Moving Guide to Budgeting for Relocation
Few people realize just how expensive moving house can be and unless you want to end up with a huge moving bill it's very important that you put together a budget before you start, so that you know what services you can and can't afford.
Most people are so busy packing and thinking what to take or leave when transferring to a new location that they tend to forget to really budget their money to save them the trouble of paying a huge amount after the move. Here are a few Moving Guide tips on how to budget your money.
Our Budgeting Tips for Moving will help you to figure out a moving budget and also offers tips for how you can save money when moving. So, what's going to cost you money?
Here are the main points to consider when calculating your budget:
1. Hiring a Professional Moving Company - hiring professionals can be costly, but there's no doubt that this can save you time and headaches.
a. Before you decide which movers to hire, get quotes from varies movers. Use our Instant Moving Quote for a hassle-free way of receiving quotes from a number of suitable companies.
b. Don't forget to factor in other moving company costs as well. Make sure you read the small print so that you don't find you're paying for something you didn't know about.
c. Decide whether you want to use their packing service.
d. Also ask about any other costs which might pop up such as extra fees for moving heavier or difficult items, whether they charge extra for accessing an apartment on a high floor and whether they will have any trouble getting the truck to your property - if they do you may have to pay extra for a small shuttle truck.
2.Moving Yourself - this should certainly be cheaper than hiring a moving company, but before you jump in for the cheaper option, think carefully about whether you can actually do this yourself. Read our Top Tens to find out our recommendations.
a. Truck Rental fees may sound like a great deal on the face of it, but watch out for all the other costs you might incur too. Book early for the best deals.
b. Extra mileage is a charge presented by all truck rental companies. It's hard to find a company who offers unlimited miles. If you're moving across town this won't be too bad, but if you're moving inter-state this can really add up.
c. Factor in the cost of gas. Use a mileage calculator to work out how many miles you'll be going so that you know how much the gas is going to cost you.
d. Think about whether you would like to use additional services, such as renting a loading ramp or a dolly, as well as furniture covers.
e. Insurance costs. Do you need extra insurance? Check with your credit card company if you have vehicle rental insurance as an extra benefit; moving companies present this and it's an extra savings to you.
3. Transportation - if you're just moving across town, this really isn't an issue, but if you're moving inter-state, transportation costs can quickly add up.
a. Decide whether it would be best for you to fly to your new town, and try to book flights as early as possible for better deals.
b. If you're driving, remember to include the cost of gas, wear and tear on your vehicle, road tolls, breakdown assistance.
c. Will you need accommodation en-route? Plan your overnight stops in advance so that you can research the cost of motels and hotels and make bookings so that you're not searching around late at night for vacancies.
4. Packing and Storage - if you're moving yourself, remember to factor in the cost of packaging supplies.
b. Consider whether you'll need to pay for storage and compare costs here too to find a good deal.
5.Selling and Buying house Costs - don't forget all the additional fees associated with selling or buying a house. You should include all these fees when budgeting.
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