The unprecedented pandemic has certainly stunted our day-to-day activities and even our dearest holidays like Halloween. Health officials have forecasted a new surge in COVID-19 cases in the fall, as temperatures drop and the flu season approaches — all while celebrations, including Halloween, are due to kick off later this month. Below are 5 scary Halloween spending facts that may spook you.
Year after year, Halloween continues to be a highly anticipated holiday in America. But this year, we may have to proceed with caution with respect to trick-or-treating.
On the bright side, Halloween is usually an outdoor holiday as opposed to most other holidays celebrated inside of a relative’s home.
States across the country have either limited or restricted regulations for standard door-to-door trick-or-treating. That being said, residents have tried their best to lift spirits and continue longstanding house decorating traditions.
This blog has consistently been focused on how to save for early retirement, but often we forget to focus on the present. Of course it is imperative to save for your future, but every present day should not be taken for granted. Thus, give yourself permission to enjoy the holiday.
The National Retail Federation (NRF), in a partnership with Prosper Insights, surveyed 7,013 consumers about their Halloween shopping plans. The following 5 scary Halloween spending facts from previous years give me goosebumps!
Interpreting Spooky Halloween Spending
If you’re ever curious why you rarely receive a Halloween greeting card, it’s because most Americans are spending their October budget on costumes, candy, and decorations.
Spending in the past 3 years has hovered around the $9 Billion [yes, B, as in BILLION] mark. Due to the circumstances, I’d expect spending to be reduced this year.
Take advantage of this situation and your bank account will thank your unintentional frugality.
If there’s one lesson from the infographic, it’s that consumers spend money on things they are passionate about! Who doesn’t love Halloween?
And if Americans are spending $9 billion on Halloween, just imagine how many purchases are made in November and December during the holiday season peak.
Either way, this is no excuse to stop you from completely forgetting about Halloween. Dress up if it’s your favorite tradition. But make sure to enjoy yourself while staying safe.
Watching scary movies with jump scares [that you’re probably expecting] may also be an efficient way to practically quarantine yet still enjoy the spirit of Halloween.
If you’re looking to get ahead on shopping too, the Amazon Halloween Store has a variety of options for costumes, candy, and fun to celebrate the spooky holiday.
Just remember to not overdo it on the candy! This will save your waistline and your dentist unnecessary hassle! Cavities are never fun, no matter what age you may be.
May each of you reading this be lucky enough to eat a large candy bar this October 31st.
Let me know your favorite costume or trick-or-treat tactic below in the comments.
6 thoughts on “5 Scary Halloween Spending Facts That May Spook You<span class="wtr-time-wrap block after-title"><span class="wtr-time-number">3</span> min read</span>”
Love this post, and Halloween in general! It's usually a time for some good old fashioned family fun, and hopefully that'll be the case despite the weird circumstances this year. At least everyone will be wearing a mask!
Ha! Great point about the mask! Unintentionally keeping Halloween a bit safer.
Great article, it will be very interesting to see what happens this year with Halloween. As I noticed the infographic is from 2019 so will it be another $9 billion, time will tell. Hope you have a great Halloween!
Thanks for reading Financial Fred! Wishing you a safe and happy Halloween in Canada!
Very interesting statistics. I have always understood that people spend a lot of money on holidays … But so that such amounts)) Of course, if a person wants to achieve financial independence, then he will be more prudent in spending.
Hey Illia! You've got the right idea. Happy Halloween to you and family in Ukraine! приветствую вас!