![](https://assets1.cbsnewsstatic.com/hub/i/r/2024/05/10/a8e309c7-35a2-44bf-9c92-26f90e1043a5/thumbnail/1200x630/3d636748c87218091c06db3003a31cf1/cbsn-fusion-why-spending-to-save-may-be-costing-you-more-thumbnail.jpg?v=218688c1357f974b9630d4fa8914721c)
Watch CBS News
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.
Watch CBS News
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.
View CBS News In
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.