Halloween on a budget: 5 wallet-friendly ways to celebrate 

Halloween’s creeping closer, and while the scares might be fun, an empty bank account is definitely not. Luckily, celebrating Halloween doesn’t have to mean spooking your wallet. Here are five clever ways to keep the thrill without the hefty bill. 🎃 

Halloween key spending categories include: 

  • trick-or-treating supplies (45%) 

  • treats for trick-or-treaters (38%) 

  • Halloween costumes (37%) 

  • home decorations (32%) 

  • attending or hosting events (18%) 

Source: Retail Asia | Halloween spending in Australia 

#1. Reuse and repurpose your decorations 🎨 

Before hitting the stores for new Halloween decorations, take a peek at what you already own. Old decorations can be given a new life with a bit of creativity. Got some fabric scraps? Turn them into ghostly drapes. Even empty jars can transform into spooky candle holders with a bit of paint. 

 

In 2024, Australian retailers are expected to reap a $450m boost in Halloween spending.  

Source: Australian retailers see 20% increase in Halloween sales 

#2. Save money on costumes 👻 

Halloween wouldn’t be Halloween without the costumes. But instead of splurging on a store-bought outfit, go for homemade or DIY Halloween costumes. Not only will you save cash, but you’ll also create something unique. Get creative with clothes and accessories you already have or shop at op-shops for affordable finds. 

If you want even more options, consider hosting a costume swap party with friends or family. Recycling costumes not only saves money but is also great for the environment! Instead of buying, consider swapping with friends or family. One person’s retired zombie is another’s fresh fright! 

Australians spend around $1.5 billion on costumes each year, so swapping can really save you.
— MoneySmart.gov.au

#3. Potluck parties for the treat 🍬 

Hosting a Halloween party? Skip the catering and go potluck-style. Invite your guests to bring a spooky dish to share. Not only does this lighten your food budget, but it also makes for a fun and diverse menu. From "witch’s brew punch" to "mummy meatballs," potluck dishes can be as spooky and creative as your imagination. 

Potlucks also create a sense of community and shared experience, so everyone feels part of the celebration rather than just a guest. Who knows, you might end up with some new recipe ideas for future Halloween parties! 

Food makes up 25-30% of party expenses.
— Australian Institute of Family Studies | Party Cost Statistics

#4. Get thrifty with Halloween games 🎲 

Skip the expensive party entertainment and opt for DIY Halloween games that are just as fun. Try a classic "mummy wrap" game using toilet paper or a scavenger hunt around your home or yard. Another affordable option is a pumpkin decorating contest—grab some mini pumpkins and markers and let your guests’ creativity take over. 

There are plenty of free resources online where you can download Halloween-themed printable games for extra spooky fun, without extra costs! 

Creative games and DIY activities can cut entertainment costs by up to 70%.
— Canstar Blue

#5. Stick to a budget-friendly treat list 🍬 

Candy and treats are the stars of Halloween, but costs can add up fast. Set a budget for treats and consider buying in bulk to save. Look for affordable treats or non-candy alternatives like stickers, pencils, or small toys—especially if you’re expecting a lot of trick-or-treaters. 

💡 Pro tip!  

Check out local stores after Halloween to stock up on treats and decorations at a discount for next year! 

Stay spooky, not broke 👻 

With a bit of planning, you can enjoy a frightfully fun Halloween without scaring your bank account. Whether you’re reusing decor, DIY-ing your costume, or hosting a potluck, there are plenty of ways to save while still making memories. 

So this Halloween, keep the horror in your costume—not your finances! 

Previous
Previous

Changes to your life insurance premium labels in 2024 

Next
Next

Keeping up with your breasts as you age (and why it matters)