Sunday, December 10, 2023

Find out how to Dwell on $700 a Month

Immediately, I’m a single SAHM who lives very WELL and comfortably on $18k/yr. I do know that should sound like such a small quantity to reside on, however I guarantee you, I do very nicely for myself. Our household has simply as a lot as a household making $60,000+/yr I guarantee you. God is excellent to us and I work extraordinarily onerous to offer for my household. It’s so simple as that.

But it surely’s not at all times been glitz and glam on what the world calls poverty stage, a number of years in the past, I lived on MUCH much less: $700/month, which is $8,400/yr.

If you wish to get technical, the bottom quantity I’ve ever lived on is $5, however I used to be residing in a homeless shelter on the time, so I don’t rely that. 🙂

My first condo after I received out of the homeless shelter price me $450/month. It was a 2 bed room, very good condo, that was a brand new building. I believe that was key to my very low energy invoice of solely $40/month. I believe that it was insulated to top-notch high quality, although I’ve to let you know, that the big home I reside in now, solely runs me $80. Maybe it’s as a result of I’ve realized to decrease my energy invoice by a big quantity over time, I have no idea.

Listed here are the precise payments I had and the way I did it. On the time I lived on $700/month, my payments regarded like this:

$450 Hire (hire now on this identical condo as of 8/3/2022 is $513 for the two bed room I had. It’s $413 for a 1 bed room, and $706 for a 3 bed room).
$30 Debt
$25 Debt
$40 Energy
$20 Gasoline
$25 Automobile Insurance coverage
$10 Tithes
$0 Water (apt. paid)
$0 Sewer (apt. paid)
$0 Trash (apt. paid)
$0 Web
$12 Telephone
$0 Cable
$0 Groceries

I refused to get a roommate, so it was simply me and two little ones making an attempt to make our approach by means of our new scenario.

The condo clubhouse had web, so I’d be discovered as soon as a day on the web in search of jobs, and so on.

Since I lived in an condo, and never a home, there was not a water, sewer, or rubbish invoice to pay. They’d a washer/dryer in my laundry room contained in the condo for me to make use of at my leisure. Some flats, you need to purchase your personal, however these I didn’t, fortunately.

These are fairly low hire prices. If the place you reside at present, has a very costly hire value, take into account shifting. Higher to maneuver than find yourself homeless! You don’t HAVE TO STAY the place you’re. I moved to a unique state in an effort to get these hire costs, and I’m grateful I did! Keep in mind, YOU GET TO CHOOSE what you need your life to be like. You selected your personal self-talk, whether or not it’s encouraging or defeating! Don’t have a life you want? Repair it. Will it occur in a single day? No. Do what’s greatest for you and your scenario, as a complete, and take one small step at a time. You WILL get there in the event you’re keen to work tremendous onerous! 💖

My telephone invoice was so low, as a result of I used to be on a low-income program with the telephone firm.

Additionally, despite the fact that my energy invoice was so low, I used to be additionally on a low-income energy program known as LIHEAP. You’ll wish to google it on your personal state (or name your energy firm and ask), however I consider it’s in each state. LIHEAP normally pays wherever from $80-$300 in your energy invoice as a one-time fee as soon as a yr. At the moment, I obtained $300 as I used to be in Oregon and it’s increased there. So, that $300/yr paid for my energy invoice nearly 8 months of the yr! The subsequent yr I received one thing like $240 as my earnings went up and I simply saved digging myself out of that big gap.

I didn’t have cable. We had a TV and a VHS participant I received for $10 at a yard sale and performed tapes that approach. My leisure heart was a pleasant finish desk that somebody didn’t need and I grabbed it. Similar with my rocking chair. My sofa I paid $100 for and the whole lot I received to furnish my condo was tremendous low-cost. I’d try Craigslist each day and thrift shops each time I went purchasing.

Gasoline was low-cost for me as a result of I didn’t actually go wherever. I didn’t must cash to go wherever actually. Once I ran errands, I did them all of sudden to save cash. Automobile insurance coverage was low as a result of I used to be beneath the ten,000 miles a yr setting and since the state I lived in on the time, had good insurance coverage charges resulting from much less accidents general.

I did have debt again then. I wouldn’t have a dime of debt now, which is EXTREMELY useful to residing on so little.

Meals was paid for with meals stamps** and WIC, although I used to be capable of get off all help in time and haven’t been on any type of welfare for a very very long time now.

My whole payments have been $612 and I had $700/month on the time, so the remaining stayed in my checking and I spent very frugally, nearly non-existently to get forward. It was my fervent aim by no means to get on money assist. I do NOT agree with their program for money assist and have by no means needed any a part of it!

One other factor that drastically helped was that I got here throughout the thought to start out promoting issues I’d get at no cost so as to add to my earnings. It was my first step towards getting the place I’m in the present day. I didn’t have a lot, however I nonetheless had my youngsters, and I had assist. It’s doable to reside beneath “poverty” and nonetheless have “sufficient.” It’s our world that tells us we want the most important fill within the clean to be pleased. Simply me and my youngsters, a roof over our heads, meals in our tummies, and garments on our backs.

There are the reason why an individual would wish to reside on as little cash as they probably might:

• To simplify their life and make life simpler. Issues get actual easy if you find yourself residing on so little. These fancy vehicles, quick meals tabs on a regular basis, elaborate homes, all of them disappear compared. You begin to understand precisely how little you REALLY want in an effort to survive by means of life. THEN, while you do have extra, you’ll be able to respect it all of the extra!

