Baby Step 1: Saving $1,000 in one month? It’s possible!
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Without this first step, you won’t accomplish your money goals. Baby Step 1 teaches you to make saving a priority, and it gives you the cushion you need to stop using credit and start paying off debt.
Depending on how much experience you have saving money, Baby Step 1 could be a piece of cake—or it could feel downright impossible. We asked our Facebook followers how they save money fast and put together some of their great advice for you!
How Do You Save Money Fast? Work With What You Have!
Lots of folks confirmed Dave’s basics advice: have a good budget and cut back on spending.
'When we first started, I thought, 'This will take forever!' Joanie H. said. 'It took three weeks of staying at home, eating only at home, and sticking to a budget.'
'Create a budget, and you’ll see how much money you waste every month.' Beata T. agreed. 'You’ll get to the $1,000 in no time.'
Others had tricks like stashing away every $5 bill they received or saving all dollar bills and loose change at the end of the day. That might not add up to $1,000 in one month, but it sure can help you get there.
Ready to start saving? Download our free budgeting tool today!
Avoiding dining out was the top suggestion for cutting back on expenses, and many people advised smart spending in general.
'Use cash,' Eve D. said. 'That really helps us see and feel our money.'
![]() Bring in More Money![]()
One of Dave’s favorite ways to get some quick cash is to sell stuff, and his fans are on board!
'Garage sale, eBay or Craigslist!' Traci M. said. 'Sell [stuff] to make money and get rid of things you don’t need!'
If you’re not up for a garage sale, sell some of your old gold or silver jewelry. That can help you easily make hundreds of dollars fast. If your job allows, working overtime is another great way to bring in extra money. If that isn’t an option, consider using your skills or talents to earn additional cash by finding a part-time job.
'You can clean someone’s house for an afternoon, walk dogs, or show someone how to use a computer,' Jenna M. said. 'Teach someone how to cook or teach them how to organize files. Even if it seems like just pennies now, don’t take it for granted. It all adds up!'
Save Money by Making a Few Phone Calls
Myra F. said she’s making the wise move of cashing out whole life insurance policies to knock out Baby Step 1. She’ll get whatever cash is available from the policies and save money on premiums by switching to term life insurance.
Additionally, you might be able to save money each month by shopping around for better deals on life, health, home and auto insurance.
A lot of people said they were planning to use their income tax refunds to build their emergency funds. That’s a great use of the year’s refund, but if you’re consistently getting large refunds at tax time, you should change your tax withholding so you bring more money home in your paycheck. That way there’s no waiting and no giving the government a free loan!
Believe You Can Save Money Fast
No matter what tricks you use or how much money you can dig up, you won’t hit a savings goal if you don’t picture yourself reaching it.
'You have to believe you can do it,' Becky M. encouraged. 'Acknowledge you have to do it. And get to it!'
Now is the best time to start taking control of your money! Learn how to save money, make a budget, pay off your debt, and invest for your future with Dave Ramsey’s most popular course, Financial Peace University.Start Today!
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