Tips for Saving Money on Your Upcoming Move

Moving is already stressful enough as it is without the added expense of the endeavor. What makes it worse is that moving can be more expensive than you originally planned. While you’re working with Austin insurance agents to change your policies over to your new address and make any necessary adjustments to your coverage, take out some time to learn a few tips for reducing the overall expense of your upcoming move.

Map Out a Budget

Rather than getting a general idea of the cost of moving, know for a fact what exact costs you’ll incur. Sit down and create a budget for moving truck rentals, final utility payments, cleaning costs, moving supplies, meals if you’re waiting to buy groceries again until you move into your new space and gas for making trips back and forth from your old place to your new place. It’s even better if you overestimate the cost.

Try Not to Buy Boxes

Chances are good there are free moving boxes in your area. Ask your friends and family if any of them have recently moved and have some boxes they’d like to get rid of. Social media is another good source for finding free moving boxes. If you need smaller boxes, hit up local liquor stores to see what they have for you. Liquor store boxes are strong enough for hefty glass bottles, which means they’re sturdy enough for moving.

Shop Around for Movers

If you have to hire movers to help you out, do your research before hiring anyone. Gather quotes from at least three companies, and see which company has the best reputation. Know that while it might seem less expensive to handle your move on your own, doing so might actually cost you more in the long run, and you also have to think about the fact that experienced movers know the best techniques to use to protect your belongings and furniture so you don’t damage them and have to replace them once you’re settled in your new place.

Don’t Forget to Budget for After Your Move

Once you’ve moved into your new place, you might not be done spending money. For instance, you could need a few odds and ends for your new residence. You might also have to pay activation fees for utilities. Did you move out of an apartment? Not only is there a chance you won’t be getting your deposit back, you might owe more money to cover your move-out fees. Additionally, your insurance rates might be more expensive in your new neighborhood, which is something else you’ll need to account for.

Get Rid of Old Items

Now is a great time to go through your belongings to figure out what you want to keep and what you want to throw away, donate or sell. Remember: the less you have, the less you have to move, which could result in some serious savings. Have a yard sale before your move to make some extra cash, and donate any items leftover for the tax write-off.

Talk With Your Accountant About Moving Deductions

Depending on the criteria surrounding the move and your employment situation, there’s a chance you could get a tax deduction for your move. For this reason, you’ll want to keep close and careful track of all your moving expenses and share them with your accountant.

Extra Insurance Might Come in Handy

Imagine breaking your TV, a prized vase or an expensive piece of furniture during your move. You might have renters or homeowners insurance, but filing a claim between moves could be tricky. Look into insurance specifically designed for moves. Paying a few extra dollars could keep you from spending a few hundred dollars to replace your broken or damaged items.

Be sure to put these suggestions to good use to save on your upcoming move.

 

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