Three Simple Suggestions for a Budget-Friendly Halloween

Reap the Harvest Home Equity Loan

October 18, 2018

Convenience is our middle name.

November 5, 2018

Mother with two children carving pumpkins

Think back to when you were a kid. What was your favorite thing about Halloween? Was it the costumes? The candy? The spooky decorations around your neighborhood? All the above? Now, think about your little ones. Which Halloween traditions excite them most? There’s a pretty good chance they love the same things you did.

That timeless trio of candy, decorations, and costumes account for more than 80% of Halloween spending. How much do people actually spend on Halloween? According to a National Retail Foundation survey, Americans spent an estimated $9.1 billion in 2017, and the number is expected to top $9 billion again in 2018.

From shopping for the newest costume to overspending on premium candy for trick-or-treaters, it’s easy to get caught up in the fright-filled fun and spend more than you intended. So, how do you give your little ones a Halloween filled with fantastic childhood memories without blowing up your budget in the process? We’ve got a few ideas.

Three Tips for Saving Money This Halloween
By following these tips, you can save money on candy, decorations, and costumes and help your kids enjoy a Halloween that’s a little less trick and a lot more treat:

Candy

Based on the survey mentioned above, a whopping 95% of Americans plan to buy candy this Halloween. If you’re looking for easy ways to save, steer clear of the brand name selections and buy in bulk. If you’re trying to be that house, the one all the kids talk about because you’re the ones that give out the “good stuff,” be sure to scan local sales and be patient. Stores will often discount candy on Halloween morning. A little last-minute shopping can give you the chance to get more for your money.

Decorations

Hosting a Halloween party for your friends? Instead of rushing out to a specialty store and buying elaborate displays and mass-produced trinkets, add a personal touch by letting your kids design decorations of their own. You may not win any neighborhood decorating contests, but your children will love showing off their handiwork to all their guests! Need some suggestions to get your family’s creative juices flowing? The home decorating experts at HGTV can help you scare up a great idea!

Costumes

When it comes to finding great deals on Halloween costumes for your children, thrift stores are your friend. If you shop early enough, many second-hand stores will have a selection of costumes that were only worn once or twice before the previous owners outgrew them. If you’re getting down to crunch time and you don’t have your kiddo’s costume figured out, Pinterest is a great place to find creative DIY ideas. And if your costume design project doesn’t turn out as perfectly as you hoped, don’t worry—nobody will notice because trick-or-treating happens in the dark!

Now, before you get carried away with crazy ideas about how to spend all the money you saved this Halloween, remember, Halloween savings can help ease the financial stress of Christmas shopping. That’s right, Christmas shopping. Once Halloween is over, there are only 54 shopping days until Christmas. Now, THAT is scary!

Three Simple Suggestions for a Budget-Friendly Halloween

Reap the Harvest Home Equity Loan

Convenience is our middle name.

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