Save Money at Halloween

How to Enjoy Halloween on a Boo-dget

Canadians are expected to spend approximately $60 per person on Halloween expenses this year, from costumes to candy to frightful festivities.

For our family of five, that adds up to a whopping $300 – the same amount we budget for birthday gifts for friends all year long, and our total Christmas gift spend.

As a frugal family, we won’t be shelling out anywhere near that kind of cash to party it up on Halloween. Here’s how I’m saving money on October 31:

The kids get to choose costumes from their costume box (stocked with pieces usually found at garage sales for $2 - $5 each), from a list of homemade costumes I can make inexpensively (Check out wisebread.com’s round up of 85 frugal Halloween costumes, or from swapping costumes with a friend.

I’ll scour the grocery store flyers to compare pricing on candy, buying at the best price and being careful not to overbuy.

We’ll be on the lookout for fun family activities we can do (visiting a pumpkin patch, touring neighbourhoods with fantastic decorated houses) that don’t cost a thing.

We’re hosting a small Halloween party, using paper decorations the kids made themselves, colouring sheets printed at home, simple games we can make ourselves, and inexpensive snacks (find gross Halloween recipes here.)

If the kids get more candy than we’ll reasonably eat, we’ll take the candy in to our local consignment store, which offers a candy buy back program, earning us coupons to use on things we really need.

Your Halloween bill doesn’t have to scare you to death (even if the scale a few days later does).

Check out more scary secrets for making this Halloween terrific-ly terrifying.

Sarah Deveau’s first memory of saving up to buy something she really, really wanted was at age five, when she saved her allowance and birthday money for six months to buy a mini waterbed for her Cabbage Patch doll. She’s been in love with money every since; making it, spending it, and saving it too.

The author of two personal finance books, Money Smart Mom: Financially Fit Parenting, and Sink or Swim: Get Your Degree Without Drowning in Debt, Sarah’s work has also appeared in Today’s Parent magazine, the Calgary Herald, and other newspapers and magazines across Canada.

Shortly after her first daughter was born, Sarah opened her own business, an award-winning children’s consignment boutique in Airdrie, Alberta. But once daughters two and three came along, she closed her store to invest in a lakeside farmhouse on 40 acres in rural Nova Scotia. Sarah and her high school sweetheart husband plan to move east within the next ten years and semi-retire before the kids hit high school, made possible by the everyday money decisions they’re making now. Whatever your financial goals, be it a vacation home, college savings for the kids, or getting out of debt and stop cringing at credit card statements, this blog is for you.

Follow Sarah on Twitter at @SarahDeveau