Budgeting for Your Next Move

Budgeting is one of the most important skills you can learn as an adult. It is not only limited to your monthly expenses. You can also create a budget for one-time events such as moving. Most people move a handful of times in their lives. As a result, you might not know how much it’s going to cost until you get started.

1. How Much Do I Need to Move   

The cost of moving is highly dependent on your area. If things cost more where you live, so will move. We recommend doing some research ahead of time. You could probably make some price comparisons as well. That way, when it is time, you can move while spending as little as possible.

The Cost of Moving Can Vary Substantially:
It could cost under $100 to move or several thousand. Ultimately, the price will vary depending on many factors. Do you plan on hiring people to help you move? Would you like to rent a truck? The answers to these questions, and more will all be important.

2. Creating a Moving Budget   

First, you need to figure out what you will be spending money on. Typically, the amount that you spend will depend on how far you are moving. Hopefully, you already own vehicles large enough to carry most of your things. That way, you do not have to worry about renting a truck.

Distance Moved:
Do you know where you are moving to? If you do, that will help you a lot. Many of the costs associated with moving change depending on the distance. The farther you go, the more it will cost.

Truck Rentals:
Do you have a lot of large furniture? If so, you might need to rent a large truck. These are big enough to carry most of your items, but they can cost a lot to rent. You should also consider whether you are going to hire helping hands. Those can add it to your expenses substantially.

3. Moving Tricks and Tips   

Is this your first time moving? It’s normal to feel a little anxious when you move. You are transitioning into an entirely new environment. However, it is possible to move without spending a ton of money. As long as you follow this advice, you should not have a problem.

How Much of the Work Can Be Done by You?:
We recommend doing as much of the work as possible yourself. That way, you do not have to hire additional help. The cost of labor will always be one of the most significant expenses associated with moving.

Do You Have Any Friends With a Truck?:
Just because you do not own a large vehicle does not mean that you must rent one. Most people know at least one friend who owns a large truck. Consider asking them if they would let you borrow it. Even if they want something in return, it will likely be far less than what it would have cost to rent a truck yourself.

Consider Selling Your Vehicles:
Do you know how much it costs to ship a vehicle across the country? It could cost as much to ship your car as it does to ship all of the rest of your belongings. Why don’t you consider selling it before moving? Selling your car would bring in some additional cash and eliminate the need to ship it.

Call Around to Compare Utility Companies and Create an Account Before Moving In:
Before you get to your new place, you should set up your utilities. When you get there, all of the lights will be on that way. Compare Peco Electric Suppliers with other PA companies in your area. By doing this, you can find the most competitive rate. Lower utility bills are always nice.

How to Stick to a Budget During Your Next Move  

Sticking to a budget is all about your commitment. As long as you have a little self-discipline, it’s not that difficult. Push the thought of spending money out of your mind. When you get distracted, remember why you made a commitment in the first place.