Four Ways to Save on Halloween

The only thing scarier than ghosts and ghouls on All Hallows Eve, is the promise of spending ghastly amounts on costumes and candy. Approximately 158 million people will participate in Halloween activities, which is 12 million fewer than last year, according to a survey by the National Retail Federation.

The average amount consumers spend on everything from candy to decorations is a whopping $75.03! But Halloween doesn’t have to be a money-suck from heck! Consider these tips before venturing out to the stores.

Swap costumes

What do you do with your family’s old costumes after the last Jack o’ Lantern is put out? If they’re simply taking up space in your closet or in storage, consider swapping them for a spooky new ensemble! While National Costume Swap Day has come and gone, this Halloween keep an eye out for friends or family member’s costumes that you think are brilliant. Next year, propose swapping costumes, or even organize a town-wide costume swap! It’s fun, green, and a great way to save money!

Only buy items that you can use again

A friend of mine was determined to be Morticia Addams this year and purchased a brand new, floor length black gown with cutouts gold wrist details. She was so excited about the dress, I didn’t have the heart to ask her where she would ever where something like that again. When you’re determined to dress up as a distinctive character or personality, it’s easy to go overboard with costumes and the appropriate accoutrements. A rule of thumb is (if you can) only purchase items that you can get wear out of again. Avoid costume shops, and opt for thrift stores instead. You can find dirt-cheap items that you likely can get use out of again.

Build off what you have at home

If you’re not married to a particular costume this Halloween, look through your closet to see what you can come up with without having to go to the store. Got a red and white striped shirt? Hello, Waldo! Have an outdated pinstripe suit in the back of your closet? Perhaps you can be the Pumpkin King, Jack Skellington! Have you been dying to break out your flannel shirt? You can be a lumberjack! There are loads of costumes you can create without ever having to step foot into a mall or Halloween store.

Lay off the extras

Forget about expensive wigs, jewelry, and makeup! If your costume requires a curly wig, consider curling your hair! If you need baubles or big jewels, rummage through old family costume jewelry! Instead of buying a makeup kit, go to your local drugstore and find inexpensive makeup products that you could use instead.

86.1% of people say they will spend less on their Halloween haul this year. Remember, you can go all out for your costume without having to break the bank!

Tip of the Day

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    When opening an account with a bank or credit union ask about overdraft, ATM & other fees that may be in fine print.

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