CBS Tampa Bay (May 2015) – Forty million Americans are expected to move in 2015, but the decision to pick up and leave may be harmful to both your wallet and your relationship.
A new survey from the new mover marketing franchise, Our Town America, finds that 1 in 6 people go into debt after they move and half of couples felt a sense of both “decreased intimacy” (49 percent) and “increased bickering” (51 percent) as a result of moving’s financial strain.
May’s National Moving Month is expected to see a large number of movers as people move to pursue new careers and put bad credit from foreclosed homes behind them. But while moving may boost one’s career – the survey indicates a harmful effect on relationships and your finances.
More than one-third of survey respondents said their moved “scarred personal relationships” and nearly half (46 percent) said their company did not help pay for any part of their relocation.
Nearly 1 in 3 survey respondents admitted to “accidentally losing” a significant other’s prized possession and half of those surveyed said intimacy with their significant other decreased during the move. “Knick knacks, photo albums, books, decorative towels, and old trophies” were among the items purposefully tossed or donated away by significant others.
Although an overwhelming majority (88 percent) of respondents said that receiving a housewarming gift would make them feel more comfortable in their new residence, less than half (46 percent) said they actually received any welcoming gift. And more than half (53 percent) said today’s neighbors are less friendly than those from their childhood because everyone “seems too busy.”
“These survey results show that it’s critically important for neighbors and local businesses to welcome new movers to town with open arms,” says Our Town America President & CEO, Michael Plummer Jr. “The emotional and financial stress associated with moving takes a heavy toll on new movers. They desperately need a helping hand to limit stress, minimize costs and feel comfortable in their new home.”
Our Town America’s data is from a local survey of more than 300 men and women who have moved in the past five years.
In today's world, moving to a new home may leave a larger dent on your wallet than your personal belongings. A new, national survey reveals that new movers face thousands of dollars of moving expenses, at times $5,000 or more - expenses that cause a debt disaster for 1 in 6 movers. To make matters worse, more than 2 in 3 new movers say busy and unapproachable friends and neighbors add to their emotional and financial stress. - See more at: http://www.franchising.com/news/20140527_our_town_america_national_survey_reveals_moving_ca.html#sthash.bUSR1OKg.dpuf
Source: CBS Tampa Bay
Brittany is the head of Our Town America’s corporate marketing department. She specializes in digital and print media, social media, and public relations.