How To Move On A Budget And Save More Money (2024)

I’ll never forget the first time I ever moved after college. I was headed to my first “real job” as a third grade teacher. I enlisted the help of my mom and dad to load up a trailer with my measly possessions and Ikea furniture. The week before I headed off across the state I asked my brother if he would come help me move. I’ll never forget his response.

“Nah, you’ll be good because your company will pay for your movers.”

My mouth dropped open. Ummmmmm NO SIR. I was an elementary school teacher working in a title 1 school. Did he really think that my “company” was going to fork out thousands of dollars to relocate me?

Turns out he was 100% serious. As a mechanical engineer, the major company he worked for gave him a HUGE moving allowance when he had to relocate. It was enough money to pay people to pack up and move his things.

I’m not even going to pretend like I wasn’t totally jealous of him. But the truth is that when people have to move, chances are their job is not helping foot the bill. Because we have recent experience in moving (there are boxes that need to be unpacked in the room next to me) I knew I had to find a way to move on a BUDGET.

I’m sharing 5 ways to move on a budget as well as the exact amount we spent on our recent move!

5 Ways To Save Money On Your Next Move

1. Do it yourself.

I’ll admit that I didn’t want take on this move ourselves. I was ready and willing to hire someone to load all our possessions up in a truck and drive it 5 hours south. But after looking over how much that would cost, it was an easy decision to rent the truck ourselves. If you feel comfortable with driving a big moving truck, then do it! This is where you will save the most when it comes to moving expenses!

2. Ask high school kids to help load the truck.

Do you remember how in your early 20’s you could easily find friends to help you move? All you needed was to promise them pizza! Well, it’s not as easy when you’re in your 30’s. People have full-time jobs and pizza isn’t a motivator anymore. Instead, seek help from high school kids that are willing to work for extra cash! We did this and it was a lifesaver! Even just one extra pair of hands was a great help!

3. Don’t pay for boxes!

We did not pay for ONE box when we moved. Instead, we hit up friends and our workplace for boxes. Afterwards, we drove around to wine and liquor stores asking for their extra boxes too. I mean, if you think about it, these types of stores have a LOT of strong boxes. You could also check out your local grocery store for extra boxes. This will save you a fortune because boxes are EXPENSIVE.

How To Move On A Budget And Save More Money (1)

4. Shop around.

If you’re 100% sure that you want to hire movers, then make sure to shop around! You’ll be surprised how prices can vary from each company. You can even hire people to load and unload your truck. When we were moving into our new home, we didn’t know anyone that could help us. So we paid $250 for three movers for a total of 3 hours. During that time they completely unloaded our truck and even assembled all our furniture for us! I was quoted higher prices with other companies, so be sure to do some research. It will pay off in the long run!

5. Skip the bubble wrap and extra supplies.

I wish we had skipped out on buying bubble wrap during this last move. When packing up our kitchen, we wrapped some breakables in bubble wrap and others in towels. Let me tell you that everything arrived safely and NOTHING broke! I wish now that I had saved the money on bubble wrap and used all my blankets, sheets, and towels to wrap breakables. It’s a great way to save money!

How Much We Spent On Our Move (the exact numbers!)

I know that sometimes it can be fun to dig into someone’s finances (or is it just me that feels this way?) so I thought I’d share exactly how much we spent on our big move across the state.

We moved from Denton, Texas (near Dallas/Fort Worth) to Katy, Texas (near Houston). We decided to rent our own moving truck. After pricing out several different options, we found that a Penske truck was the best deal! I’m so serious when I say that it pays to get price comparisons! Some companies were over $100 more expensive and that money ADDS UP!

How To Move On A Budget And Save More Money (2)

Okay, on to the details! You’ll see below exactly what we spent to move!

Moving Truck (included a dolly and furniture pads): $365.73

Gas for moving truck: about $70.00

Supplies (bubble wrap, tape, plastic wrap for furniture ): $73

High School Helper: $30

Movers to help unload the truck: $250 + $40 (tips)

Ratchet Straps and Bungee cords: $27

Total Spent: $855.73

What Worked

Before our big move, we sold a LOT of stuff that we no longer wanted. Just like any family, we had acquired a lot of stuff over time. While we were packing, we decided to donate, sell, or toss a bunch of junk that we no longer used or needed. To be honest, it was veryfreeing to be able to say goodbye to things that took up space in our home. I used the money from selling items around our home to help pay for the movers! I put the rest of the money toward a big Target run once we were moved in. While in the Motherland (Target, that is) I grabbed new trashcans for all the bathrooms, bathroom rugs, and a few other essentials.

What Didn’t Work

When we first announced that we were moving, my husband wassure that we didn’t need to hire any help. He figured that between the two of us and a dolly that we would be perfectly okay. Boy, was hewrong. We had help loading up and there were pieces of furniture (I’m looking at you pull-out sofa!) that were crazy heavy! There’s NO way that he and I would have been able to get some of the furniture off that truck. I called up movers on the drive down and was able to score a great deal at the last minute. Best $250 ever spent!

I’ll be the first to admit that this move wasn’t cheap! But I can guarantee you that it could have beenmuch moreexpensive if we had decided to hire movers to transport all our stuff from one city to the next. And maybe,just maybe we will have a company that will give us a moving allowance one day. Here’s hoping you too can move on a budget!

You Might Like:

  • How To Pay Off Debt When You Live Paycheck To Paycheck
  • Don’t Make These 10 Money Mistakes
How To Move On A Budget And Save More Money (2024)

FAQs

How To Move On A Budget And Save More Money? ›

Remember to create a personal budget, pay off debt, open a savings account, increase your sources of income, cut down on unnecessary expenses, build up your credit score, and stay motivated. With these steps, you'll be well-prepared to make your move and embrace the next chapter of your life.

