🎃 👻 If you’re like the typical household, you’ve spent lots of time, and money, getting ready for Halloween. Americans will spend $11.6 billion on Halloween this year, according to the National Retail Federation, or about $104 per person. That money is divided between costumes ($3.8 billion), decorations ($3.8 billion), candy ($3.5 billion) and greeting cards ($500 billion). Adults will spend more on their own costumes (witch and vampire are the top choices) than on their kids’ (Spider-Man and ghost). They’ll even shell out $700 million for their pets to dress up as a pumpkin or a hot dog. Despite their love of Halloween, Americans are spending slightly less this year thanks in part to feeling lousy about the economy and rising credit card debt. Nevertheless, the holiday offers a great chance to use candy to teach your kids a valuable personal finance lesson.
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