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How to Save Money When Moving

Moving to a new home can be expensive. You’ll need to not only hire professional movers or rent a truck but also purchase packing materials and set up new utilities in the home you will be moving into. With careful planning and savvy strategies, this monetary burden can be curbed steeply. How? We tell you.
How to Save Money When Moving
Moving houses is a very expensive affair, and needs to be tackled strategically. You can make this process smoother and save money with strategies offered in the guide. 
In this article

Moving to a new home can be expensive. You’ll need to not only hire professional movers or rent a truck but also purchase packing materials and set up new utilities in the home you will be moving into. However, with careful planning and savvy strategies, the monetary burden related to moving can be brought down steeply. In this blog, we shall examine 34 practical ways to save money when moving so that the hit to your bank account is minimal.

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34 Best Ways to Save Money When Moving

Plan Ahead

All cost-effective moves are based on a thought-out plan. Be proactive and identify the possibilities for expenses with strategies to minimize them.

Declutter Before Moving

This is an effective strategy to reduce costs while moving houses. Go through your belongings and eliminate stuff that you no longer need or use.

Not only will decluttering lighten your load, it might also save you money on packing materials and transportation.

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Compare Moving Companies

If you must hire professional movers, get estimates from many companies before making your final choice. Seek detailed estimates that include all charges: those for packing and loading, for transportation, and for anything extra that will be required. Try to bargain for the charges and even avail companies offering some discounts or package deals.

Move During Off-Peak Times

Most moving companies charge higher during the summer months or weekends. If your schedule allows, consider moving during off seasons—say mid-week—or in the fall or winter when demand is low and prices are more affordable.

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Rent a Truck or Van

Renting a truck or van might actually just be a better deal for smaller jobs or a “do it yourself”-type person. Shop around between rental companies and plan ahead to get the best rate.

Ask Friends for Help

Get some of your friends or family members to help you pack, load, and unload where necessary. That way, you save incurring additional costs of laborers and get to have a social event with your friends while moving.

Use Free Packing Supplies

New moving boxes, bubble wrap, and other packing supplies add up fast. Look for gently used free boxes from grocery stores, liquor stores, or online marketplaces. You can also make do with items like towels, blankets, and newspapers for padding and wrapping.

Pack Yourself

Well, you can hire professional packers, but they come at a good cost. Save a little money and take over the packing of your items by yourself. This will not only cut labor costs but let you pack items the way you want it.

Label Boxes Clearly

Label your moving boxes clearly with the contents and destination room, so during unpacking, you won’t waste time and effort. You will also minimize chances of misplacing or damaging items.

Use Towels and Blankets for Padding

Other than buying bubble wrap or packing peanuts from the store, one could make use of towels, blankets, and any other household pieces of cloth that may serve as padding and safety for delicate items when moving.

Opt for Partial Packing Services  

If you don’t feel like packing everything by yourself, full-service movers are also available for partial-packed moving services. Or full-service movers can offer you this, allowing you to prepare the non-fragile stuff while they package those that are delicate or of value.

Downsize Your Vehicle  

If in any case you will have to move the stuff by yourself, then consequently downsize the vehicle to something smaller, or consider renting a better fuel-efficient vehicle. The strategy can help you save money on gas expenses.

Shop Around for Storage Units  

If you need to store some of your belongings for a while, use different storage facilities in the area to get the best rates. You may require just a smaller unit or share one with a friend/family member and the cost.

Sell or Donate Unwanted Items  

Before moving, go through all your staff and sell or donate that which is of no value or interest. It gives you the opportunity to declutter. You might even get a chance to make a yard sale or get a write-off for taxes.

Negotiate Utility Transfer Fees  

Bear in mind that some utility companies have charges if you are transferring services to a new premise. If such charges apply to you, please negotiate with your providers for a waiver or reduction, as they’re usually negotiable.

Cancel Unnecessary Services  

Consider canceling your subscriptions, memberships, and services that will be redundant or unnecessary at your new location. This may include gym membership, subscription to cable, satellite TV, and streaming services.

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Pack Snacks and Meals  

Rather than trying to wing expensive takeout or dining out through a bunch of moving days, pack lots of snacks and simple meals that can be eaten on the run. It’s not really the time for cooking and cleaning up messy dishes.

