Finance

Financial Experts Warn of 'Spaving' Trend

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Stores have been enticing shoppers to spend more so they can save more for ages, but in today’s economy, financial experts warn that what’s come to be known as “spaving” can backfire on one’s finances. While the marketing ploy isn’t anything new, CNBC, Fox Business, and CBS News all have stories exploring how spaving is contributing to Americans racking up record amounts of debt.

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