Thursday, August 17, 2017

3 Thrifty Ways to Save Money When Moving House

save money moving
If you’re on the journey towards improving the health of your finances and getting your wallet nice and fat again, you are probably looking to squeeze a bit of extra cash out of your move. It’s ridiculous that something as basic as having a warm place to call home should cost so much; in fact, Americans spend around a quarter of their income on basic housing - that makes it quite difficult to continue feeding that savings account.

So, you’ve had enough and decided to move somewhere less costly where the amenities are nearby, and people don’t mind leaving their car behind in favor of the bicycle. Here is a handful of money-savvy saving tips to make your move quick and pain-free.

#1 Sell your old electronics

First of all, the more you’re able to get rid of before moving, the easier your life will be. Besides, we can all do with enjoying the freedom of fewer possessions, so take a long and hard look at your old electronics and consider selling them online. You can easily harvest some extra cash from that old gaming console or your iPhone when the newest generation has been unleashed upon the market.

Keep in mind, though, that you shouldn’t sell something you need to spend more money on repurchasing. Anything you can do without or have considered upgrading in any way can be sold to your friends or strangers - and the same goes for any furniture you can’t be bothered hanging onto, as well as those clothes you’ve barely worn.

Somebody else will love it more, and you can enjoy the extra money.

#2 Renting or buying?

Everyone talks about buying over renting, but it’s not always the best way to go. You can, in fact, save a bit of money by choosing to rent - and it’s a lot smarter if you’re the restless type who would love a good trip abroad once in awhile without having to find tenants for your home and embark upon the adventure of being a landlord. 

You can easily find a great apartment for rent in a neighborhood that is not necessarily going to break the bank - and if you realize that it’s a bit more than you can afford, it’s a lot easier to find a new place to rent rather than the tedious process of selling your home.

Sure, there are benefits to buying a home as well, and it all boils down to what would work best for your current lifestyle.

#3 DIY and call your friends

When you have various furniture and kitchen appliances to transport, it’s usually a good idea to find a decent moving company. The professional movers will usually come with insurance on your beloved furniture and can help you with the process of moving in general.

If you don’t have that much to move - or you just dread the thought of spending, even more, money on hiring professional, you can easily make it happen on your own. Just move slowly, break the process up into smaller and more manageable loads, and get some help from your friends to carry the heavy stuff.

If you’re lucky enough to have a lot of helpful friends, you can even gather the whole crew and move everything at once. Sneaky - but quite smart.

Moving houses can be both stressful and expensive, but it doesn’t have to be. Just plan ahead and make it a slow and steady move; by the time you’ve settled into your new home, you will have a lot of money left to spruce things up again.

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