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FinFIRST Blogs
Moving out can be challenging as there are countless things to take care of. The journey to being independent is not only overwhelming but also financially demanding. If you’re worried about the financial strain of shifting homes, follow the below suggestions:
Borrow old furniture from your parents
Choosing to buy new furniture for the house can become an expensive affair. Even picking up just the basics like a bed, couch, table, mattresses, etc., can rack up a huge bill. Instead, you can consider borrowing old furniture from your parents or things they no longer use. This could include spare mattresses, chairs, a TV, or other handy items.
Opt for second-hand Items
While your parents can help arrange some furniture, there may be plenty of things still pending on the list. For instance, a refrigerator, microwave, or washing machine may be somethings you’ll have to pick up on your own. Generally, home appliances cost a fair amount, but you can reduce your expenses by purchasing them from second-hand stores. Since they have already been used, you can get these appliances at a discounted price. However, make sure to check their quality and working conditions.
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Shop from small businesses
Head over to your local market to pick up smaller items you may need for the home, such as decorative pieces, utensils, curtains, etc. The cost of items at local and small stores may be relatively more affordable than high-end stores. You might even get an attractive discount.
Shop small each month
Consider setting up your home slowly rather than shopping for all things at once. Not only does this help budgeting things in order, but it also helps you make a conscious decision. Once the house is set up, you will better understand how to fill up the rest of the space. Remember to avoid filling up your home with excessive things and keep it airier with everyday basics.
Get your friends to help
Pick up cardboard boxes from a local store and get your friends to help you move the more minor stuff. This will cut down the cost of professional packers and movers and help you pace things at your convenience. Once you have shifted all the small furniture and other personal belongings, you can get professional help to move bigger furniture.
These tips will certainly help bring down the additional costs involved in moving. To help make things easier, choose to use a credit card for all your expenses; you even have the option of converting your credit card payments into EMIs for convenience. You can consider the IDFC FIRST Bank Credit Card to get a lifetime free credit card with low-interest rates from 9% to 36% per annum.
Disclaimer
The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject IDFC FIRST Bank or its affiliates to any licensing or registration requirements. IDFC FIRST Bank shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.
The features, benefits and offers mentioned in the article are applicable as on the day of publication of this blog and is subject to change without notice. The contents herein are also subject to other product specific terms and conditions and any third party terms and conditions, as applicable. Please refer our website www.idfcfirstbank.com for latest updates.
