Money Saving Tips for Moving

photoMoney saving tips from Beltmann Relocation Group can save you hundreds and potentially thousands as you transition to your new home. The cost of moving across town, across the country, or internationally can inflate rather quickly. Because of this, we encourage you to consider your options well in advance and always look for ways to reduce the overall impact of your move on your wallet. Here are 10 ways you can cut costs and ensure your move goes according to plan and budget:

  1. 1. Eliminate unnecessary items from your packing list. By leaving bulky, heavy, or extraneous items behind, you'll save a lot on shipping costs. Of course, you'd be wise to sell these items before the big move to get a little cash in return. Here are many ways you can put your unwanted property up for sale:

    • Online Auctions: You can get top dollar for rare and collectible items on online auction sites
    • Secondhand stores: Consignment and antique shops are always looking to add to their collections
    • Garage Sales: Take out the middleman and invite buyers right to your door. The key to a successful garage sale is good advertising.
    • Flea Markets: Here, you can barter with vendors to seek the highest price in return for your furniture or collectibles
    • Charity: When possible, it is always a good idea to donate good furniture, clothes, and essentials to charitable organizations that can direct them towards people who need them. Be sure to keep your receipt for income tax purposes.
  2. 2. Determine the layout of your furniture and appliances before you pack. That way, you will know what will and won't fit. And just a general tip: if it won't fit, don't move it.
  3. 3. If you have a green thumb and want to bring planters and outdoor decorations, remove all soil and use them as containers for other things
  4. 4. Packaging for CDs, DVDs, etc. are bulky and costly to ship. Leave the packaging behind or convert your library to mp3 and sell your physical copies back to music stores.
  5. 5. Items like workbenches, sawhorses, stools, and tables are often best left behind.
  6. 6. Never move household repair items like firewood, lumber, gasoline, fertilizer, pesticides, pool chemical, or paints. Moving some of these items can be heavy or even dangerous. Plus, the cost of shipping often far exceeds its value.
  7. 7. For bulky items of value you do not intend to move, you may want to include them in the sale of the property. Swing sets, billiard tables, pianos, organs, antique furniture, and other items can attract buyers and potentially increase the final sale price. If the home has already been purchased, consult with the buyer to gauge their interest in retaining these items.
  8. 8. If you are owed any deposits, collect them before you depart. It is always more convenient to recover funds in person.
  9. 9. Your homeowners insurance company may owe you a refund for bills you have paid in advance - or it may be possible to put your balance towards your new residence. By doing so, you will ensure your new residence is immediately covered.
  10. 10. Fitness centers, country clubs, and other groups may offer refunds to members who have paid dues in advance.

Tax Deductible Moving Expenses

There are many deductions available to those on the move. When tax season arrives, consult your financial advisor for ways to maximize your refund. Here are some common deductibles for which you may qualify:

  • Cost of shipping a car
  • Cost of lodging while en route to your new residence
  • Cost of moving pets
  • Shipping, crating, and unpacking costs
  • Transportation and hauling from your old property to your new one

Your eligibility for these cost-saving measures often hinges on the following qualifications:

  • You are moving to start a new job
  • You are moving to a foreign country or are in the military
  • You are self-employed and intend on working for at least 78 weeks during your initial 24 months. In addition, 39 of those weeks must be within the first year.
  • You work full-time and will be working for 39 weeks during your first year in the vicinity of your new home.
  • Your new job will be at least 50 miles further away from your new residence than your previous job

For money saving tips and professional moving services, trust the experienced, dependable staff at Beltmann Relocation Group. By looking for ways to recoup your expenses here and there, you can take a lot of the stress out of your move and ensure you won't have larger bills than expected.