If you’re struggling to put money away each month, whether it be from lack of income, spending more then you make or you just suck at saving, you’ve come to the right spot!!
I made this money saving chart just for YOU! You’re here because you want to know how to save $1000 in 3 months.
I’m going to show you exactly how to start saving money RIGHT NOW, but YOU have to take action and YOU have to put in the work to reap the rewards.
Not spending more money than you make is challenging for most people. It sucks that it’s a reality but here in the U.S. it is!
We’ve all tried saving money before. Hopefully, most of us do it on a monthly basis.
If not, today is a great day to start!
I’m going to give you my very best advice on saving money (Don’t forget we saved $100,000 in 5 years as a single income household, while paying off our debt).
Implement these steps and follow along with our money saving chart and you will save hundreds to thousands of dollars this year!
Make sure you sign up to receive our FREE $1000 Money Saving Worksheet below. This
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The Importance Of Saving Money For Your Future
Most people have a hard time distinguishing between saving for the future or living for today. In the back of our minds, we all know we should be saving for the future.
However, it only takes a second for that little voice in your head to switch to, “live for right now, buy the shiny new object,” and the next thing you know you’re walking out the store with a new $1000 phone.
How do you FIGHT that voice?
This phenomenon happens way too often and it happens to everyone. This is why you need to find your WHY behind your goal of saving money.
Why do you need to save $1000 in 3 months? Find your “why” and write it down. Stick it somewhere you will see every day and let’s get this party started.
“You must learn to save first and spend afterwards!” – H. John Poole
Reasons WHY you might want to save $1000:
- Pay off your debts
- Take a vacation
- Create an emergency fund
- Live a debt free life
- Retirement
How To Save More Money Each Month
We talk a lot about spending less. In order to reach your $1000 goal, you’re going to have to cut back on your expenses so you can start saving. This is where the magic will happen!
We highly recommend setting up a budget. Sign up to receive our FREE Budget Binder below!
Grab Your FREE Budget Binder
Stop stressing about money and take control of your finances today! Plus it's FREE, what do you have to lose?
With the Budget Binder you’ll be able to see exactly where your money is going.
We love using the Envelope System it’s highly recommended by the famous Dave Ramsey. If you haven’t already, you can check out what he’s all about here.
This is the system we used to save $100,000!!!
Here are more ways to save more money:
- Grocery Store Hacks That Will Help You Save Money On Food
- 10 Awesome Hacks That’ll Save You Thousands On Your Household Items
- 50 Genius Frugal Living Tips You Should Adopt To Save Money
- Create Better Money Habits By Kicking These Bad Ones
The BEST books on saving money!
I Live Paycheck To Paycheck, How Can I Save Money
I already live paycheck to paycheck, I have no money left to save, how can I possibly do this type of money saving challenge.. Does this sound like you?
I hear this A LOT.
How do you save money if you already live paycheck to paycheck? I’m not going to sugar coat it for you, it takes a little sacrifice but you can do it!!
The funny thing is, most people who live paycheck to paycheck actually make a good amount of money. Or at least have enough to save each month.
They just live beyond their means and spend more money than they make.
If you’re currently living paycheck to paycheck here’s what I want you to do… before starting this 3-month money saving challenge. Take one month and write down every single dollar you spend, every dollar your husband spends, and every dollar your children spend.
EVERY LAST DOLLAR!!
At the end of the month, I think you’ll be pleasantly surprised at what you notice. I guarantee that you will notice that there were quite a few items you could have cut out of your spending.
If I’m wrong, this next section is for you!
If you want an awesome budgeting tool that can help you track all aspects of your finances, you have to check out these budgeting spreadsheets.
Related Resource: Stop Living Paycheck to Paycheck: Pay Off Debt and Start Saving Money
How To Make Money Fast
Being able to save $1000 with our money saving chart is a huge step towards you reaching financial freedom, or whatever GOAL it is you’re trying to reach..
However, if the money is just not there and you can’t cut your spending any further it’s time to start thinking about how you can make more money.
