Don’t let Halloween spending scare your budget!

Now that the dust has settled on back to school shopping, our sights now turn to Halloween! Around the bus stop and drinking fountain, the talk has changed from new clothes to what to be this coming October 31!

Americans spent more than $2.5 billion on Halloween costumes in 2011. While the economy continues to mend, analysts expect spending to continue to rise this Halloween, according to the National Retail Federation.

In the spirit of the season, GreenPath has put together some tips to make sure your Halloween is all treats and no tricks!

  • When buying a costume, consider reaching out to family and friends who may have costumes left over from last year.
  • Homemade costumes can help keep prices down and allow imaginations to run wild (Zombie ballerina, anyone?).
  • While it is easy to get caught up in the excitement, try to keep accessory buying in check. Press-on ghoul fingernails, Harry Potter magic wands, and fake teeth can quickly lose their usefulness, as the little ghouls reach out for goodies and yell “Trick or treat!”
  • Share your costumes with family, as they likely are only worn once.
  • When it comes to buying the candy, pick your least favorite.  This will stop the temptation of eating it before the actual holiday and save you from running back to the store when the candy is no longer on sale.

HALLOWEEN BY THE NUMBERS

14.7% – The percentage of people that will dress up their pet for Halloween

49.5% – The percentage of people that will decorate their yards for Halloween

$21.05 – The average amount consumers will spend on candy

43.9% – The percentage of people who plan to dress in costume

(Source: The National Retail Federation)

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