Packing up your entire life to move to a new home is mentally and financially stressful. 

There's a lot to put in boxes, people to coordinate and the possibility of setbacks, which tend to crop up. On top of these headaches, you'll have to shell out some money to get everything shipped over to your new property, including costs for a rental truck, packing supplies, movers fees and some food and drinks to thank all the friends and family who help you move. With all the other expenses that come with buying a new home - including the home inspection, appraisal and mortgage fees - you'll want to save a bit on moving day.

Here are ways to lower your expenses:

Get rid of some belongings

Do you remember that ugly Christmas sweater that you received three years ago that still has the tags on it? Have you neglected to open the rice cooker you received as a wedding gift? If either of these statements is true for these or other items, it's time to let some of your belongings go. Raid your closets and other storage spaces and take an inventory of old and gently used clothing, appliances and other possessions.

Toss out anything that is well worn and donate items that are still in good condition. Not only can this reduce the money you spend on packing, but you'll also spend less time transporting your belongings to your new home.

Don't buy boxes

Home improvement stores and moving supply stores have boxes for sale, but you have other options for these packing materials that won't cost you a penny. There are many places that throw away tons of boxes each day and are willing to give them to you for free. Check restaurants, liquor stores, hospitals and drug stores. You can also visit your local recycling center. You may not always have the cleanest options to choose from, but you can save a few bucks on packing supplies.

Cut down your rental truck cost

One of the largest expenses of a move is the transportation. Depending on how much you're taking to the new house, you're going to spend a lot. Whether you get a bigger truck and pay a premium price or a smaller one and pay more for gas to perform multiple trips, it can be easy to spend more than you'd like. Here are some tips to love your rental cost:

  • Compare prices across multiple providers.
  • Plan ahead. While getting your last few items packed away and accounted for, you won't have time to run out and grab a moving truck. Additionally, there's a chance the rental companies will be out of vehicles. Make a reservation well in advance so that you get the truck you want for the price you can afford. Also, keep in mind that warmer months are peak times for moving.
  • See of if you can get a discount. Many companies have special rates for certain days or times.

Call friends and family

Hiring movers can be convenient but costly. In addition to the base fee, they can charge you for dissembling furniture and a host of other tasks. Furthermore, you have to go through the difficult process of selecting the right professionals for the job. Unless it's absolutely necessary to get expert help, ask family and friends to help with the move.

As long as you have duties assigned for each helper and some hot food ready after all your belongings are in your new house, this plan strategy can work without a hitch.