How to save money after moving out?
It’s hardly a surprise that most home movers are very interested in learning how to save money when moving across country. After all, the process of moving house is notorious for being too expensive as it is, so any good advice on how to lower the relocation costs is always more than welcome.
Of course, being careful with money in general before your moving day is a fundamental prerequisite that will guarantee normal levels of moving stress and a greatly reduced number of possible move related problems. And yet, you shouldn’t give up on your thriftiness once your household goods are delivered to your new home simply because saving money after you move is equally important for your well-being.
So, here are the main principles of how to save money after moving out. Feel free to fine-tune the following money saving tips to make them work great under your specific set of post relocation circumstances.
SEE ALSO: How to move on a tight budget
Slow down your moving inertia
You don’t really have to be a renowned physicist to realize that inertia is the tendency of objects to keep moving at constant velocity. Similar to an object that is not too keen on changing its speed, may find it hard to slow down once you’ve relocated to a new home. Which, in turn, can easily cause you to overspend without having enough time to think things through.
For example, your genuine eagerness to furnish, decorate and even renovate your new house or apartment, and thus make it feel more like your own home, can lure you into going straight to large furniture stores, as well as to various specialized stores for home interior design.
Instead of being tempted into impulsive purchases, save money after moving to a new home by slowing down your moving pace and creating some kind of a master plan of what it is exactly that you need for your place. Even though you can’t wait to have your dream home by the end of the week, the best course of action in such situations is to show patience and discipline by taking a much needed time-off to reassess your current financial situation and create an essentials-only shopping list.
READ ALSO: How to make my new place feel like home?
Gather valuable information
Let’s face it – you are still a stranger to your new home, neighborhood, city and even state, and the only thing you need to get rid of that uneasy strangeness is time. Slowing down your post relocation velocity is a good start for saving money after the move, but the only way forward is to know what you’re dealing with.
Information is one of the best tools a newcomer can have in the very beginning of their new life, and as a stranger, you’re currently on a mission to gather intelligence. Your mission objective, of course, is to become the smartest shopper of products and services your new city has ever seen, or at least one of the top 10.
Meet your new neighbors and ask them for good advice on where and how to shop around your new city – in most cases, they’ll be happy to share the most protected neighborhood secrets with you. Your new colleagues at work can be another great source of money saving tips and besides, you may have already befriended some of them thanks to all the things that connect you. The local media can also help you locate great deals right when you need them.
In any case, obtaining and then sharing the knowledge of how to stay on the cheaper side of a new city life can be even fun, so go for it.
SEE ALSO: What to locate first when moving to a new city?
Alter your spending habits
Changing your spending habits can make a real difference. Arguably, this is the best possible advice on how to save money after you move out that you can ever get. In addition to becoming a smart shopper (make a shopping list of essentials only and stick to it, look for good sales and clearances, buy products and services in bundles whenever possible, etc.), a good tactical move that will save you money in the long run is to refrain from loosening your purse strings for sweet (understand overpriced) temptations, at least during the initial post relocation period until you cross over into familiar waters.
For instance, cutting down on your visits to expensive restaurants, bars and clubs is an excellent way to save money after moving to a new city. If you must eat out, then select your restaurants carefully and only after checking their respective websites for discounts, coupons and special promotions. If you know how to cook, then you can really shift into a money saving mode – besides, homemade food tends to be better tasting and healthier too. Forget about diving headfirst into your new city’s night life as an average cocktail price of around $15 is not the best way to make up for the relocation price you just paid.
Save on transportation costs
To really save money when moving out of state, or within the same state, that is, think of a good strategy to lower your future transportation costs, as the latter should never be underestimated. Depending on the exact infrastructure of the city you just moved to, sometimes it can make a much better financial sense for you to use its developed public transportation system when commuting to and back from work than to use your own vehicle every single workday. Besides the standard maintenance costs of owning a car (fuel, repairs, insurance, taxes, depreciation), locating good parking spaces in big cities can be a big problem, so take that fact into consideration.
If your city offers a great public transportation network, you are strongly recommended to take advantage of it speed, convenience and affordability. If your workplace is not too far away from your new residence, then walking and biking are two other magnificent options to save money after the move by letting you also have fun and exercise at the same time. Moreover, do consider carpooling to and back from work to keep more dollar bills where they belong – in your savings account.
SEE ALSO: What mistakes to avoid when moving into a new house?