How to not go broke this Halloween 2022

The billion-dollar Halloween industry sees people spending around $2.08 billion on candy, 2.6 billion dollars on costumes and, approximately, $1.96 billion on decorations.
broke halloween 2022
How to not go broke this Halloween 2022
Americans spend extravagantly on costumes, decorations, and fancy tricks and treats. In 2022, Americans are expected to spend over $10.6 billion on Halloween. This blog talks about clever tricks that can save you from going broke this Halloween.

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Halloween is just around the corner. It is undoubtedly one of the most favorite times of the year throughout the nation. Come Fall, the neighborhood gets buzzing with spooky preps for Halloween. But as the festivities rise, so does the pile of bills that takes away all the fun and excitement. Here’s how you can save money and not go broke this Halloween 2022.

According to reports, The billion-dollar Halloween industry sees people spending around $2.08 billion on candy, 2.6 billion dollars on costumes and, approximately, $1.96 billion on decorations. 

Don’t splurge on your decorations

You don’t need to spend exuberant amounts buying fancy lanterns and original giant pumpkins. Spice up your place by upcycling your old stuff or reusing your last year’s decor (only if you have cared to save them).

Dollar stores are our favorite shopping destinations for decor and one-time-use accessories. They help you create wonders in your budget and save you money.

Innovate costumes instead of buying new ones

Finding a good costume is the challenge, and especially if it’s for Halloween, people are ready to spend a fortune to be titled the best dressed. You can save yourself from falling into the traps of high-end fashion labels and try innovative money-saving dressing options.

Social Media is flooded with smart DIY Halloween costume hacks. You just need to start your research a bit early. Jump from one platform to another, gather some fantastic and easy costume hacks and apply them. Add a tinge of personalization, and your intelligent and happening DIY costume is all set to dazzle.

How about homemade treats?

This Halloween, you can create candy bark, ghost pretzels, candy apples, and incredible pretzel rods, or stir your magic formula to cook up the yummiest DIY Halloween candies and treats. Kids will be super happy and your pocket will be super duper happy.

Pre-plan your festivities

Last-minute rushing costs a lot of money; you even hoard up in a hurry, and maybe you might miss some important stuff and need to buy them for three times the price when the supermarkets have raised their prices due to heavy demands.

If you have planned your budget and go out at the right time (neither too early nor too late), you may be able to strike a good deal and save yourself from spending more than you can afford.

A well-planned budget can do wonders for you. If you don’t do it regularly, try it on Halloween this year and make it a habit after seeing the bounties of budgeting.

Look for sales and offers

Shopkeepers want to clear their stocks at the earliest, so once the festival is over, they come up with stock clearance sales. Take this opportunity as a golden ticket and buy stuff like decorations and costumes for the next year well in advance so that you don’t worry too much about inflation and soaring prices the following year.

Spend what you have earned on Halloween 

Wait! Do you think we are asking you to sell out all your treats? Certainly not. Try running a haunted house, or maybe volunteer to be the host of a themed party and earn from the tickets you sell. 

If you start planning a year before, you can also try growing a pumpkin patch and selling your homegrown organic pumpkins when Fall arrives. Or you can design spooky costumes. The best and most accessible on the list is online affiliate sales. Who knows, you may become an influencer this Halloween.

Halloween is a chance to make our hearts lighter and fill them with happiness without worrying about going broke this 2022. Plan smartly and save your hard-earned money for their true purpose, the upliftment of our families. 

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Fatema Yusuf

Fatema Yusuf

A passionate writer, who loves to write about anything and everything. She usually writes about finance and investment options. She enjoys talking about personal development and loves to help people grow. she loves to cook for kids and upcycle old stuff to give them a new life.

This page is purely informational. Beem does not provide financial, legal or accounting advice. This article has been prepared for informational purposes only. It is not intended to provide financial, legal or accounting advice and should not be relied on for the same. Please consult your own financial, legal and accounting advisors before engaging in any transactions.

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