How Canadian Families Can Cut Down Their Moving Budgets in Four Simple Steps

| June 5, 2017 | 6 Comments

 How Canadian Families Can Cut Down Their Moving Budgets in Four Simple Steps

How Canadian Families Can Cut Down

Their Moving Budgets in Four Simple Steps

Families in Canada are on the move.

Literally.

With approximately five million Canadians relocating between provinces and cities annually, many families are struggling to slash their budgets when it comes to moving around.

And why not? Packing up and finding a new place to call home can get quite costly, especially if you’ve got children along for the ride.

Whether you’re currently apartment hunting or know that you’re going to have to find a new place in the near future, consider the following ways you can keep money in your pocket when it comes time to pack up.

Find Bargain Areas

Many potential movers pick out dream locations without understanding the cost of living; unfortunately, this leaves many families in a sticky situation as they have their hearts set on spots such as Toronto or Vancouver. Understanding the average price of an apartment in Canada from city to city can help you uncover potential bargains during your hunt.

Likewise, do as much research as you can prior to moving to ensure that not only does an area match up with your budget, but also represents a safe and secure place to raise a family.

Be Flexible

Is it possible to find the “perfect” apartment on a budget?

Absolutely, however you’re more than likely going to have to make a sacrifice or two to realistically afford a sensible move. While you certainly shouldn’t feel the need to settle when hunting for a new space, you also should remain flexible and open-minded.

Ask yourself: what are my top priorities as a renter?

For example, consider the following factors when it comes to choosing your ideal city or province:

  • Safety and security: understand local crime statistics and which potential neighbourhoods are safe
  • The quality of the local school system for the sake of your children
  • The condition of the local economy: for example, will you readily be able to get a job in the area?
  • What will your commute look like and will you need to rely on public transit?

For example, it may make sense to move somewhere with a longer commute to compensate for safety a high-quality school district. While your ideal area might not have everything that you’re looking for, make sure to be practical with your priorities.

Downsize Your Space (For Now)

Moving somewhere smaller may seem backwards, especially if your family is still growing. However, the benefits of downsizing are well-documented, including cutting down on clutter, saving time on household upkeep and the ability to attack other debts as you save on your rent. Especially if you only plan on only renting for a few years, it may make sense to find somewhere smaller now as a means of saving money for the long haul.

Move-It-Yourself

Although moving your furniture and family yourself versus relying on professionals may seem like an initial hassle, the process will almost always save you money. If you’re a serial mover who often jumps from Point A to Point B, you already know that you can save hundreds by packing up yourself and renting a truck versus hiring someone else. If you have friends or family in the area who can help, a DIY approach is almost a no-brainer.

Moving can undoubtedly result in some headaches; however, there are steps you can take to make the most of your next move and keep your budget under control. Be proactive during your search and be prepared to make some small sacrifices as a means of investing in your family’s long-term future.

Photo credit: joebeone via Foter.com / CC BY

 

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Category: Home & Garden, Living, Tips, Weekly Themes

About the Author ()

Lyne is happily married and has two teenagers: a 19 year old son and a 22 year old daughter. She is a Certified Infant Massage Instructor (CIMI), Certified Professional Wedding Consultant, and an Event Planner. It has always been her dream to create a website dedicated just for Moms since her children were young. Thus, after 10 years, she finally accomplished it, and the Ottawa Mommy Club was born in May 2011. She was also the Queen B of the BConnected Conference, Canada's Digital Influencer and social media Conference in Ottawa and Toronto. She coordinated the Annual Infant Information Day/Early Years Expo for the City of Ottawa for 8 years. She was also the co-chair of the Navan for Kraft Hockeyville 2009-2011 committee that organized five community events within 6 months, and helped Navan reach the top 10 finalists in Canada. In April 2011, she received the Mayor's City Builder Award.

Comments (6)

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  1. Carole Dube says:

    I would love to downsize for many reasons, but my husband doesn’t want to sell.

  2. loriag says:

    Great tips, having moved repeatedly in our marriage people would be wise to head them. We moved for $7000 form BC to MB by doing it ourselves. It saved us at least $3000.

  3. Stephanie LaPlante says:

    Thank God I have no plans on moving. Thanks for the tips though. My sister plans on moving soon.

  4. Elizabeth Matthiesen says:

    Good tips that people should keep in mind when moving. I know it’s tough as I’ve moved a lot in my life and lived in 5 different countries too. Moving yourself is not always an option but you might be able to pack yourself – that will depend on the contract with the moving firm and whether it would still be covered.

  5. Tania B says:

    Great post! I knew a lot of these points but you putting them together just has made so much more sense. It is easy to get carried away with the ideal area or ideal apartment, etc. Thanks for the great tips!

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