Why spending to save may be costing you more

If you buy more items than you need to get a discount, you might be guilty of "spaving" - or spending more to save money. While retailers' clever marketing ploys convince you you're getting a deal, the practice often leads to overspending. CBS News MoneyWatch reporter Megan Cerullo explains the financial pitfall and how to avoid it.
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Пікірлер: 20

  • @roz99999
    @roz9999925 күн бұрын

    Nobody has ever said or will say “spaving” in the future

  • @kenmore01
    @kenmore0126 күн бұрын

    As one ages, one tends to buy less stuff. Either because you have what you need, or you realize you're building up clutter, or because you know you can do without it. Maybe (darkly) you realize your time on Earth won't be enough to enjoy getting a new toy. Maybe it's because you want to hand down more fluid cash rather than old junk. Finally, you realize the new fun stuff you're buying now will be junk shortly, so why waste your money?

  • @kenmore01
    @kenmore0126 күн бұрын

    Buy one, get one free. To a young person: It's like half off! To an old person: Now I'll have two of these stupid things around?

  • @westbccoast

    @westbccoast

    25 күн бұрын

    LMAO

  • @residentevil4life
    @residentevil4life25 күн бұрын

    I am very guilty of this. Nowadays I just flat out refuse to buy anything if I am expected to spend a certain amount to get free shipping or I will meet the quote and return almost everything in person.

  • @mikeem848
    @mikeem84826 күн бұрын

    Often said as "buy more save more".

  • @user-rh8fl8qz2z
    @user-rh8fl8qz2z26 күн бұрын

    "Spending to save" is how my ex wife ran up a $100,000 DEBT! NOT SPENDING, is SAVING! Im GLAD she, and, her DEBTS are GONE!

  • @westbccoast

    @westbccoast

    25 күн бұрын

    Amen brother

  • @snowman9642
    @snowman964226 күн бұрын

    Might wanna work on the name, Spaving is not a thing, and never will be a thing.

  • @pishi1990
    @pishi199022 күн бұрын

    its not a deal- its called clever marketing

  • @DLG24
    @DLG2425 күн бұрын

    I never buy anything online and very seldom use an ATM. I only buy groceries with my card, then I walk home and cook for myself. Trust me, you can go from zero to 100 real quick, real quick.

  • @MichaelChengSanJose
    @MichaelChengSanJose25 күн бұрын

    Ugh, maybe just don’t buy extra stuff? Not that hard.

  • @ErikWerlin
    @ErikWerlin25 күн бұрын

    It always blows my mind that people fall for this.

  • @NinjaDsith
    @NinjaDsith26 күн бұрын

    Girl math😂

  • @billmellater
    @billmellater25 күн бұрын

    Every time I watch these money saving tip videos it’s all common sense. Only thing I learn is that 5 minutes of my life are gone, never to be seen again 😢

  • @QuangNguyen-ng5zh
    @QuangNguyen-ng5zh25 күн бұрын

    Tale as old as time

  • @0xjkhui1934opljm
    @0xjkhui1934opljm26 күн бұрын

    What a dumb name 😂

  • @Maryanne-xo5ip
    @Maryanne-xo5ip25 күн бұрын

    someone could have at least helped her w her eye makeup

  • @oscarp2629
    @oscarp262925 күн бұрын

    To all my Trump supporters, don't be silenced, don't be shamed, don't be afraid. That's what the masses want - keeping you in the shadows, keeping you quiet without a voice. Speaking up is your God-given right - use it or lose it. Stand strong 💪 stand united 🇺🇸

  • @0xjkhui1934opljm
    @0xjkhui1934opljm26 күн бұрын

    What a dumb name 😂

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