How can I manage my budget and save more money? ›

8 simple ways to save money
  1. Record your expenses. The first step to start saving money is figuring out how much you spend. ...
  2. Include saving in your budget. ...
  3. Find ways to cut spending. ...
  4. Determine your financial priorities. ...
  5. Pick the right tools. ...
  6. Make saving automatic.
  7. Watch your savings grow.

How to make a budget work Ramsey answers? ›

How to Make a Budget in 5 Steps
  1. Step 1: List Your Income. ...
  2. Step 2: List Your Expenses. ...
  3. Step 3: Subtract Expenses From Income. ...
  4. Step 4: Track Your Transactions (All Month Long) ...
  5. Step 5: Make a New Budget Before the Month Begins.
Jan 4, 2024

How can I save enough money to move? ›

Remember to create a personal budget, pay off debt, open a savings account, increase your sources of income, cut down on unnecessary expenses, build up your credit score, and stay motivated. With these steps, you'll be well-prepared to make your move and embrace the next chapter of your life.

How can I save money and stay on a budget? ›

11 Ways to Stick to your Budget and Jump Start your Savings
  1. Sleep on big purchases. If it's not something you need, take a week to think on it. ...
  2. Never spend more than you have. ...
  3. Stick to a lower credit card limit. ...
  4. Budget to zero. ...
  5. Try a no-spend challenge. ...
  6. Stop paying for fees. ...
  7. Plan your meals. ...
  8. Do your grocery shopping online.

How to budget and save money for beginners? ›

Try the 50/30/20 rule as a simple budgeting framework. Allow up to 50% of your income for needs, including debt minimums. Leave 30% of your income for wants. Commit 20% of your income to savings and debt repayment beyond minimums.

What are the 5 steps to save money? ›

5 simple steps to start saving
  • Set one specific goal. Rather than socking away money into a savings account, set specific goals for your savings. ...
  • Budget for savings. Just because you decide to save doesn't mean it's going to happen. ...
  • Make saving automatic. ...
  • Keep separate accounts. ...
  • Monitor & watch it grow.

What is the #1 rule of budgeting? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

How can I save money on my move? ›

How to Save Money on a Move
  1. Get Multiple Estimates. ...
  2. Move During Off-Peak Times. ...
  3. Sell Items You Don't Need. ...
  4. Pack Yourself. ...
  5. Use Free or Affordable Packing Supplies. ...
  6. Understand Moving Insurance. ...
  7. Consider a DIY Move for Short Distances. ...
  8. Explore Moving Tax Deductions.
Mar 26, 2024

How to budget to move out? ›

One rule of thumb is to follow the 50/30/20 rule—plan to spend 50% of your income on fixed expenses such as housing, utilities, transportation and insurance, and 30% on variable expenses such as groceries, entertainment, and miscellaneous. This will leave 20% for savings and emergencies.

How can I live on less and save more? ›

These seven tips may be able to help.
  1. Understand your current financial habits. Not sure how to start spending less? ...
  2. Create an effective budget and stick to it. ...
  3. Look for ways to reduce spending. ...
  4. Set financial goals for future success. ...
  5. Save for emergencies or major purchases. ...
  6. Pay down debt. ...
  7. Stay aware of lifestyle creep.

How can I save enough money? ›

28 ways to save money
  1. Automate transfers.
  2. Count your coins and bills.
  3. Prep for grocery shopping.
  4. Minimize restaurant spending.
  5. Get discounts on entertainment.
  6. Map out major purchases.
  7. Restrict online shopping.
  8. Delay purchases with the 30-day rule.
Mar 26, 2024

How to live within a budget? ›

17 simple rules to live within your means
  1. Know your income. ...
  2. Track your living expenses. ...
  3. Create a money plan. ...
  4. Spend less than you make. ...
  5. Increase your income. ...
  6. Build an emergency fund. ...
  7. Use sinking funds and save up for purchases. ...
  8. Don't rely on credit cards.

How to live with less money? ›

Tips to help you live below your means
  1. Create a plan for your money. The act of assigning a job for every dollar can be empowering. ...
  2. Automate your savings. ...
  3. Pay yourself. ...
  4. Live off one income if possible. ...
  5. Look for ways to lower your discretionary expenses. ...
  6. Reflect on your financial habits. ...
  7. Drive used. ...
  8. Pay less interest.
Jul 10, 2024

What is the 50 30 20 budget rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

What is the 30 day rule? ›

The premise of the 30-day savings rule is straightforward: When faced with the temptation of an impulse purchase, wait 30 days before committing to the buy. During this time, take the opportunity to evaluate the necessity and impact of the purchase on your overall financial goals.

How to manage your expenses and save more? ›

These seven steps can help you get a better handle on your money—and save for a brighter future.
  1. Know where your money goes. ...
  2. Create spending categories. ...
  3. Only spend on what matters most. ...
  4. Make the most of “monthlies” ...
  5. Eliminate impulse buys. ...
  6. Save on interest where you can. ...
  7. Consider deferment.

How do you manage your budget efficiently? ›

How to manage budgets more effectively in 5 steps
  1. Use bottom-up budgeting. Bottom-up strategies increase budget accuracy and incentivize team members to spend by the rules. ...
  2. Ensure team buy-in. ...
  3. Track business costs in real time. ...
  4. Update team budgets regularly. ...
  5. Use data and results to make smarter budgeting decisions.
May 4, 2024

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