There are probably a dozen things you can think of that you’d do with an extra $1,000 right now. Winter is coming. There are decorations and gifts to buy. Maybe you want to pay off some debt or boost your savings account. Maybe you need a quick weekend getaway. There isn’t much you can do to save $1,000 doing just one thing. But several small things that don’t take much time can add up huge for you! Regardless your reason, here are 21 ways you can save $1,000 in 30 days.
Some Easy Ways to Save $1,000 in 30 days.
The fastest and easiest way to save money is to look into the areas where you are already spending money each month.
- Shop your auto insurance policy. Call your agent or get quotes from 3 different companies and see if you may be paying too much. You should do this at least once a year to make sure you’re getting the best rates.
- Review your cell phone plan. Are you consistently only using 2 GB’s of data each month but paying for unlimited? Do you have “extra’s” to your plan that you don’t use? Call your carrier and ask them for a discount. If another carrier has better rates, tell your carrier about it and see if they’ll match or beat it. If they don’t, switch.
- Check your home utility usage. Do you have a toilet that won’t stop running water? Is there a water spigot outside that is dripping? Can you turn your thermostat up 4 degrees in the Summer or down 4 degrees in the Winter? Are you leaving lights on unnecessarily? It may not seem like much, but a few simple changes to your routine at home could result in $20-$40/month in savings.
- Shop your home internet. This is a competitive industry and many providers will compete for your business. Shop around and find the best deal, but ask your neighbors for their recommendations first. There’s nothing worse than saving money but then the new provider can’t deliver internet to your house correctly.
- Cancel unused services. Netflix is great. Hulu is great. Amazon video is great. Spotify is great. Pandora is great. Magazine subscriptions are great. iCloud is great. Dropbox is great. But do you need all of these services at the same time? If your goal is to save $1,000 in 30 days then cutting out some of these services is a great start.
- Cancel cable TV. With YouTube streaming the World Series and Netflix delivering on demand content, there really isn’t much necessity for cable anymore. You can watch most any show you want online for free and with a good antenna you can catch all of the major network TV live still.
- Pause recurring monthly billings. Do you have a pantry full of Shakeology? Do you already have plenty of Monat or Mary Kay for the next month? Products that are set up on auto-ship notoriously ship the products more frequently than we can use them. If you buy things like this and are already oversupplied, press pause on your next shipment and throw that money into your savings account.
- Bank Fees. Does your bank charge a monthly fee for checking or savings accounts? They shouldn’t. There are tons of free options available for banking, including online accounts. Check out a few and switch if necessary.
- ATM Fees. Are you a chronic violator when it comes to ATM fees? You can avoid those fees by going to your own bank and making withdrawals. Or check out some other banks that will reimburse you for your ATM fees.
- Change the frequency of your service providers. Do you have your lawn mowed or house cleaned? Instead of having these done weekly, change it to every other week. Or consider cancelling the service for a season while you use that money to boost your savings.
- Life Insurance. If you have a Whole Life insurance policy, you’re likely spending too much money. Get a 20 or 30 year level term life insurance policy in place that has a death benefit of 8-10 times your annual income. Then cancel your whole life insurance policy. You’ll save money each month on the premium and as a bonus, if your whole life policy had cash value then you’ll get a check in the mail.
- Adjust Your W-4. If you get a tax refund every year and your tax circumstances haven’t significantly changed then you need to adjust your W-4 at work so your company takes less out of your check for federal income taxes. That’s your money. Bring it home sooner into your bank account rather than let the government hang on to it for a year for you. This is super simple to do and can make a huge impact on your budget.
Easy Ways to Cut Food Costs and Save $1,000 in 30 days.
One of the other major areas to help you save $1,000 in 30 days is to adjust your food budget. Here are a few ideas that might help.
- Shop your pantry and freezer first. Before you go to the grocery store or out to eat, check out the food you already have in your house. Do you already have spaghetti sauce in the pantry? Can throw together a meal or two with the items in your freezer?
- Meal Plan. Coming up with a plan for what you’ll eat and when you’ll eat it is a great way to save money. It forces you to think about the meals for the coming week beforehand and you can buy exactly what you need at the store.
- Buy meat when it’s on sale. That seems like a dumb point to put in this article. Of course you should buy things you need if they’re on sale. If you see that chicken breasts are significantly cheaper at the store than they normally are though, go ahead and buy a few extra and put them in the freezer. Later in the month you’ll have meats for you meals that you bought when they were on sale.
- Leftovers and Sandwiches. It may seem obvious to some, but when you do cook make enough extra that you can have lunch tomorrow. Sandwiches are also an inexpensive way to feed your family when you’re on-the-go. For a fancier option, heat up your sandwich on a skillet.
- Breakfast for Dinner. This is also probably silly. But eggs, bacon, and a can of biscuits cost like $8 and can feed a family of 4 pretty well. You may not want it all the time, but breakfast for dinner is a great cheap option to help save some money.
- Chick fil A survey receipts. Okay so this is just a bonus one for me. If you have a Chick fil A with the survey receipt, call that survey number and then go get you a free chicken sandwich.
Income Ideas to Help Save $1,000 in 30 days.
- Garage Sale. You have a ton of stuff in your house you aren’t using anymore. This could be old baby clothes or toys or home decor or electronics. If you’re not using it, haven’t used it, or just don’t want it around anymore, then move it out to the garage and get ready for a garage sale.
- Facebook buy/sell/trade groups or Craigslist. Selling items online is often faster and will make you more money than selling in a garage sale. If you have time, take some good pictures of the items and start posting them. You’d be amazed at how much money you’ll make getting rid of your old stuff.
- Start a side-hustle. Mow lawns. Clean houses. Clean pools. Rake leaves. Drive for Uber. Deliver Pizzas. To save $1,000 in 30 days you only need to generate an extra $250/week. That’s the equivalence of cleaning 2 or 3 homes a week, or mowing 6 or 7 lawns a week. That’s just delivering pizzas for about 12 hours a week. That’s just cleaning 12 homeowners pools each week. There are an infinite number of ways you can start a side-hustle to generate extra cash fast.
This is in no way a comprehensive list of all the ways you could save $1,000 in 30 days. But it’s a start and hopefully it’s got you thinking of more ways you could easily save some money. If you do 1 or 2 of these things you’ll make progress toward your saving goal and if you combine many of these ideas you should have no problem saving $1,000 in 30 days.