Halloween is fresh at the heels of autumns arrival and is greeted by equal anticipation from adults and children alike.

Halloween first originated in Ireland, but it has become the 3rd largest retail holiday after Christmas and Easter for consumers in the UK as well as being the country’s second biggest party night after New year’s Eve .

It can be downright scary how much is spent on flamboyant costumes, decorations and piles upon piles of sugary sweets each year, in order to produce a night of ‘scaring’.

To put the growth of Halloween in the UK into perspective, in 2001 the value of the Halloween industry was valued at £12 million, whereas, in 2017 over £320 million was spent on Halloween, compared to a colossal $9.1 billion in America.

The retail market is growing year on year on so there’s no surprise Halloween spending will hit a record high this year.

Top 5 Halloween Purchases

  1. Confectionery
  2. Pumpkins
  3. Fancy Dress
  4. Decorations
  5. Cosmetics

 

Sales in the UK are still driven by confectionery, meaning people like to treat their little trick or treaters.

Halloween doesn’t have to be expensive, you can buy as little as you like and still have a great time.

 

Here are 5 money saving tips for Halloween – We call it VALUEween

Buying early

As we get later into October the price of Halloween Costumes goes up based on the demand increase. So, buying costumes early will most certainly save   money.

 

Recycle costumes

Try swapping fancy dress with friend and family. Bring out old costumes and invite friends and relatives over to swap. Handing previously purchased kiddies costume down to younger siblings is a brilliant way to recycle and reuse those old costumes.

 

Buying confectionery in bulk Buying

sugary treats in large amounts is one of the best ways to save money, taking full advantage of the 3 for 2 and BOGOF offers.

 

Set a budget

With the average household spending between £25 to well over £50 on Halloween it’s a good idea to set a reasonable budget before you shop and stick to it!

 

Get Creative

You can save a significant amount of money creating you own Halloween decorations this year. Using inexpensive craft materials, you have lying around the house. From cotton wool to old boxes with a little paint and glue you can turn your house into a spook spectacular.

 

Finally make sure you’re well insured, in case you’re scared to death……..

At Best PriceFS we offer solutions for all consumers and spending needs.

 

 

 

 


Comments are closed.


Breakdown Cover (11)

Learn all about breakdown cover on the Best Price Financial Services blog. Get all the latest information and insights on breakdown cover.

Home Emergency (21)

Blog posts about home emergency cover from Best Price Financial Services. Learn about home emergency cover and how it works.

Income Protection (18)

News and updates about income, employment and protecting you.

Investments (18)

Information and updates regarding UK Investment Plans.

Landlord Resources (7)

Helpful tips and advice about landlord cover from Best Price Financial Services. Find out about landlord home emergency cover and how it could help you.

Life Insurance (33)

Hints and tips about insurance and protecting your family.

Money Saving Tips (32)

Frugal tips to help you make the most of your money.

Motor Legal Protection (38)

All about Motor Legal Protection and how it can help you.

Press Room (26)

Latest news and views from discount broker Best Price FS

Savings (7)

All the information you'll need to find the best UK savings plans.

Structured Products (28)

News and updates about Structured Investment Products.

Travel Insurance (8)

Travel tips for holiday-goers, backpackers and skiers.