Top 5 Expenses to Budget For in October
It’s that time of year again! Are you ready to bust out your pumpkin and bat decor?
If you’re feeling unprepared and overwhelmed about money for October, have no fear. Your budget is meant to change, just as the seasons do!
Here are the top five expenses to budget for in October:
Halloween
According to Investopedia, 70% of consumers in the US participated in Halloween. The average American household is slated to spend $108 on the spooky holiday. With that being said, early October is the time to prepare so you don’t end up paying for last-minute costumes or candy.
Holiday Shopping
In 2023, Americans spent an average of $975 on Christmas gifts alone. With only 2 months left until we hear jingle bells, it’s time to “get a move on” your holiday spending plans. Start putting away money specifically earmarked for gifts now!
Fall Events or Festivities
‘Tis the season of apple picking, street fairs, and family movies in the park. Don’t forget to save a little extra cash for candy apples and local celebrations.
Winter Sports
Ready to hit the slopes soon? Make sure you plan by looking up updated costs to your favorite lodges and/or sports facilities.
Elevated Utility Costs
Brrrrr… it’s cold in here. There are certainly Toros in the atmosphere. With the air cooling, your heating bill may start to creep up. Don’t forget to account for this in your budget!
With proactive steps in updating your budget, you’ll avoid financial stress and give yourself more money, energy, and space to enjoy the beautiful fall season!
