Making Money at Halloween

October 27, 2008

With the economy struggling many people are looking for ways to make some extra money.   I’ve written in the past about how to make money at Halloween, most of them require advance planning so it’s a little late for those this year.

So if it’s too late why am I bringing it up?  The morning of Halloween, stores will start marking down their Halloween stuff big time, the day after they’ll drop the prices even more.  I actually even saw some discounts already when I was out this weekend.

This is a perfect chance for you to buy on the cheap, you know how much people were buying it for in the weeks leading up to Halloween so you can get a feel for how much you stand to profit.  Of course the Halloween costumes and decorations you buy will just sit in the basement until next Fall, not earning you any money, but when the time comes you can make out nicely by selling them on eBay or even Craigslist.

Haunted Houses & Pumpkin Patches

Of course there are other ways to make some extra money during Halloween. I can’t  believe it but some people pay $15–30 a ticket to visit a haunted house.  Those aren’t just New York prices, even in the Midwest haunted houses aren’t cheap.

You could setup a haunted house and charge $5–10 bucks to get in.  Sure it won’t be as cool as some of the professionally done ones but it’s cheaper and you could target the suburbs for people who don’t want to drive all the way into the city.

If haunted houses aren’t your style you could go with a pumpkin patch.  You don’t necessarily need a lot of land, you could even have a mobile pumpkin patch.  Search around to see if any of the typical patches have moved locations or aren’t running this year.  Fill up your trunk with pumpkins and park out front of where the pumkpin patch used to be.  People that show up to find it has moved will be in need of a pumpkin and you’ll be there to sell them one.

Hard Work

Of course, all of these things will take work, planning, and spending some money up front.  But who ever said making money was easy?  If it was easy, everyone would be doing it.  Maybe these things aren’t right for you but the point is to show some examples of ways that you can make money by filling a need that’s not being met or a getting a great deal on something and reselling it to a different market or at a different time.

Ben

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Ben

Ben Edwards, the founder of Money Smart Life, saved up enough to buy a Nintendo back when he was 12 years old. When he used the money to buy shares of Wal-Mart stock instead, he knew he wasn’t like the other kids… His addiction to personal finance has paid off for his family and now he’s helping you to afford the life that you want. Check him out on the web at Google Plus, Twitter and Facebook.


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