2/15/08

Money Considerations when Moving

Hey friends, fans and faithful blog readers...The Monetizer was recently involved in a big out of state move. As you know there's a lot involved when you make a move to a new residence. If it's an apartment setting you may have a lot of loose ends to tie up back home. Here's some tips on things to think about when moving..

1) Bank - This has been the biggest challenge so far. My bank located back home doesn't have branches in the new state. The challenge comes because I used to be able to move funds from PayPal or other sources on a day's notice. Now there's a new stumbling block in automatic withdrawals, etc. So the bank is one thing to consider first and foremost when moving.

2) Utility/Bill companies - The beauty of most companies these days is that you can do things online, such as pay the monthly bill and if you need to, cancel service. I've been successful in cancelling Eletric so far, but the Cable and Phone/DSL will require phone calls. A lot of these services require a certain amount of notice to cancel, or you will get billed for another month. The gym I belong to either wants you to cancel in person, or send a certified letter of cancellation. So there's a bit of a process involved in quitting a health club, although it may differ for different gyms.

3) Apartment lease - Apartments are very different in lease policies. Some will allow month to month renting, others do it by the yearly lease. There can be fees involved for breaking the lease and then any problems that the apartment may have. It's something to consider before leaving that you do your best to leave the place how you first moved into it. This isn't always cost effective at the time, but it can save you money for damage fees. Often the security deposit can aid with this.

4) Change of address - This one actually costs you a whole dollar by credit card should you choose to do it online. It's smart to do this as quickly as possible to make sure you get that mail, bills and of course checks from various companies! You can use USPS.com to make the change, and it works pretty well. Beware though, they put you through a ton of extra as you go along such as "would you like to subscribe to any of these magazines?"

5) Internet work/Blogging - Until I get hi-speed here, I am forced to work with the old school dialup. That can be tricky with just one phone line and roommates, but I will manage to get my work in when I can. It's probably the biggest stumbling block so far, but these things can be overcome.

There's a ton to think about and do when you move, and the above things can be financial difficulties, only if you let them. It's always good to plan in advance, otherwise you will be throwing away that hard earned money you're making online!

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