What is "spaving," and is it good or bad?

What is "spaving," and is it good or bad?

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Interactive Video

Information Technology (IT), Architecture, Business

University

Hard

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The video explores the concept of 'spaving', a blend of spending and saving, where consumers spend more to save more through discounts and deals. Public opinions vary, with some seeing it as beneficial and others as a path to overspending. Experts warn against unnecessary purchases and suggest sticking to a budget. Spaving can be advantageous when buying non-perishable items in bulk, but only if they are needed. To avoid impulse buying, experts recommend removing saved payment info and unsubscribing from deal notifications.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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