Buy 2, get 1 half off: The financial dangers of 'spaving' discounts

"spaving" is a mashup word which combines "spending" and "saving," and refers to when one spends more money to trigger a savings deal. Experts speaking to the outlet said, most of the time, spaving just ends up being spending.

“It’s always more spending. It’s not always more saving,” Jeff Galak, an associate professor of marketing at the Tepper School of Business at Carnegie Mellon University in Pittsburgh, toldHere are some common examples of spaving discounts.Buy an additional item to get one free, shoppers may be seeing more spaving offers this summer due to inflation. Consumers have been spending less due to rising prices, which has led companies to begin launching deals.“It’s always good to save money.

While buying necessities like toilet paper, laundry pods and paper towels in bulk might make sense, be wary of spaving on items with a short shelf life, like fresh fruit, vegetables or nonfrozen steaks.

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