How to Have a Budget-Friendly Halloween

Posted on: in [ Budgeting ]

By now you’ve surely noticed the chill in the air, signaling that fall is in full swing. This also means two things: Halloween will soon be here, and your kids’ candy and sugar intake is going to increase greatly. While they’re worried about what they are going to be this year, you have to keep the money side of this unique holiday in mind.


According to the National Retail Federation, the average American spends about $77 on decorations, candy and costumes each year. Spending an extra $77 doesn’t seem like much, but it can make an impact on your monthly budget.


State Bank doesn’t want you to be scared by Halloween costs this year! Save some cash with these helpful tips:


Make use of the dollar store:

Whether you are looking to make Halloween decorations or costumes, the dollar store is a great place to round up supplies to make your own crafts. If you don’t have a dollar store near you, check out local craft stores for supplies and décor. Many craft stores offer coupons and deals, so be on the lookout for those as well.


Purchase pumpkins last:

Waiting until just a few days before Halloween to purchase and carve your pumpkins could save you money. Many stores will put their pumpkins on sale as Halloween approaches to help sell their pumpkin inventory, so take advantage of these more affordable prices!


Look for free events in the community:

To avoid the high costs of putting on a Halloween party or even the costs of stocking up on candy, consider taking your family to a free Halloween event or activity in your community. Check your local library or newspaper for free Halloween events in your area.


Make your own costumes:

Buying Halloween costumes off the rack for the entire family will put you above the average $77 Halloween costs in a heartbeat. Just as it is less expensive to shop for decorations at dollar stores and craft stores, it is often times less expensive to make your own costumes. Use supplies that you already have to put together a great costume and buy just a few new pieces to complete your look.


What other creative and crafty ways can you come up with to save money this Halloween?


However you save, be sure to actually save that money by depositing it in your State Bank savings account to go toward one of your financial goals. We’re looking forward to seeing you soon, and to a great and spooky Halloween!


State Bank

Equal Housing Lender

Member FDIC


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