Moving can be costly due to a number of expenses and fees you’ll be expected to cover. Here’s what to budget for so you don’t come up short.
If you’re preparing to move into a new rental, make sure you’re saving up – that’s because when you begin a new tenancy, you won’t just be responsible for paying rent. There are a number of other costs that you should factor into your budget.
That’s because when you begin a new tenancy, you won’t just be responsible for paying rent – there are a number of other costs that you should factor into your budget.
Moving costs – Depending on how much you’re transporting, moving could require a vehicle rental, paid assistance or simply the cost of taking a day off work.
Connection fees – When you move into a new place, you may be required to connect certain services, including internet, electricity, gas and more. These fees will depend on the providers you choose.
Upfront costs – Typically, you’ll be required to pay up to two weeks rent in advance and up to four weeks rent as a bond.
Household needs – Although you may be taking a lot with you from your previous home, chances are you’ll still need to buy certain items such as kitchen supplies, bedding or even certain appliances.
Furniture – Again, you may have some things already, but in general, you should anticipate the purchase of at least some new furniture when you begin a new tenancy.