How To Save Money During the Rental Process
Moving into a new apartment can be a very expensive process. First month’s rent and a security deposit on top of any new necessities, furniture, utilities and other miscellaneous expenses. Being mindful during the rental and moving process can help to keep these costs manageable.
Clean & repair your old apartment: The first mistake many renters might make while moving is not cleaning and repairing damages in your old apartment before moving out. Schedule a walkthrough with your previous landlord to go over any damages and repair them before you move so you can get as much of your security deposit back as possible!
Give yourself a moving window: When moving into a different apartment in the same city, you can save on moving company or storage costs by giving yourself a few days to move your things yourself rather than hiring movers. This also allows for time for you to deep clean your empty apartment before turning in your keys.
Get your utilities switched over ASAP: Many landlords give tenants a grace period when they move in to allow them to settle before needing to change their utilities over. Make sure to inquire about what utilities you are responsible for and what date they should be switched over by to ensure you are not charged any fees for forgetting about it!
Repurpose or thrift furniture: While it may be appealing to get fancy and coordinating furniture for your new home, you can save a lot of money by repurposing what you already have and shopping for gently used furniture at thrift stores.
Start planning your move well in advance: By planning out your budget, needs and desired living area, you can find the right apartment in the right area that fits within your budget so you are not compromising on a last minute place that is out of your budget or doesn’t fit your needs. Additionally, you can start planning and budgeting for the things you will need to purchase for your new place and space out large purchases over time.
Sell unwanted items: Instead of throwing away old clothes or furniture, consider selling it online or at a yard sale to make some extra money.
Have a DIY move: The cost of movers can be expensive, especially if you have a lot of things. Consider using personal vehicles and making trips or renting a truck for larger items to save on moving costs.
Plan to start cooking ASAP: The cost of eating out can add up! Instead of counting on ordering in or going out for food after moving, having some pre-made meals or easy recipes to prepare can help save additional expenses post-move.
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