How to Save Money on Your Next Move Whether moving to a new dwelling a couple of blocks away or relocating across the country, moving expenses are an inevitable factor in any move. For those moving due to a job transfer, their company may cover all or part of the relocation costs, and moving expenses can also be tax-deductible in some cases. Military members always receive a relocation allowance when they transfer to another base. However, many individuals are responsible for all of their own moving expenses. Despite this, there are several strategies available to help keep moving costs down. For instance, if you’re moving to a region where shipping is prohibitively expensive, such as Alaska, it’s wise to ship as few large items such as furniture as possible. It is often much cheaper to purchase these items at your new location than it would be to have them shipped. Additional tips to save on moving expenses include: - Get Multiple Quotes: Contact a variety of moving companies to compare prices and services. - Plan Ahead: Book your move during off-peak times, usually middle of the month and weekdays, to get better rates. - Declutter: Reduce what you need to move by selling, donating, or disposing of items you no longer need. - DIY Packing: Pack your own belongings instead of hiring professional packers. - Utilize Discounts: Look for discounts available through membership programs, coupons, or being flexible with your moving date. - Seek Reimbursements: Check if your move is eligible for tax deductions or company reimbursements. By employing these practical strategies, you can significantly reduce the financial burden associated with moving. Remember, a well-organized move is a cost-effective move.§
Related Terms: relocation allowance, job transfer, military relocation, tax write-off, shipping costs.
