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Budgeting rule #1: have a budget!

Moving to a new home in Sydney can be an incredibly expensive exercise. You need to plan ahead and budget for all the costs involved. Here are some steps to help you create a moving budget.
A budget is telling your money where to go instead of wondering where it went

Moving to a new home in Sydney can be an incredibly expensive exercise. You need to plan and budget ahead for all the costs involved. Here are some steps to help you create a moving budget.

1. Decide which moving services and products you need.

There’s any number of products and services you might need – deciding what you do will go a long way to figuring out how much you need to spend.

Examples include:

If you’re selling your house you might also include things like furniture styling, agent fees and other associated costs like legal fees.

2. Estimate your moving costs.

For each of the categories above, we suggest opening up a spreadsheet and putting down a rough estimate on each item. The first step is to figure out how much it will cost you to move your belongings from your old home to your new one. Luckily Happly has a new moving home price estimator tool that will give you a quick sense of how much everything costs. Usually, this depends on several factors, such as the size and distance of your move, the number of items you have, and the time of the year you move. Some removalists may charge extra for moving specialty items like pool tables or safes, so make sure you factor this in too!

It’s not just the moving costs you need to watch out for. Bills also pile up at a time of moving such as rent or mortgage payments, bond or deposit, utility bills, council rates, strata fees, and insurance. You may also need to pay for repairs, renovations, furniture, appliances, or decorations to make your new place comfortable and functional.

4. Plan for dependants, emergencies and contingencies.

Consider whether you want to get paid help for your kids or pets for the moving days so you can focus on the moving pieces of your move. It’s also smart to have a bit extra set aside in case of illness, injury, or other emergencies.

By preparing properly, you are less likely to experience bill shock. Start planning with Happly’s comprehensive pricing estimator and embark on your Happly moving journey!

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