1. SKYDIVING
If you haven’t tried skydiving before, perhaps it’s time to shake off some imaginative goosebumps, brave up, and go for the thrill. It is a once in a lifetime experience and you deserve to know how it feels like. The average cost of skydiving is between $200 and $350 and this might be inclusive of certain packages offered by the company such as a video or photo shoot while skydiving. The skydiving cost should get you a very experienced, highly rated, and certified instructor and the right gear that will keep you and your instructor safe while having a blast time skydiving.
In case you are wondering how safe skydiving is, here is something to reassure you need to know. In 2019, the United States Parachute Association (USPA) reported 2,522 skydiving injuries out of 3.3 million estimated sky jumps. It brings it down to approximately 1 in 1, 310 skydives. It is pretty much safe.
FATALITIES PER 100 000 JUMPS BY YEAR. SOURCE: USPA
2. HOT AIR BALLOON TRIP
Another electrifying experience you can get is viewing landscapes from thousands of feet above the ground. Hot air balloons trips are fun and cost between $200 and $400 per adult. If you have an active imagination that thinks more about the negative side of things than the positive, you may have to reconsider this trip. The goal is to have fun, explore the world around you, and be happy. Hot air balloons are safe. They have one of the fewest fatality rates in the world. But before you get on one, there are a couple of things you need to know.
- Your trip is dependant on the weather
- Dress appropriately, for example, pants instead of skirts, and warm clothing in cold weather.
- Go prepared. Go with your wallet and some snacks. Trips usually last for an hour or more.
- Be nice, friendly.
- Landing can be shaky or bumpy therefore if you have a physical condition that could lead to more discomfort due to the landing, you may have to reconsider this trip.
3. BUNGEE JUMPING
You can already feel the adrenalin rush just by imagining the jump. Bungee jumping is one of the go to activities for serious thrill seekers and it is definitely not for everyone. The average cost of Bungee jumping is $250 per person and the five best places to try Bungee jump are;
- Navajo Bridge, Marble Canyon, Arizona: 467 feet. You can book with Bungee Expedition
- Perrine Bridge, Twin Fall, Idaho: 500 feet. By Bungee Expeditions
- High Steel Bridge, Shelton, Washington: 365 feet
- Stratosphere Sky jump, Las Vegas, Nevada: 829 feet
- Rio Grande Bridge, Taos, New Mexico: 680 feet
Before you go on this adventure, ensure that you book at the right time and that you go with a reputable team. Although the fatality rate is really small, this is not an activity you do with just anyone.
4. SHARK CAGE DIVING
Have you thought of sharing a space with one of the toughest and fiercest predators in water? If you are a thrill seeker, this is a cool way to spend your money. With nothing less than $200, you can start off this adventure. Other costs you have to consider are; deck fee, transportation to and from your lodge, photos with Sharks and sometimes, dive cages may be hired. A thousand dollars will do a whole lot of good for you on this adventure and if you have more dollars to spend, you could consider taking a flight to South Africa for this thriller. Other helpful information;
- Go prepared. Go with your swim suits, towels, sunscreen and cloth change because most dive companies do not offer this.
- Go with cash since there are additional expenses to be made
- If you’re bleeding or have any sort of wounds, you may have to reconsider this adventure. The smell of blood attracts these predators.
- Ask questions before you make a final booking with any dive company. You do not want to go for a free dive whereas you wanted a cage dive and via versa
Best Way to Spend 1000 Dollars for Hobby Seekers
5. A ROAD TRIP
Take a road trip to somewhere you’ve never been before and experience a different way of life for a couple of days. This adventure could end up being fun, exciting, confusing, strange or depressing and that fine. The uncertainty of what you might experience somewhere else is one of the motivations for the trip. One thing is certain, you will learn something new. You could ask a friend or two to go with you, it makes the experience worthwhile, plus costs can be shared. A thousand dollars should cover your fuel tank going and coming back, snack and 2-4days lodging. This is definitely one of the best way to spend 1000 dollars
What you need to remember;
- Ensure that you pack properly. It will help you cut out unnecessary costs and leave you with more cash to spend on important and fun things. Check out what to pack for a 5 day trip, it provides you with a good checklist of what you’ll need for different trips including road trips.
- Grab some snacks. It can be a life saver. You can pick out a good number of snacks from our article gifts for snackers.
6. ARCHERY
If you’ve never tried Archery before, perhaps it’s time to learn how to use a bow and an arrow. You can be one of the cool people we watch on our screens if you get to perfect your skills. Lessons for adults cost between $30 to $60 an hour and this might be inclusive of the equipment. A thousand dollars might cover 10+ lessons depending on the additional fees you might be required to pay. This activity will improve your focus, confidence, coordination, strength, patience and interpersonal skill. Remember, doing something you’ve never done before is one good way to spend money.
