While we think the oversized handbag has been somewhat overdone, we also know that it has its place. You don't need to carry a bag that's half your size around with you every day, but for those occasions on which you need a second outfit, or an extra pair of shoes, or a bunch of school work, you can't beat a large bag.Of course, many that are shown are in the three or four digit price range, and if you have that to spend, good for you. But, if you're just looking for something chic, fun, and useful, check out the Mossimo Large Hobo Bag at Target -- it's just $29.99 and comes in the green you see here, purple, and an electric blue.

Although a beautiful hobo bag will always be in style, the colors of this particular bag could make it look a bit dated in a year or two. But, you're only spending $30 on it, and if you hang on to it, it's sure to rotate back into fashion in just a few years. What could be better?