How To Save $1000+ This Month (and every month)

My preferred way to saving $1000 a month is the “pre-paid expenses” (including investments FIRST) ie I will set aside $1K and chuck that into investments, and then pay bills/mortgage/utilities/necessities, and then just use the rest without guilt.

Because I’ve “sorted” the core financial work and stuff that I want done.

But if you wanna squeeze out $1K or more for an upcoming large expense, or to invest more, here are 4 simple tactics you can do:

#1 Retire unused or under-used monthly subscriptions

Such as streaming media such as NetFlix, Disney+, Hulu, Spotify – there are just so many streaming services out there. Kill off the ones you use least/lesser. This can save you around $20-$50+ depending on how much you have.

#2 Slice your underused phone and internet bills.

For your phone bills, you can make more whatsapp/messenger calls (calls over internet), change carriers and even downgrade your plan if you find that you’re not using as much data/voice/SMS.

The same goes for your internet bills.

#3 Plan your meals**

This is one of the biggest movers in terms of savings.

An average meal in US is $20+, so if you can eat home or pack meals during workdays (assuming 5 workdays a week), that’s a saving of $20 x 3 meals a day x 5 weekdays per week x 4 weeks a month = $1200 (if you eat 2 meals a day, that’s a savings of $800 a month).

Read Also  Retire Early To Take care Of People You Love

Of course, have your social meals on weekends with family and friends too (which becomes more special when it’s weekends out eheh) =)

#4 Plan and limit your “silly spending”

We all have impulse purchases and silly spendings, so instead of buying impulse stuff on an as-when basis, which has no limits, why not set aside a budget and a day a month to spend on “silly buying”, without guilt or grief?

This makes me look forward to these silly spending days.

These are just 4 tactics as part of your financial education and money saving tactics that you can do this month to save $1K or more, based on reducing expenses that you dont use in the first place. Explore which expenses are unnecessary to you, and adapt accordingly.

What to do with the $1K savings?

Invest it in safe investments, and set aside a portion to upgrade yourself with more skills and maybe open a business too.

Or treat yourself or your loved ones to a holiday – whatever rocks your boat.

Read Also  Your Side Hustle Is Your Biggest Early Retirement Accelerator

Where To Next?


  • Subscribe to my newsletter – no spam and just my best stuff. Unsubscribe anytime.
  • Go to Homepage of nigelchua.com
  • If you like videos, head to All Videos – all the latest (and all) videos are uploaded there.
  • Visit the Blog to read the latest articles and videos. You can see all / my entire list of previous articles here: Archive
  • Head over my Resources page to the products and services I use to improve business, relationships, health and more.
  • Contact me if you like to thank me for helping you in some way (please, always tell me – it’s such emails that I truly look forward to), interview me, ask me to try a product, or media inquiries.
  • If you like my work and want to support me / my cause by giving a tip / donation or choose to buy stuff at my products and tool page – thank you for your support. You keep me going.