7. ARTS & CRAFTS
If you’re generally a creative person and you’ve always fancied art, acquiring art tools might be the best way to spend 1000 dollars. First, you have to identify which type of craft you want to get you hands on. You might not be good in painting but fare better with collage art, paper quilling, pottery, fashion designing, card making, origami, doll making, jewellery making and many more. A little reading and online videos should help you assess your capability. When you’ve identified what you want to do, search for the tools needed and try to acquire them. Find useful tools for card makers, crafters and scrapbookers here.
8. DANCE LESSON
If you were asked “can you dance to save yourself?” what would your reply be? Of course no should demand such from you but what if you could say yes? What if you could surprise people who thought you could not dance including yourself? There are other benefits to dancing too. Look at it as a fun way to burn calories, challenge your brain, improve your balance, boost your mood and improve cardiovascular activity. The cost of each dance lesson is dependent on the type of dance and coordinators but budget between $60-$100. It could be less.
If you are looking for more hobbies to spend on, check out our articles on
- Hobbies for couples in their 20’s
- Gifts for retired dads with no hobbies
- Teenage interests and hobbies
Things to Buy With 1000 Dollars for Shoppers
9. TABLE TENNIS SET
Bring the fun to your house and stay active. Get a table tennis set and invite your boys or ladies over and have them compete with you. It is a fun way to keep your social life active, exercise, improve your coordination and balance and keep the brain alert. You should check out STIGA indoor table tennis. It is a solid brand known for quality Table tennis sets. This product is easy to assemble, easy to fold and of great quality. You will also need to get this Ratchet set if you’re new to the game. These are cool things to spend your money on.
10. REDECORATE YOUR LIVING SPACE
A thousand dollars will not afford a good interior decorator but you can do this yourself. It’s time to organize your sitting room, bedroom or any room you’ve been wishing to upgrade and make that space work for you. You can do this by clearing away so many things that you truly don’t need and introducing only a few items into your space to pimp up your space. There are lots of online videos and articles that could you through this process but here are a few things to buy with 1000 dollars;
- If you have enough books lying around, consider this book shelf
- If you’ve got lots of shoes, consider this shoe rack
- A good vase and wall painting adds a touch of class to a space
- A lovely sculpture too
11. SPEND ON THE PEOPLE YOU LOVE
With a thousand dollars, you can surprise a person you care about with something beautiful or make their wish come true. It is a good way to spend money. If you are looking for something special to get your mom, dad, siblings, girlfriend, boyfriend, husband, wife, daughters or son, make a quick search on our page and you will not be disappointed. Here are some of the article you might want to look at
- Luxury gifts for a man who has everything
- Gifts for men under 1000
- Little surprise gift for your girlfriend
- Present for a 60 year old mom
12. GET A GADGET
Get that gadget that you’ve always wished for if a thousand dollars can buy it or change old gadgets that are giving you a hard time. This Microsoft Surface Pro 6 might interest you. It has good battery life, picture resolution, good screen resolution, 8GB Ram, lightweight and good replacement for heavy laptops.
FREQUENTLY ASKED QUESTIONS
What can I do with 1000 dollars?
There are lots of amazing ways to spoil yourself with 1000 dollars. Thrill yourself with amazing activities such as a Hot air balloon trip, Skydiving, road trip to somewhere you’ve never been before and many more. Make sure you have fun when you can and when you do, do not feel guilty about spoiling yourself with good things.
What can you buy with 1000 dollars?
Upgrade your closet, get new home equipment, if you are into tech, spoil yourself with a new gadget. Opportunities like this don’t come everyday. If you have the time and money money to blow up, ensure you have fun.
CONCLUSION
If you were wondering what to do with a thousand dollar or if you were looking for cool things to spend your money on, we hope we’ve helped you identify the right activity or item to spend your money on. If you feel like you have everything and you still don’t know what to do with your $1000 dollars, check out our article on what to buy when you have everything.
FAQs
What is the best thing to do with $1,000 dollars? ›
Pay down credit card debt. Pay down student loan debt. Contribute to your 401(k), Roth IRA or other retirement account. Make home repairs.
What can I do with $1000 to make more money? ›- How to invest $1,000 to make money fast.
- Play the stock market.
- Invest in a money-making course.
- Trade commodities.
- Trade cryptocurrencies.
- Use peer-to-peer lending.
- Trade options.
- Flip real estate contracts.