1. Get a part-time job
If you’ve exhausted all of your options and you can’t manage to save another dime, get a part-time job. I know a part-time job might be a lot to add to your already full plate but it’s only temporary.
2. Sell second-hand books
Do you have textbooks or electronics lying around your home that you don’t use? I know many of you still have old textbooks stuffed under your bed or in your closet.
If so, you have to try Amazon trade-in program. All you do is enter your books ISBN number and then Amazon will give you a trade-in price. They even send you postage so shipping is free. In return, they send you a gift card with Amazon dollars!
Guys, I sent 12 of my old textbooks in and made over $300. So make sure to check this out!
3. Take online surveys
Are you ready to get paid money simply for giving your own opinion? If so, you’re going to love online survey sites such as Survey Junkie.
You spend a few minutes taking a survey and then they pay you cash. If you have downtime this is a great way to make some extra money.
Here are a few reputable survey sites you need to check out:
- Vindale Research
- My Points
- MySurvey
- i-say
- YouGov
- InboxDollars
- OneOpinion
4. Start your own website
Are you extremely passionate about cooking, traveling, mom life, DIY or crafts? How about having a love for writing?
What if I told you that you could make thousands of dollars BLOGGING about your passion?
Well, you can!!
Our blog made us over $20,000 in a single month!
Start your own blog today and learn how to make money doing something you love.
Related Resource: How To Make Money Blogging This Year
5. Get cash back when shopping with Rakuten
This is one of my favorite ways to make extra cash!
Why you might ask.. Because you can make a lot of cash using it!
Rakuten is super self-explanatory. Next time you do online shopping at stores such as American Eagle, Khols, Target, Macy’s or any other of their 2,000 stores, head over to Ebates.
On the Ebates website, click on the store you’re doing your shopping at and then shop away as usual.
Rakuten will pay you a cash back bonus just for shopping through their site. It’s free and its easy!
Use OUR LINK and when you spend your first $25 you’ll get a free $10 cash back welcome!
Related Resource: How To Save Money Shopping Online With Rakuten
6. Babysit
Nowadays, babysitters make a lot of money!! Parents pay big bucks to make sure their children are in a safe environment while they’re away. If you love kids, you can easily make $10-$20 an hour babysitting.
7. Sell your clothes and other household items
There are so many different places you can sell your used items. This makes it super easy to make cash fast!
Here’s a list of the best places to sell your used clothing and household items:
- Marketplace (on Facebook)
- Facebook garage sale sites. Just about every town has their own personal online garage sale site where you can sell used items.
- Craigslist
- eBay
- Amazon
- Local thrift shops
Related resource: 10 Awesome Hacks That’ll Save You Thousands On Your Household Items
8. Swagbucks
Do you want to earn gift cards for items you’re purchasing online? Shop online like you normally would at sites such as Amazon, J. Crew, Home Depot and many others (they partner with over 1000 different stores).
Swagbucks will help you find the best discount for the item you’re looking for. In return, they give you points for shopping through their site. You can then redeem those points for gift cards to your favorite stores.
Make sure to check out Swagbucks next time you do your shopping online.
9. Start a side hustle from home
Winter is upon us, do you know what that means? Your neighbors are going to be looking for someone to shovel their sidewalks and driveways.
Don’t get snow where you live? Well then, maybe your neighbor is looking for a hand building a deck or doing yard work.
If you have a talent that others might need, take your skill set and do something with it. Don’t forget to let them know it isn’t free!
Related Resource: 40 Ways To Make Extra Money This Week
10. Rent out a room in your house
Hello Airbnb!! Do you have an extra room in your house that you aren’t using?
What about a camper your not using every weekend? Or any other unique place in or outside your home, heck even a tree house.
You can rent out these spaces using Airbnb for extra cash! We’ve used Airbnb a handful of times and we’ve only had great experiences.
We stayed in an Airbnb in Belize last year and loved it. Check it out here!
Remember these are just a handful of ways to make a quick but. The sky is your limit!!
