If you’ve got $1,000 saved up, whether from a bonus, tax refund, or just solid budgeting, you’re probably wondering: what’s the smartest way to use it? We’ve compiled five smart, high-impact ways to put $1,000 to good use in 2025.
Build an emergency fund
If you don’t already have one, $1,000 is a solid start to a rainy-day fund. Park it in a high-interest savings account to give yourself peace of mind.
Pay down high-interest debt
Using $1,000 to wipe out credit card debt or reduce personal loan balances can save you hundreds in interest over time.
Upgrade your skills
Online courses, certifications or workshops can lead to better job opportunities or even start a side hustle.
Start investing with Stockspot
With Stockspot recently lowering our minimum investment from $2,000 to $1,000, it’s now easier than ever to start your investment journey. Stockspot creates a diversified ETF portfolio tailored to your goals, so there’s no stock-picking or guesswork needed. We’re strong advocates that time in the market beats timing the market and this move to get people invested sooner means more Australians can benefit from compounding returns sooner.
Best for: Long-term wealth builders and those who want a hands-off approach with professional portfolio management.
You can also set up an investment account for any children in your life with the same low $1,000 starting balance. A Stockspot kids account is a great way to build a financial future for your child and is a gift that keeps growing with time.
Take a micro-break or wellness retreat
A short, meaningful trip can recharge your batteries and improve your mental health. Don’t underestimate the ROI of rest.
$1,000 can be the start of something big. With Stockspot’s $1,000 minimum investment, you can start growing your wealth smarter today.
