests, with Smith's Food King coming in second for the past four years.

And if you witness retail theft? Peterson said to contact the nearest clerk immediately.

-karlie.brand@aggiemail.usu.edu

Watching Your Wallet: Savory Savings in Logan

Published on http://www.aggietownsquare.com on September 22, 2009.

Mmm. Eating out. Who doesn't love a juicy, savory burger after a rough morning of classes or a fancy Friday night dinner after a long week. Unfortunately for me, the guilt starts kicking in as soon as I hand my credit card over to the cashier or server. Eating out is expensive! Even eating at a fast food restaurant can take a big bite out of a college student's food budget. My frugal upbringing starts kicking in as soon as I realize how cheap I could make a peanut butter and jelly sandwich instead of buying a taco or burger at The Hub on campus. It's just the way I was raised. We rarely stopped at a fast-food restaurant on the way home from doing something as a family. We'd keep driving all the way home to have spaghetti or a box of macaroni and cheese. My parents just saw it as an easy way to save money. It's outrageous how much the average American family spends eating out. According to www.ehow.com, it's $2,211. That's as much as a semester on tuition, more than twice as much as my car payment every year, 74 pairs of $30 shoes, 15 iPod touches or about as much as a non-stop flight to Venice, Italy. Bottom line, it's a lot of money. Think of what you could be buying by not eating out.

But let's be realistic here. I mean, even I give in every once and a while to the Club Pita at Pita Pit or a Chicken Cordon Bleu sandwich at Firehouse – a couple of my guilty favorites. But, with a little preparation and awareness, people, especially students, can easily save money on their dining ticket in establishments throughout Logan. After calling a list of more than 40 restaurants around Logan I've identified a few of the best deals and discounts for students. Here they are:

1. Angie's takes the cake – or rather, the sink – with student discounts: 20 percent off entire purchase anytime with a USU student card. Plus, there is a coupon in the Campus Cash book for buy one get one half off.

2. Firehouse is quite kind to students as well: 10 percent off entire purchase everyday and 20-percent off on Thursdays by showing a USU student card. Also, in the Campus Cash coupon book there is a coupon for 20 percent your entire meal anytime and a coupon for a free FH'zzookie with the purchase of a meal – and who doesn't love a FH'zzookie? So good.

3. Wednesday is College Night at Cafe Sabor. Student's get a burrito, drink and chips and salsa for $5.95. Typically, a burrito is $9, so this is a great deal for students.

4. For a classier meal, Thursday night is USU/Date Night at Hamilton's Steak and Grill. For $25 you get two entrees, drinks and desserts. Don't got a date? The same meal for one person is only $14.
5. Thursdays are Pita Pit's student discount night. A turkey, ham or chicken pita with chips and a drink for $6. If you're a member of HURD you also get $1 off or a free drink and chips with the purchase of a pita.
6. USU students receive 15 percent off at the Beehive Grill, Sunday through Thursday after 5 p.m.
7. Rancherito's offers students 10 percent off their entire purchase.
8. Starting in October, Pupeseria, Rancherito's and Village Inn will offer 10-percent off students' entire purchase.
9. Center Street Grill offers students $1 off their entire purchase.
Besides these restaurants, there are dozens of discounts and coupons in the Campus Cash booklets and in The Utah Statesman's Fall '09 Dining Guide – see the insert in the newspaper. Take a look, find your favorites and save a few bucks on your next meal or treat. Additionally, don't be afraid to ask whether a restaurant offers a discount to USU students. There may be some I've missed.
But then there's the dilemma of discounts and dates. So a restaurant offers a discount or has a coupon but would you use it on a date? As that I am incredibly cheap and will do anything to save a dollar, I would find a boy who uses coupons or asks for student discounts slightly endearing. But what do most USU students think? I surveyed 15 male and 15 female USU students Tuesday and found 34 percent of the girls and 40 percent of the boys thought using a coupon or asking for a discount on a date was tacky or cheap. Overall, 63 percent of students surveyed thought using a coupon wasn't tacky. So, somewhat mixed reviews. A few students commented on how a determining factor would be how serious the couple is. Other students said it's always tacky. That if a boy is taking a girl out he should have the money to pay for it. What do you think? Comment below on your opinion of "coupon-dating etiquette" and of other food discounts around town for students.
Tip of the Week: I dare you to use a coupon- anywhere- and then tell me about it.
Each week I'll be sharing a tip or bargain of the week – ways to save money or make the most out of it. Got an idea or heard about a discount? Please comment below or send me an e-mail.
Karlie Brand is a junior in public relations. "Watching Your Wallet" will appear online each Wednesday. Questions or comments can be sent to her at karlie.brand@aggiemail.usu.edu

Watching Your Wallet: Buying and Selling Used, Part 2

Published on http://www.aggietownsquare.com on September 16, 2009.

