Spaving explained: Financial expert on shopping trend that encourages more spending to save ...Middle East

For retail lovers there’s nothing quite like the rush of a good deal, and whether it’s TikTok Shop or discounts for digital boutiques on Instagram, deals are seemingly always at shoppers’ fingertips. The digital trend of “spaving,” spending more money to save more overall, has taken off online. “Brands have always pulled out all the stops, but the stops that they can pull out are … greatly enhanced now because of the technology and data that they have available,” financial planner Natasha Knox, founder of Alaphia Financial Wellness, told ABC News. Stock photo Ronstik/Getty Images Despite inflation, Americans are still spending money, owing $1.2 trillion dollars in credit card

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