Money and Moving: 5 Ways to Cut Costs

According to Worldwide ERC, a workforce mobility association, the average family spent over 12,000 dollars on shipping household goods during a move in 2010. Between closing costs and property taxes, buying, selling and owning a home is an expensive ordeal. When you factor in moving costs, it’s enough to make anyone feel overwhelmed. Below are 5 ways to save money during your move.

Make deductions. Did you know you can deduct moving expenses from your taxes? If you relocated for work, you may be eligible to deduct packing, transporting and storing costs from next year’s taxes, so be sure to save those receipts!

Rent your own truck. Renting a truck and doing the move yourself from start to finish is the cheapest way to move. It requires more effort, but it saves money. Ask friends and family to help, or hire neighborhood teens to help with the packing and lifting. And don’t forget that fuel and mileage charges can differ immensely between companies, so do your research before hiring.

Timing is everything. The height of moving season is the summer, when the kids are out of school, the weather is ideal for packing and in general, most people have relaxed schedules. As a result, many movers offer discounts in the off-season. If it’s at all possible to postpone your move, attempt to relocate between October and April to score those off-peak prices.

Get it delivered. Many companies, including PODS and 1-800-PACK-RAT, that will deliver a portable storage unit to your place. You will save money by packing it yourself, and then the company will come back to pick up the unit and bring it to your new place.

Recycle packing Supplies. Moving companies often over-charge on packing supplies, so use them as a last resort. When it comes to packing supplies, you can save money by using what you have. Pack in boxes, suitcases, bags and bins you already own before buying supplies. And if you do need more, try purchasing your packing material from a recycled box company or ask local businesses for old boxes that they plan on tossing.

About FineHomesDigest

The Fine Homes Team, Mark Finchem, Associate Broker with Long Realty Company, provides service to buyers, seller and builders where fine homes are concerned. With extensive experience in residential real estate transactions we can help you with the home you'd rather have.
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