It's so cliche' but very true: "One man's junk is another man's treasure." When looking through places like D.I., KSL classifieds, Craigslist and e-Bay, I have been absolutely amazed at what people are selling. Try it out right now. Think of a random, obsolete item you've been wanting or looking for new, and search for it at one of the Web sites above. For example, I've been wanting a coat rack. Type "coat rack" into the search engine on KSL classifieds and you find 10-15 used coat racks, anywhere from $10 to $200. I found one I liked for $15, comparable to a coat rack on Google Shopping for around $60. Bingo!

Now, think about things you have laying around your place that you don't use, don't like or want to get rid of. Instead of chucking them, leaving them in the corner, under your bed or in the attic, set up an account on KSL.com, e-Bay or Craigslist and sell your items there.

Tips for selling online:

-As a general rule, don't sell broken, stained or just plain old useless junk. There is a market for junk but not broken or ruined junk.

-Reasonably price your item. Look at what similar items are being sold for online and price accordingly.

-If you're selling a desk, don't just list in the title line as "desk". There are hundreds of desks being sold online – list your item as something unique and memorable that will stick out in people's mind. Some examples are, "Spacious, beautiful white desk" or "student desk with lots of shelves."
-Be honest and give details. Be the "dream seller" you'd like to buy from.
-Post a picture. Most people won't even look at an item if they can't see what it looks like or what kind of condition it is in.
-Make your listing professional. Use correct punctuation, grammar and spelling and make sure the ad is clear and concise.

-Really sell your item. Think of the words and phrases companies use to grab your attention and make you want to buy an item.

-Your item will sell better if people know your price is negotiable. List "O.B.O" (or best offer) after your asking price or "will take reasonable offers".

-Spread the word that your item is for sale! Add a link to the ad on your Facebook or Twitter and tell your friends about it. Even if they're not interested, they may know someone who is.

-Be organized when someone comes to look at your item. If you have manuals, paperwork or maintenance records for the item keep them in a nice folder for a fast turnover. If you're selling on e-Bay, ship the item promptly and carefully.

What experiences do you have selling items online? Any tips you'd like to add? Share below!

Tip of the Week: Utilize the blessed Cinefour on 2297 N. Main Street. Instead of paying $8 for a movie, be patient, wait for it to go to this cheaper theater and go for $3.

Each week I'll be sharing a tip or bargain of the week – ways to save money or make the most out of it. Got an idea or heard about a discount? Please comment below or send me an e-mail.

-karlie.brand@aggiemail.usu.edu

Watching Your Wallet: Buying and Selling Used, Part 1

Published on http://www.aggietownsquare.com on September 9, 2009

This is a two-part series in buying and selling used items. Check back next week for the how-to on selling stuff laying around your apartment, attic, house or under your bed online for some extra cash.

Finding used treasures is like going to Disneyland for me. My favorite thing to do is to spend an hour sifting through the junk at the D.I. (Deseret Industries) and finding something I've always wanted or have been looking for. Over the summer I developed a new hobby: looking for used furniture via online classified on www.ksl.com. I was looking for a new desk and spent hours looking through some of the coolest used furniture – every color, every style, every age. So much more fun than going to R.C. Willey or Office Depot and having a normal (boring) shopping experience.

My motto is instead of paying full price, pay half for something that is gently used with a little character. Let me indulge and share a few of my best used purchases:

1. Waffle Maker

D.I. price: $4

New price: $20 at Target.com

I grew up with homemade waffles every Saturday morning, and there was no way I was coming to college without a waffle maker. Instead of buying new, I found a used waffle maker at the D.I. for $4. It's worked perfectly for two years and counting.

2. Extension Cords

D.I. price: Two for $2

New Price: Two for $20 at Target.com

This is a more recent purchase. I'm currently living in a house that may or may not have been built before electricity was invented (it remains a mystery). The electrical plugs in my bedroom are so sporatically installed that they are nowhere near my desk, bed or nightstand (which, by the way, was bought at D.I. for $10, a great find this past summer). This makes things terribly inconvenient. My alarm clock and lamp were plugged in across the room the first week of school. I was about to bite the bullet and buy a couple extension cords at Wal-Mart, but my favorite hobby kicked in and I found two three-outlet extension cords at D.I. for $2. What a find!

3. Desk

KSL.com price: $35

New price: $150 at Office Depot

After moving out of my dorm room with a huge desk and lots of storage about a year and a half ago, I needed a desk with a lot of space. After watching the KSL classifieds for a couple days I found a desk with a huge hutch and several drawers for $40. I bargained down to $35 (okay, so only $5, but still, can't do that at Office Depot) and saved about $115 by not buying new.

