SEATTLE, WA--(Marketwired - Oct 15, 2014) - Did you know that Americans will spend a projected $75 per person in their household for Halloween this year? While that number might seem steep, particularly if you have kids who plan to dress up, there are plenty of ways to save money on costumes, candy, decor, and more. Follow these tips from authority credit expert Creditnet.com to avoid getting spooked by your credit card bill this Halloween.
1. Use Rewards Credit Cards
Many credit cards offer rewards or points for spending on everyday purchases. So, you can earn significant amounts of cash back, points, or miles just by buying candy and pumpkins from the grocery store, costumes online, or even DIY costume supplies from your local market. Halloween is a great time to maximize these credit card rewards and earn extra money on your Halloween expenses.
2. Consider Homemade Costumes
If you are at all crafty, get creative when preparing costumes for your family. In most cases, DIY Halloween costumes can be had for a fraction of the cost of their store-bought counterparts, and are often way more fun to put together. If you have kids who are old enough, get them in on the act of making their own costumes. Look to websites and online forums for inspiration to make easy costumes with plenty of personality.
3. Think Second-Hand
Kids' consignment stores are a great resource for Halloween costumes, especially since they are typically only worn once. You can find tons of adorable costumes in like-new condition, especially for younger children. Online yard sale sites are also a great place to look. And check with friends with older kids -- they may have hand-me-downs in the basement or garage. Shopping thrift stores for the components to a costume is also a smart way to save money.
4. Scour Your Own Basement
Do you have kids costumes from previous years that you can repurpose? Even small items like fairy wings or superhero masks can mean big savings if you don't need to buy these pieces again. You can also sell or trade old costumes to earn money to spend on new duds for this year's holiday. Consider organizing a swap with neighbors to get new-to-you costumes for free.
5. Think Outside the Candy Box
Non-candy treats to hand out to trick-or-treaters, such as pencils, erasers, rubber spiders, and other trinkets, are often much less expensive than candy. Another upside is that you can often return the items that don't get handed out. If you do decide to hand out candy, look for printable coupons. The day or two before the holiday is often the best time to buy.
6. Plan Ahead
If you are a newlywed, have a new home, or are otherwise low on Halloween decor, think ahead for next year by buying holiday items at deep discounts on November 1. By stocking your basement ahead of time, you'll have everything you need for next year at a fraction of the cost.
Creditnet is an authority credit card comparison site that offers innovative comparison tools to help users find the best credit card for their needs. In addition, the Creditnet Credit Talk Forum is a community of over 100,000 members that discuss credit cards, credit, debt, and credit repair daily.