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

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Kuderna Financial Team founder and 'What Should I Do with My Money?' author Bryan Kuderna shares advice to consumers on how to avoid falling for the 'spaving' trap.

"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.

GEN Z LEAN ON CREDIT MORE THAN MILLENNIALS DID AND RACKING UP MORE DEBT Consumers must first remind themselves to "buy what you intend to buy," he stressed. "Don't buy what you feel pressured to buy. That's when you become almost like a victim of the marketing ploy. And that's obviously good for the retailer but not good for the consumer.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 458. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Beyond Banking Apps: How Embedded Finance Is Reshaping FinanceIvo Gueorguiev, co-founder at Paynetics. Read Ivo Gueorguiev's full executive profile here.
Bron: ForbesTech - 🏆 318. / 59 Lees verder »

Behavioral FinanceBehavioral finance is the study of how psychology affects investor behavior and financial markets.
Bron: PsychToday - 🏆 714. / 51 Lees verder »

Why FinTech is set to dominate the financial industry?The financial industry stands on the brink of a transformative era driven by Financial Technology (FinTech).
Bron: FXStreetNews - 🏆 14. / 72 Lees verder »