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Budget for a Big Move
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How to Budget for a Big Move

Last Updated on March 3, 2023 by Admin

If you’re planning a big move, the costs can soon add up. However, by being highly organized in advance and knowing what expenses you’ll need to pay for, you can create an effective budget and allocate your cash accordingly.

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The move will then run a lot more smoothly, from start to finish.

Budget for Transporting Your Belongings

The first thing you need to do is decide whether to move all of your belongings yourself or whether you’ll hire a moving company. While the latter can potentially be costlier, it may not be that much more expensive than dealing with the move yourself.

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After all, a DIY move still involves budgeting for truck hire, fuel costs, insurance, and more. And if you’re moving a great distance, it may be much easier to let professionals handle your move for you.

Furthermore, professional movers know how to expertly handle and transport items to ensure they arrive safely at your new home. So, work out the costs for moving yourself versus hiring a moving company and look at the pros and cons of each option to determine the best choice for your situation.

And if you want to hire professional movers but know that it will be more expensive than moving your belongings yourself, you can always follow other tips to save cash while you move so that you can spend more of your budget on hiring movers.

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Budget for Packing Materials

The cost for things like boxes, bubble wrap, tape, and other packaging materials can soon mount up, so don’t forget to budget for your packaging needs.

It’s important you don’t skimp on packaging materials, as you’ll want to ensure your belongings are packed safely for your big move.

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It could be worthwhile paying extras to a moving company to pack your items on your behalf. But whether you pay a moving company to pack your things or you pack them yourself, make sure the cost is included in your budget ahead of time.

Budget for Moving Specialty Items

If you have specialty items that need to be moved with the utmost care, such as a piano, a pool table, or an original work of art, it’s best to hire professional movers to ensure the items are moved safely and correctly.

But moving companies typically charge additional fees for moving specialty items, so make sure you know what the costs will be ahead of time so that you can factor them into your budget.

Budget for Storage

If there’s a delay between your move-out and move-in dates, you’ll probably need to use a self-storage facility to store your belongings.

If you have a friend or family member who can store your items for a designated time, you can save on storage costs. But if not, you’ll need to allocate money for renting a storage unit.

If you do intend to use a self-storage facility, make sure you know how long you will need the unit so that you can create an accurate budget. After all, renting a storage unit for several months will cost more than hiring one for a few weeks.

Budget for Cleaning

You’ll need to clean your house before you move. Again, you have the option to save costs by doing the cleaning yourself, but it may make more sense to hire a cleaning company.

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In fact, it could even work out more cost-effective to hire professional cleaners to clean things like carpets. For instance, if you have a big house that you need to take a week off work to clean thoroughly, it will probably be more cost-effective to keep earning during that week and spending some money on hiring cleaners than to forgo a week’s salary.

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