Why spending to save may be costing you more

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  • Опубліковано 22 тра 2024
  • If you buy more items than you need to get a discount, you might be guilty of "spaving" - or spending more to save money. While retailers' clever marketing ploys convince you you're getting a deal, the practice often leads to overspending. CBS News MoneyWatch reporter Megan Cerullo explains the financial pitfall and how to avoid it.
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КОМЕНТАРІ • 20

  • @roz99999
    @roz99999 11 днів тому +3

    Nobody has ever said or will say “spaving” in the future

  • @kenmore01
    @kenmore01 11 днів тому +6

    As one ages, one tends to buy less stuff. Either because you have what you need, or you realize you're building up clutter, or because you know you can do without it. Maybe (darkly) you realize your time on Earth won't be enough to enjoy getting a new toy. Maybe it's because you want to hand down more fluid cash rather than old junk. Finally, you realize the new fun stuff you're buying now will be junk shortly, so why waste your money?

  • @kenmore01
    @kenmore01 11 днів тому +12

    Buy one, get one free. To a young person: It's like half off! To an old person: Now I'll have two of these stupid things around?

  • @residentevil4life
    @residentevil4life 11 днів тому +1

    I am very guilty of this. Nowadays I just flat out refuse to buy anything if I am expected to spend a certain amount to get free shipping or I will meet the quote and return almost everything in person.

  • @mikeem848
    @mikeem848 11 днів тому +2

    Often said as "buy more save more".

  • @snowman9642
    @snowman9642 11 днів тому +4

    Might wanna work on the name, Spaving is not a thing, and never will be a thing.

  • @user-rh8fl8qz2z
    @user-rh8fl8qz2z 11 днів тому +4

    "Spending to save" is how my ex wife ran up a $100,000 DEBT! NOT SPENDING, is SAVING! Im GLAD she, and, her DEBTS are GONE!

  • @pishi1990
    @pishi1990 7 днів тому

    its not a deal- its called clever marketing

  • @MichaelChengSanJose
    @MichaelChengSanJose 11 днів тому +1

    Ugh, maybe just don’t buy extra stuff? Not that hard.

  • @DLG24
    @DLG24 11 днів тому

    I never buy anything online and very seldom use an ATM. I only buy groceries with my card, then I walk home and cook for myself. Trust me, you can go from zero to 100 real quick, real quick.

  • @ErikWerlin
    @ErikWerlin 11 днів тому

    It always blows my mind that people fall for this.

  • @NinjaDsith
    @NinjaDsith 11 днів тому +1

    Girl math😂

  • @QuangNguyen-ng5zh
    @QuangNguyen-ng5zh 11 днів тому

    Tale as old as time

  • @billmellater
    @billmellater 11 днів тому

    Every time I watch these money saving tip videos it’s all common sense. Only thing I learn is that 5 minutes of my life are gone, never to be seen again 😢

  • @Maryanne-xo5ip
    @Maryanne-xo5ip 11 днів тому

    someone could have at least helped her w her eye makeup

  • @JT-my6ub
    @JT-my6ub 11 днів тому +2

    What a dumb name 😂

  • @oscarp2629
    @oscarp2629 11 днів тому

    To all my Trump supporters, don't be silenced, don't be shamed, don't be afraid. That's what the masses want - keeping you in the shadows, keeping you quiet without a voice. Speaking up is your God-given right - use it or lose it. Stand strong 💪 stand united 🇺🇸

  • @JT-my6ub
    @JT-my6ub 11 днів тому +1

    What a dumb name 😂