Moving to a new city can be exciting and daunting at the same time. While most of us overcome the common challenges like not knowing the locals in just a few days, there are several aspects of your life that go from a spin when you move to a new city.
Our spending patterns and monthly budgets are usually the worst hit. Between bearing the expenses of the move itself and finding a new place to live, you bank balance usually becomes the victim. That is why, having a messed up budgeting system at the end of a move is a common occurring in our lives. That is why anyone who has moved between cities knows that it is no joke.
However, with a little bit of planning and control, it is easy to bring your budget back to normal in just a few months. By being smart about where you spend your money, and how you do it, expenses can easily be managed better. If you are planning to move to a different city, or have just moved to one, the following tips should help you manage the cost of living there:
Rent furniture and appliances
Renting furniture and appliances has recently gained a lot of popularity, especially among the younger generations. Rent appliances lets you enjoy the best of gadgets like televisions, refrigerators and even gaming consoles, without having to shell out a fortune on them.
Similarly, buying even the basic furniture can turn out to be very expensive. Renting is a great option as it offers the perfect blend of affordability, cost-effectiveness, and flexibility. Especially if you move around a lot, renting is something you will find extremely convenient. This way, you will not have to compromise on at least the basic necessities, and it will not completely sabotage your bank balance.
If you love exploring new places even a little bit, you might find this one a bit difficult. Each new city offers a number of attractions in form of activities, restaurants, nightclubs and much more. It is natural to feel attracted to such temptations.
However, this is where self-control comes in. While in the beginning it might feel like you are depriving yourself, you will soon reap the benefits of resisting the temptation of eating in a fancy restaurant. For the first few months, stick to home cooked meals and quite weekends, and your wallet will be thanking you for it.
Become a smart shopper
When you absolutely need to shop for a product or a service, try to look for deals in and around your area. Don’t restrict your research to the areas you know, and if need be, venture into the unknown to find the best deals. If you get lost, the map application in your phone will offer all the help you need.
Look for relevant sales and store clearances, purchase products in bulk, and bargain as much as you can to keep your wallet full during the initial months in your new home. Similarly, there is nothing wrong with trying to bargain with the general service providers like the cable company, waste removal service, internet service provider. In most cases, they need you as much as you need their service, and are willing to meet you halfway in terms of pricing.
Moving to a new city can be an expensive affair. However, if you employ a little bit of planning, and combine it with a tinge of self-control and proactive thinking, making the move can be a much more comfortable experience. Saving up in the initial months will ensure you can enjoy the kind of lifestyle you are used to in the longer run, without exhausting your savings.