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5 Clever Moves When You Have $1,000 In The Bank

SAVING & SPENDING
Last updated Aug. 22, 2024 | By FinanceBuzz Editors

Boom! You’ve saved up $1,000. What a fantastic feeling. No more stressing over your account balance every day!

And thanks to your hard work, you’re now on a solid path. But what comes next? What big goals are you eyeing? You could earn extra money playing games … rapidly start getting out of debt … fund a major purchase … and much, much more.

It’s time to think about your next move. (It’s why you’re here, after all!) Below, you’ll find truly actionable steps you can take to elevate your financial game. Let’s take a look:

Ohio Driver? Cancel your car insurance

We’ve got bad news. You could be wasting $600 every year on overpriced, second-rate car insurance. And you should probably cancel your existing insurance right now, because there’s something much better.

This new tool from FinanceBuzz can tell you if you’re overpaying for your car insurance in just a few clicks. We match drivers with companies that report saving drivers up to $600 or more per year when they switch! Each driver’s savings will vary by driving history and how many discounts you’re eligible for. And once you try it out, you’ll never have to look for affordable insurance again because we find you the lowest rates that other companies can’t match.

Oh, and it’s also free. And come on — you can’t tell us you don’t want to save up to $600. To find out if you're losing up to $600 or more a year, just answer a few questions, and then make sure to enter your zip, dob, and email, to see if you qualify for a lower rate. It takes less than 2 minutes.

See if you’re overpaying

Earn up to $360 with this cash back account

If you aren’t using the Discover®️ Cashback Debit checking account, you could be missing out on tons of cash back — up to $3601 every year! The catch … you must fund your account within 45 days of opening it to start earning.

How to earn up to $360 in cash back: With this FDIC-insured account, you can earn 1% cash back on up to $3,000 in debit card purchases each month! See website for details.

Get started now, and you could be earning cash back ASAP:

  1. Apply for an account here
  2. Fund your account immediately: To keep your account active and start earning, deposit funds within 45 days.
  3. Start earning cash back instantly: Start earning cash back the moment you begin using your card. You can earn cash back on all eligible purchases!

We don’t know how long Discover will keep this 1% cash back offer live. Don’t delay — if your account isn’t funded within 45 days, it will be closed, and you’ll miss out on this incredible opportunity!

Open and fund your new Discover®️ Cashback Debit checking account here

Pay no interest on balance transfers into 2026

Imagine getting 18 months with 0% intro APR on a balance transfer. Sounds great — right? You could dramatically change your financial picture with this industry-leading card - the Citi Double Cash® Card.

If you want to kick high-interest credit card debt to the curb, this is one of the leading get-out-of-debt cards available. Transfer your high interest debt to this card with a 0% intro APR on balance transfers for 18 months. After the intro period for balance transfers, the APR is 18.74% - 28.74% (Variable). Your payments can go directly to paying down your balance without incurring a pile of additional charges. That could save you hundreds of dollars in interest!

It doesn't stop with balance transfers though. Cardholders can also earn double cash back — 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases; plus, a special travel offer, earn 5% total cash back on hotel, car rentals and attractions booked on the Citi Travel℠ portal through 12/31/25. Even better, you can redeem your cash back as direct deposit, a statement credit, or even a mailed check! You can turn your everyday purchases into cash back and make a dent in your debt, regular bills, or save for the future.

The best part? There's no annual fee with the Citi Double Cash® Card(Rates and fees).

Click here to apply now for the Citi Double Cash® Card

Ask this company to pay off your credit card debt

Credit card debt is suffocating. It constantly weighs on your mind and controls every choice you make. You can end up emotionally and even physically drained from it. And even though you make regular payments, it feels like you can never make any progress because of the interest.

National Debt Relief is designed specifically to help you get out of credit card debt faster, without having to make drastic life changes. With National Debt Relief, you could pay off your credit card debt (with potentially way less interest) in one simple monthly payment.2

How to get National Debt Relief to pay off your debt: Sign up for a free debt assessment here. (Do not skip this step!) By signing up for a free assessment, National Debt Relief can immediately assist you in paying off your debt, but only if you schedule the assessment.

Try it

Hit your goals faster with a financial planner who gets you

Life’s milestones should be exciting, not stressful. Whether you want to buy a home, plan your dream vacation, or start a family, a financial planner can help you tackle your goals head-on. And thanks to Fruitful,3everyone can access a personal financial planner (not just the ultra-rich).

Sign up for Fruitful, and you’ll get more than a plan for budgeting, saving, and investing. You’ll feel in control of your future and supported every step of the way.

You can hand-select your own friendly CFP® professional, get a simple blueprint for your goals (not a confusing 100-page “financial plan”), and message your planner anytime from your phone.

The best part? There are no investment minimums or management fees. Their transparent monthly pricing could end up being less than half the cost of traditional advisory firms.4

Get started by answering a few questions about your goals. You can even try Fruitful risk-free for 30 days.

Sign up for Fruitful

Borrow up to $50k to finally crush your debt

Looking for some cash to pay off credit card debt? A personal loan could help.

Our partner AmONE will match you with loan providers to fit your specific needs. Just fill out one quick application and they’ll show you multiple loan offers. There's no fee and no minimum credit score needed to see your rates.

Why not check if you qualify? As long as you’re approved, you could receive your loan as early as the next business day.

Get a loan offer here

  • You could save up to $600 with some companies
  • Compare dozens of providers in under 5 minutes
  • Fast, free and easy way to shop for insurance
  • Quickly find the perfect rate for you