No matter how much moving knowledge and insight you acquire, it will still cost you. Focusing your efforts on cutting corners and saving money great. But before all else, you need to have a proper relocation budget set up. Otherwise, you can forget all about hiring professional and reputable NYC movers. You might as well rent a truck and risk moving yourself. However, we are here to tell you that preparing a NYC moving budget comes easy when you have the right information. So if you choose to follow these simple tips, you will find yourself more than ready for your relocation from NYC.
Why preparing a NYC moving budget is essential?
Unless you found a lamp with a genie that will grant you wishes, your relocation out of NYC will not resolve itself. And professional long distance NYC relocations can cost quite a bit, so you need to prepare yourself (and your wallet) for this. Here are some valid reasons to create a NYC moving budget:
- It will give you a chance to plan out and prepare your moving plan well beforehand.
- When you create your moving budget, it will enable you to determine whether you can afford to move at all.
- By knowing your NYC moving budget, you will be able to monitor and adjust your expenses in accordance with the relocation process.
- Once you have successfully relocate out of New York, you will be in possession of a working moving budget plan. You can then use the post-relocation analysis of what you did wrong and what you did right. Every experience is a lesson after all.
- You can use the results you get after the moving experience for your next move or as advice to friends and co-workers. No matter the decisions, it will be a useful piece of information to have moving-wise or any other project.
Setting up a moving budget is a crucial step in every relocation – you will find it on any relocation guide checklist. The simple fact of the matter is that you need it so that you don’t lose track of where you money is going. Otherwise, you risk scenarios such as overspending or losing money on unnecessary expenses.
How to go about creating a NYC moving budget estimate?
Once you’ve decided on going with a working and organized NYC moving budget plan, time to set it up. And there are two very simple ways of going about this:
- Old school pen-and-paper option. People have been using this type of calculation since forever. You sit down, take a piece of paper and a calculator; then put all costs that you can think of on that piece of paper. As a helpful tool for this task, you should consider purchasing a bookkeeper’s record book from the nearest office supply store. This is however optional, since you can create all you need on that piece of paper.
- Modern Microsoft office option. Microsoft has given a wonderful gift to the world with the office tools that you will find everyone uses nowadays. So you can avoid using plane pen & paper by implementing Excel or Word to create your NYC moving budget plan. And with Excel, you can even create formulas to calculate and sum up all moving expenses.
Bonus option – you can let your moving company do the grunt-work for you
Why bother yourself with going through all calculation when you can have a professional mover come in and do it for you. You will find that most professional NYC moving companies offer free moving estimates, which you could then use to incorporate into NYC your moving budget.
NYC moving budget checklist and what it should include
No matter which method you choose for budgeting your interstate relocation, the criteria in your NYC moving budget checklist should include the following:
- moving company expenses
- vehicle transportation expenses
- immediate post-move expenses
Professional NYC moving expenses
You first need to consider the expenses of hiring experienced and high-quality movers. These expenses will be the base of your NYC moving budget after all. Then comes determining the relocation cost estimate by inviting an in-house estimate from moving companies. Once you’ve receive moving quotes from several companies, you can determine which best suits your budget in terms of the following criteria:
- Weight and distance -the two most important factors upon which moving estimates are formed. Total weight of property being moved vs. the distance it is being moved to. Some movers tend to charge less for weight and more for distance, while others do just the opposite.
- Insurance options – basic or premium liability for protection for your goods. It all depends on how much you are willing to pay.
- Extra moving services – packing & unpacking, preparing major household appliances for moving, disassembling and re-assembling large furniture pieces, temporary storage and delayed delivery of your items.
- Unplanned fees – flight charges, long carry charges, cancellation fee, travel fees and fees for extra stops etc.
Vehicle transportation expenses
Moving your property is covered by the NYC movers you hired, but what about yourself? Consider that you need to get to your new out-of-NYC residence. This is why you need to add transportation expenses to your NYC moving budget. And these are the three options you have:
- Car shipping services. Shipping your vehicle to another state will require the services of a professional auto transportation company. And by shipping your car, you leave the option of flying to your new place – so include airplane tickets to your budget.
- Driving to your new home. A road trip can be a fun way to begin life in a new state. You get the chance to familiarize yourself with the state and do some exploration. The things to consider are money for gas, servicing your vehicle, lodging, food, as well as some emergency cash.
- Selling your car. Best option if you are looking to save some money. You boost your budget, avoid spending money on shipping your vehicle and only need pay for a plane ticket.
Immediate post-relocation expenses that belong in your NYC moving budget
The relocation might be done and the NYC moving crew paid, but you still have expenses to consider. Moving into a new home will require certain expenses of you:
- Rent, mortgage payment, deposits.
- Furniture and appliances.
- Groceries, cleaning supplies etc.
Importance of contingency cash in your NYC moving budget
If life teaches us anything, it is that we can never be prepared for everything that happens. And when you think back on some of the situations you had, you will see that we are right. Now, even though we might not be able to prevent this, you can minimize the harm. Having a contingency pocket inside your NYC moving budget always comes in handy. You never know when a flat tire or any other type of damage might happen. So better be prepared than sorry. And the best thing is that if everything goes as planned, you have some extra cash to focus on other things.