10 Ways to Save Over $1,000 in 2019

Saving money can be a serious challenge. Sometimes, this is because people have tight budgets, meaning that there isn’t a lot that can be saved. Other times, this is because people have become accustomed to spending the whole of their earnings, which can be habit-forming. However, while saving money can be a serious challenge, it is nonetheless something that should be carried out because interested individuals never know when they might run into some financial problems for one reason or another. Fortunately, there are a wide range of potential solutions that might help. Here are 10 ways that you can save $1,000 or more in 2019:

1. Pay Off Credit Card Debt

For people who carry balances on their credit cards, one of the best ways for them to save money is to pay off those balances. Simply put, the interest charged on outstanding balances is nothing but pure expense, meaning that less interest means more money freed up for more productive uses. Moreover, the higher the interest rate on a credit card, the more true that this becomes.

2. Save a Little a Day

It is common for people to want to put $1,000 in a savings account in one go. However, this is a serious mistake because it makes it much easier for them to put it off because it is a sizable amount. Instead, the easier method would be saving a little a day, which is a practice that will produce a sizable sum within a short period of time.

3. Eat at Home

People who eat at restaurants might want to cut down on those outings. The more that they choose to eat at home, the more that they can save even if it means more expenditure of effort on their part.

4. Make Coffee at Home

Speaking of which, people who like to buy coffee in the morning might want to start making their own coffee at home. With the proper preparation, interested individuals can get great-tasting coffee at an even better price.

5. Don’t Buy Bottled Water

Bottled water is expensive. Each individual bottle might not seem like much, but over time, the cost of those bottles will pile up. Instead of buying bottles of water, just drink the tap water, which should be perfectly safe for consumption in most places in developed countries.

6. Give Up on Vices

Vices such as beer and tobacco can be very expensive. Furthermore, putting a stop to vices can produce even more savings in the long run by preventing a wide range of serious health problems, which will not just result in expensive medical bills but also eat into a person’s potential earnings.

7. Cancel Pointless Services

People who have services and subscriptions that they don’t use should cancel them. For example, if they have cable but aren’t watching it because they are spending all of their TV watching time on their Netflix subscription, it makes no sense for them to maintain both services. Likewise, if they have a gym subscription that they are not using, well, suffice to say that there is no point to paying for something that they are not using.

8. Buy Used Cars

Used cars tend to cost much less than their brand new counterparts. As a result, buying used cars will let interested individuals cut down on what they will have to pay, which in turn, should mean smaller payments on the car loan.

9. Wait to Upgrade

It isn’t uncommon for people to want to upgrade their gadgets to the latest version possible. However, unless they have a pressing need for their upgraded capabilities, they should hold off until they have gotten some more use out of their current gadgets. This is particularly true because the latest gadgets can get very expensive indeed, meaning that keeping up with the latest products can result in a lot of spending in very little time.

10. Consider Alternatives to Cars

For people living in cities, it might be possible for them to stop using cars in preference for other means of getting around. This could be beneficial for their budgets because between the cost of the cars, the cost of gas, and the other expenses associated with them, a car can cost multiple thousands of dollars over the course of a single year.


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