Finances & Fireworks

Kyle Crowe

July 6th, 2016 | Posted in General, Money Tips
July Blog Headers1-01

I love fireworks, you love fireworks, we all love fireworks! But what is the actual cost of your fireworks? Here’s our breakdown of finances & fireworks.

Fireworks play a major role in our Independence Day and Pioneer Day (for Utah) celebrations. However, you might be surprised at the cost of these explosions in the sky. The American Pyrotechnics Association claimed that 285.3 million lbs. of fireworks were used in 2015 and 260.7 million lbs. were from consumers alone. That’s a lot of fireworks. In fact about $675 million were spent buying fireworks in 2014. That is just for consumer and household use.*

In a recent study, 45% of Americans said that they will participate in fireworks over the 4th.  Other sources say that the average household buys $100 of in store fireworks just for the 4th!* That’s a lot of money for something that you are meant to light on fire.

If you are like me, spending that much money for 15 minutes of entertainment just isn’t worth it. Here’s a better option: go to a local firework show or get a group together with your neighbors to all pitch in for a neighborhood firework show. This way it’s either free or a lot cheaper. Check online for city events with fireworks or ask your friends where they will be. There will almost always be someone else who is setting of fireworks close by!

Plus if you find a firework show that is put on by a city, chances are they are spending anywhere from $5000 to $30,000* in fireworks so they will be bigger and better than anything you could come up with.

Ask yourself how much you are spending on fireworks and check to see if it is really worth it or if there is something else you could be putting that money towards. Don’t blow up your budget on firecrackers.

We hope you had an awesome 4th of July yesterday and stay safe during the rest of your festivities!

*http://www.americanpyro.com/pr-apa-predicts-banner-year-for-consumer-sales

*http://research.nrffoundation.com/Default.aspx?pg=75#.V3vVm5MrKV6

*http://www.acepyro.com/faqs