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:
Table Of Contents
#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).
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.

I’m the founder and writer here at NigelChua.com; as well as serial entrepreneur, therapy business entrepreneur, digital entrepreneur, investor and also happy husband, father and Christian.
Started and sold off a business for 7-figures; built another 7-figure one and growing it further, plus building/investing into other businesses and investments as well as advisory works.
Nowadays I share and teach entrepreneurship, financial independence, retiring early as well as building and living a life you love.
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