Moving causes a financial burden to many Americans. There are numerous costs associated with moving and reducing them can seem impossible. Common moving expenses include packing boxes, transportation, professional movers and packing supplies. Furthermore, residents who are relocating must consider certain factors that will affect their expenses. These include the day or days of the move, whether they will pack their belongings themselves and how their possessions will be transported.
While packing and moving can be overwhelming, there are steps that residents can take to decrease the costs of their move and thus, some of the stress. For instance, creating a budget is one simple step that can help decrease costs. In addition, residents can plan their move ahead of time and get creative with the packing materials to avoid the high costs of boxes and papers. Keep reading to learn about the numerous ways that you can save money when changing residences.
Create a Budget
One of the best ways for residents to manage their moving costs and spending is to create a budget. When it comes to relocating, there are many expenditures involved whether families move locally or across the country. However, residents’ exact budget will depend on their moving plans and the funds they have available to allocate toward the move. Those with low incomes will likely have fewer finances available to pay for their move. However, creating a small budget will help keep finances in perspective and controlled. This way, residents can avoid overspending on services and products that they did not really truly need.
Creating a budget is helpful for getting a broad view of your finances. It can help you determine which expenses are worth the price and where you can cut costs by doing things yourself. Making an effective budget involves creating a checklist of all the things that you think you might need to pay for. For instance, you may need moving boxes, a truck, transportation fuel and a babysitter if you have young children. After creating the list, it is essential to research and realistically estimate the prices for each expense. This way, there are fewer surprises when it comes to cost and it will be easier to allocate funds for the move.
In order to save money on the various components involved in moving, it is essential to create a realistic plan. Planning ahead involves determining which items and services need to be purchased, rented and acquired. A plan also helps to determine a timeline and a budget. Households that create a plan can save money on numerous expenses such as:
- Babysitting services.
- Moving truck rentals.
- Professional moving services.
Making a plan to book rental or professional services in advance gives residents time to find affordable options instead of choosing any available, over-priced company at the last minute. This is especially true for those who cannot avoid moving during busy seasons such as the summer. Oftentimes, moving companies will offer a discount to residents who book their move in advance.
In addition, determining the length of time a rental truck is needed will help decrease the total cost of it. This is because the household can plan the move around the truck rental instead of overpaying because they did not allocate their time efficiently.
Pack Less Stuff
One of the best ways to save money, especially on long-distance moves, is to simply pack less. Purging possessions may seem like a daunting task, but it will help decrease costs in several ways. First, professional moving companies charge by weight and distance traveled. Therefore, households with more items will likely be charged a higher price for the transport. In addition, residents who plan to use their own vehicles or enlist the help of friend and family to move their belongings will also have to pay more. This is because they must acquire more packing supplies and boxes to store their items during transport. Furthermore, they may have to make more than one trip to relocate their possessions, thus spending more money on fuel.
Items accumulate in residents’ homes over time and many add unnecessary bulk and weight to the moving budget. Paying to move belongings that serve no purpose in the home only add an unnecessary expense. Items that will not be brought to the new residence can be sold online or through a yard sale. Profit made from sales can then be used for moving expenses.
Don’t Buy Packing Supplies
While residents often need moving supplies such as boxes, tape and packing paper, they usually do not need to purchase it. This is because many supplies can be found at home or acquired from family, friends and local businesses. For example, many businesses and local retailers receive shipments and are left with countless empty cardboard boxes. Because of this, residents can easily acquire free moving boxes from their nearby grocery stores, cafes and clothing retailers.
Other packing supplies such as protective padding, blankets and bubble wrap can also be replaced by items that residents already own. For instance, thick blankets or layers of thin blankets can be used instead of packing blankets that may only be used once. In addition, newspapers, towels and clothing can be used as padding instead of bubble wrap. Residents may also be able to borrow packing items from friends and family members instead of purchasing them.
Move During the Off Season
There are slow and busy periods when it comes to moving. Summer is typically the busiest moving season. Families with children typically use the summer time to move before the school year starts. In college towns, the first week of September is often the busiest as students change apartments or relocate. In addition, the most in demand days for moving companies are weekends, mornings and the first and last days of each month. During these busy times, moving and truck rental rates are likely to be the highest. Thus, to ensure the cheapest move, residents should plan to relocate outside of these busy times. If that is not possible, then it is essential to plan ahead of time to ensure a better price.