How To Make A Moving Budget

Moving is stressful. Add in to the mix a tight budget, and things become even more complicated. Fortunately, there is a way to stay stress free while moving on a tight budget. To help you prepare an appropriately, consider the following steps.

Budget Tools

Before you make your budget, consider investing in a spreadsheet tool or software of some sort to make the process easier. Microsoft Excel is an excellent choice for your software needs. You will also need a calculator and any estimates for your move.

Determine Moving Company Expenses

To begin with, make sure you have all of the numbers to create an accurate moving budget. You need information such as the distance you plan on moving, the weight of your vehicles, the amount you plan on packing, and the storage space you’ll need for all of your items. You will also want to consider getting additional insurance for your move (homeowner, auto, and rental insurance are applicable in this case). You will also need to consider packing supplies and additional services you’ll require when you eventually do move.

Isolate DIY Moving Costs

If you are considering moving yourself without the assistance of a professional company, then you’ll of course need to look at the cost of doing so. Expenses such as the cost of renting a truck, packaging supplies, and the time you invest in the move should also be factored into your budget.

Consider the Costs of Vehicle Transportation

Moving your car is probably more expensive than you think, so be sure and call around to lockdown a quote for your vehicle so you don’t blow your budget with this single expense.

Deposits, Fees, and Mortgage Payments

Be sure and estimate the initial costs of moving into your new home such as deposits and first month’s rent to make sure you can handle the totality of the move.

Combine these factors into your budget to create one that accurately represents your moving costs.