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Home » 5 Money Saving Tips When Moving Home

5 Money Saving Tips When Moving Home

Allan LiwanagbyAllan Liwanag
November 20, 2018
in How To Save Money
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This post contains affiliate links. If you click and buy, I may receive a small commission. Please see my full disclosure policy for details. 

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An increasing number of homeowners in North America are selling up to move into a new home. Some do it for downsizing reasons. Some do it because they want to move to a different state.

Needless to say, people have different reasons for moving from one home to another.

While buying a property can be one of the most costly purchases of our lives, that doesn’t necessarily mean we should not be sensible in what we spend when moving.

Think about this scenario: you are applying for a loan online, and you would rather not spend more than you have to in interest payments. You have the option of shopping around for better rates. When moving, the same theory should apply. Where you can spend less doing the same thing, you should consider it at least.

Check out these 5 tips to save you money when moving home.

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5 Money Saving Tips When Moving Home

Here are some money saving tips that could help you when you are moving from one home to another. Knowing these money saving tips could mean saving thousands of dollars now or in the future.

1. Do You Need a Removal Team?

Maybe you are moving from a condo into a house, and don’t really have much to move across town. The removals company you have chosen may be convenient but are you aware of what you are paying for?

Sometimes, a removals team can consist of three or more men. Is this necessary to pay for three guys, plus a removals van?

With a number of companies who specialize in this field, you can choose how many men you need for the job.  Think about this as it may end up costing you more than you need to pay.

2. Only Pack What You Need

When moving, it is important not to take unnecessary items with you.

Only packing what you need means that you will be lighter when leaving the property. Spend at least a week before moving sorting out the “keeps” from the “discards,” as doing so will definitely save you if you are using a removals company.

You can always donate the things you no longer need. Or do a yard sale and sell those for a deep discount.

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3. Check if You Qualify For a Discount

Veterans and students may be entitled to claim a discount from a removals company. If you feel as though you might be able to claim a discount, check with the removals company before you book.

If not, look for a company that will save you money this way.

4. Don’t Miss Work

If it is possible, try not to miss work

This could end up costing you money if your employer isn’t willing to give you the time off. Factor in the cost of childcare, too, if you have children.

The best thing to do is to plan as much as possible in advance. Try to coincide your move with your day or days off, where possible.

5. Do it Yourself

Providing you have a van and a few eager and willing pairs of hands, you can arrange your home move yourself. This could potentially save you hundreds of dollars.

You can rent a van, or simply use friends or families’ vehicles to transport your possessions to your new home. If you are planning on moving furniture or extremely heavy goods like pianos, then a van may be your only option.

For all their hard work, you could always reward your helpers with food and a few drinks at your housewarming!

 

Conclusion:

Moving from one home to another doesn’t always have to be so costly. With some clever ideas and extra effort like the ones detailed above, you can seriously save money that you can use for something more important.

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Allan Liwanag

Allan Liwanag

Allan is a recognized personal finance expert, a Level II Certified Cost Estimator, and founder of The Practical Saver. His expertise has been featured in Business Insider, MSN, U.S. News and World Report, Yahoo Finance, NerdWallet, GoBankingRates, AOL Finance, CreditCards.com, HuffPost, Debt.com, Zillow, and Mass Mutual. He was indebted for $40K but paid it all off and saved $70K, at the same time, in 2.5 years under one low income of $39K/year. Now, he enjoys sharing his thoughts and experience on saving money, making money, paying off debt, and budgeting. Read more

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The Practical Saver

About Allan Liwanag

Allan is a recognized personal finance expert and founder of The Practical Saver. He paid off his $40K and saved $70K, at the same, in 2.5 years under $39K/year salary.

His expertise has been featured in Business Insider, MSN, U.S. News and World Report, Yahoo Finance, NerdWallet, GoBankingRates, AOL Finance, CreditCards.com, HuffPost, Debt.com, Zillow, Mass Mutual, and various local media outlets. Read more

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I am Allan Liwanag – The Master of Practicality. 
My family was indebted for $40K in 2013. Five years forward, we have saved more than $400K. We did that with trick-less, simple, effective money management that most people tend to overlook.

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