How to Make Money

How to Save Up to $2,000 in 12 Months (A Month-By-Month Guide)

Updated September 30, 2016
by Kyle Taylor
Founder

Listen – I get it. There are more than 5,000 different ways to make and save money on this blog — sometimes it can be a little overwhelming.

It’s not easy to know where to start, right?

So, we put together a month-by-month guide to help you save an extra $2,000 this year.

Nothing on this list requires you go to a second job every night, nor will these tasks pull you away from your family. In fact, it’s mainly stuff you can do in front of the TV!

Also, these ideas are just suggestions. If there’s a task during one month that doesn’t really suit you, you can easily replace it with something else (just click the “Money Hacks” tab at the top for more ideas).

Let me know if you have any questions! Good luck!

Month 1: Open a Separate Checking Account

First things first, open a separate checking account and deposit $100.

You can save this extra money at your existing bank, but I find I’m less likely to withdraw the money if it’s somewhere else.

There are a bunch of banks with low fees these day, but one of my favorites is Aspiration, because they’re interest rate is 100x what a normal bank will give you, plus they reimburse you for all ATM fees. 

I know it doesn’t seem worth it to deposit only hundred bucks, but getting started is an extremely important first step! Just trust me.

Total Saved: $100

Month 2: Install This App and Earn an Extra $65

This month’s pretty easy. You just have to install the Media Insiders app on your phone by the trusted analytics firm, ComScore.

The app’s purpose is to collect anonymous statistics from your phone to help your favorite websites, apps, tech companies and mobile carriers give you better services and more features.

  1. Here’s a link to download Media Insiders (it’s completely free).
  2. The app collects your location data, and in exchange, lets you earn points which can be redeemed for Paypal or Amazon gift cards. You can earn around $65/year with this one.

Total Saved: $165

Month 3: Give Your Opinion to Earn $30

The goal for this month is just to save an extra $30.

There are a ton of ways to make that happen, but one easy option is to sign up with Ipsos Panel.

Ipsos Panel is one of the only legitimate paid survey companies out there (they’re rated an A+ with the Better Business Bureau).

You might recognize the name from the news, because they conduct a lot of the presidential polling.

Most of you know surveys aren’t my favorite way to make extra money — they can be a little time-consuming.

But I make an exception when I’m just vegging out on the couch. I figure as long as I’m just watching TV, I can click a few buttons at the same time.

Sign up for this at the beginning of the month and promise yourself you’ll login a few times each week. You’ll have no trouble earning an extra $30 this month.

Total Saved: $195

Month 4: Write an Article and Earn an Extra $75

Did you know The Penny Hoarder will pay you $75 to write an article for us?

Seriously.

If you’ve got a creative way to save or make extra money, we want to know about it. Head over to this page to learn more about how to pitch our editor with your idea.

Total Saved: $270

Month 5: Switch Search Engines to Earn $50

If you’re willing to try a different search engine, you can earn over $50/year.

Just sign up for Microsoft Rewards — every time you use Bing to make a search on your phone or computer, you’ll earn extra money. If you make 15+ searches a day, you should earn $50+ every year.

Total Saved: $320

Month 6: Interact With Advertisers to Earn $50

One of my favorite ways to make extra money is with InboxDollars, because they pay you to interact with advertisers.

They’ll pay you to take surveys, watch ads, clip coupons and try different products.

Now, you’re not going to get rich doing this, but you can definitely make $100. And you’ve got all month to make it happen.

Total Saved: $370

Month 7: Negotiate Your Bills to Save $300

We all know you can negotiate the price of a car, but did you know that you can negotiate your cell phone and cable bill?

I recently did this with my AT&T bill. I already had the cheapest advertised plan, but I called AT&T and asked if they could do anything to help me reduce the bill. They ended up knocking off $20/month, saving me $360/year!

I also did the same thing with my cable bill and racked up another $200/year in savings.

Here are some tips on how to negotiate these bills.

Total Saved: $670

Month 8: Rent Out Your Place and Pocket $100

All right, this might not work for everybody, but have you thought about renting out your house or apartment for one night?

I’ve used Airbnb to both rent out my apartment and stay in many others while traveling — it’s a fantastic way to make your home work for you.

Whether you’re renting out a single room or entire home, make the most of your Airbnb rental by following these tips.

Total Saved: $770

Month 9: Have an Online Garage Sale & Earn an Extra $250

We all have way too much junk just sitting around, so this month’s project is to sell some of your old stuff online.

Here are some of my favorite websites for doing just that:

Tradesy: Use this site to sell your old clothes

Bookscouter – Use this site to sell your old books

eBay: Everything else goes on eBay.

Total Saved: $1,020

Month 10: Join a Jury to Earn $150

Have you heard of mock juries?

A mock or surrogate juror reviews evidence and renders a decision to help lawyers prepare for real cases.

I wrote about how I made $150 as a mock juror, which involved eight hours in a hotel conference room.

But there are also some online versions including:

Ejury

Trial Juries

Online Verdict

Join a few mock juries this month and put that extra cash in your savings account.

Total Saved: $1,170

Month 11: Give a Ride with the Uber app

If you find solace on the road and enjoy finding the best route across town, this is a great way to make money doing it!

As an Uber contractor, you’re responsible for setting your schedule and motivating yourself to work — no one is keeping tabs on you. You earn 80% of everything you earn as a driver (Uber keeps 20%).

If you want to give it a try, there are a few things to keep in mind.

You must be at least 21 years old, have three years of driving experience, an in-state driver’s license, clean driving record and be able to pass a criminal background check.

Here’s a link to apply with Uber. You can easily make an extra $200 with only a couple days of effort.

Total Saved: $1,375

Month 12: Become a Search Engine Evaluator and Earn an Extra $625

All right, this month is definitely the toughest.

You’ve got to put aside an extra $625, but I’ve got an idea to help.

Our writer Steve Gillman just wrote about how he made $700 in one month by working for a company that cleans up search engine results. And the company is hiring more people to help.

Search engines are full of errors, so they need real humans to look at the results and judge them for quality, relevancy and usefulness.

If you’re interested in this type of work, head over to this article to get more info on how to apply.

Total Saved: $2,000

Nicely done! You’ve finished the year with a cool $2,000 in savings. Just rinse and repeat every year, and you’ll start to build up a pretty hefty savings account. :)

Good luck Penny Hoarders!

Disclosure: This post includes affiliate links. We’re letting you know because it’s what Honest Abe would do. After all, he is on our favorite coin.

by Kyle Taylor
Kyle is the founder of ThePennyHoarder.com

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