This Halloween, let your imagination run wild, and you’ll discover that the most hauntingly fantastic celebrations don’t require a frighteningly high budget.
Halloween, with its ghosts, ghouls, and goblins, is a favourite holiday for many, and it’s just around the corner. But as we get ready to celebrate Halloween in 2023, it doesn’t have to come at a high cost.
This article discusses the importance of scaling back on spending for celebrations like Halloween and creative and cost-effective ways to enjoy the spooky season.
Halloween Spending on a Budget
Halloween celebrations have grown increasingly extravagant over the years, with people often spending a significant amount on costumes, decorations, candy, and parties.
A Roy Morgan/Australian Research Association (ARA) study estimated that Halloween expenses in 2022 were tipped to reach $430m, with each person spending up to $86 per head. The ARA reported in September 2023 that the spending for this year’s Halloween can reach $490m, or $93 per person.
Major retailers are already going full force with Halloween promotions; Big W, in particular, is offering costumes and props for adults, children, and pets while KMart and Target are focusing on home decor, clothes, and costumes.
However, you don’t have to break the bank to enjoy this spooky holiday. Overspending on holidays can interrupt your financial health. By keeping the celebration budget-friendly, you can enjoy the holiday without worrying about the aftermath on your bank account.
Budget-Friendly Halloween Ideas for 2023
It’s time to embrace the spooky season without emptying your wallet. A little creativity can often result in the most memorable and enjoyable celebrations.
You’ll be surprised by the inventive and memorable Halloween you can create with less. Encourage friends and family to join in on the fun, making it a shared and budget-friendly experience.
DIY Costumes
One of the most enjoyable parts of Halloween is dressing up. Instead of buying an expensive costume, get creative and make your own by raiding your closet and thrift stores for costume components.
Home Decorations
Skip the expensive store-bought decorations. Create your own spooky ambiance with homemade decorations using items like old bed sheets, cardboard, and recyclables.
Pumpkin Carving
Carving pumpkins is a Halloween tradition. Purchase pumpkins from local farmers or markets, and have a pumpkin carving party with friends and family. Use the pumpkin seeds to make a delicious and healthy snack.
Costume Swap
If you have friends or neighbours with kids, consider a costume swap. This way, everyone gets a new look without spending a dime.
Thrifty Candy Shopping
Don’t buy candy too early, wait for sales and discounts. You can also purchase candy in bulk from warehouse stores to save on per-unit costs.
Potluck Party
If you plan on a gathering, make it a potluck, and poll each guest what they can bring and coordinate it with other guests This spreads the cost and ensures a variety of food for everyone.
Spooky Movie Night
Organise a movie night with friends and family. Watch classic scary movies or TV series, pop some popcorn, and you have a budget-friendly and fun night.
Haunted House DIY
Instead of spending money on a haunted house attraction, create your own spooky maze in your backyard or home. Use old cardboard boxes, bed sheets, and props to make it a memorable experience.
Local Halloween Events
Check out local community events, like parades or festivals, which often offer free or low-cost entertainment. Many cities organise Halloween events that are family-friendly and affordable.
Halloween Craft Party
Host a craft night with family and friends. You can make decorations, masks, or other spooky items for a fraction of the cost of store-bought goods.
The A.S.A.G. Reverse Mortgage
With a little ingenuity and a dash of DIY spirit, you can create unique costumes, spooky decorations, and entertaining parties without breaking the bank.
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