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New blog article: Spaving: What Is It and How to Avoid It?

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Elizabeth_FICO
myFICO Employee

New blog article: Spaving: What Is It and How to Avoid It?

Hello everyone! If there's a new blog article that I think you guys might like I plan on posting it in the Forums.

 

This week's article is: What Is It and How to Avoid It?

 

Let me know what you think about the article.

 

For more content don't forget to check out our blog.

Message 1 of 10
9 REPLIES 9
simplynoir
Mega Contributor

Re: New blog article: Spaving: What Is It and How to Avoid It?

I didn't even realize there was a term for this type of behavior. Learn something new every day

Message 2 of 10
coldfusion
Credit Mentor

Re: New blog article: Spaving: What Is It and How to Avoid It?

This is a great article.  Well worth anybody here reading.

(7/2025)
FICO 8 (EX) 850 (TU) 850 (EQ) 850
FICO 9 (EX) 850 (TU) 850 (EQ) 850

$1M+ club

Artist formerly known as the_old_curmudgeon who was formerly known as coldfusion
Message 3 of 10
Remedios
Credit Mentor

Re: New blog article: Spaving: What Is It and How to Avoid It?

Guilty 😐

Message 4 of 10
simplynoir
Mega Contributor

Re: New blog article: Spaving: What Is It and How to Avoid It?

Pretty sure cow is the exception to the rule here. More cow is always good

Message 5 of 10
1GaDawg85
Valued Contributor

Re: New blog article: Spaving: What Is It and How to Avoid It?

I feel seen! 


FICO 5 ,4, 2 - 10/2023                            FICO 8 - 10/2023                                   FICO 9 - 10/2023                                   FICO 10 - 10/2023
     
Message 6 of 10
FinStar
Moderator Emeritus

Re: New blog article: Spaving: What Is It and How to Avoid It?

Great article indeed.  Thanks for sharing.

 

 I thought getting that third goat for @Remedios was a good deal, in the end she would've been happy with one 😉

Message 7 of 10
Remedios
Credit Mentor

Re: New blog article: Spaving: What Is It and How to Avoid It?


@FinStar wrote:

Great article indeed.  Thanks for sharing.

 

 I thought getting that third goat for @Remedios was a good deal, in the end she would've been happy with one 😉


I'd be 50% disappointed

That's half off happiness!

Message 8 of 10
M_Smart007
Legendary Contributor

Re: New blog article: Spaving: What Is It and How to Avoid It?

@Elizabeth_FICO, Great article. Thank you for sharingSmiley Happy .. Have A Happy Thanksgiving!

Message 9 of 10
sxa001
Valued Contributor

Re: New blog article: Spaving: What Is It and How to Avoid It?

I agree with this others this is a really great article and tackles areas where I know I have fallen for the marketing and made purchases that maybe I should not have made.  I agree with the "Spave with purpose" sentiment.  The Amazon "one left in stock" message has gotten me more times than I care to admit when deciding if I should buy. 

Also as someone who used to be a semi-regular at the outlet malls I know about how we trick our brain into thinking we are getting a good deal.  I have literally thousands of dollars of shirts hanging up in my closet from years of poor spending habits.  It got so bad and I decided to not buy any clothes in 2020 (with one exception of my wife buying me a T-Shirt where proceeds went to support the postal workers relief fund I have stayed true to this).  

As a regular Costco shopper, I have to be careful because it is easy to get fooled.  It is also easy to use products faster because we have them available.

My 2020 goal was to just be more aware of my spending as we knew we wanted to save for a house, while cancellation of several trips certainly helped pad our savings account the awareness we have developed is going to go a long way.  Awareness is certainly key.  At least now I can put a name to the behavior.


Message 10 of 10
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