Halloween is nearing, and you know what that means: your children’s sugar intake is about to skyrocket. It also means your bank account could soon be getting haunted by additional costs. 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. Putnam 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. 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 discount the price of their pumpkins as Halloween approaches, so take advantage of these more affordable prices!
Make your own costumes:
Buying Halloween costumes off the rack for the entire family will more than likely put you above the average $77 Halloween costs. 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 around the house to put together a great costume and buy just a few new pieces to complete your look.
Look for free events in the community:
To avoid the high costs of putting on a Halloween party, or even the cost of 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.
Using some of these tips can help you have a great Halloween without breaking your budget. If you need a separate account to store your savings, stop by any Putnam Bank location today to learn about our savings accounts.
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