Here is your step by step guide to save $1000/year:
Start by listing all income and expenses for one month. Awareness is the first step to change.
Create a Simple Budget: Divide your spending into three categories — Needs, Wants, and Goals. Allocate specific amounts for each.
Ask Before You Buy: Each time you spend, pause and ask:
“Do I need this or just want it?”
“Can I get it cheaper? or for free?”
“Will this still matter in a week?”
“What happens if I wait 24 hours?”
Identify Small Leaks: Review subscriptions, daily coffees, and impulse buys — trimming $3/day adds up to $1,000/year.
Set Monthly Micro-Goals: Start with trying to save $85 each month ($1000/year). Move that amount to a savings account automatically.
Frugal Toolkit 