Ask Finney: Best time to buy athletic shoes, credit cards in college, refunds for flight delays

SAN FRANCISCO (KGO) -- 7 On Your Side's Consumer expert Michael Finney answers your questions, every weekday on ABC7 Mornings. Submit your video questions and tune in at 6 a.m.

Question 1:

Maoco from Kentfield asked: What is the best way to get a good deal for athletic shoes?

Answer 1:

Right now is a great time to buy athletic shoes because of all the holiday sales. There will also be the after holiday sales starting Dec. 26 through the end of the year. Great times to buy. January is also a good time because that's when people have New Year's resolutions to exercise. That's when many retailers and manufacturers are out there offering deals.

Question 2:

Olivia asked: Is it a good idea to have a credit card while in college?

Answer 2:

A credit card can help you build your credit early. Make sure you can afford it. Don't buy what you can't pay off later. A debit card is a good option if you don't want to carry cash and stay within your budget. Those are linked to your checking account. Also note, schools typically offer lower fees at credit unions.

Question 3:

Gregory from Carbondale, PA asked: Are airlines required to give you a refund when flights are delayed?

Answer 3: There is no requirement that airlines compensate passengers for flight delays of any kind in the United States. Sometimes airlines will provide delayed customers either meal vouchers or a room if there is an overnight delay. But, there is no law requiring it. In Europe, if a flight's arrival time is delayed for more than three hours, customers are entitled to compensation dependent upon the length of the flight and time of delay up to 600 Euros, which amounts to around $710 at the moment.