The Best Ways to Spend Your Relocation Allowance Effectively
When moving overseas for work, your employer will likely give you a lump sum relocation package. This is to cover the expenses of moving abroad. For many, it’s the incentive they need to make the leap – after all, moving is expensive and the money eliminates the financial burden. But, how do you ensure your relocation allowance is best spent?
Do your research into moving from A to B internationally
It may sound obvious, but if you’re moving for the first time there’s a lot to consider when moving internationally. The chances are even the most organized person will have missed a cost from the list, which is why it’s vital to look into every aspect of the move.
From housing to transport, to how you move your belongings overseas. The stress of moving internationally will be lessened even more if you’re prepared and know where you’ll be spending your money.
Don’t give in to temptation
It’s easy when presented with a lump sum, to decide to keep money aside for yourself and/or your family. However, the point of your allowance is to ensure your move is as smooth as possible, and the saying ‘too good to be true’ definitely applies when it comes to international movers.
There are many ways you can save money without cutting corners, and if you follow our advice, you won’t need to set money aside initially to ensure you end up with a little bit kept back.
Ship, don’t fly
Not only is it bad for the environment, but flying your belongings overseas will also burn a hole in your pocket. Yes, you will need a little bit more notice if you’re shipping your items, but the amount of money you save makes it absolutely worth it.
Pack your own belongings rather than using a packing company
One of the easiest ways to save money is by using a self-packing moving company. Many of those moving internationally overlook this option, thinking it’s not viable or there will be customs issues. Put simply, that’s just not true. It is perfectly fine to pack your items yourself – in fact, it will save you a lot of money, and you have the benefit of prioritizing your own belongings.
Nobody knows the sentimental value in your own items more than you, so if you can spare the time, packing them yourself will ensure they’re safe. Not only is UPakWeShip a shipping service – as we mentioned above, a great way to save money – it also offers door to door delivery services across the world. With over thirty years in the moving business, we like to think we know a thing or two about shipping internationally. Having upfront rates is invaluable for budgeting, no matter who you choose to go with, always make sure there are no hidden costs. Our rates include taxes and expenses, so what you’re quoted today will be what you pay on the day.
Decide if you want to use a relocation consultant
Relocation consultants are expensive, but they may be worth it if you’re extremely apprehensive about moving abroad. Your relocation consultant will take the process out of your hands – including looking at neighborhoods to suit you and potential houses.
For those who are comfortable with the prospect of moving, Google is also your friend. Ensure to look for guides on your new home, so you know what to expect if you can’t make a trip over there yourself.