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Money for Life work in partnership with the Money Advice Service, an independent organisation set up by government. Money AdviceService provides free, unbiased money guidance across the UK to help people make the most of their money.  If you have a question or need help, you can chat to them here.

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5 ways to spend Halloween without frightening your bank account

By Tyrone Huggins, Freelance blogger

Let’s creep it real, Halloween is all fun and games until you realise how much it can suck the life out of your wallet! But you don’t have to spend a fortune to rock an amazing costume or find the perfect décor. Here are 5 money saving tricks (or treats) you can follow to get the most out of your celebrations this year.

Get thrifty with your decorations – Buying Halloween décor year after year can really take a bite out of your budget. But if you need your coins to stretch further, the key is to buy reusable items, so you do less trashing and more stacking by the end of the season. Take for instance the infamous pumpkin – unless carving contests are the highlight of your Halloween, creating one from scratch can be costly and time-consuming. But if they’re not high on your agenda, fake plastic ones can be just as effective!

 

Ditch going brand new – Who said new was best? Probably a marketing campaign aimed at Halloween costume shoppers. Second-hand clothes, however, can really make for great affordable costume pieces at a fraction of the cost. A good place to start is with the people around you. If you have a group of friends with already worn costumes from last year, why not host a costume swap? As long as you weren’t partying it up together last year, no one will be the wiser.

Sell previous costumes – Alternatively, instead of swapping, try selling your old costumes! Plenty of like-minded, frugal shoppers would love to get a deal on something you wore once because they’ll only wear it once. See the cycle? Make it a cycle of savings.

Look for budget friendly activities – From blood bathed bashes to free fancy dress festivals, there are heaps of cheap and free Halloween events you can attend this time of year. The hardest part is finding them all, but that’s what we are here for right? If you want to hang out with the ghouls and gals of the night take a look at these from DiscoverMyNight.

Plan for the year ahead – Did you know, the markdown on Halloween items starting from November 1st is larger than any other holiday period? Yet many people miss out on these deals because, at this point, everyone’s thinking about Christmas. It’s all about shopping smart. If you resist making last minute impulsive buys and plan for next year instead – you could grab yourself unbeatable bargains in the long run whilst staying one step ahead of the rest!

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Money for Life work in partnership with the Money Advice Service, an independent organisation set up by government. Money AdviceService provides free, unbiased money guidance across the UK to help people make the most of their money.  If you have a question or need help, you can chat to them here.

Launch Chat

Chat to the Money Advice Service
Monday to Friday, 8am to 6pm
Saturday, 9am to 1pm.