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Keyword: spaving

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  • Finance expert sounds alarm over 'spaving' trend: An old 'trap' with a new name hitting your wallet

    05/19/2024 8:40:12 AM PDT · by Libloather · 35 replies
    Fox Business ^ | 5/19/24 | Madeline Coggins
    "Spaving" – spending more to save – is an old "trap" with a new name hitting grocery stores, retailers and even online gambling. Though there are times "spaving" is worthwhile, one personal finance expert outlined how consumers can avoid becoming the "victim" of the marketing ploy. "The whole concept of ‘spaving’ is to get consumers to buy more," Kuderna Financial Team founder and "What Should I Do with My Money?" author Bryan Kuderna told Fox News Digital. "You see different examples like that all throughout the economy. And where it hurts the consumer is if it encourages them to essentially...