If you could compile a list of the most stressful things you will ever do in your life, you will probably find that moving to a new house is right at the top of that list. Whether it’s the planning or the move itself, while being exciting, it’s going to be a tense and challenging task.
While the move itself is going to cause some stress, the first year in your home can also come as a culture shock if you have never been responsible for a property before. In this post, we are going to be looking at the financial side of your first home and presenting a few ways that may be able to save you some money.
Why Is Moving So Stressful?
While many people know moving can be stressful, not many people actually understand what it is that causes so much stress.
The first thing you should realize about moving house is this; while you may have an intricate and detailed plan about every aspect of your move, on moving day, this will completely fall to pieces and only be useful as a coaster for your coffee.
To be honest, that is the main reason moving is so stressful. It matters not what you do or what plans you have, the chances are that everything you do when it comes to moving house will end up being done on a whim.
While this is the case for moving, it doesn’t have to be the same for your first year in the home. In fact, you can make some rather impressive budgeting plans that will make your first year a very happy one.
Budget Your Bills
The first shock you are going to get when you move into your first home is the amount your utilities are costing you on a monthly basis.
Now, while this is something you are always going to have to pay for, you just need to ensure that you do not waste, and then you will notice your utility bills can drop by around 30-40%.
In order to keep on top of your utility bills, you may want to look at pay as you go, no deposit electricity. A simple solution like this will encourage you to monitor your usage, and what’s more, you will never get a nasty surprise at the end of the month.
Reduce Unnecessary Purchases
We understand that when you move into your first home, it’s an exciting time, we also realize that when it comes to furnishing your home, you want it to look amazing and filled with the very best things.
What we are suggesting is that you reduce any extravagant purchases and place this money into savings, especially if this is your first year away from home. By doing this, you will be giving yourself a little financial leeway, and should any surprises occur, you will be able to tackle them with ease.