Home > 2015 > Personal Finance

5 Ways to Cut Your Moving Costs

Advertiser Disclosure Comments 4 Comments

Whether it is a new job or an educational opportunity, a chance to be closer to loved ones or just a much-needed change of scenery, moving can be a very exciting time. Before you start packing up and shipping out, it is important to realize the reality of relocation. Prepare to use your calculator – and your wallet. Get educated on how you should be preparing to move and how much it will really cost you. Check out the below tips to reduce your moving costs.

1. Unload What You Don’t Need

How much you have to move is a big factor in determining the price of your move. Try to find items you can recycle, donate, give to friends, or throw away. It’s a good idea to measure ahead of time what will fit into your new space, then go through each room in your current house and downsize accordingly. Also if you hold a garage sale or sell to a thrift store, you can use these incoming funds to buy new items for your new home.

2. Be Flexible

Weekends at the beginning or end of the month are prime moving time for families across America, but you can save big if you are willing and able to be flexible on the dates you want to be packed and moved. Consider moving on a weekday and working with the company to find an opening in their schedule that doesn’t require paying a premium. It’s important to get multiple quotes to ensure you are getting a fair price.

3. Create a Budget

The costs of moving will add up if you are not prepared, so begin saving and estimating expenses if you know you will be moving soon. If you are hiring movers, the budget will be much more fixed whereas moving yourself can be harder to estimate. Regardless, try to keep track of everything to get an accurate picture. Consider rental vehicle, gas, and mover cost as well as replacement cost of anything you may be getting new once you arrive to your next home. The more you have prepared in your relocation budget, the less you will have to cut into other expenses to fund your move.

4. Collect Packing Materials

Start collecting useful items as soon as you know about an upcoming move. Ask for old boxes at work or stores that you frequent and see if friends or neighbors have extra packing materials they don’t need anymore.

5. Do It Yourself

Although moving companies do offer a level of ease and speed, these services are rarely cheap. Consider asking (or bribing!) your friends and family to help you get moving with beer, pizza or even some cold hard cash (though less than you would give a professional). You can rent a U-Haul or other moving truck and pack things yourself. It will definitely take some effort, coordination and heavy lifting, but is almost always the cheaper way to move if you don’t have access to a car/truck already.

Whether buying a new home or finding a new rental, when you are facing high moving expenses, it’s a good idea to look into every possible option before making a decision. Most importantly, plan ahead – planning can be the difference between an affordable move and a major setback. Going into debt over a move can affect your credit, so it’s best to minimize your costs as best as you can. If you take on additional debt to move, you can see how that debt is affecting your credit by checking your free credit report summary on Credit.com.

More Money-Saving Reads:

Image: Fuse

Comments on articles and responses to those comments are not provided or commissioned by a bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by a bank advertiser. It is not a bank advertiser's responsibility to ensure all posts and/or questions are answered.

Please note that our comments are moderated, so it may take a little time before you see them on the page. Thanks for your patience.

  • http://www.kevinkato.com Kevin Kato

    There’s a good middle road between hiring a full-service moving company and bribing your friends, it’s called hiring moving labor. Rent your own truck and hire one of the many companies out there now who will provide only the men (or women) you need to load your stuff into your rental – which you drive to your new home where you can hire other movers to help you unload. Cost-efficient while saving your back, your furniture and your friendships. One service that comes to mind is Hire A Helper, a nationwide network of movers. Or get a pod or an ABF container dropped off in your driveway, load it up and have them deliver it to your new home which is less work but of course more money.

    • http://www.credit.com/ Credit.com Credit Experts

      Thanks for the suggestions.

  • http://www.fifocapitalcoralsea.com.au/ fifocoralsea

    Very nice article. I think most importan tips is create a budget, it can give a good idea how much you can save.

  • Lucy

    In my opinion, all these tips show only one thing – If you are organized you’ll be efficient! And that’s most important when moving!

Certain credit cards and other financial products mentioned in this and other articles on Credit.com News & Advice may also be offered through Credit.com product pages, and Credit.com will be compensated if our users apply for and ultimately sign up for any of these cards or products. However, this relationship does not result in any preferential editorial treatment.

Hello, Reader!

