Moving to a new home can be extremely stressful. Whether you are buying a new house or agreeing terms to a rental house.

When moving home, it can be a really expensive time, however it is very important that you keep track of your spending so that you do not fall deeper into debt and can make your repayments.

Moves to a rented property can be just as expensive as you will have to stump up extra cash to cover a deposit which could be a month to 2 months advance.

In this post I am going to provide you with some information on how to best budget for your next home move.

1) Set out your budget

The first thing you have to do is ensure you do not fall into the red with debt. Enquire as to how much capital you have. If you have bought a new home, it is unlikely that your bank would have given you funds if you could not afford repayments.

You must stay strong at this time and not get carried away by spending your money on all the nice things you would like for your home.

Remember, that setting a budget right away will help your finances in the future.

2) List What You Do Have

For some people, they are blind as to what they already have. It is so important however that you make a note of everything that you have, which you can use for your next home.

Often is the case from what I see, people do, they get excited about moving that they buy lots of new furniture and furnish their house.

It is best to use what you already have and consider buying new items when you find your feet and get a hold of your outgoings and income.

3) List What You Don’t Have

It is important when you have a list of what you already have, you establish a list of the things that you don’t have. By having a list and sticking to it means you are less likely to deviate from it and end up spending more than what you have budgeted for.

You help you save money, you should split your list further into necessaries and nice to haves. The necessaries are the things that you cannot live without. This is will help you understand what exactly you need to purchase. This will help you set a budget in place for your move.

4) Check Online Shops For Bargains

There are lots of ecommerce shops that sell furniture and everything you need to make your house a home. Price around the web for the best bargains online (Consider also delivery prices) for everything that you need from your list.

There is no question, moving house, whether to a mortgaged property or to a home that is rented accommodation, it can be really expensive when it comes to deposits, moving costs and buying new furniture and more. In this post, we show you how you budget for your move.

See my previous post on The Tilers Toolkit