Moving out for the first time is not that scary if you plan well. Planning is the key to the first move, after the first you are experienced in this project. Some think that it is an easy job, just throw a few things in your suitcase and move off only to find them in a great fix. On the other hand, some find this first move a very difficult choice. Not anymore. Just follow the plan you have made.
Making a budget should make the first part of your plan.
You should consider the cost of moving out; full service relocation partner is definitely a lot costlier than self service or Do-It-Yourself services, but they will take the complete load of packing, loading, trucking, unloading and unpacking off your shoulder.
You should consider the time you can spend on packing and related processes so that you can choose a package that fits your budget and take care of your workload as well. This step will also mean a proper research about the relocation partner, the services they offer and cost that will incur in the course of action. You must research well and find a suitable relocation partner to make your move a smooth and easy process.
On the other hand, if you are going for DIY services you should research about the truck and commutation services and the price that will be charged. You must have a fair amount of idea about the truck size you would need.
The financial planning does not end here. You have to think and plan about your new home in new location, whether you want to buy or rent a house. If you want to rent then the insurance, security and advance payment that would be required. If you want to buy, then you need to plan the down payment and EMI.
You should not forget to pay the loan you have taken here. You should also remember to pay your utility bills that will be due before you leave. You must allocate some money for the dues.
You must remember that making a budget is quite easy, but you must create a realistic plan and once you have created it, stick to it. This discipline will help you in the long run in every phase of life.
Nevertheless build an emergency cushion. Usually everything goes right, but you should have a plan to meet the worst, as the saying goes. So save some money for the rainy day, it does not hurt to have some money in hand either.
You need to plan your time as well; time is money, the wise says. You should schedule your packing and trucking, that is obvious. But you should allocate time for paying your utility