Making Your Moving Budget Stretch
Making your moving budget stretch isn’t as difficult as you may expect it to be. There are many creative ways to save time and money throughout the moving process.
Here’s a look at a few of the many ideas, from a Greensboro moving company, you can implement to make your money go a little further:
Completing the entire move yourself can definitely help you save funds over hiring a moving company, especially if you’re able to enlist friends and family to help you. Instead of paying them, you can offer to buy them food and drinks for helping out. Having extra hands to help can save a ton of time as well, and be prepared and willing to navigate the process. And be sure you’re willing and able to reciprocate when it comes time for them to need a favor.
Request Deposits Back for Utilities/Rent
You may have to do this well ahead of time in order to have the funds ready for your upcoming move. If you do have substantial deposits, however, then retrieving refunds as soon as possible can go a long way in stretching your current moving budget.
Be sure you’re careful about spending all of your deposit money though. You may need it to put towards the utility and security deposits for your new place.
Make sure you’re utilizing the many couponing services on the internet to put towards food, cleaning products and miscellaneous household items. You can also use these services to find great deals on hotels if it’s necessary for you to find lodging during your move. When you submit your change of address with the post office, they may send you a ‘moving packet’ including coupons for products and services that may come in handy with your move and your new home.
Have a Yard/Moving Sale
Having a moving sale can help you get rid of the many unneeded and unwanted items that you have lying around the attic, garage and basement. This can help lower the amount of items that you or your movers have to load and move, also putting a little extra money in your pocket to cover moving expenses.
Helpful Moving Resources
- USPS Moving Kit
The official web site for changing your address with the United States Postal Service. USPS Movers Guide ensures that your mail is forwarded to your new address.
- Who Needs a Moving Budget?
Here’s a breakdown, from a Greensboro moving company, of a few of the main costs that you’ll have to consider when putting your personal moving budget together.
- Couponing for Beginners: 11 Tips That Will Save You Thousands
I've saved over 25k couponing (over $250/month). If you haven't gotten into couponing, now is a great time. Here are 11 tips that will save you thousands.
- How to Hold a Garage Sale (with Pictures) - wikiHow
How to Hold a Garage Sale. Looking for a great way to get rid of your household clutter and make some extra cash at the same time? A garage sale or yard sale may be just the ticket. Garage sales are easy to plan and manage, and they can...
Getting Free Packing Supplies and Equipment
Getting free packing supplies is fairly easy since most grocery and retail stores will usually have plenty of extra boxes that you can use. You can also use towels and blankets or sheets for padding purposes. Borrowing moving equipment like dollies or trailers is another great way to save money and stretch your budget. Just keep an inventory of what you borrow, so you can return everything back to its proper owner.
Deducting Moving Costs From Taxes
Most people aren’t aware of this but if you’re relocating 50 miles or more away from your current area for a job then you may be able to deduct the reasonable moving expenses from your federal taxes. There are a few qualifying factors, see the ‘Can I Deduct Moving Expenses?’ resource link for more details. While this savings won’t really help you during the move, it can definitely come in handy when tax time rolls around.
Moving can be an exhausting experience both mentally and physically. The experience can be a lot less stressful when you have the peace of mind that you’ve saved a few bucks or more. Hopefully these tips help you maximize your budget to create the most cost efficient move possible. Don’t be afraid to use a few of your own creative tactics as well. Happy moving!
Helpful Moving Resources for Taxes
- Tax Topics - Topic 455 Moving Expenses
If you moved due to a change in your job or business location, or because you started a new job or business, you may be able to deduct your reasonable moving expenses...
- Can I Deduct My Moving Expenses?
The following set of questions will help you determine if you can deduct your moving expenses.