Moving

On a budget? Here’s how to save money when moving

Key points
  • Cut down on moving costs by getting rid of things you don’t need, sourcing secondhand supplies and forgoing professional moving services where possible.

  • Create a moving budget and regularly review it to ensure you aren’t overspending in key categories.

  • Hold off on purchasing nonessential items, such as decorations and pantry supplies, until you’ve replenished your savings.

Moving can be fun — fresh walls to paint, new rooms to decorate and, of course, a chance to start fresh. But the cost of moving can be a buzzkill. Fortunately, if you plan ahead and stick to a budget, you can save money while moving and settling into your new place.

I spoke to Pamela Downs, real estate advisor at Compass New England, LLC, for advice on how to save money when moving. “There’s no way around it,” she said. “Moving is expensive, but if you start planning early and take the time to research deals, get rid of stuff and source free supplies, you can save a lot of money.”

So fear not, savvy mover. Read on for how to save those hard-earned bucks to ensure your move is a budget-friendly success.

What are the best ways to cut moving costs?

You’ll inevitably have to shell out some cash to move, but there are practical ways to cut down on spending. The following tips will help you enjoy your new adventure without financial stress creeping in.

Sell or donate what you don’t need

The cost of moving unwanted items can outweigh their value, especially if you’re no longer using them. Downs said this is the biggest mistake she sees her clients make. “They don’t take the time to go through their stuff and end up moving things they don’t need, want or have room for at their new home.”

At the moving company where I work, I encourage clients to hire us to help them declutter and get rid of stuff before they pack. We recommend letting go of clothes that no longer fit, broken items you haven’t gotten around to fixing and anything you haven’t used in six months to a year. 

You can sell these items through online platforms such as Facebook Marketplace, eBay or OfferUp to maximize your savings. Hosting a garage sale or stoop sale is another effective option to quickly offload unused items and earn extra cash for your move.

Once you’ve sold what you can, consider donating the remaining items to local charities, shelters or community organizations such as Goodwill or The Salvation Army. Many of these organizations will even pick up your items. Plus, charitable donations are often tax deductible, offering financial benefits beyond immediate savings.

Forgo full-service movers

Choosing a hands-on approach for your move can significantly reduce costs, and skipping full-service movers is one key strategy. Consider alternatives such as renting a van, using self-service options, such as PODS, or borrowing a friend’s truck for a more economical solution.

Another cost-effective option is enlisting friends and family to help with the actual move. While this may require more coordination and planning, it can substantially reduce or eliminate the need for professional movers.

If you’d prefer to hire professional movers, consider opting for partial services. Many top moving companies offer transportation services and loading and unloading assistance, allowing you to handle the packing and unpacking yourself. This could save you thousands: When we requested long-distance moving quotes from six national movers, the average cost for full-service packing of a three-bedroom home was $1,924. 

Downs recommended getting estimates from at least three movers to find the best value. To get started, request quotes from the companies below.

Use cheap or free moving supplies

High-end packing supplies can substantially contribute to the overall cost of moving. For example, a 1–2 Bedroom Kit from U-Haul costs $289.79. To cut down on these expenses, consider seeking out cheap or free supplies.

Downs suggested scouring the internet and local community forums for free or low-cost packing supplies. People often give away or sell used boxes on online marketplaces at a fraction of the cost of new ones. Downs also said that local grocery stores almost always have free boxes.

Instead of springing for expensive materials, such as bubble wrap, packing peanuts and packing paper, repurpose items you already have — including pillows, clothing, towels and linens — as padding to protect fragile items during transport. You can also opt for reusable bins or vacuum-seal bags instead of disposable packing materials. These can be repurposed for storage after the move, making them a sustainable choice.

Move during the offseason

Peak moving season is typically May through September. Families often prefer to move during these months to align with school schedules, creating a higher demand for moving services. To avoid peak season rates and ensure greater availability, consider moving during fall or winter.

Weekends are also more expensive due to increased demand, as people often prefer moving on their days off from work. Additionally, the end of the month is peak time, with many leases and rental agreements terminating around that time. To save on costs and increase scheduling flexibility, consider moving midweek in the middle of the month.

Book travel and accommodations early

Book your flight as soon as possible and opt for budget airlines. By booking early, you’ll secure lower rates and avoid potential fare hikes as your moving date approaches.

For accommodations, explore budget-friendly hotels or alternative lodging arrangements, such as Airbnb or motels. Online travel platforms frequently offer discounted rates for early bookings.

Eat the food you have at home

As you prepare for your move, consume the food at home — particularly perishable items, such as fresh produce, dairy, meat and frozen food. This will minimize waste and help you cut down on unnecessary spending on restaurant and takeout meals.

