What is 'spaving' and how to avoid this trap?

More people find themselves buying items they don't need just because they're on sale. This form of impulse buying is called "spaving" — spending more to save more. NBC's Christine Romans joins TODAY to break down the different types of "spaving" and how to avoid falling into the financial trap.

May 8, 2024 | VIEW IN BROWSER TOP MOMENT What is 'spaving' and how can you avoid this financial trap? More people find themselves buying items they don't need just because they're on sale. This form of impulse buying is called "spaving" — spending more to save more. NBC's Christine Romans joins TODAY to break down the different types of "spaving" and how to avoid falling into the financial trap. WATCH NOW Experts in travel, home repair and gardening share do's and don'ts WATCH NOW ACM Awards 2024: Post Malone, Kelsea Ballerini, more to perform WATCH NOW 'Despicable Me 4': Get at first look at the new trailer WATCH NOW Saw it on TODAY 3RD HOUR OF TODAY Jennifer Connelly talks 'Dark Matter' and 'Top Gun: Maverick' WATCH NOW TODAY WITH HODA & JENNA Mama's Done: Why this parent is over kids saying 'I'm bored!' WATCH NOW SHOP TODAY Steals & Deals: Up to 77% off wireless earbuds, packing cubes, more travel essentials WATCH NOW Send us Feedback Follow us on Facebook More TODAY Newsletters Copyright © 2024 TODAY | 30 Rockefeller Plaza, New York, NY 10112 MANAGE SUBSCRIPTION | UNSUBSCRIBE | PRIVACY | SEND FEEDBACK