Have you ever added something extra to your online cart so you’d qualify for free shipping? Bought five items to get a multi-item discount? Spent $100 in a store so you could use a $20-off coupon?
Guess what? You’re “spaving.”
Spaving is a mashup of spending and saving — spending more to save money by landing a discount or free shipping.
The term may be new-ish, but the behavior isn’t. Amazon introduced free shipping thresholds in 2002, initially offering free shipping on orders over $99.
Marcel Miu, a certified financial planner in Austin, Texas, admits to “spaving” when he’s trying to meet an order minimum. He has a small child and often orders things from Amazon that he needs the next day.
“But you have to go over the $35 minimum,” he…
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Source www.detroitnews.com
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