7 Things You Should Not Spend Money on After a Move (2024)

1. Furniture

Your new home may have additional bedrooms or an office space you didn’t have before. Leave the spaces empty if you need to. You do not have to immediately fill every space with furniture the day you move in.

Take some time to figure out paint colors and how you want your new home to feel. Shop around and save up for new furniture. This could take anywhere from one month to one year. There is no rush to filling your space. If you take your time, you will love your new stuff that much more after you pay cash for it.

2. Blinds & Curtains

This can be a tough one to not purchase right away. I am a privacy freak and could not stand the thought of people seeing into our windows at night (I have seen way too many Lifetime movies).

Instead of spending your money on new blinds immediately, use old bed sheets to hang up temporarily. Is this going to look super pretty? No. Is this functional? Absolutely. This will get the job done to buy you some time to save for blinds and/or curtains.

Related Posts:

  • How Much Money You Need to Buy Your First Home
  • Preparing Your Budget for a Move: 4 Costs You Should Be Thinking About

3. Wastebaskets

This one may be hard for you, but this will save you anywhere from $50-$100 pending how many trash cans you have. Instead of throwing away all of your trash cans, wash them and pack ‘em up for the next house. Yes, even the kitchen trash can.

Put on some rubber gloves, tie a scarf over your face to kill the smell and scrub those trash cans! Wash them first with dish soap, then use some bleach to sanitize. New trash cans are not cheap and you will have plenty of other things to spend your money on during the move.

4. Bathroom & Kitchen accessories

There are so many things in your kitchen and bathroom that you will want to get new, but again, it will cost you so much money to replace everything.

The mindset you should have when you are moving is:

If I weren’t moving, would I be buying a new one?

  • Shower curtain, liner, and hooks
  • hanging shower caddy,
  • hand soap,
  • toilet bowl brush (yes, I know this is gross to move. Just do it),
  • plunger,
  • kitchen dish-drain,
  • pot-holders

Pro-tip: Have these items boxed up and easily accessible to unpack right when you move. This will decrease the “need” to go out and buy these things.

5. Towels

Your shiny new bathroom and kitchen will be begging for some crisp new towels and washcloths. Fight the urge to buy these things. Wash what you have before you move and use those until you really need new towels.

Just remind yourself if you weren’t moving, you wouldn’t be buying new towels.

6. Bedding

Wash all of your bedding before the move so you can get all of the new rooms set up. If you are planning to paint and go with a new design in each room, take your time! Think about your paint colors, shop for bedding and save for it.

Use what you have until you are absolutely ready to purchase new stuff. Moving is a great opportunity to start fresh with a new design, but give yourself permission to not have your home looking absolutely perfect right away. There is no pressure to have a magazine ready home within the first week.

The best thing you can do is live in your home for a while before making any big decisions. The bedding you have will be functional so continue to use it!

7. Rugs

You do not need new rugs in your home! Gather all of your rugs, wash the ones you can and put them in your new home where you need them. Where you had certain rugs in your old home may not work in your new home, but that’s okay!

We have been in our new home for almost a year and I still have rugs in places that don’t match with my current decor. Visiting company doesn’t care and I just haven’t made it a priority in our budget to buy new rugs for these areas.

Remember: A rug is just something you walk on. It is not an emergency to get new rugs for the appearance of things.

Easily have a plan to reuse items for your new home using our FREE House Planning Worksheet! Get it now when you sign up below!

7 Things You Should Not Spend Money on After a Move (2024)

FAQs

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

What three things you would never spend your money on? ›

Here are 7 things that smart people never spend their money on.
  • Late fees. Smart people absolutely refuse to throw their hard earned money away. ...
  • Paper products. ...
  • Brand new car. ...
  • Services they can do themselves. ...
  • Snack size convenience foods. ...
  • Full price clothing and accessories. ...
  • Unsatisfactory tax preparation.