How To Get $1000 Fast Using The Money Saving Chart
Remember we already went over the keys to saving $1000 in just 3 months:
- Spending less, saving more
- Budget your money
- Get a side hustle/ increase your income
How This Money Saving Chart Works
Every week for 3 months you will need to save $84. Does that sound like a lot to you? It might, but I just gave you numerous ideas on how you are going to do it!
Think about it, you only need to make an extra $12 a day to hit your goal in 3 months! When you look at it that way it will probably seem a lot more doable.
It’s all about spending less!
What did you buy yesterday that you didn’t NEED? Next time, don’t buy those extra items.
Use the above strategies we talked about and you’ll be golden. Let’s make this happen!
You can download my free money saving chart below to get started saving $1000 in 3 months!
What Will You Do With The Extra Money
How do you plan to hold onto your extra savings while in the process of reaching your goal of $1000? Do you plan to hold onto it in a jar at home or a savings account at the bank?
If you are looking to save money short term, and you don’t like to have cash on you, I would open a normal savings account at CIT Bank. Automatically transfer $84 into your “new special savings account” once a week or $168 every 2 weeks.
This way your money never touches your fingers and you won’t have the opportunity to spend it.
Best tips for picking the right savings account:
- We’re trying to SAVE MONEY, right?? Yes, so please make sure the bank you chose doesn’t charge a monthly fee. When I was looking for a new bank when we moved to Minnesota, I was going to open a new saving account at a credit union and they wanted to charge me $2 per month. Um, no thank you. I’m trying to save money!
- If you don’t have debt or are planning to save your $1000 long term for a future vacation, etc. Find a bank with good interest rates. I higher the interest rate the better. Try doing some research on Money Market Accounts.
- Like I mentioned above, automatic transfers is where it’s at! Especially for those of us who aren’t good at keeping track of every penny we spend. Save first, spend later!
Okay, so what are you going to do with your extra $1000? Hopefully not spend it, RIGHT!
Pay Off Debt And Other Expenses
Do you have debt? Sadly most of us do.
I can’t even explain how freeing it is to pay off bad debts as soon as you can. You just have to do it and feel the relief!
Bad debts are debts such as any personal loans and credit card debt. Do you have any of these? If so I highly recommend you start by knocking these types of debts out of the park.
Once you knock down one debt, it will free up more of your money each month. Use that money towards knocking down the next debt.
Build A Emergency Fund – Prepare For The Unexpected
You don’t have to pay off all of your bad debts to start saving for a rainy day. Even if you’re only able to hide away a few dollars a week in your dresser drawer, do it. It will add up and at some point in time, you will need it for some unexpected emergency.
Your goal should be to have your emergency fund equal 4-6 months of your expenses.
Need help with tracking your emergency fund. Use the Emergency Fund Tracker in our Budgeting Spreadsheets.
Invest For The Future
COMPOUNDING INTEREST is an amazing thing! What if I told you we’ve made five figures this year JUST OFF INTEREST! Even if we didn’t add a dime to our investment accounts this year, we are still making money, a lot of money at that.
I’m not telling you this to brag. I’m telling you this because this could be YOU if you start being smart with your money!
If you haven’t already downloaded your FREE printable workbook to save $1000 in 3 months, DO IT NOW! It could change your life.
If you enjoyed this post make sure to pin it for later!
If you have any creative ways to save money every day, I want to hear them below!
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I once saved money for xmas gifts starting in January. I began by putting from 1 dollar bills to 5 dollar Bill’s in a yellow manilla envelope. Including all change I had in my purse or my husband’s pockets. By black Friday we had enough for all our xmas gifts and some to begin the next year’s gifts. Hope I can complete your challenge. I took out a personal loan at a high interest when I lost my job now it is killing me to pay 300 a month and it is not going down. Help!!
Hi Teresa,
That’s an awesome plan to save money for xmas gifts. We always like to start saving early for the holidays! Make sure you are taking every extra penny you have and putting it towards the high interest loan. Look for ways to cut back on your expenses in other areas to help you pay it down faster! Good luck and I hope that you are able to crush that debt fast!
David