Relocating is one of the most stressful events modern people face. Statistics show us that moving is rated as more stressful than any other life event (that you plan for) such as having a baby, starting a new job or getting married. Despite the stress, 35 million Americans move each year and there are several ways to minimize the stress on your finances.
If you own a single-family home, townhouse or condominium, it can be much more difficult to move than if you are renting. Most Americans can’t afford to hold on to two places at once. Some experts recommend that you rent in the new area while your old home is being sold. That way, you won’t be stuck with two large mortgage payments each month. It also gives you time to find the right neighborhood in your new city.
How to Pack
You may save money in the short run by packing yourself, but it can cost you more in the long run if things are broken or damaged during the move. Federal law requires professional interstate movers to offer two different liability choices: full value protection and released value. With full-value protection, the mover is liable to pay the replacement value of lost or damaged goods. This can protect you and your belongings in the long run.
Even if you do choose to hire professionals to help you move large items and the bulk of your belongings, carry precious items, such as jewelry, with you to the new location. You can never be too careful.
If you decide to pack everything yourself, remember that boxes, duct tape, wrapping paper, and bubble wrap all cost money. It’s smart to consider that some movers will include this in the moving price. If you want to save money, get boxes from a liquor store because they are most likely sturdy and durable. Do your research on area movers and weigh the costs and benefits of doing it yourself, and try to recruit some willing friends!
When moving, you will generally be charged by the weight of your items, so plan to get rid of as many of your possessions as you can, especially older clothes and appliances. If you can measure your new home or get a detailed floor plan, figure out which items will work well in your new space. Also be sure to label each box well so that you don’t need to replace items.
It also may be a good idea to ask your employer for reimbursement of your moving costs. Not all companies still offer this, but it’s definitely worth it to ask.When you’re making a new home, careful planning can be the difference between saving and spending more. The more you research ahead, the more money you can save.