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What Is Spaving And How It’s Hurting Americans
Posted
June 3, 2024
Views
341,037
Likes
4,218
Comments
372
Engagement
1.35%
June 3, 2024
341,037
4,218
372
1.35%
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Spaving - or spending more to save more - is a long-time tactic used by retailers to get consumers to spend on things they don't necessarily need, usually on impulse. As inflation persists and prices remain high, enticing deals and offers are attractive to cash-strapped consumers, but the financial pitfall could seriously affect people's wallets and credit scores if not managed well.
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Produced and Shot by: Natalie Rice
Edited by: Evan Lee Miller
Animation: Jason Reginato, Christina Locopo
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images
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What Is Spaving And How It’s Hurting Americans
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