When you’re preparing to move home you’ll have plenty of chores to do. It can be an expensive time, and so it’s important to get your budget organized. To help you budget for the various aspects of your move, you can start with these five tips.
1 . Removal Company
You’ll need to budget the costs of paying your removal company, it’s helpful to have an approximate figure in mind before you research potential services. The removal fee should include both labor and fuel costs, it’s best to get a quote from several different companies before you make a decision.
Besides the basic quote, you’ll need to budget for additional insurance costs. Ensure that you find out if the service provides insurance, or if you’ll need to get this covered separately.
- Storage & Packing
Don’t forget to budget for your storage and packing costs. You’ll need to figure out how many boxes you need, plus a wrapping and packing materials, to keep your things safe. On top of this, you might need to purchase mattress covers, (if your moving company does not offer them).
Perhaps you require storage space throughout the process of your move? It could be that you have a gap between your move-in date and the date you are required to leave?
Ensure that you research several self-storage facilities, to get the best price possible.
- Cleaning Costs
Before you move out, you’ll need to ensure that your property is clean, for the new occupant. Depending on your situation, failing to clean up could mean you lose some of your security deposit. You might prefer to clean up yourself, which can help to save money when moving home. If you’re a little pushed for time it may be easier to hire a cleaning company to do the job for you.
- Real Estate Expenses
You’ll need to factor in your real estate costs with your overall moving budget. Your fees will depend on whether you are renting or buying your new place. Example expenses could include lawyer and realtor fees, home inspection fees, appraisal fees, down payments, or rental deposits.
If your property doesn’t pass the home inspection, it’s normal to panic! However, there are companies out there that will buy your property, even if it does not pass.
- Budget Support Tools
To help you to budget for your moving day, the following budget support tools may come in handy:
- You Need A Budget: This is an application that can help you to budget for anything, including your moving day. YNAB encourages you to start saving for one-off larger expenses (aka moving day) well in advance. This way, it’s easier to pay for everything when the event comes around. The app promotes the use of four simple rules, to help you to take control of your finances.
- Move Advisor: This app can help you to find movers in your area, compare prices, and create a handy checklist. To get yourself organized and assess your budget, this is a great application.