Are You 'Spaving' or Overspending? Experts Say the Savings Don't Always Pay Off

"Spaving" refers to spending more money to trigger savings discounts, like buying two items to get a third at half off or spending extra on shipping to get free delivery. While spaving deals make consumers feel like they're saving money, experts say it usually results in higher spending than originally planned. High inflation is causing more retailers to offer spaving deals like buy-one-get-one promotions, but these can backfire by inducing unneeded purchases. Spaving large bulk purchases only makes financial sense if the items will definitely be consumed before expiration. Experts recommend sleeping on spaving offers before deciding, only spending planned amounts, and honoring budgets to avoid unintended costs.