5 ways to save $1,000 in a year

When it comes to saving money, pennies can really add up. With a few adjustments, you might be able to save a thousand dollars a year.

Not only can you save a bundle driving a used car but try keeping that car longer.

Once you've paid off your car, every month you're saving money. You can easily save a thousand dollars a year by keeping your car alive rather than replacing it. A trusted mechanic can help you decide when it's time to finally let go.

You've heard a lot of people talk about cutting the cord when it comes to their cable tv service.
By dropping cable and relying simply on the internet for your entertainment connections, you can save a thousand dollars a year. You'll miss out on bundling discounts, so if dropping cable all together doesn't work for you, see if there are other savings plans available.

If you're still making vacation plans consider staying closer to home and drive instead of flying.

If you're a family of four, that flight could add up to a thousand dollars more than what it would cost you to drive. You'll have extra money to spent on the trip, and some to put away in your bank account.

Finally, when is the last time you shopped around your phone plan? One of the most cost effective ways to keep in touch is through a family phone plan. You can bundle your savings with your immediate or extended family. Some low cost carriers will even offer a fourth or fifth plan for free. You'll want to keep track of the phone carriers to see when they are offering the best deals. Jump at the bargains and put more money into your bank account.

One final tip: skip the bottled water. Sure, you can recycle the bottle, but you're spending lots of money you could be putting into savings instead.