6 Halloween Costume Hacks for Budget-Conscious Parents

With Halloween just around the corner, parents and kids are already eyeing the racks at stores for that perfect costume. From Disney characters to Marvel comics to irresistibly cute animal outfits, the choices are endless and it’s understandable how families get wrapped up in the spooky celebration. While Christmas is still the most spendy holiday, the cost of Halloween has been climbing. The National Retail Federation (NRF) estimates Americans will spend about $950 million on kids costumes alone this year.

1. DIY.
Undoubtedly your child may be set on dressing as one of the hottest characters this season. While there will be plenty of Minions and Star Wars characters patrolling the sidewalks Halloween night, you don’t have to pay a lot to achieve these looks. Ashley Ann Photography has some great DIY tips for Star Wars costumes, while many costume ideas use simple apparel that you can find at craft stores for less.

2. Raid The Closet.
Chances are your child already has something in his or her closet that can be repurposed for Halloween. A ballet leotard is an easy base for a number of costumes, and an old pair of overalls is perfect for a Minion costume. Old costumes from years before can also be re-worn and redecorated to make something new. For more cheap and easy costume ideas, check out this blog post of over 50 ideas for kids and adults.

3. Be Thrifty.
When it comes to Halloween, thrift stores are your best resource. Many stores like ARC and Goodwill sell Halloween costumes for popular characters like Disney princesses and superheros. You’ll pay a lot less buying these gently used than you would from pricey costume stores. Also check out ThredUp.com; during October, the online consignment store hosts a costume exchange so parents can swap outgrown costumes for new ones. Grab ThredUp coupon codes for even more savings from deal sites like Coupon Sherpa.

4. Create a Challenge.
A fun way to let your kids have a blast creating their own costumes is to make a contest out of it! Money Crashers suggests setting a budget for each child and letting them explore the stores. Dollar stores are a great place to let them create, since most things will be cheaper and they can get more for their money. For a little competitive fun, you could host a costume contest afterwards and award the winner a prize.

5. Wait.
If you’re serious about Halloween saving, consider waiting until the last minute to purchase a costume for your child. Most stores mark their Halloween inventory way down a few days before the holiday to make way for Christmas merchandise. Though this method may not work if you need the costume in advance, it can mean big savings for those with flexibility. Also check the stores right after the holiday for savings of 50% or more for next year’s event.

6. Swap with Friends.
Every year, children request to dress up as their favorite cartoon character or animal for this one-day celebration. Since most kids don’t want to re-wear the same look the following year, parents are stuck with unusable costumes. Instead of letting those popular looks collect dust, set up a swap with family and friends to trade gently used costumes and accessories at no cost. Serve light snacks and request that each attendant bring at least one item to exchange.

About Andrea Woroch

Andrea Woroch is a money-saving expert who transforms everyday consumers into savvy shoppers by sharing smart spending tips and personal finance advice. As a sought-after media source, she has been featured among such top news outlets as Good Morning America, Today, CNN, Dr. OZ, New York Times, MONEY Magazine, Consumer Reports, Forbes and many more. A savvy writer, Andrea’s stories have been published among leading publications and sites such as Yahoo!, AOL Daily Finance, CNN.com, Huffington Post, LearnVest and New York Daily News. For more tips, visit her website at www.AndreaWoroch.com or follow her on Twitter and Facebook for daily money tips.

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