Hopefully these examples inspired you to look at online classifieds or the D.I. the next time you need furniture, electronics or any other items to save a few bucks (or a lot).

Here's a couple tips for buying used at the D.I.:

– Always try plugging the electronics in before you buy to be sure they work.

– Be patient and persistent. Sometimes they don't have exactly what you need the first time you go.

And a few tips about buying used from individuals online:

– The best places to look: www.ksl.com, www.craigslist.com and www.ebay.com. Also, try out A-bay, a new classified service offered right here at www.aggietownsquare.com. This service is great because all the items are in or near Logan, Utah, for easy pick up.

– When you find an ad you like, call and ask questions. Lots of questions. There may be flaws they failed to mention or capture with the photo, and you don't want to waste your time looking at something you don't like or want.

– Most prices are flexible, so don't be afraid to bargain and make an offer lower than what the seller is asking for.

– Again, be patient and persistent. Check the listings often as they change constantly.

– Steer clear of people who want your money before you see or purchase the item. Be conscientious of people who may be trying to scam you.

Bargain of the Week: Looking to buy a new iPod? Check out the refurbished iPods on www.apple.com under "Special Deals" and spend $99 instead of $149 on an eight gigabyte. These iPods may have had small problems but have been refurbished and include the full one-year Apple warranty. Look at Apple's entire refurbished store for discount computers, iPods and other Apple products.

Karlie Brand is a junior in public relations. "Watching Your Wallet" will appear online each Wednesday. Questions or comments can be sent to her at karlie.brand@aggiemail.usu.edu

Watching Your Wallet: Credit Cards- a blessing or a beast?

Published on http://www.aggietownsquare.com on September 2, 2009

At the beginning of my freshman year, I stepped into the big, scary world of credit by applying for a Discover student credit card. Two years later, turns out it's not that scary. Having a credit card has been useful when making expensive purchases, and I've received small cash rebates for using my card at designated retail locations. Having a credit card also developed and improved my credit so I could take out a small loan on my first car this past summer. But, a credit card can turn into a grizzly beast if you don't play by its rules. High interest rates can make carrying a balance on a credit card incredibly expensive.

To learn more about how credit cards affect students I met with Steve Sharp, the director of the USU Financial Aid Office. After meeting with Sharp and doing a little research on my own, I came up with five rules of the road to keeping credit cards on your side of the credit battle. Here we go:

1. Pay the balance in full each month.

Credit cards are handy in that they "buy" you time to pay for a charge, but after the 30-day period they're not so friendly. If you don't pay your credit card balance in full each month you are assessed the highest interest fee for any kind of credit. As Sharp put it, "It's like buying something full price plus 25 percent." So, don't be tempted by the low minimum payment, pay the balance in full.

2. Track your charges.

Treat your credit card like a debit card or checking account. Keep track of what you're spending or you'll be surprised at how much you used the card, often on impulse purchases, when you receive your statement. Keep your receipts and check your balance online often. If you have a difficult time tracking what you spend, Sharp recommended trying out a debit card first, which forces you to keep track of your purchases.

3. You only need one.

Multiple credit cards can be difficult to handle and manage. It's easy to start forgetting about multiple charges and balances on multiple cards. More cards also mean more temptation; you have much more money to spend on impulse purchases. Sharp also pointed out that multiple cards actually hurt your credit score.

4. Carefully get rid of applications.

Once you have one credit card, get rid of applications for any more. Destroy, don't just throw away, applications you receive. By destroying them, you reduce the risk of identity theft.

5. Pick the right one.

Choose a credit card with low interest, low or no annual fees, a long grace period, a low credit limit, wide acceptance (not all credit card brands are accepted everywhere) and useful services and features (like cash rebates or frequent flyer miles). Many credit card Web sites offer selection tools to help you decide which of their cards will work best for you. Like I mentioned earlier, I've been very happy with my Discover student card and have found the customer service to be very helpful.

Another interesting suggestion Sharp made was to pay tuition straight from your checking account to avoid the fee assessed by the university for using a credit card. Sharp also strongly recommends that if you need a loan to pay for school that you NOT "borrow" money by paying with your credit card and leaving it as a balance.

"Sometimes it makes sense to get a loan for education, but even the worst federal student loan is better than a credit card," Sharp said.

High interest rates from credit cards result in you paying way too much. Sharp suggested to instead apply for federal financial aid and receive a student loan, and there's even still time to qualify for a loan this semester and year. Sharp said student loans can be applied for and accepted before the semester they are used for ends. See the Financial Aid Office in the basement of the Taggart Student Center for more information.

