Eight steps to saving $1,032.40

A thousand bucks, to be sure, is a lot of cash. It could be used to pay off a good chunk of a monthly mortgage payment, your entire holiday shopping budget or, with electronics prices these days, you could buy a great new flat-screen TV.

Of course, in this economy, few Canadians have a thousand big ones just lying around. Yet, that's not to say — with a couple tweaks to your spending habits — you couldn't be well on your way to saving up this amount. Using these moves, as per MSN's best estimate, here are eight modest steps you can take to save $1,032.40 over the next year.