By: Michelle Zadikian | November 19, 2022
Read More, and see what Scott Plaskett says about How quiet spending is eating into your budget and you don’t even realize it
So-called quiet spending can come in many forms, FP Canada said, such as charging subscriptions directly to your credit card, buying extra items at retailer checkouts or loading up on items just because they’re on sale. Other examples include buying additional products online to qualify for free shipping and using “buy now pay later” options.
“This is where it comes to attention. You know, when you have an intention on your financial awareness, your intention is going to help protect you from frivolous spending,” Scott Plaskett, chief executive officer and managing partner at Ironshield Financial Planning, told Yahoo Finance Canada in a phone interview.
Source: Yahoo Finance
