Group 1: Halloween Spending Trends - Nearly 79% of U.S. adults plan to celebrate Halloween in 2025, with an average spending of $420 per household [1][2] - Young Americans, particularly Gen Z (93%) and Millennials (87%), show the highest intent to celebrate, with spending averaging $622 for Gen Z households [3][4] - Households with children plan to spend an average of $652 on Halloween, significantly more than the $215 planned by those without children [5] Group 2: Costume and Candy Expenditures - Adults celebrating Halloween expect to spend an average of $58 on their own costumes and $87 on family costumes, with 33% planning to buy pet costumes averaging $22 [6][7] - Half of the adults celebrating Halloween plan to purchase pet costumes, spending an average of $50, which is more than double the national average [7] Group 3: Budgeting and Savings Recommendations - A majority of Halloween participants (57%) are willing to buy candy in bulk to save money, while only 24% would consider switching to less expensive candy [8] - Creating a dedicated fund for holiday expenses is recommended to manage spending effectively, with suggestions to use high-yield savings accounts for better financial planning [9][10]

Group 1: Vacation Savings Trends - A significant portion of Americans prioritize saving for vacations, with 33% indicating travel as their primary savings goal, surpassing savings for emergencies (30%), car purchases (26%), and home repairs (24%) [2][3] - The tradition of summer vacations remains strong, with 47% of all Americans planning to take a vacation this year, and this figure rises to 54% for Gen Z and 56% for Millennials [3][4] Group 2: Spending Patterns Among Younger Generations - Younger Americans, particularly Millennials and Gen Z, are not only more likely to plan vacations but also intend to spend more, with 41% of Millennials and 35% of Gen Z planning international travel compared to 26% of Gen X and 21% of Boomers [4] - A notable percentage of younger travelers plan to spend $5,000 or more on their trips, with 48% of Millennials and 44% of Gen Z indicating such spending [5] Group 3: Savings Strategies - Establishing a dedicated high-yield savings account can facilitate vacation savings, with suggestions for setting up recurring transfers to enhance savings [6][7] - CIT Bank offers high-yield savings accounts that can help individuals grow their vacation funds more effectively, with interest rates up to 10 times the national average [7]

Summary: A division of First Citizens Bank, CIT Bank operates exclusively online. It offers a variety of personal and commercial banking products and services. CIT Bank was ranked as one of our top 10 online banks for 2025. See our full ranking of the 10 best online banks>> CIT Bank product overview Platinum Savings CIT’s Platinum Savings account currently offers 0.25% APY on balances of less than $5,000, and 3.85% APY on balances of $5,000 or more. The minimum opening deposit for this account is $100 a ...