You have a few options for nonperishable items, including snacks and canned goods, that are unopened and still within their shelf life. You can include them in your meals leading up to the move or bring them on the road with you, minimizing reliance on fast food or restaurants. Alternatively, you can donate them to your local food bank.

Tighten up your regular budget

If you already have a regular budget, make a conscious effort to stick to it and consider implementing additional cost-cutting measures during the moving process. Identify and eliminate extraneous expenses and focus on necessities rather than indulgences to save money for the various aspects of your move.

Scrutinize your discretionary spending on nonessential items such as alcohol, daily coffee or new clothes. While these splurges may bring temporary pleasure, cutting back on them can significantly contribute to your moving budget. Consider alternatives such as brewing coffee at home, exploring free or low-cost entertainment options and resisting the urge to make nonessential purchases during this time.

How do you create (and stick to) a moving budget?

Creating and adhering to a moving budget ensures a smooth transition to your new home without undue financial stress. Here’s a guide to help you craft and stick to a realistic moving budget.

Assess your finances

Evaluate your current financial situation, including your income, savings and any additional funds you can allocate to the move.

Get moving quotes

Request quotes from at least three moving companies or rental truck services, and research the costs of packing materials, insurance and potential storage fees. Downs warned that you should be wary of companies asking for lots of cash upfront. Reputable moving companies require a reasonable deposit and full payment at the end of the move.

Create a detailed cost breakdown

Craft a detailed budget outlining all of your anticipated expenses. Break down each category, including moving services, packing materials, travel and potential post-move costs, such as utility setups. Consider creating a spreadsheet or using a budgeting app to help organize and monitor your spending.

Prioritize essential expenses

Categorize your moving expenses into priorities to ensure that you allocate funds to critical aspects of the move first. Essential costs, such as transportation and packing supplies, should precede optional or nonurgent expenditures, such as new furniture.

Set contingency funds

Maintain a contingency fund to account for unexpected expenses or last-minute changes. Having a financial buffer prepares you for any surprises during the moving process.

Monitor your budget and adjust as needed

Regularly revisit your budget to track your spending. Avoid unnecessary purchases or expenses that may deviate from your financial plan. If adjustments are needed, be flexible in reallocating funds from one category to another.

How do you save money after moving into a new home?

It can be tempting to buy a bunch of new things as soon as you get to your new place. However, adopting money-saving strategies is essential to set up your new place while keeping your finances on track.

Hold off on buying new stuff

Hold off on purchasing nonessentials, such as decoration items, for the first few weeks. Taking the time to settle in, assess your new space and develop a plan for your home’s layout can help you make informed decisions about essential items. Rushing into purchases may lead to unnecessary expenses and clutter.

Instead of hitting the stores right away, explore alternative avenues to acquire items you need, such as a nightstand or lighting fixtures. Join local community groups, such as Buy Nothing, where people offer free items they no longer need. Explore thrift stores, consignment shops or secondhand markets for budget-friendly alternatives.

DIY your mounting and furniture assembly

Take charge of mounting and assembling your furniture to save money. Resist the temptation to outsource this labor unless absolutely necessary, as professional services can add up quickly. Here are some DIY tips for furniture assembly and mounting:

  • Ask for help: Enlist the assistance of friends or family members to make the process more efficient and enjoyable.
  • Read manuals: Carefully review furniture assembly manuals and mounting instructions before starting to ensure accurate and efficient completion.
  • Use basic tools: Invest in essential tools, including a screwdriver, hammer and level, to ensure you have what you need for most assembly tasks.
  • Watch online tutorials: Explore YouTube and other online platforms for instructional videos on furniture assembly and mounting techniques.

Don’t overstock the pantry

While filling your pantry with various items is tempting, prioritizing essentials helps avoid unnecessary expenses and prevents waste. Here are some guidelines for post-move pantry stocking:

  • Plan meals: Develop a short-term meal plan to guide your grocery shopping, focusing on items you can consume within the next week or two.
  • Buy essentials: Prioritize purchasing fresh produce, dairy and protein for immediate needs.
  • Avoid overstocking: Refrain from buying excessive quantities of spices, baking supplies, condiments or nonperishables unless they are part of your planned meals.

What’s next?

Moving can hit you right in the wallet, especially with sneaky costs such as down payments and security deposits. To regain financial stability after moving into a new home, consider adopting a proactive budgeting strategy. Start by meticulously tracking your income and expenses, then create a realistic budget that prioritizes essentials and allows for the gradual rebuilding of savings.

Take a good look at your spending habits — including dining out, entertainment and subscription services — and figure out where you can tighten those budgetary screws temporarily. Redirecting funds toward rebuilding your savings ensures a quicker and more sustainable financial rebound after the expenses of a significant move.

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