These days, you gotta do what you gotta do in order to get by without spending an arm and a leg. Moving is no exception. Cheap moving is neither an oxymoron nor a contradiction, it's an actual possibility. You can explore your options and learn how to move for cheap by following these seven tips. (For another way to reduce your moving cost, read How To Write Off Moving Expenses.)

TUTORIAL: Budgeting Basics

Move Yourself
Renting a moving truck is far cheaper than hiring a moving company to do the backbreaking work for you, for obvious reasons. If you price the rent for cheap moving trucks and compare them with the cost of having a professional mover do it all for you, you may find that the DIY approach is the affordable alternative.

Pack Yourself
This sort of goes hand in hand with moving yourself, with the exception that if circumstances force you to hire a moving company, you could save substantially by packing your own boxes. Many moving companies will offer to professionally pack your boxes for you, but by doing it yourself you could save a serious chunk of change. Find cheap moving supplies by staying away from the major brand stores, and look in low-cost dollar stores. Even if you're able to easily get a hold of free or cheap moving boxes, you'll need to buy other supplies like packing tape and Styrofoam popcorn for fragile items.

Time Your Move
Summer is the busiest time of the year for moving and truck rental companies, so unless you absolutely have to move during this time, it's best to wait until early fall. If that's not an option, book far enough in advance so you don't end up paying more than you have to. By waiting until the last minute, you could find the truck size you need is unavailable and end up having to pay for one much bigger than you really need.

Comparison Shop
Whether you're looking for a moving company or a truck rental, it pays to shop around. Your odds of finding cheap moving companies that are local to your area are best if you're not moving terribly far, as more well-known interstate movers will charge you more.

No cost is truly set in stone; haggle with the moving or truck rental company to arrive at a price you can afford. It's worth trying. Not an experienced haggler? Bring along a friend or relative who's skilled in the art of negotiation to act on your behalf, and secure you a cheap moving truck rental fee. The money you save could be substantial.

Have a Yard Sale
Perhaps no better way exists to kill two birds with one stone than to weed through the belongings that you won't have room for in your new home and sell them to raise money for your move. In the end, you'll have more cash in your pocket and less possessions to move.

Use Your Friends
OK, that sounds awful. Perhaps "borrow" is a better word. To save as much money as possible, try recruiting as much help as you can from your pool of able-bodied friends, family and co-workers. You might even consider returning the favor by bartering for something they could use in return, or by simply offering to buy them lunch. Catering a six-foot-long sandwich to feed your hungry throng of volunteers is far cheaper than hiring out professional help.

The Bottom Line
There are plenty of ways to move cost effectively. In some cases, moving your stuff to your new home means spending time with friends, trading stuff you no longer need for cash and saving your money to spend on new things your require for your new home.

Related Articles
  1. Personal Finance

    How Tech Can Help with 3 Behavioral Finance Biases

    Even if you’re a finance or statistics expert, you’re not immune to common decision-making mistakes that can negatively impact your finances.
  2. Retirement

    4 Ways to Boost the Amount You Save for Retirement

    Retirement can easily last more than twenty years, which means you have to save a lot. Thankfully, there are ways to enhance the amount you put away.
  3. Credit & Loans

    Adjustable Rate Mortgage: What Happens When Interest Rates Go Up

    Adjustable rate mortgages can save borrowers money, but they can't go into it blind. In order to benefit from an ARM, you have to understand how it works.
  4. Retirement

    How to Stretch Your Retirement Savings

    What does "nest egg" mean for your personal situation? Will you deplete it, or will you nurture it to generate income that lasts throughout retirement?
  5. Savings

    These 10 Habits Will Help You Reach Financial Freedom

    Learn 10 key habits for achieving financial freedom, including smart budgeting, staying abreast of new tax deductions and the importance of proper maintenance.
  6. Budgeting

    How Much Will it Cost to Become President In 2016?

    The 2016 race to the White House will largely be determined by who can spend the most money. Here is a look at how much it will cost to win the presidency.
  7. Savings

    Paycheck to Paycheck? Start Saving This Way

    The steps are simple; the execution not so much. But if you take some action toward your goal every single day, you'll see tangible results pretty swiftly.
  8. Retirement

    4 Reasons To Collect Social Security Payments Now

    The longer you wait to collect social security, the more you'll gain. But for people ailing in health or who need income, delaying isn't the best option.
  9. Budgeting

    Six Most Popular Hobbies You Can Do For Free

    Does your budget not allow you to have expensive hobbies? Here are six great ideas for occupying your free time without spending money.
  10. Retirement

    Can You Retire In Spain With $200,000 of Savings?

    How far will a modest nest egg take you in Spain? Here's a look at the cost of retiring on the Costa del Sol, or in one of Spain's culturally rich cities.
  1. How does a bank determine what my discretionary income is when making a loan decision?

    Discretionary income is the money left over from your gross income each month after taking out taxes and paying for necessities. ... Read Full Answer >>
  2. How does the trust maker transfer funds into a revocable trust?

    Once a revocable trust is created, a trust maker transfers funds or property into the trust by including them in a list with ... Read Full Answer >>
  3. What is the range of deductibles offered with various health insurance plans?

    A wide range of possible deductibles are available with health insurance plans, starting as low as a few hundred dollars ... Read Full Answer >>
  4. How do I know how much of my income should be discretionary?

    While there is no hard rule for how much of a person's income should be discretionary, Inc. magazine points out that it would ... Read Full Answer >>
  5. What proportion of my income should I put into my demand deposit account?

    Generally speaking, aim to keep between two months and six months worth of your fixed expenses in your demand deposit accounts. ... Read Full Answer >>
  6. How do I use the rule of 72 to estimate compounding periods?

    The rule of 72 is best used to estimate compounding periods that are factors of two (2, 4, 12, 200 and so on). This is because ... Read Full Answer >>

You May Also Like

Trading Center