Saving Money on Your Move
Is moving too expensive?
Moving isn’t cheap. It can cost many thousands to get your stuff from point A to point B, especially if you hire a moving company.
However, though you’re going to have to pay something, there are many ways to cut your moving costs to make your grand total much more manageable, and even, dare we say, downright cheap:
Sell Your Stuff
If your moving costs look like they’ll be too high, you can sell some of your possessions. The benefit of selling your possessions is two-fold: it can (1) cut down on your moving costs and (2) put money back in your pocket.
The best way to lessen the costs of your move is to sell the stuff that’s making you hire help. For example:
- If you currently need to hire a moving service to move your bed, desk and fridge, you can sell those possessions and avoid having to hire that moving service;
- If you currently need to rent the largest moving truck to fit your couch, you can sell the couch and get a smaller, cheaper moving truck;
- If you only need to rent a moving truck because you can’t fit your recliner in your truck bed, sell the recliner.
You see, you don’t need to sell everything, you just need to sell what’s preventing you from getting a cheaper moving service.
Free Moving Supplies
Buying moving supplies is a quick, easy way to prepare for you move. However, it’s unnecessary. Moving supplies are all around you. Seriously. Those free newspapers you never read? Packaging. Your comforter? Cushioning to prevent scratching on your wooden furniture. Your dresser? A box to hold your books.
You don’t need bubblewrap and a box that says “moving box” to move your stuff in. Use what you have. For more ideas, check out our article where to find free moving supplies.
Self-storage can be very useful if you are living in a smaller place while waiting for a larger one, or waiting to transfer some of your belongings to your new home. However, if you are looking to save a couple hundred dollars over a couple months, cram what you have into your new place or sell it off.
Negotiate with Moving Companies
Moving companies are businesses, and all businesses have different approaches, some of which are better for others and some of which are better for you.
When looking for a moving company, don’t take the first one you get. Ask around; see what different companies quote you for the days you are looking at moving. If you are moving on a Sunday, look for Sunday specials. If you need help moving down stairs, look for someone who won’t charge you extra. If are looking to move your piano, look for someone who specializes in that.
Take Multiple Trips
If you are moving within close proximity, you can hire a moving company and get it all done in one, or you can pile your stuff in your car and take a couple of trips. If you calculate the cost of gas and other intangibles, you might find that using your own vehicle and spreading your move out over a couple drives can lower the cost of your move.
In some cases you can deduct the cost of your move from your taxes. This can be a significant amount saved. For example, if your move cost you $6,000 and you would be taxed on that amount at 28%, then that’s $1,680 back in your pocket.
Learn more about how to calculate the cost of moving.