Well, you have hit that point in your life where adulting is telling you that you need to save. Or, maybe you have a bill, something you want to get, or a trip coming up. Either way, saving $1,000 really isn’t that hard, but you have to know how.
We are diligently working on paying my medical bills from this past spring.
It’s a slow process, but we are working towards being debt free before the year is up.
How to Save $1,000 Quickly
Pay off Debt
Before you can even begin to start saving, you need to get your debts paid off. When you have credit card debts and bills coming out at all times throughout the month, it can be difficult to start saving money.
Start with your smallest debt and get it paid off then work your way up to paying off the other debts by adding a little extra to each payment. We add 25.00 or so to my car payment every month.
Open a Bank Account
Several banks will offer you $200 or more just to open a bank account with them. You may have to keep a certain balance in there, or you may have to keep the account open for 3-6 months. If you follow their criteria, you can score free money for basically doing nothing.
Find bank promotions, here.
Open a Savings Account
The first step in saving is opening that savings account. Start putting $5 per payday in there and increasing it gradually. You could also go with savings apps that will automatically save for you like Digit or Acorns.
Start a Side Hustle
Just because you have a full-time job and limited time doesn’t mean you can’t make some extra cash on the side. The real way to make $1,000 quickly is to get in the game with your side hustle. I started my blog in 2012 and it almost immediately started making income. I’m so thankful that I have a supplemental income because nobody is going to get rich being a third-grade teacher.
Here are a few things you can do to make that $1,000 fast:
Take surveys: You can take surveys in your spare time watching movies or hanging with the family.
Here are a few:
Write for Blogs: If you have a knack for writing, you can make some good money writing blog posts for other people. Here are a few places to get started:
Do Freelance work: There are tons of people that need help from people just sitting at home. Check out some of the places you can offer your services:
Check out our MORE WAYS to SAVE Money
How to Save big at Aldi’s – this is where we do our main grocery shopping
How to Keep Your Clothes Lasting Longer – still looking new
How to save money on MEAT – this is so helpful you have a large family
How to Pay for College on a Budget – my son lives by these simple tips
What other ways have you found to save $1,000 quickly? Share your saving strategies in the comments below!