Relocating is often due to a change in one's job, but whatever the reason, it is important to make sure your money is well-managed and you end up richer for it.
Even if you move somewhere with not much else but the clothes on your back, you can still be financially responsible and successful.
Know when to spend your money, and when to hold back.
If it is going to cost your sanity to try to pack up everything for a last-minute move, don't.
Hire someone to do it, and in the long run it will save you money.
If you are stressed out and tired from trying to do it all yourself, you may forget other important aspects of the move, spend your money unwisely down the road, or perform poorly at your new job or in your new location and end up having to pay anyways in the end.
There are many fees associated with moving and it is important to decide which are necessary and which can be reduced by some smart thinking.
If you are moving abroad, there are many factors to consider and it is vital you plan for every aspect of the move before jumping in.
Many people forget when they move abroad, especially to a location that speaks a different language, they need to have all of their important documents-birth certificate, will, children's school transcripts-translated to be able to assimilate into the new culture with ease.
If you wait to do this until after you have moved, the translations may not say what their supposed you (and you may not realize it) and it can be quite costly.
I recommend finding a free-lance translator, with trusted credentials and glowing reviews, before moving.
If you know someone locally that can do it, do not be hesitant to ask; your work or your children's school might have someone who can help and the cost, to your bank account and to your sanity, will be much less than in your destination location.
It is also important to get your money in order at your local bank and make sure you will have no problems accessing your money in your new locations.
If your move is inter-regional, it will not be much more than getting the name of a banker at the local branch of your bank in your new city, but if your move is international, it will be a bit more work.
Talk to the bankers at your local branch and ask them if they can help you with your transition.
More often than not, they have at least one person at the bank who is trained in international banking and can help you set up your money for easy access no matter where you end up.
Sometimes problems happen no matter how much you plan, and sometimes banks and other agencies can be incredibly slow so make sure you have some cash on hand so you won't be stranded without it if you don't immediately have access to your funds in the new city.
When going from country to country, you usually have to declare over a certain amount of cash and the limit you can carry is per person, so if you are travelling with your family, you can divide your cash by number of people to ensure you maximize the total amount.
Also, if you choose to keep money in your current location, make sure the bank has a valid address of someone trusted so your money is secured.
If you are only leaving temporarily, whether a few months or a few years, you can research and find out what will be the most financially beneficial set up for you.
You may want to rent out your current residence to offset any costs of living in the new location or supplement your income or you may choose to let it go.
The pros and cons to each choice should be carefully considered, along with your final goals of the relocation, so you can get the most, financially, out of your move.
Take care to know what your assets are before moving so you can make sure to protect them.
Whether all your wealth is carried on your back or hidden in your backyard, it needs to be protected so take the necessary precautions to do so and you will have a successful move and relocation.