10 Ways to Save $1,000 in 2024

Published: Jan. 9, 2024, 6 a.m.

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\u2019m 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.

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Just know that you have the ability to stash away a good chunk of money this year\u2026 and who knows, maybe you\u2019ll finally be able to take that vacation you\u2019ve been dying to go on! Plus, you\u2019ll learn how to get a limited-time discount on our investing course, Six-Figure Debt to Six-Figure Net Worth.

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In today\u2019s episode, you'll find out:

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  • How to lower your tax bill with tax-loss harvesting\xa0

  • How car buying services (like Costco or Sam\u2019s 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\u2019s 26% gain in 2023 could be bad news

  • If you should increase your policy deductibles

  • Why \u201cshopping around\u201d 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\u2019re self-employed\xa0

  • When to opt for a brokerage account instead

  • How to file taxes the smart way

  • Why you\u2019re uniquely positioned to weather a potential stock market downturn


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