Ways to Lower Your Moving Budget 2019
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Ways to Lower Your Moving Budget 2019

EPF December 17, 2018

Movements are made both locally and internationally. However, finding a home in your dream neighborhood is one thing, and the moving process is another one. One should be cautious while planning on the relocation process since it can be tedious and stressful especially if prepared in a fortnight. Are you afraid of the high costs of relocating? Do not abort your plans since this content will leave you sorted. Below are incredible hacks on how to reduce the moving expenses in 2019.

Buy a moving insurance
Although this is an additional expense, it’s essential especially when you are moving valuable goods. Do not entrust anybody with your precious belongings since a human being is to error. Grab a moving insurance cover to ensure that you get covered in case of relocating losses and damages

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Find the appropriate moving time
Avoid moving when everybody else is doing so. For instance; on weekends, holidays, on summer, the beginning of the month, end month, last day of school holidays since people are moving to prepare for the coming semester.  To fight the traffic and high costs try relocating on winters, weekdays, or mid-month.

 

Mind your moving deadline
Take your time before moving out. Ensure that you select a day that won’t push you into paying an extra month rent at your present home. Secondly, it’s wise to approach and book a moving company on time since the majority of movers’ charges discounted prices if you book summer relocation during a different season. Secondly, conduct all the legal processes with your new homeowner on time to save yourself from disappointments experienced when you find your house accommodated by a different tenant.

 

Decide on the moving process
If you prefer using the mover’s services, you can research on an affordable, reputable moving company from friends and relatives or online. Another brilliant idea is hiring large vehicles or hauls and a few hands men to help you load and offload. A capability to drive such trucks is an added advantage since you will only need to rent it and save on the driver costs.  If you cannot afford any of the mentioned options, you can organize a small moving party where your friends and relatives will offer a hand at an exchange of food and drinks. Be cautious while contacting very cheap movers since they may mishandle your belongings resulting in breakages of fragile items which may demand a replacement and repair costs after getting into your new home.

 

Create a detailed budget
Now that you have decided on the moving process, establish a budget to ensure that you don’t spend beyond your means. If you choose on moving by yourself, make a realistic budget with the cost of hiring vehicles, gas, and miscellaneous expenses once you get to your new residence.  Choosing on hiring a moving company is a brilliant idea since you only need to research on a reliable and affordable one. That way you will be safe since you will have a fixed budget. If you are contacting your friends and family, keep track of every cost to avoid disappointments. Before settling on replacing the old items with new ones, conduct a window shopping to confirm affordability. To cut the replacement costs, consider selling your used items instead of trashing them.

 

Negotiate on the moving costs
Once you spot your preferred mover, you will lose nothing by negotiating on the prices. Remember, the moving business is very competitive, and nobody would imagine losing an interested client. Believe me not, once you push them to the edge, they may offer you tips on what to eliminate or minimize to fit in your budget. Booking for the services earlier may provide you with a chance for negotiations. Ensure that you are informed on the company reputation before entrusting them with your belongings.

 

Avoid scammers while relocating
Before entrusting a specific mover with your properties take precaution since a lot of scammers have invaded the field. The other day a colleague lost all her properties while relocating. To identify a genuine mover, ensure that the USA Department of transportation licensed it and whether it belongs to AMSA and BBB professional organizations. You should also be cautious while selecting the moving hand-men since entrusting scammers may expose you to risks of losing your items. To confirm this, you can seek recommendations from close friends or relatives. If not, you can request for their ID numbers for quick follow-ups in case of anything.

 

Pack your belongings by yourself
Moving out shouldn’t be urgent. Pack your belongings by yourself to save on the packing expenses, and have quick access once you reach the new home. There is no need to hire professional packing services to pack your clothes, shoes, books, mattresses among other personal belongings. Besides that, packing by yourself minimizes the risk (of losing valuables) incurred when you entrust strangers with the activity.  However, you may need professional packers if you are moving with valuables such as pianos, electronics, hot tub, among other valuables. If you own a home library, it would be cheaper to ship the books and magazines via postal offices to save on space and the unpacking resources.


Avoid moving with trash and non-required belongings
If you considered hiring movers, its advice to get rid of all non-useful belongings such as old bags, utensils, and furniture since such companies equate the moving costs with weight and the distance covered. Trashing should be done before the big day to avoid it being confused with your personal belongings. Remember, movers may not advise you towards it since the more the possessions, the more their benefits.

 

Do not spend a thing on packaging boxes

These are some of the costs you can eliminate. Borrow the packaging bags from friends and relatives. Another brilliant idea is borrowing some boxes from your nearest stores and supermarkets. If they aren’t enough to squeeze some items on buckets, wrappers, bed sheets on wrapping utensils, containers, suitcases, luggage bags, and even paper bags to cut on the packaging containers.

 

Label your packaged boxes
Moving out should not be urgent. Ensure that you label your boxes appropriately to prevent duplicate purchases of toothbrushes; toiletries among other household necessities when you get into the new home and quickly identify any missing box. This will perfectly work if you write down a paper list where each box number corresponds with its contents.

 

Take advantage of the tax break
If you are relocating due to a job change or transfer, you can contact the tax preparer to deduct storage, transportation, travel, and lodging expenses incurred while moving to a new home. Confirm your qualification status by visiting the IRS guidelines.

 

Defrost your refrigerator
If you are moving with your fridge, consider defrosting it 48 hours before the due day. The activity will protect your valuables from catching the smelly water from the refrigerator and freezer.

 

Prepare for the unknown
Before relocating it’s appropriate to first research on common mistakes that can lead to the nullification of your cost-reduction effort. Being vigilante on every activity may save you from any recklessness that may lead to breakages and losses which may demand extra costs.

 

Prevent property damages
Ensure that your properties do not get exposed to avoidable breakages. This is manageable by using proper moving tools and equipment, having enough assistants, and use quality packaging boxes. Remember, any damages will demand repairs or replacements once you get into your new home.

Obtaining a security deposit refund
The cash may cater to some of the relocating expenses. To ensure that you get a deposit refund from your landlord, take clear photos on the home while renting and while moving out, ensure that you acquired written permissions for alterations made in the building, read and understand the tenant’s agreement before entering the house. Failure to follow the property’s regulation may force the owner use your refund on compensating for damages incurred in the building.

 

Clean up your old house
After loading your belongings into the moving truck, get back to your former residence and have it cleaned. This is to ensure that, you didn’t leave behind any valuable. Try to revisit places you store tiny valuables like jewellery and keys. Once you conscious get cleared, you can move into your new home. Though tedious, you can write down a list of your belongings and tick after packaging.

Relocating should not be a single day decision. If the process is not well-planned, the activity can be costly and strenuous. If there is an urgent need to relocate, consider leaving your belongings behind as you decide on what to do. In case of a job transfer, let the employer incur the cost. Alternatively, you can compare the moving expenses with the value of your items and plan on whether to give out or move with them. In case you choose to relocate with them, apply the above cost reduction tips to actualize your dream.

Elite Personal Finance

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