“Spaving” is a combination of spending and saving, where individuals spend more to save money by qualifying for discounts or free shipping.
Retailers strategically set free shipping thresholds and offer discounts to encourage customers to spend more.
Spaving can lead to unnecessary purchases and clutter if individuals buy items they don’t need just to meet a minimum order or discount requirement.
Being mindful about shopping, taking a break before making impulse purchases, and regularly assessing inventory can help curb overbuying and unnecessary spending.
Understanding the tactics used by retailers to encourage spending can empower consumers to make more informed purchasing decisions.
And now you know !
