For those that don't know, Halloween retail sales amounted to $6.9 billion dollars in 2013 with each person averaging $75.03, according to Kimberly Amadeo, a U.S. economy expert. Although numbers are expected to increase this year, they are still are surprisingly down in the grand scheme when you look at the last three years. Without much surprise, many Halloween goers spend the majority of their money on the costume, so if you want to save a buck that's the area you must be the most creative in, if you want to positively impact your budget. Many love Halloween because unlike Thanksgiving and Christmas, people feel it's less stressful, cheaper, and in some cases, you get more out of it, particularly as an adult. Christmas for many, feels thankless much like Thanksgiving because people stress and drive through terrible weather, spend countless hours slaving over a stove, getting into family conflict over trivial matters, and trying to organize whose hosting what, whereas Halloween you can go to your own closet and find an old high school jersey or tear some old cloths and find one of the many Halloween festivities that are sure to be in your neighborhood. With Halloween, many feel they get so much bang for their buck that even in 2008, which was a serious recession that didn't affect Halloween spending as much as many would have thought, so keep on spending and creating the demand for this holiday because it offsets the stresses and financial burdens of the other more cost unfriendly holidays.
Malcolm Briggs
I think it is crazy that people spend almost $80 on something that they will wear for a few hours. Christmas people will spend more than that but is for other people and not just for personal enjoyment. Even though holidays may be more stressful, mainly because of the family part, I feel that they are more important and more meaningful than Halloween where people only want to get drunk or eat more candy than they should!
ReplyDelete-Crystiana Schlitz