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How To Save Money While Moving

Aug 09, 2022 Buying A Home

There’s a lot to plan for when moving to a new place, especially financially. Read our blog to see how you can save money during the moving process.

Couple sits on couch and tapes up moving box.

It’s a big world, and whether you’re moving halfway across it or to the other side of town, you may wonder how much it’ll cost you to get all your possessions from one home to another.

Moving Date Matters

The more time you have to prepare for a big move, the better. Your moving date can mean as much to your bottom line as your method. If you have any say in the matter, pick a moving date that steers clear of the prime moving season – summer (Memorial Day weekend through Labor Day weekend in the United States). Additionally, weekends are likely to be more expensive than weekdays, so do your best to schedule a moving date when there’s less competition for moving company resources.

Purge Excess Inventory

Whether you’ve been in your current home for a few months or decades, you’ve likely picked up some items you no longer need. While much of this is waste that you’ll want to dispose of, you might find it easier to sell or donate some of your still-valuable items to save you time, space, and moving costs when it comes time for your move-out date.

Consider Your Options

Not all ways of moving are created equal, and your needs aren’t necessarily the same as your neighbor’s. For example, if you have a light load and a short drive, you might be able to move your belongings with a simple rental truck. However, more stuff and longer moves require greater assets, and you’re likely to need to rent a portable storage unit or hire a moving company. No matter what situation you find yourself in, you’ll want to weigh your options and find help suitable to you and your budget.

Beware Of Hourly Rates

If you end up hiring a moving company, be sure to pay by the job and not an hourly rate. Hourly rate totals can skyrocket if you get stuck in traffic, need to make multiple trips, are delayed due to weather, or end up with a couple of slow movers.

Learn To Bargain

If you go to a grocery store to get a loaf of bread, they’re going to have the price marked for you, and that’s what you’ll pay to buy it. Moving companies, however, are fighting for your dollar, and they’ll do whatever they can reasonably do to obtain your business. Request quotes from moving companies, ask them how you can lower your cost, and make sure they know they’ve got competition looking over their shoulders. You’re not likely to hurt anyone’s feelings as you seek to find a bargain from a moving company, but make sure you do your research and find a reputable company that will get the job done for the best price available.

Do It Yourself Or Ask Your Friends For Help

Moving is a hassle, but it helps to put effort into the matter if you want to save money. The more you can do without the aid of companies that require payment, the more you can save for other issues. While few people enjoy the rigors of cleaning rooms, packing boxes, and lugging furniture in and out of buildings, friends and family members are often willing to lend a hand to those they care about, so don’t be afraid to reach out for help.

Summary

If you’re in a position where you need to move, you likely want it to cost as little as possible. So use these tips and remember to be flexible and creative while staying within your budget.

 

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