There is nothing more dazzling and visually entrancing than a fireworks spectacle in the sky. Or, the thrill of being in close proximity to small-scale explosive firecrackers and other fireworks. Even though the use of fireworks can be extremely dangerous if used recklessly, they are an annual tradition for over 45% of Americans. Especially during 4th of July celebrations.
Over 99% of all fireworks are imported from China, which is where they were originally invented. Nonetheless, setting off fireworks during the 4th of July is an inextricable part of American culture. It is also an incredibly lucrative business industry. According to research compiled by the American Pyrotechnics Association, American consumers spend over $1 billion on fireworks every year.
Money is tight in this economy. Over 40% of Americans would be hard-pressed to come up with $400 if they were presented with an imminent financial emergency. For example, the average mortgage payment can be as much as $1,500 for some Americans. Yet, many people set aside money every year just to buy fireworks. You have every right to do whatever you want with your money.
Yet, it is evident that such celebratory investments literally go up in smoke once you pay for them. Some people pay within the $100 to $300 range every year. Many other people are willing to pay $500 to $1,000, every year, just on fireworks. In my humble opinion, there may be better ways to spend your money. Like on an interest generating bank account, for example.
Perhaps a micro-investing app? However, if you are determined to celebrate the 4th of July with a traditional, celebratory fireworks bang, here are some quality retailers to consider.
Overstock Central Fireworks
Overstock Central Fireworks has been selling consumer fireworks for over two decades. Its central retail location, and accompanying warehouse facility, is located in Mishawaka, Indiana. Overstock Central Fireworks sell a large selection of fireworks including handheld sparklers, aerials, Diwali fireworks, Roman Candles, 200-gram and 500-gram fireworks products, and much more.
The company has hundreds of fireworks products for you to choose from. Also, they offer free shipping for orders over $500 for a short time during the 4th of July holiday.
Black Cat Fireworks
Black Cat Fireworks may legitimately be the oldest consumer fireworks manufacturer operating in the United States. The company has been selling fireworks for over 65 years and counting. It all started in 1940 when a Chinese fireworks company called Li & Fung launched a subsidiary company in the United States. The company was called Black Cat and the brand was trademarked in 1952.
Safe Celebrations
Make sure consumer fireworks are legal where you live. You could be fined up to $500, or possibly more, depending on where you live. Also keep in mind that if you damage your home, or someone else’s home or property, using illegal fireworks, homeowner’s insurance won’t cover the damage.
Don’t allow children to play with fireworks. And always set off fireworks responsibly. Every year, over 8,400 people are hurt or severely injured by fireworks during the month of July. Paying for fireworks can be a big annual investment for some people every year. There is no reason to add unnecessary medical bills to such costs.
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Allen Francis was an academic advisor, librarian, and college adjunct for many years with no money, no financial literacy, and no responsibility when he had money. To him, the phrase “personal finance,” contains the power that anyone has to grow their own wealth. Allen is an advocate of best personal financial practices including focusing on your needs instead of your wants, asking for help when you need it, saving and investing in your own small business.