Moving Budget Planning

Relocating to a new home is more complex than most people believe before they go through it themselves; particularly in terms of finances. If you don't plan your move far enough in advance; moving could prove to be far costlier than you anticipated. The good news is - if you're proactive and think of all the details on time, you'll be able to perform proper moving budget planning. If you're unsure of your priorities in this process, we'll give you a few tips below.

Do a Thorough Inventory

Before you find residential movers to relocate you to your new home, there is something essential that you’ll need to do first while doing moving budget planning; you’ll need to know precisely what you’re taking with you. That’s why taking a detailed inventory of your household should be at the top of your priorities. Not only will this make a moving estimate simpler to obtain; but you’ll also have the opportunity to get rid of excess stuff and potentially reduce the cost of the move.

Due Diligence

As we’ve mentioned, moving is not as simple as it first appears. That’s particularly true if you’re going to look for long-distance movers; though moving across the street would pose its own difficulties as well.  And this only serves to highlight another point – you need to know precisely what moving services you need before hiring a moving company.

Obviously, the services that you’ll look for have a huge impact on your moving budget planning. Most moving companies structure their rates based on a variety of factors. First, there’s a base rate; one that every customer pays, and one that doesn’t depend on the volume of the items being relocated. But then there are also specialty fees – for things like delicate artwork, pianos, safes, etc.

Timing Your Relocation

When it comes to moving budget planning, plenty of people don’t realize how the timing of your relocation affects the price that you end up paying. More precisely, we’re talking about the season of your move. For instance, you should know that moving over the course of the summer likely means you’ll pay more.

This is all due to the basic laws of supply and demand. People mostly move during the summer, so the demand for movers is high and they can afford to raise prices while still remaining competitive. However, once the winter months roll around – the moving industry basically slows down to a halt, so they have to work for lower rates than they usually might. Also, the geography of your relocation impacts the price as well; though not as much. Still, relocating from a rural region to an urban area would cost you more than moving from city to city.