How to Financially Prepare for Moving

7 years ago | Posted in: Business | 671 Views

Moving can be expensive.  Depending on how far you move, the cost can range from as small as a few hundred dollars to thousands of dollars.  If you are planning to move, you might feel stressed about all of the financial details.  Fortunately, there are many ways you can get yourself started.  Here are ways you can financially prepare for moving.

Budget

If you have set the plan to move, it is time to create a budget that can help you move successfully.  In order to do so, you will have to look critically at your current expenses.  Use an app such as PocketGuard in order manage your budget right from your smartphone, tablet, or laptop. Have instant access to your expenses by checking up on your budget app anywhere at anytime.  By doing so, you can quickly understand how much you typically spend money in a week or month.  With this, you can start to delegate what you should and should not spend money on.  You may decide to go out less to restaurants, or choose to cancel that gym membership for the time being.  Consider budgeting your groceries by cutting back on unnecessary items.  While it may seem restrictive now, it will be worth it to have a smooth moving process in the long run.

Chart Out Your Road Trip

If you decide to move by car, there are many things to consider.  First, you will have to decide which moving company to use.  Then, you will have to figure out whether you want to drive yourself or hire movers to move your belongings for you.  Finally, you will need to chart out the most cost and time-efficient course to take to your destination.  If you are moving from one city to another that is not too far, this shouldn’t be difficult.  However, for longer trips, this can pose a lot of planning and effort.  Consider a company like PODS, which specializes in long distance moving.  Create a route that allows you to sleep, eat, and get gas at rest stops without straining from one town to another.  Should you choose to move yourself, it is all in your hands.

Sell What You Don’t Need

While it may take a lot of work, selling what you do not need can be a liberating and profitable experience.  When you move, it is time to let go of the nonessentials.  Save yourself a lot of packing and unpacking time by selling the disposable furniture, old clothes, and anything else you don’t need.  When sorting through your things, think about whether you can’t just find it where you are going, like a simple coffee table.  Separate your things into “yes,” “no,” and “maybe” sections.  The goal, of course, is to have more in the “no” section to save yourself more time.  In addition, selling your old knickknacks, clothes, and furniture will put some extra cash in your pocket that can help you on the road and even by new furniture when you arrive.

Decide Whether You Need a Car

If you have an old clunker, or you are moving to a city with efficient transportation that allows you to forego a car, then you may want to sell your vehicle.  Selling your car will give you a huge financial boost to start you out with after you move in.  You can choose to sell your car privately on social media websites, or you can sell your car quickly and efficiently with a service like CarBuyerUSA.

Bring in a Second Income in the Meantime

Moving can be strenuous and time-consuming, but it may be worth working an extra job in the meantime to start you off on the right foot when you move in.  You may prefer to work as a babysitter or dogsitter for extra income.  Alternatively, you can pick up a serving position at a local restaurant or even become a tutor for a student.  There are many avenues available to you that will become excellent short-term endeavors.

When you move, it is smart to think about your finances.  Preparing your budget is a great way of improving your experience when you move to a new place.  Follow these steps and you will be sure to give your move the right start.

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