- Dyson Airwrap Complete Set.
- Robot Vacuum.
- VR Theater System.
- Oribe Collector Set.
- Dyson Pure Cool Fan and Air Purifier.
- Focal Headphones.
- Car Audio Kit.
- Designer MALOUF Italian Sheets.
- Buy And Resell Clothing. One popular option for flipping 1,000 dollars is to buy clothing to then resell online. ...
- Buy & Sell Collectibles. ...
- Start An Online Business. ...
- Amazon FBA. ...
- Invest In Real Estate. ...
- Invest In Dividend-Paying Stocks. ...
- Stake Crypto. ...
- Rent Out Assets.
- Pay off High-Interest Debt. Fiona's Rating. ...
- Build an Emergency Savings Fund. Fiona's Rating. ...
- Purchase Level Term Life Insurance. Fiona's Rating. ...
- Invest in Your 401(k) Fiona's Rating. ...
- Invest in Yourself. Fiona's Rating. ...
- Invest in Low-Cost Index Funds. Fiona's Rating. ...
- Invest in Real Estate Crowdfunding.
Is 1000$ a lot of money? Money is all relative. $1000 would be a significant amount for those living in poverty and even those who live from paycheck to paycheck. Someone who earns a decent living or has a decent pension, maybe not so much.
Where to put $1,000? ›- Start (or add to) a savings account. ...
- Invest in a 401(k) ...
- Invest in an IRA. ...
- Open a taxable brokerage account. ...
- Invest in ETFs. ...
- Use a robo-advisor. ...
- Invest in stocks.
...
Earn Much, Much More
- Work Hard Now. ...
- Invest in Your Education. ...
- Invest in Yourself and Your Marketing. ...
- Venture into Entrepreneurship. ...
- Try Real Estate.
- Key points. Give every dollar a job, whether that means building an emergency fund, saving for retirement, or paying down debt. ...
- Build an emergency fund. ...
- Contribute to an HSA. ...
- Supplement a 401(k) contribution. ...
- Boost your IRA. ...
- Pay down consumer debt.
What is this? Some of these civil war era notes are so rare that only a few are known to exist. For example, a $1000 bill produced as legal tender from 1862 to 1863, with only three known to exist today, sold for $2 million in 2018.
What can I sell for 1000 a day? ›
- Sell off things you don't need. If you're going to need money in a timeline of hours and not days, selling stuff is one of your best options. ...
- Get Paid to Do Market Research. ...
- Get Paid to Shop. ...
- Resell Sneakers. ...
- Sell an Online Course. ...
- Trade in Used Textbooks.
- 1 – Real estate investing & flipping. ...
- 2 – Make money with app bonuses. ...
- 3 – Make money with credit card arbitrage. ...
- 4 – Bank account farming. ...
- 5 – Get an equity sharing agreement with Unison (get BIG bucks) ...
- 6 – Credit card farming. ...
- 7 – Using the Cash App to earn quick money.
- Sell Everything You Own.
- Rent Out Your Space.
- Rent Your Car & Stuff.
- Start Partnering With Lyft.
- Gameshows, Sweepstakes, And More.
- Get Your Freelance Hustle On.
- Invest In Real Estate With Friends.
- Lend Money To Others.
One of the best ways to multiply your money is to invest it on the stock exchange, said Adam Wood, co-founder of Revenue Geeks. "Since 2000, the S&P 500, a leading stock market index, has generated an average yearly return of 8%. At that rate, your investment would quadruple in nine years.
How to make money without a job? ›- Get paid to test websites.
- Become a crowdworker.
- Design and sell t-shirts.
- Work as a transcriber.
- Shop for others.
- Sell crafts online.
- Get paid to pet sit.
- Sell your photos online.
- Pay off debt. If you have a significant amount of debt, consider putting your extra money toward paying that down or off. ...
- Boost your emergency fund. ...
- Increase your investment contributions. ...
- Invest in yourself. ...
- Consider the timing. ...
- Go ahead and treat yourself.
$2,000 weekly is how much per year? If you make $2,000 per week, your Yearly salary would be $104,000. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 40 hours a week.
Is $40 a lot of money? ›$40 means A LOT to the average middle class family. $40 is money to buy food, hair cuts!, medication, diapers and for a treat a meal out on the town. It definelty means a lot to us.
How much cash is considered rich? ›What's the Dollar Figure for Being Considered Rich? How much money do you need to be considered rich? According to Schwab's 2022 Modern Wealth Survey (opens in new tab), Americans believe it takes an average net worth of $2.2 million to qualify a person as being wealthy.
Where to put my money so it grows? ›- Savings Accounts.