As an interesting side-note, Sharp shared some statistics about credit card use on campus. According to a survey conducted last year among USU students who received financial aid, Sharp said two-thirds of them said they had credits cards. Of those students, one-third said they had credit cards but paid the balance in full each month and one-fourth said they carried a balance each month. Of all students surveyed, 11 percent had three or more credit cards.

Do you think these statistics accurately reflect credit card use at Utah State University? As a student, what recommendations would you give about credit cards? Have a good or bad experience you'd like to share? Please comment below. I appreciate your input and discussion.

Sources: http://www.mappingyourfuture.org/money/creditcards.htm.

Each week I'll be sharing a tip or bargain of the week – ways to save money or make the most out of it. Got an idea or heard about a discount? Please comment below or send me an e-mail.
Bargain of the Week: Join HURD, the student spirit club. For the $25 annual fee you receive a T-shirt, discounts from the HURD card, priority when purchasing tickets to away games and tournaments, and (my favorite part) free dinners once a week at the Coaches Show. Join HURD, the largest student club on campus, in the Student Involvement Office on the third floor of the TSC.

Karlie Brand is a junior in public relations. "Watching Your Wallet" will appear online each Wednesday. Questions or comments can be sent to her at karlie.brand@aggiemail.usu.edu

Watching Your Wallet

Published on aggietownsquare.com on August 26, 2009

When I was first told I was going to be writing a column about being a smart consumer I panicked a little. I’m not exactly a financial planner; the idea of being an accountant makes me slightly nauseous, and even the thought of balancing my checkbook makes me uncomfortable. But, although I’m certainly no financial adviser I do have one financial strength I am quite proud of: I am cheap. So cheap it’s a bit ridiculous. I will do just about anything to save a buck. It’s probably in my blood; my mom, raised on a school teacher’s budget, is incredibly resourceful and frugal. Being thrifty is a great quality to have but, as I have found, can sometimes be embarrassing.

For example, last year I bought a green sweater from Old Navy for $25, which isn’t bad for a nice sweater. However, when I got home the shopper’s guilt I usually feel after a day of shopping settled in, and the full price purchase felt like a naughty sin. The sweater sat neglected in its bag for several weeks until I heard of an Old Navy clearance sale going on and received a coupon in the mail. With joy in my heart and a spring in my step, I towed my roommate to the store and had her return the sweater for me. I then rebought the exact same sweater. With the clearance sale and the coupon I saved $7. Seven dollars. I felt overwhelmingly pathetic, but was inwardly pleased that the $7 could now go toward cheap Kroger brand cereal or garbage bags. What a joke.

So, after remembering this story and many others like it, I came to the realization that this column may be just my cup of tea! I’ll share bargains and discounts I’ve heard about and provide helpful consumer and financial advice relevant to students. And, I’ll try to keep the embarrassment to a minimum. Wouldn’t want Old Navy to figure out the ole’ roommate-return-your-full-price-items trick.

So for starters, I thought I would share a few bargains, discounts and even how to earn a little money on the side. There are all sorts of bargains when school first begins, starting with the very cheapest: freebies! Freebies are all over the place the first week of school, especially free food. Pick up a Week of Welcome schedule (or check online at www.usu.edu/asusu) and plan your weekly menu accordingly. Wednesday is Day on the Quad, the prime event of the year for free food and treats. As for savings on groceries, Smith’s Food and Drug (175 E. 442 North) and Smith’s Marketplace (750 N. Main Street) both offer a five percent discount for all Utah State students everyday. Just sign up for a Fresh Values Card at either location. It may not sound like a lot but it certainly adds up – and so does the discount on Smith's gas if you buy groceries at the Smith's stores. For discounts of all sorts, pick up a coupon book in the basement of the TSC (I just used one of the coupons this morning: $7.99 haircut at Great Clips!) Are your books painfully expensive this semester? Ease the burden next semester by working as a note taker for the Disability Resource Center for one of your classes and earn a $15/per credit gift certificate to the USU Bookstore. It’s easy. You'll be doing a great service for fellow students, and the extra cash for the Bookstore is always helpful.

These are just a handful of many discounts around Logan. Know of good bargains or places that offer discounts to students? Please share by commenting below.

I’m excited to be broadening my talent as la cheap extraordinaire and by sharing my finds with you as well as giving you financial and consumer information. Have a financial topic you’d like discussed? Please leave a comment! I'm interested in reading your questions, concerns and interests.

-karlie.brand@aggiemail.usu.edu
Karlie Brand is a junior in public relations. "Watching Your Wallet" will appear online each Wednesday. Questions or comments can be sent to her at karlie.brand@aggiemail.usu.edu