How to keep track of your money when moving?

keep track of your money when moving

Moving can be a large expense if you don’t approach it the right way. And the right way to approach it is to keep track of your money when moving. This means that you will have to be as organized when spending money as you are organized when planning your whole move if you want it to be as stress-free as possible. So, if you want to learn how to do just that, you came to the right place. We are going to give you some tips on how you can keep track of your money when moving.

You need a list

To keep track of your money when moving, you will need a list. You won’t be able to do it inside your head. You need to write it down on paper or on your phone. Either way, you have to be able to check it at any given time. This list is going to serve as your guide throughout your moving process. You will turn to this list whenever a new expense pops up or a new idea. You will also use it to keep track of how much money you spent so far. Anything related to money and expenses should be on this list. One of the most common moving misconceptions is that this list is unnecessary.

So without any further ado, let’s get to what needs to be on your money-tracking list.

Scrunched up piece of paper and a pen next to it to illustrate that it is not easy to keep track of your money when moving
Having a well-thought-out list is very important if you want to keep track of your money when moving.

New and old house information

The first thing you need on your list is how much you are selling your current house for and how much your new one is going to cost. That is, of course, if you are selling and purchasing a home. Calculate the difference between the prices. If your current home is worth more than your new one, you won’t have to worry too much at all. But if your new one is worth more, you are probably getting a loan to cover the difference. That is exactly what needs to be put next on this list – how big is your loan. If you have any savings that you planned to spend on this relocation, write that number down too.

If you are selling your current home, you need to have in mind that you will most likely have to pay a commission fee to a real estate agent. You also need to pay for lawyer fees, title fees, inspections, appraisals. If your home needs any repairs, no matter how big or small they are, you need to add them as well.

There are also some additional expenses when you are buying a home: lawyer fee, title search fee, the survey fee, and inspection and appraisal. The cost of your property tax is another expense you have to think about when buying a home.

Moving expenses

After you do all this, you need to figure out your budget. How do you do that? Well, prior to calculating your budget, you need to calculate how much money is each step of the relocation going to cost you.

Moving expenses are easy to calculate if you are moving with a good and reliable moving company. Plenty of moving companies give free moving estimates. If you don’t know what a moving estimate is, we are going to explain it in the easiest way possible. A moving agent will come to your home and assess how much your move will cost based on how many things you are moving, how long your move is, how many people will have to be working on your move, and plenty of other factors. These moving estimates are usually very accurate if you are hiring a reliable mover such as Evolution Moving Company SA.

A calculator.
Getting an estimate can help you figure out how much money you need to set aside for movers.

There are other moving expenses people usually forget:

  • Packing supplies
  • Moving insurance
  • Moving specialty items – if you are moving artwork or large musical instruments such as a piano.

And if you are moving long-distance, you will have even more expenses:

  • Transportation expenses
  • Temporary housing – if you are traveling by car with your family, you might need to spend a night somewhere
  • Meals – especially important if you are moving with a large family.

New home expenses

There is a big chance your new home will need some renovation or you will need to purchase some new things for your new home. Calculate all of these expenses too and put them down. This will be very helpful because you will know exactly how much more money you can spend and you can add or change some things. Not having this type of list can lead to serious money problems and that is a situation you want to avoid at all costs (pun intended).

tools to illustrate various renovations
Your new home might also need some light renovating.

Don’t forget that you might even need some more money for unexpected repairs and home improvements in your new home.


If you keep track of your money when moving the way we suggested you do just that, you won’t face many issues as far as money goes. Being organized during a move is very important and this is a big part of being organized. Sure, this will take a lot of time to do and figure out but it will be worth it in the end. A lot of these things might not sound important but they actually are. Every dollar counts when you are moving and that is something you need to have in mind at all times. If you don’t approach moving seriously, you could end up in debt.

Leave a Reply

Your email address will not be published. Required fields are marked *