How to Save Money When Moving?

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Picture this: You’ve just signed a lease on a new apartment, excitement bubbling over as you imagine your life in a new space. Then reality hits—moving is expensive. But don’t worry! With some smart planning and insider tips, you can significantly cut down on moving costs. This article explores how to keep more money in your pocket during your next move.

Plan Ahead

The key to a budget-friendly move is early planning. Start preparing at least two months before your moving date. This gives you ample time to research, compare prices, and make informed decisions. By avoiding last-minute scrambles, you’ll sidestep premium prices for rushed services.

Declutter and Sell Unnecessary Items

Before you pack a single box, take a hard look at your belongings. Do you really need that treadmill you haven’t used in years? Now’s the perfect time to declutter. Not only will you have less to move, but you can also pad your moving budget by selling unwanted items. Try listing furniture or electronics on platforms like Craigslist or Facebook Marketplace. For smaller items, consider hosting a yard sale. Remember, less stuff means lower moving costs and maybe even some extra cash in hand.

Compare Moving Companies

If you’re opting for professional movers, don’t settle for the first quote you receive. Get at least three estimates from reputable companies. Ask each about their insurance options, any additional fees, and their policy on broken or lost items. Don’t forget to inquire about discounts—some companies offer lower rates for moves during off-peak times.

Keep your search local for the best fit coming company.  For example, say that you live in the city of Boston. In order to identify the best moving company in Boston, you may want to get multiple quotes and read reviews before you make your selection.

Consider a DIY Move

For the budget-conscious, a DIY move can offer substantial savings. Renting a moving truck and enlisting friends can cost significantly less than hiring professionals. For instance, a local move with a professional company might cost $1,000, while renting a truck and buying pizza for your helpers could run you only $300. However, weigh this against the time and effort involved—sometimes, the convenience of professional movers is worth the extra cost.

Timing Your Move

Did you know that moving costs can vary dramatically depending on when you move? Summer months and weekends are peak times, with higher prices to match. If possible, aim for a mid-week, mid-month move during fall or winter. According to moving industry data, you could save up to 30% by moving on a Tuesday in November compared to a Saturday in July.

Packing Strategies

Packing supplies can add up quickly, but with some creativity, you can cut costs. Use towels and linens to wrap fragile items. Suitcases are perfect for books and heavy items. For free boxes, check with local grocery stores, liquor stores, and bookshops—they often have sturdy boxes they’re happy to give away. And don’t forget to save newspapers for weeks in advance to use as packing material.

Utilize Free Resources

Speaking of free, there are numerous resources available if you know where to look. Check online community boards or apps like Nextdoor for neighbors giving away moving boxes. Stores like U-Haul often have a “take a box, leave a box” program. With a bit of effort, you can gather most of your packing materials for free.

Save on Utilities and Services

Don’t forget about your utilities and subscriptions when moving. Cancel or transfer services in advance to avoid paying for utilities at two locations. Here’s a quick checklist:

  • Electricity and gas
  • Water
  • Internet and cable
  • Streaming services
  • Gym memberships
  • Magazine subscriptions

Take Advantage of Tax Deductions

While moving expenses is no longer deductible for most people, there are exceptions. If you’re an active member of the U.S. Armed Forces moving due to a military order, you may be eligible for deductions. Always consult the latest IRS guidelines or a tax professional to see if any part of your move qualifies for tax benefits.

Moving doesn’t have to break the bank. By planning ahead, being resourceful, and making informed choices, you can save hundreds, if not thousands, of dollars on your next budget-friendly move. Remember, every dollar saved on moving is a dollar you can put towards making your new house feel like home. Happy moving!

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