What not to take to a new house? ›

Here are 12 things you shouldn't bring to your new home when you move.
  • Expired Items. Be ruthless when going through things with expiration dates. ...
  • Things That Could Go Digital. ...
  • Rarely Worn Clothes. ...
  • Unused Gadgets. ...
  • Things That Harbor Bad Memories. ...
  • Forgotten Magazines or Books. ...
  • Borrowed Items. ...
  • Documentation You No Long Need.
Apr 6, 2018

What should I stop spending money on? ›

50 Things to Stop Wasting Your Money On
  • ATM Fees. Paying for ATM fees is like feeding your money into a paper shredder. ...
  • Bottled Water. Not only does bottled water cost more, many cities' tap water is often as clean. ...
  • Bulk Groceries. ...
  • Cell Phone Data. ...
  • Coffee. ...
  • Fancy Gadgets. ...
  • Flavored Beverages. ...
  • Gasoline.
May 9, 2017

Is $4000 a good savings? ›

Are you approaching 30? How much money do you have saved? According to CNN Money, someone between the ages of 25 and 30, who makes around $40,000 a year, should have at least $4,000 saved.

How to budget $5000 a month? ›

Consider an individual who takes home $5,000 a month. Applying the 50/30/20 rule would give them a monthly budget of: 50% for mandatory expenses = $2,500. 20% to savings and debt repayment = $1,000.

What is the safest thing to have your money in? ›

Here are some low-risk options.
  • Checking accounts. If you put your savings in a checking account, you'll be able to get to it easily. ...
  • Savings accounts. ...
  • Money market accounts. ...
  • Certificates of deposit. ...
  • Fixed rate annuities. ...
  • Series I and EE savings bonds. ...
  • Treasury securities. ...
  • Municipal bonds.
Oct 18, 2023

What is one thing that money Cannot buy? ›

Loyalty – Money has been used to bribe and purchase loyalty, but real loyalty has no price. Peace – All the money in the world can't buy you peace. In fact, money may cost you some peace and cause you a lot of stress in the process. True Friends – They can't be bought, sold, rented, auctioned off, or leased.

What are the two things you Cannot buy with money? ›

The two things that money cannot buy are time and peace.

What should I do the first night in a new house? ›

On your first night in your new home, strive for a quick scrub down of necessary surfaces. This will be just enough cleaning for a few days, and it will not take too long, allowing you time to get to bed at a decent hour. Along with packing cleaning supplies, it's also a good idea to bring some toolbox standards.

What is considered unlucky when moving into a new home? ›

Common in Western superstitions, it's unlucky to move into a new house on Fridays, Saturdays and rainy days because these days of the week don't allow you to fully settle into your new home. When is the best day to move in? According to Indian culture, it's Thursday.

What should I do the first day in a new house? ›

Bonus points if you can get them done the day you get there (but we totally get it if you just need to crash).
  1. Take meter readings. ...
  2. Find the fuse box and water valve. ...
  3. Give the whole house a good once-over. ...
  4. Check your bin day. ...
  5. Say hi to the neighbours. ...
  6. Track your home's value.

What is a no spend month? ›

The “no-spend” challenge has been around for years but gained new life in 2024, thanks to TikTok and No Spend January at the beginning of the year. Participants are encouraged to go on a spending “fast” by abstaining from buying anything but the barest essentials.

What do you call a person who spends money carelessly? ›

Spendthrift is a noun that means "a person who spends money in a careless or wasteful way."

What is a 50/30/20 budget example? ›

Our 50/30/20 calculator divides your take-home income into suggested spending in three categories: 50% of net pay for needs, 30% for wants and 20% for savings and debt repayment. Find out how this budgeting approach applies to your money. Monthly after-tax income.

Is the 50 30 20 rule outdated? ›

However, the key difference is it moves 10% from the "savings" bucket to the "needs" bucket. "People may be unable to use the 50/30/20 budget right now because their needs are more than 50% of their income," Kendall Meade, a certified financial planner at SoFi, said in an email.

What is the disadvantage of the 50 30 20 rule? ›

It may not work for everyone. Depending on your income and expenses, the 50/30/20 rule may not be realistic for your individual financial situation. You may need to allocate a higher percentage to necessities or a lower percentage to wants in order to make ends meet. It doesn't account for irregular expenses.

When should you not use the 50 30 20 rule? ›

The 50/30/20 has worked for some people — especially in past years when the cost of living was lower — but it's especially unfeasible for low-income Americans and people who live in expensive cities like San Francisco or New York. There, it's next to impossible to find a rent or mortgage at half your take-home salary.

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