Routing Number | 255077370

Financial Wellness

Save Money on Moving

It's a big world, and whether you are moving halfway across it or to the other side of your town, you may wonder how much it will cost you to get all your possessions from one home to another.

Be Picky with Your Moving Date
The more time you have to prepare for a big move, the better. Your moving date can mean as much to your bottom line as your method. If you have any say in the matter, pick a moving date that steers clear of the prime moving season—summer (Memorial Day weekend through Labor Day weekend). Additionally, weekends are likely to be more expensive than weekdays, so do your best to schedule a moving date when there's less competition for moving company resources.

Purge Excess Inventory
Whether you've been in your current home for a few months or decades, you've likely picked up some items you no longer need. While much of this is waste that you'll want to dispose of, you might find it easier to sell or donate some of your still-valuable items to save you time, space, and moving costs when it comes time for your move-out date.

Consider Your Options
Not all ways of moving are created equal, and your needs are not necessarily the same as your neighbor's. For example, if you have a light load and a short drive, you may be able to move your belongings with a simple rental truck. However, more stuff and longer moves require greater assets, and you're likely to need to rent a portable storage unit or hire a moving company. No matter what situation you find yourself in, you'll want to weigh your options and find help suitable to you and your budget.

Save with peace of mind

With short and long-term solutions, dollar by dollar you can begin building a brighter future.

Beware of Hourly Rates
If you do end up hiring a moving company, be sure to pay by the job and not an hourly rate. Hourly rate totals can skyrocket if you get stuck in traffic, need to make multiple trips, are delayed due to weather, or end up with a couple of slow movers. If the company lets you use a credit card for payment, pay with a card that gives you rewards and cash back.

Learn to Bargain
If you go to a grocery store to get a loaf of bread, they're going to have the price marked for you, and that is what you'll pay to buy it. Moving companies, however, are fighting for your dollar, and they'll do whatever they can reasonably do to obtain your business. Request quotes from moving companies, ask them how you can lower your cost, and make sure they know they've got competition looking over their shoulders. You're not likely to hurt anyone's feelings as you seek to get a bargain from a moving company, but make sure you do your research and find a reputable company that will get the job done for the best price available.

Do It Yourself or Ask Your Friends for Help
Moving is a hassle, but it helps to put effort into the matter if you want to save money. The more you can do without the aid of companies that require payment, the more you can save for other issues. While few people enjoy the rigors of cleaning rooms, packing boxes, and lugging furniture in and out of buildings, friends and family members are often willing to lend a hand to those they care about, so don't be afraid to reach out for help.

If you're in a position where you need to move, you likely want it to cost as little as possible. So take these tips and remember to be flexible and creative while staying within your budget.

Resource: BALANCE