Does ‘Spaving’ Save Money or Is It Draining Your Wallet?

Does ‘Spaving’ Save Money or Is It Draining Your Wallet?
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Anne Johnson
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If you go shopping, you run into “spaving.” It’s almost a passion among many American shoppers. The premise is that it saves you money, but at the same time it takes more money out of your pocket.

But what is spaving, and have you ever done it? Pretty much everyone who shops in a brick-and-mortar store or online has fallen victim to this selling ploy.

What Is ‘Spaving’?

The term is derived from the combination of “spending” and “saving.” The premise is that if you spend more money you’ll save more money. One form of spaving is a deal of buy one get one (BOGO).
Anne Johnson
Anne Johnson
Author
Anne Johnson was a commercial property & casualty insurance agent for nine years. She was also licensed in health and life insurance. Anne went on to own an advertising agency where she worked with businesses. She has been writing about personal finance for ten years.
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