Should you invest $1,000 a month?

Keep reading to find out the potential returns when you invest $1,000 each month over different time frames — one year, 10 years and 30 years. Investing $1,000 every month for one year can kickstart your financial growth significantly. With an average annual return of 7%, you would accumulate approximately $12,392 by the end of the year.

Can investing $1,000 a month make you a millionaire?

Invest in You: Ready. Set. Grow. If you start early, investing $1,000 per month throughout your career could maybe make you a millionaire. CNBC crunched the numbers, and we can tell you how much investing an extra $1,000 per month now will equal when you are ready to call it quits.

Is $1,000 a good place to invest?

The truth is, $1,000 is a great place to start investing and can make a difference in your financial health. Below, CNBC Select suggests several ways you can invest $1,000 and explains how to decide which option may work best for you. Some investments might offer greater returns, but they also come with greater risk.