Budgeting Tips for Moving within Chicago

Moving costs a lot, no matter how you undertake it. There are various expenses involved in a moving process but as long as you know beforehand the amount you’re willing to spend and the amount you need to spend, you won’t be entirely astounded with the final computation of your moving costs.

The best method to budget your move effectively is to make a spreadsheet. Through this, you can record and keep track of all things you purchase and pay for. It’s also easy to update and modify accordingly. Just be sure to have a couple of printed copies before packing up your computer for moving day.To create an optimal budget, your first step should be figuring out how much you’ll spend approximately as you leave your house. Make an estimate of final fees such as utility bills and lease termination.

Next, determine the actual cost of moving your belongings. For best results, try to ask for estimates from at least three moving companies and compare the charges. Create the highest estimate possible in your budget, until you’re able to decide which moving company to hire. Additionally, it’s important to factor in the insurance cost and all other expenses, including your tip for the movers.

Consider relocating the items yourself, if you’re moving over a short distance. You’ll have to spend on extra costs for renting a van or a moving truck. Estimate fuel costs, rent for tools like handcart and loading ramp.
Purchase all necessary packing supplies, whether you opt to rent a cargo van or hire a moving truck. Albeit moving supplies may be considered as the cheapest expenses during the moving process, particularly if you can have free or second-hand boxes and supplies, you should still include them in your budget.

Once you determine the costs of packing and shipping your possessions, you can then assess the costs of getting yourself to your new residence. Estimate the required costs for gas, food, and even hotel rental during the trip. If you need to fly to your new place, make sure to record related fees especially the cost of plane tickets. Don’t forget to jot down costs of hiring babysitters for your kiddos as you prepare to move.

Another portion of your budget should comprise costs after moving in to your new home. Such costs may include mortgage payments, security deposits, rent, and other associated expenses. Additionally, find out in advance about the costs of starting utility services, parking permits, pet fees for apartments, etc.

Although you may not really quite consider it as part of your budget, it’s still recommended that you include grocery costs upon moving. Also, try to include costs of take-out food, since you probably wouldn’t want to cook on move-in day. Serve snacks and refreshments to your movers and anyone helping in the moving process. After adding up all of these costs to your spreadsheet, get the total.

Finally, add about 5-10% of the total cost to your tally. This additional amount will serve as backup budget in case there are any unexpected fees incurred during the move. By planning your budget accurately in advance, you’ll be able to prepare yourself for whatever the final cost turns out to be. With a detailed list at hand, you can easily review your budget and search for areas where you can possibly cut corners.

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