Thanks for checking out Credit.com. We hope you find the site and the journalism we produce useful. We wanted to take some time to tell you a bit about ourselves.

Our People

The Credit.com editorial team is staffed by a team of editors and reporters, each with many years of financial reporting experience. We’ve worked for places like the New York Times, American Banker, Frontline, TheStreet.com, Business Insider, ABC News, NBC News, CNBC and many others. We also employ a few freelancers and more than 50 contributors (these are typically subject matter experts from the worlds of finance, academia, politics, business and elsewhere).

Our Reporting

We take great pains to ensure that the articles, video and graphics you see on Credit.com are thoroughly reported and fact-checked. Each story is read by two separate editors, and we adhere to the highest editorial standards. We’re not perfect, however, and if you see something that you think is wrong, please email us at editorial team [at] credit [dot] com,

The Credit.com editorial team is committed to providing our readers and viewers with sound, well-reported and understandable information designed to inform and empower. We won’t tell you what to do. We will, however, do our best to explain the consequences of various actions, thereby arming you with the information you need to make decisions that are in your best interests. We also write about things relating to money and finance we think are interesting and want to share.

In addition to appearing on Credit.com, our articles are syndicated to dozens of other news sites. We have more than 100 partners, including MSN, ABC News, CBS News, Yahoo, Marketwatch, Scripps, Money Magazine and many others. This network operates similarly to the Associated Press or Reuters, except we focus almost exclusively on issues relating to personal finance. These are not advertorial or paid placements, rather we provide these articles to our partners in most cases for free. These relationships create more awareness of Credit.com in general and they result in more traffic to us as well.

Our Business Model

Credit.com’s journalism is largely supported by an e-commerce business model. Rather than rely on revenue from display ad impressions, Credit.com maintains a financial marketplace separate from its editorial pages. When someone navigates to those pages, and applies for a credit card, for example, Credit.com will get paid what is essentially a finder’s fee if that person ends up getting the card. That doesn’t mean, however, that our editorial decisions are informed by the products available in our marketplace. The editorial team chooses what to write about and how to write about it independently of the decisions and priorities of the business side of the company. In fact, we maintain a strict and important firewall between the editorial and business departments. Our mission as journalists is to serve the reader, not the advertiser. In that sense, we are no different from any other news organization that is supported by ad revenue.

Visitors to Credit.com are also able to register for a free Credit.com account, which gives them access to a tool called The Credit Report Card. This tool provides users with two free credit scores and a breakdown of the information in their Experian credit report, updated twice monthly. Again, this tool is entirely free, and we mention that frequently in our articles, because we think that it’s a good thing for users to have access to data like this. Separate from its educational value, there is also a business angle to the Credit Report Card. Registered users can be matched with products and services for which they are most likely to qualify. In other words, if you register and you find that your credit is less than stellar, Credit.com won’t recommend a high-end platinum credit card that requires an excellent credit score You’d likely get rejected, and that’s no good for you or Credit.com. You’d be no closer to getting a product you need, there’d be a wasted inquiry on your credit report, and Credit.com wouldn’t get paid. These are essentially what are commonly referred to as "targeted ads" in the world of the Internet. Despite all of this, however, even if you never apply for any product, the Credit Report Card will remain free, and none of this will impact how the editorial team reports on credit and credit scores.

Our Owners

Credit.com is owned by Progrexion Holdings Inc. which is the owner and administrator of a number of business related to credit and credit repair, including CreditRepair.com, and eFolks. In addition, Progrexion also provides services to Lexington Law Firm as a third party provider. Despite being owned by Progrexion, it is not the role of the Credit.com editorial team to advocate the use of the company’s other services. In articles, reporters may mention credit repair as an option, for example, but we’ll also be sure to note the various alternatives to that service. Furthermore, you may see ads for credit repair services on Credit.com, but the editorial team isn’t responsible for the creation or implementation of those ads, anymore than reporters for the New York Times or Washington Post are responsible for the ads on their sites.

Your Stories

Lastly, much of what we do is informed by our own experiences as well as the experiences of our readers. We want to tell your stories if you’re interested in sharing them. Please email us at story ideas [at] credit [dot] com with ideas or visit us on Facebook or Twitter.

Thanks for stopping by.

- The Credit.com Editorial Team