How to Set Up a Moving Budget |
So you're moving. There are lots of things to think about, but a good place to start is by setting a moving budget to estimate what your moving expenses will be. Your moving budget will depend on how you're going to move - whether you're going to hire a moving and storage company or rent a moving truck to do the work yourself. But no matter which you choose, it all comes down to finding moving money savers to keep moving costs low.Moving Budget - Planning to Move YourselfMoving boxes and supplies. Check moving truck rental websites for guidance in estimating the number of boxes and supplies you'll need. Most sites offer moving packing tips and ideas on how to save money when moving. Some moving truck service companies even buy back boxes you don't use. Also, be sure to research self storage facilities and their associated costs if you need to store any extra belongings. Moving truck rental and moving equipment. Rental rates for moving trucks are based on the size of the truck you need and the distance you're traveling. Moving truck rental companies will be able to estimate your gasoline costs, or you can search for a fuel calculator online to estimate this cost yourself. Include costs for extra equipment rental such as hitches, dollies, and furniture covers. Moving Budget - Hiring a Moving and Storage CompanyFees from your moving and storage company. To get the biggest bang for your buck and save money when you move, get three estimates for moving costs. You may discover a cheap moving company with a great reputation that fits your moving budget, or you may choose a larger moving and storage company which offers a variety of discounts and moving services. Fuel charges and labor costs should be added to your budget. Planning for extra moving costs and services. You should get an estimate from moving and storage companies for moving appliances, pianos, antiques, or any especially difficult items to move. If you're traveling a long distance to your new home, you may also have to pay extra for flight, long haul, and long carry charges. Discuss these items with the moving company when you get your estimate. Also, add moving expenses for the cost to have the movers pack or unpack your belongings for you. Purchasing Moving InsuranceFor peace of mind, it's a good investment to get moving insurance against damage, loss, or theft before you move, especially for valuable pieces. Talk to your auto or home insurance agent, or check with the moving truck rental company for rates. Add a Five to Ten Percent Contingency to Your Moving BudgetOnce you've totaled your estimate moving expenses, it's wise to add an additional five to ten percent of your moving budget to the bottom line. You'll almost always encounter unforeseen moving costs - even if it's just buying extra boxes and supplies or the price of gasoline fluctuates. |
