Sneaky Retail Traps to Avoid
In this extremely useful video segment for CBS MoneyWatch, our host and her guest dive into the shady tricks businesses use to get us to spend. While you may think that sales are simply a way for stores to clear out inventory, most of the time there's a bit more subtle manipulation taking place. This can involve basic things like taking dollar signs off of menus (0:49) or creating artificial scarcity to drive up excitement (2:10). Make sure to stick around until the three-minute mark, when the guest offers up a few worthwhile tips for outsmarting those scheming businessmen and women.