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Home»Personal Finance»4 Mom-Approved Cheap Halloween Costume Ideas
Personal Finance

4 Mom-Approved Cheap Halloween Costume Ideas

October 6, 2024No Comments4 Mins Read
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The closest I got to Halloween as a child was through classic movies like “Hocus Pocus” and “Casper.” That’s because I grew up in a religious household that chose not to celebrate Halloween.

Since I didn’t embark on the adventure of costume wearing as a child, it’s become a first-generation tradition in my household. Although fun, my third year in, I’m realizing how expensive this costume business can become.

Americans are expected to spend about $104 on Halloween this year, according to the National Retail Federation. If you’ll be participating in spooky season festivities, keep reading for a few mom-approved tips for how to save on costumes.

Set a budget to avoid spooky spending

If you’re anything like me, when it comes to spending on creative ventures, you become a kid in a candy store. However, splurging on a Halloween costume can be counterproductive to your financial goals.

Karen Heffren, a mom from Tucson, Arizona, and owner of the DIY blog Desert Chica, says she’s always been frugal, and that’s no different on Halloween.

Consider setting a hard limit on how much you’ll spend. If you’re unsure how to calculate what you can afford this year, remember your costume money should ideally come from your discretionary income. That’s what’s left after you meet all of your core financial needs.

If you use the 50/30/20 budgeting system, costume money should come out of your 30% wants category, while 50% goes to needs and 20% to debt and savings.

Push your creative boundaries with a DIY costume

You’d be surprised how much you can save by making a Halloween costume using items around the house. Heffren was first inspired to DIY Halloween costumes about 17 years ago when her family became a single-income household. She shares DIY costume ideas on her blog to help people who may need inspiration and says you don’t have to be a super crafter to use this option.

Inspired by my research and interviews for this article, I plan to be Whitney Houston this year and have all the items I need at home already. I’ll use a black leather jacket, big hair, red lipstick, a white shirt and leggings. There are multiple resources you can consult for DIY costume research, such as Pinterest, YouTube, Instagram, blogs and TikTok.

It’s also important to keep track of your DIY costume spending along the way so it doesn’t end up costing significantly more than a ready-made costume. If it does cost more, the extra expense may be worthwhile if the costume can be repurposed, which we’ll discuss more below.

Choose costumes that can be repurposed

Kalia Johnson, a content creator and mother in Dallas, made a grape costume for her son last year, and it’s the gift that keeps on giving because most of the items are still functional. The inspiration for the costume came from her son playfully putting balls from his ball pit into his onesie.

The only items Johnson bought were the leaves she used, and they cost a couple of bucks.

Heffren, too, is a firm believer in using items that can be repurposed. She uses hoodies as an example.

Heffren recommends using duct tape or sewing items onto the costume base so you can easily repurpose it or fix mistakes. I plan to take this advice and use a hoodie and felt material to build my son’s Sonic costume this year.

Consider using pre-loved items

Using secondhand items for a Halloween costume is another way to save money.

Some places where you can buy a used costume or items for a DIY piece include Facebook Marketplace, eBay, OfferUp or your local thrift store. Keep in mind that one of the challenges with getting a ready-made costume may be finding one that you like and that comes in your size. If you want to coordinate costumes with loved ones, going this route could be difficult.

Heffren says people should remember that costumes don’t have to be perfect. That means you don’t have to coordinate your entire family’s costumes, nor do you need to turn costumes into a grand and expensive DIY project.

As the famous saying goes, “I think you just have to set realistic expectations and it’s just for fun, you know? It’s not Picasso, right?”

cheap Costume Halloween ideas MomApproved
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