10 Ways to Save $1,000 in 2024

Want to build up your savings or cut costs in 2024? From filing taxes and saving on insurance to buying a car and saving for travel, I’m bringing you 10 ways you can save at least $1,000 this year. And some of these can potentially save you $10,000 or more. The best part? These are strategies you can learn and do on your own. Of course, you can enlist the help of a financial expert if you want more support on your journey.

 

Just know that you have the ability to stash away a good chunk of money this year… and who knows, maybe you’ll finally be able to take that vacation you’ve been dying to go on! Plus, you’ll learn how to get a limited-time discount on our investing course, Six-Figure Debt to Six-Figure Net Worth.

 

In today’s episode, you'll find out:

 

  • How to lower your tax bill with tax-loss harvesting 

  • How car buying services (like Costco or Sam’s Club) can save you money on a new car

  • The best way to save on flights, hotels, car rentals, and other travel necessities

  • When to put off income recertification for income-driven repayment plans

  • Why the stock market’s 26% gain in 2023 could be bad news

  • If you should increase your policy deductibles

  • Why “shopping around” for insurance policies is more than a marketing gimmick

  • The effect of the difference in tax rates for saving vs. investing

  • Why you should open a retirement account if you’re self-employed 

  • When to opt for a brokerage account instead

  • How to file taxes the smart way

  • Why you’re uniquely positioned to weather a potential stock market downturn


Links mentioned: 

 

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Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

 

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