Use Frequent Flyer Miles or Rewards Points  

For far distances where air travel is to be included or reservations for lodging are to be done, then utilize your frequent flyer miles or accumulated credit card rewards points to pay for a part of the fares.

Shop for Secondhand Furniture  

Instead of buying new furniture at a new place, look for secondhand options. Often, thrift stores, garage sales, and online classifieds can feature gently-used items at a good discount.

Negotiate Rent or Mortgage Payments  

When renting, feel free to haggle for incentives from the landlord or seller, as they may agree to lower your security deposit, waive a few fees, or give you a special rate if you sign a lease longer than usual or pay several months’ worth of rent in advance.

Update Address Early  

Inform all your companies, subscriptions, and service providers about the change of address in advance. You don’t want that stuff ending up on the doorstep at your old place later down the line. Many companies will charge extra for mail forwarding or address updates afterwards.

Research Moving Tax Deductions  

You can claim moving tax deductibles depending on the situation. Consult a tax professional or IRS guidelines to see if any of the moving expenses qualify to be cut down.

Minimize Travel Costs  

If you are moving some distance away, try out alternatives to driving, such as traveling by train or bus, which may work cheaper than airfare. Sharing rides with friends or family members or carpooling can help cut costs of fuel and tolls.

Ask for Discounts  

Don’t shy away from seeking discounts or bargaining with service providers such as movers, rental agencies, and utility companies. Most businesses will do so very willingly since you happen to be their loyal customer or when a package is got to cover various services.

Stay Organized  

This will save you time, effort, and money in the long run. Maintain a timeline, record expenses, and never fall behind so that errors or delays don’t get expensive.

Choose Energy-Efficient Appliances  

In case you’re buying new equipment for your new home, switch to energy efficient versions. They may have higher upfront costs but can save money in your electricity bills.

Sell Unneeded Vehicles  

If your new residence can’t accommodate more than one vehicle, consider selling your extra vehicle. You’d need the cash inflow from the vehicle sale. 

Install Programmable Thermostats

Programmable thermostats save money on energy bills because they automatically change the temperature while one is away or at sleep hours. Such small investments usually offer big, long-term savings.

Invest in Insulation

Proper insulation can make a difference in how your house uses energy. You might also want to consider an insulation upgrade or new insulation in your newly built home to reduce your heating and cooling costs.

Reduce Water Usage

Begin by using water-saving fixtures such as low-flow showerheads and taps; they will save you from paying a lot of money for water. Adjust consciously where you can.

Cook at Home

It’s easy to spend money on eating out or ordering take-outs. Promise to cook more meals at home than you usually do, not just during the moving process but after you move into the new place. This can help cut expenses and time spent on food.

Grow Your Own Food

If your new place has space for a garden, consider growing fruits and vegetables. Not only will you save money on groceries, you’ll also include fresh, organic produce in your diet.

Use Public Transportation

Public transport saves a lot of money as it helps you avoid expenses of gasoline, vehicle insurance, maintenance, and parking expenses.

Practice DIY Home Repairs

Do not always hire professionals for every repair or improvement job at your home; you might as well do it yourself. There are so many online tutorials and manuals, including videos, which will enable you to acquire a new skill and save on labor.

Conclusion

Moving houses is a very expensive affair, and needs to be tackled strategically. You can make this process smoother and save money with strategies offered in the guide. 

Never discount the power of small changes or adjustments. From decluttering to using free packing supplies and from negotiating rates to finding DIY solutions, all the tactics may provide you with big savings upfront and add up significantly in the long term. By learning to cook from home, saving on energy and water, you can also set the foundation for your long-term financial stability.

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Johnathan James

With over 11 years of experience, Johnathan started his writing career as a copywriter. Coming from a finance and management background, he excels in covering financial topics. When he's not spurning out fintech content, you will find him playing football, basketball and racing.

Editor

This page is purely informational. Beem does not provide financial, legal or accounting advice. This article has been prepared for informational purposes only. It is not intended to provide financial, legal or accounting advice and should not be relied on for the same. Please consult your own financial, legal and accounting advisors before engaging in any transactions.

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