4 Hidden Moving Costs To Anticipate

Planning to move is fraught with several hidden expenses that most people fail to anticipate. Relocating is always expensive. But, when you find yourself having to pay for things you didn't foresee, it can have a severe impact on your budget. Here are 4 hidden moving costs that are easy to overlook.

Cost #1: Additional Moving Supplies

Many people plan to use less boxes and other supplies than they'll actually need. Not only does that result in wasting time spent running back to the store to purchase more; the money spent is usually an unexpected expense. Plan conservatively. You'll almost always need more supplies than you think.

Cost #2: Moving Time

It's easy to hope for the best when hiring movers. However, even though you think the movers can finish transporting your belongings in two hours, it may actually require four. Add 50% more time than you think your move will require. It will prevent a nasty surprise when you receive the moving bill.

Cost #3: Feed Your Friends

Having your friends help you move can save a lot of money otherwise spent on movers and moving trucks. However, it's common courtesy to feed your friends as payment for their help. Don't skimp here. Budget plenty of money to buy enough food and drinks so your friends feel that you appreciate their help.

Cost #4: Tips

When you hire movers, tipping them isn't required. But, moving is similar to serving in a restaurant: though not required, it's always appreciated (and often expected). Have enough cash on hand to tip each of your movers $8 or $9 for each hour they're on the job.

Avoid Budget Surprises During Your Move

With some planning, you can avoid being surprised by hidden moving costs. Estimating the moving supplies you'll need, the time required for the move, food for your friends and tips for the movers can help you plan your budget accurately. Relocating is stressful enough without dealing with an unexpected cash crunch.