News Formal

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%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

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.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 458. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

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

Behavioral FinanceBehavioral finance is the study of how psychology affects investor behavior and financial markets.
Fonte: PsychToday - 🏆 714. / 51 Consulte Mais informação »

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).
Fonte: FXStreetNews - 🏆 14. / 72 Consulte Mais informação »