Money Saving Tips for Your Next MoveTips for Cutting Costs during the Moving Process Moving is the third most stressful event of a person's life—and worrying about the associated costs can add to that anxiety. That's why Mayflower offers a list of tips that can help you save money on your moving expenses.
Making travel plans ahead of time can save money. Use travel discounts like AAA to save on hotel rooms and be sure to take the toll-free number of the hotel with you; it saves money if you need to call while in route.
Avoid grocery shopping and eating out. Be creative at mealtime with what you have in your freezer and refrigerator. Begin using up the frozen foods and other perishable items you have in your kitchen. Frozen foods cannot be moved, and canned goods just add to the weight of your shipment and increase costs.
Collect what's yours
Whether it is an apartment or utility deposit, it's easier to get your money back before you move. If you paid a pet deposit, look into that too. Don't forget about items you might have in layaway or items that are being cleaned, stored or repaired. And stop by your workout facility, club or bowling alley to make sure you've emptied your locker.
Get your dues
Check with clubs and organizations to see if you can sell your membership, get a partial refund, or transfer your membership to your new location.
Contact the IRS
Don't forget to notify the Internal Revenue Service (IRS) about your change of address. Each year, the post office is unable to deliver thousands of tax refund checks! One of the main reasons stated is that people don't inform the IRS of their new residence. A change of address form (Form No. 8822) is available on their Web site (www.irs.gov).
Report your move
Speaking of the IRS, if your move is prompted by a change in job locations or starting a new job, some moving expenses may be deductible on your federal income tax return. Consult the IRS or your personal tax adviser for information.
Save money on your moving expenses by doing the packing and unpacking yourself. Plan on a good six weeks to pack and get ready for a move. Ask your moving company for information on do-it-yourself packing to protect your belongings. Remember, however, to use proper packing cartons and wrapping materials. While old boxes and masking tape may save you a bit of money upfront, they are not strong enough to protect your items during transit and replacing them after the move can cost much more than proper packing materials.
Most people move during summer, which is peak moving season. If you can be flexible, you can cut moving expenses.
The weight of your shipment impacts the cost—so lighten your load. Consider getting rid of items you no longer need and raise some quick cash in the meantime.
Gifts for free
Be on the lookout for coupons, discounts and free offers from local businesses once you are settled. Don't automatically toss out what looks like junk mail during this time because you may be throwing away free money! Take advantage of savings.