Keep Finances In Check After Moving To A New State

Keep your finances in check when moving to a new state.
Moving to a new state can be expensive!

Even with all of the upsides, moving to a new state is downright expensive. Before you even arrive at your new destination, you’ve potentially spent plenty on packing supplies, moving vehicles and a moving team. What’s worse is that, once the drive is over, the expenses probably aren’t going to stop; you’ve got a new life to set up.

Here’s how to keep your finances in check after you’ve moved to a new state:


While moving with your furniture can be expensive, buying new furniture for your new home or apartment could end up costing you even more. So, if you are planning on buying instead of shipping, make sure you sell your old stuff. When you’ve arrived, you’ll want to either get secondhand furniture, cheap furniture (like, the least expensive stuff at IKEA), or just the bare essentials. Furniture is expensive! Take your time (probably months) decorating your new space, so you can avoid taking out a loan or wracking up an enormous credit card bill.


Rent your new space instead of buying it; buying a new home would, by a really large margin, exceed the other costs of your move.

License and registration, please.

Take your time getting your state ID or driver’s license, as well as registering your vehicle in your new state. Each state has a window of time wherein you can do these things, since they require proof of residency (usually your new address on a utility bill or financial institution statement). You’re also going to need to change your car insurance coverage, which you’ll want to do before you register your vehicle, but not before you move. If you take the allotted time your state gives you to get your governmental affairs in order, this will give you more time to sort through new insurance plans.

Slow Your Roll

Learn your new city slowly, so that you’re not spending too much money at restaurants and bars right away. Or, even better: get to know your city on foot or on bike; take advantage of its parks or its natural outdoor features.

Since moving to a new state is so expensive, it’s important to take the time and settle in slowly. If you don’t, your wallet, and savings account, can take a pretty big hit. You’re going to live there, after all, so you have the rest of your life to settle in and explore the city on your own time… and budget.

Bonus Pro tip

Use your rewards debit or credit card for moving expenses to rack up points. Then redeem your points for restaurants and events in your new location!


Published by

Tom S.

Tom is a 2006 graduate of UW Madison, currently residing in Verona with his wife and 2 girls. He has been passionate about writing ever since he was 15 years old, and displays that same enthusiasm in his work today. When he’s not sharing insightful financial wisdom, you can find Tom chilling on the Union Terrace, enjoying craft beer at the Great Dane, or hiking at Governor Nelson State Park. In the Fall he loves to take his family to Badger Football games!