Between the candy and costumes and decorations and parties, Halloween isn’t as cheap as you think. Brands and companies who want to maximize their revenue pour millions into marketing Halloween items for the holiday for us to buy. And we as consumers eat it up because we want to participate in all of the fun. When it’s all said and done, billions will be spent on trick-or-treating and other items for the scariest night of the year.
I recently received an infographic that breaks down just how much we spend on Halloween and Halloween related items. While I knew that I personally spent a good chunk of change on Halloween each year, seeing it broken down really made me think about the economics of it all.
See the breakdown for yourself:
According to this same study, the average person spends about $72.32 every Halloween:
- $26.52 on costumes
- $21.05 on candy
- $19.79 on decorations
- $4.96 on greeting cards
From a money management standpoint, that probably isn’t money spent wisely.
To lessen the economic load of Halloween, you could create your own decorations and greeting cards. You could also make your own costumes with things you already have around your home, or shop at thrift stores for items. In terms of candy, you can buy it when it’s on sale and utilize coupons, which sometimes can give you double off.
I am all for having fun on Halloween, but not doing so breaking the bank. What’s say you?
The infographic shown on this post was sent to me from CashNetUSA, a company that offers pay day loans. While I am not a proponent of pay day loans, I am a consumer who believes in spending money responsibly, and I felt the infographic informative and useful.