Volume 2, Number 7 July, 2004
Monthly Quote
“The most important work you and I will ever do will be within the walls of our own homes.”
-Harold B. Lee (1899-1973), American clergyman

Tip of the Month

When is it time to get a new refrigerator? Or a new oven? The average life span of a washer is 11 years, while a dryer lasts an average of 10 years. An oven lasts an average of 14 years, a dishwasher lasts an average of 8 years and a refrigerator lasts an average of 10 years. If your appliances are older, you may want to consider scrapping them for newer, more efficient models!

(In: “Household Appliances: Repair or Replace?”, Jean Chatzky, USA Weekend, June 18-20, 2004)

Surprising Costs of Moving

Overview: If you have moved before, you may think that you learned from the mistakes you made last time and will now be better prepared. If this is your first move, all the planning in the world may still mean that you’re in for a big surprise or two. An MSN.com article discusses some hidden costs of a move that may crop up.

As you probably know, planning is essential when you’re gearing up to move. But, even though you may think you’ve considered all of the scenarios, be aware of these possible additional costs:

  • Even if you have bought more boxes and tape than you think you could ever possibly use, you may still run out at the last minute. If you purchased a package deal on packing and moving supplies, last-minute rolls of tape or boxes may have to be purchased piecemeal. If you have to run out to buy these items, hired movers may be standing around waiting – and getting paid – until you return.

  • If you and/or your partner is taking the day off work to move, consider the lost income or the vacation day that could be better used elsewhere.

  • Providing water, snacks and maybe even lunch for movers will be tremendously appreciated. Workers may even be more efficient and may give you breaks on some things.

  • You may want to consider tipping your movers when they finish up. If you decide to do this, you will want to have cash on hand for each person.

  • There are unscrupulous people in every job on the planet. Watch out for movers who are looking to take advantage of you. Workers who are paid by the hour may work more slowly to try to draw out the job for another hour, while workers who are paid by the job may tend to rush, which may result in broken or damaged items.

  • If you are doing some or all of the moving yourself, be extra careful. An injury could mean expensive medical bills, therapy and possibly a lasting problem.

  • Renting a moving truck means that you may have to buy truck insurance if your auto insurance does not cover a rented moving truck. Also, you may want to purchase a rider to cover your possessions: standard homeowner’s insurance will not cover your goods while they’re in transit and truck insurance only covers the vehicle itself.

  • Remember the costs of traveling, even if you are only going a short distance. Gas, hotels, restaurants and tolls can add up.

  • If you’re having especially bad luck when moving, you may get a rented truck that is badly maintained. At best, this means you could be shelling out more for gas. At worst, you could have a breakdown, which means additional hassle even if the truck company reimburses you for the repair.

It can be difficult to prepare for every unforeseen expense, but you can do your best by being aware of the above possibilities. Set aside some extra funds, including cash on hand, for surprise costs and you may enjoy a less stressful move.