- High-Yield Savings Accounts.
- Certificates of Deposit (CDs)
- Money Market Funds.
- Money Market Deposit Accounts.
- Treasury Bills and Notes.
- Bonds.
Where do I put money so I don't spend it? ›
...
Here are the six places I hide money from myself.
- A high-yield savings account. ...
- A Roth IRA. ...
- A Health Savings Account (HSA) ...
- A 401(k) ...
- A 529 account. ...
- A charity savings account.
- Invest in the Stock Market. ...
- Invest in Bonds. ...
- Invest in ETFs. ...
- Invest With a Robo Advisor. ...
- Private Lending or P2P Lending. ...
- Invest in a Business. ...
- Invest in Rental Properties. ...
- Invest in Real Estate Investment Trusts (REITs)
- 'Invest in something you love. ...
- 'Buy and sell items from garage sales. ...
- 'Improve and invest in yourself. ...
- 'Learn a high-income skill. ...
- 'Write an e-book. ...
- 'Buy a multimillion-dollar business with other peoples' money. ...
- 'Build a personal brand.
- Start Saving Early. The easiest way to build your savings is to start early. ...
- Avoid Unnecessary Spending and Debt. Stop buying things you don't need. ...
- Save 15% of Your Income—or More. ...
- Make More Money. ...
- Don't Give in to Lifestyle Inflation. ...
- Get Help If You Need It.
Save up a mini-emergency fund. Pay off consumer debt (credit cards, auto loans, student loans, etc.) Use it to make more money. Short-term investments – checking/savings.
Is it illegal to have thousands of dollars in cash? ›Despite being the grease that keeps the wheel turning, large sums of money, in cash, will raise the ire of law enforcement. And while having stacks of cash is not illegal, it can result in unwanted police attention, seizure of the cash, and even arrest if evidence of a crime is found.
How much cash do millionaires keep in the bank? ›Studies indicate that millionaires may have, on average, as much as 25% of their money in cash. This is to offset any market downturns and to have cash available as insurance for their portfolio. Cash equivalents, financial instruments that are almost as liquid as cash.
Do they still print $2 bills? ›“Many Americans have pretty dubious assumptions about the $2 bill. Nothing happened to the $2 bill. It's still being made.
Is there 1 million dollar note? ›The United States has never issued a million dollar bill. However, many businesses print million dollar bills for sale as novelties. Such bills do not assert that they are legal tender. The Secret Service has declared them legal to print or own and does not consider them counterfeit.
How much is a $2 bill worth? ›This has led many people to hoard them and, as a result, there are large numbers of $2 bills in good condition that aren't being circulated. However, the vast majority of $2 bills are worth exactly that: two dollars.
What should I do with $1000 in bank? ›
- Pay Off Unsecured Debts. ...
- Create an Emergency Fund. ...
- Open an IRA. ...
- Open a Taxable Brokerage Account. ...
- Start Building Passive Income. ...
- Save for a Down Payment on a House. ...
- Contribute More to Your Employer-Sponsored Retirement Account. ...
- Start a Side Hustle.
Although it is not a large sum of money, $1000 is well worth investing. With many of the options we looked at, particularly ETFs, sums as small as $50 or even $20 are worth investing on a regular basis. It bears repeating that investing is an incremental game.
How can I be a millionaire? ›- Develop a written financial plan. Saying you want to be wealthy won't get you there. ...
- Get into the habit of saving. ...
- Live below your means. ...
- Stay out of debt. ...
- Invest in ways that work for you. ...
- Start your own business. ...
- Get professional advice.
- Become a Ride-Share Driver. Average income of up to $377 per month. ...
- Make Deliveries for Amazon or Uber Eats. ...
- Become a Pet Sitter or Dog Walker. ...
- Get a Babysitting Gig. ...
- Install Christmas Lights for the Holidays. ...
- Become a Home Organizer. ...
- Help With Home Gardening. ...
- Assist With Deliveries or Moving.
- New Appliances. ...
- Overdue Car Maintenance. ...
- Pay Off Credit Cards. ...
- Family Vacation. ...
- New Computer. ...
- Invest It. ...
- Education. ...
- Season Tickets.
The U.S. stopped printing the $1,000 bill and larger denominations by 1946, but these bills continued circulating until the Federal Reserve decided to recall them in 1969, Forgue said.
How much money should you always have in the bank? ›A long-standing rule of thumb for emergency funds is to set aside three to six months' worth of expenses. So, if your monthly expenses are $3,000, you'd need an emergency fund of $9,000 to $18,000 following this rule. But it's important to keep in mind that everyone's needs are different.