How to Save $1,000 for Christmas

Christmas is right around the corner, but did you know there’s still time to save the money you need even if you haven't started saving at all yet? In fact, you can save quite a bit of money to cover the cost of gifts, entertaining, or whatever you want to cover. Let’s take a closer look at how to save $1,000 for Christmas.

Cut Unneeded Expenses

Let’s be honest. There are many expenses you can cut that will help you save the money you need. For example, if you have cable or satellite, you may be able to save $150 a month by cutting the cord. If you have cell phone service through a company like Verizon, you may be able to save $100 a month by switching to Straight Talk or Total Wireless. In just two months, those two bills can result in $500 saved. Talk about easy money.

Live Off Your Stockpile

A stockpile doesn’t have to be just for emergencies. Utilizing your stockpile during the holiday season will help ensure you have more money for gifts and such. If you normally spend $200 a week on groceries, try to cut back to only spending $100 a week and using your stockpile. In two months time, you will have saved $800.

Sell Things You Don’t Need

We all have items laying around our house that we just don’t need. You can sell items through Facebook Marketplace, eBay, Mercari, Poshmark, Etsy…the list goes on and on. Even if you think the items aren’t worth selling, check to see what they sell for on eBay. You’d be surprised that old video games may sell for $60 or more a piece. You just never know.

Take on a Part-Time Gig

There are so many ways to earn money from home. Other than selling items online, you can do freelance writing, graphic design, personal assistant duties, and so much more. You can also earn extra money doing things for neighbors, such as yard work or running errands.

Cash In on Points

If you use companies like MyPoints and Fetch Rewards (use referral code U9787 to get $2 in free points to get started), Christmas is the time to cash in. You can save your points all year long and then cash in to receive gift cards. These can be used for gifts, entertaining costs, etc.

You can still save $1,000 for Christmas. In fact, it’s easier than you think. Cut unneeded expenses, live off your stockpile, and cash in those points. Without hardly any work at all, you’ll have the money you need.