How to Save $ 1000.00 Fast

How to save $1000 fast

If you’re trying to reach your goal of one thousands dollars in the bank, there are really three ways to do it: save it, earn it, or find it. To save $1000.00 fast, consider some of these tips.

Save it from the money you are already earning. Make more money to put in the bank. Find it in your bills, or use other creative ways, like Ibotta to save on groceries.

For the sake of being realistic, the most basic and common way to save up money is from your income. So let’s start there…

How to Save $1000.00 in 8 months

If you want to save $1000.00 dollars in less than a year, March – October is a perfect time to start. It avoids the more expensive holiday months that eat into your money. You might even find you have a tax refund coming back to you that can be used to start your fund. If you do, start there. Otherwise, keep it simple.

Basic income saving principles, will have you saving $31.25 a week or $125.00 a month, to hit that goal of $1000.00 in eight months.

how to save 1000.00 in 8 months. An easy way to save 1000 dollars fast. Other ways to help you save even faster.

Okay, now that we know the simple math of saving $1000 dollars in 8 months, here are some other tips to get you there even faster.

More Ways to Save $1000 Fast

Pay the minimum payments on everything

If you are paying an extra $10 – $20 (above the minimum due) on a credit card, car loan, student loan, etc., stop for the short term. Consider just paying the minimum payment due. Transfer the extra money into your savings account. To avoid the temptation of touching it, try keeping your savings account at a different bank, or credit union then your checking account.

Implement a pantry week

I am a huge fan of the pantry week. I usually do this once a month because I don’t want to grocery shop. 🙂 It also helps use up food, and get creative with what’s in your pantry. If you skip one week’s worth of groceries, that could easily put $100.00 a month back into your savings account.

Read more about implementing a Pantry Week Here

Let $1.00 here and there add up Slowly

People often think couponing is a waste of time. At one point, I would have agreed, but I changed my tune. Couponing has saved me thousands of dollars over the last four years.

It’s so much easier now. Most of my couponing is done digitally. Apps for your phone like Ibotta, allow you to earn cash back on groceries. They have 1000’s of items that earn cash back and you earn a $10.00 bonus when you sign-up.

Ibotta always has extra promotions going on, like “earn $2.00 when you redeem XXX during this time, etc.” It’s exciting to watch your balance add up.

Sign up here for Ibotta

Related Post: How I use digital coupons and a review of letting my grocery store do my shopping

Sell some stuff

Opportunity is missed by most people because it is dressed in overalls and looks like work. Quote by Thomas Edison.

Sell things you no longer use or don’t need on Craigslist or Facebook Market Place. If it’s warm enough, host a garage sale and make sure to advertise so you get lots of foot traffic.

Implement the “30 Day Rule”

Implement the 30 day Rule to save $1000 fast

Keep a running list of what you want to buy. Wait thirty days before buying it.

The thirty days will help give you time to evaluate if you really want it.

Most of the time the desire and dopamine rush will subside. Instead of an impulse purchase, you keep the money in your pocket. Getting in this habit will help with those impulse spending sprees, and help you save your $1000.00 even faster.

Let the Banks Pay You

Back in the day when you signed up for a bank account, you would get some free swag, like a paper shredder. Look for banks where you can set up an account for money.

Offers come in the mail, in value coupon packs, and can even be found on a banks website. It’s not uncommon to see offers of$200.00 for a new account.

Just beware of how these accounts are kept free, so you don’t end up paying fees.

Use the Money Finder & Money Map to go on a money hunt

I created these printables as a fun and pretty way for you to really dive deep and see where you can find money in your budget. You might be surprised how many dollars are slipping through your fingers, that could help get you to $1000.00.

Get your free money saving printables emailed to you below.

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Chanele
Chanele

I’m Chanele. Housewife, Mama, and Chief of Household Management. I love charm, simplicity, and getting organized.

I‘m always on the hunt for inspiration
and love the creative process. All of the tips I share are for busy moms managing a household and family.

Please join me in making magic, molding memories & managing a household.

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