• To get out of debt. Many individuals intentionally reside on much less cash in an effort to get out of debt. That is, for my part, extraordinarily sensible. When you’re severe about getting out of debt, you’ll must make some drastic modifications. Whereas that might not be residing on $700/month, it may very well be residing on half your earnings. If you’re married and also you each work, attempt attending to the state of residing the place you’re not dependent upon each incomes, however just one. If one partner makes $2,000/month, this implies you could have $2,000 to placed on debt! You will get out of debt tremendous quick that approach after which when you ARE out of debt, return and get your good home once more, get that good automobile, simply pay money for the automobile and hire, so that you simply’re not getting BACK in debt!

 • To retire early. Who desires to work all their life? Not me! I’m working 80+ hours per week for the previous 4 years now for a motive. In order that I can present for my household as a single mother, making $10k/month and get someplace. Put cash apart to purchase a home with money (I simply purchased a model new automobile with money), to place away for school for the youngsters, their vehicles, my retirement, and so forth. Work onerous now, in order that I don’t must work so onerous for the remainder of my life.

• To arrange for emergencies. What in the event you or your partner have been laid off their jobs? What if a pure catastrophe overtook your house? There are 1,000,000 and one issues that would occur and having a pleasant, well-stocked financial savings can drastically assist in the occasion of an emergency.

• To arrange for teenagers. Some folks prefer to reside on little in an effort to put together for having youngsters or adopting. Whereas I really feel youngsters are cheap to boost (see my publish on how I get my youngsters garments utterly free right here), they nonetheless do add to the bills every month. You would possibly want a much bigger home with extra bedrooms, a much bigger automobile, extra meals, and so forth. Saving now to arrange for these bills is sensible.

• To begin your personal enterprise. Relying on the enterprise you wish to begin, it might probably turn into very pricey. Running a blog might be one of many most cost-effective companies to get began in, however it requires funding simply the identical…in your time. You need to construct it. It may also be very profitable. Inside 1 yr from my beginning a weblog, I used to be making $10,000/month! Going from making $18,000 a YEAR to $10,000/month was insane and it’s one thing I’m STILL getting used to.

My life has not modified, outdoors of the truth that I did purchase the automobile and am now renting my dream home. I nonetheless lower your expenses like loopy. I nonetheless work onerous, as a result of I wish to get someplace at some point. Being self-employed has modified my life and it might be one thing that you are able to do as nicely. Greatest to have the cash to start out upfront, so you’ll be able to actually ROCK it. Right here’s a publish that can stroll you thru all of the stuff you’ll want to consider earlier than beginning a weblog, if that’s the route you’re fascinated with. And naturally, try my greatest running a blog ideas and methods right here!

Find out how to get your price of residing down on no matter earnings you’re at:

• Don’t use any bank cards. You don’t wish to incrue any debt. Being debt-free lets you have a very free life-style.

• Discover and use the most affordable mobile phone service you’ll be able to. Web 10 is a superb pay as you go service and in the event you don’t use your telephone a lot, the pay as you go playing cards can final you 3 months! Final time I used their service, it was $30 for a telephone card, which lasted me 3 months, so $10/month.

• Use money again websites like Ebates. You’re going to spend the cash anyway, would possibly as nicely receives a commission to buy! When you don’t have an account, you’ll be able to enroll right here and get a free $10 reward card! To obtain your free reward card, simply make one buy of $25 or extra and so they have each website I store at on there, so it’s very straightforward. I put a sticky observe on my laptop so I keep in mind to undergo them first. I’ve been with Ebates for about 3-4 years now and have earned over $2,000. They’re a pioneer within the money again business and I extremely advocate them!

• Negotiate your payments. Do you know that you are able to do that with a few of them? You completely can. Negotiate bank card payments, the whole lot, and get that DOWN!

• Use free budgeting software program and monitoring. When you don’t have a pre-set funds, you’re useless within the water earlier than you even begin. You need to inform your cash the place to go every month or it likes to spend itself! When you’re in search of a printable Funds Binder, examine mine out right here.

• Meal plan. Like budgeting, you need to inform your meals what to make (right here’s cost-effective and fast meals for these on a funds) or it might probably take over your bills. You’ll exit to quick meals an excessive amount of, good dinners, and so forth. Having a meal plan arrange makes issues lots less complicated. In just a little bit, I’ll be sharing with you ways I took my grocery invoice from $600-$800/month to solely $200 with ONE easy trick, so make sure you look out for that publish developing quickly!

• Cease paying for stuff. Simply determine that there are stuff you gained’t pay for anymore! Right here’s my listing of 15 issues I refuse to pay for. Right here’s a publish I wrote about how I get all my family merchandise for FREE, together with diapers, child wipes, pull ups, candles, soaps, dishwashing detergent, cleaners, and SO way more!

Improve your earnings to place into financial savings:

• Begin a weblog. Staring a weblog is first as a result of it’s my very own favourite private strategy to earn money by doing what I like, serving others! In case your coronary heart is about serving to others and sharing your data with the world, then you must go for it. I began out with a dream of constructing $1,000/month by 1 yr and ended up making $10,000/month by 1 yr! My life has modified drastically. Although the outcomes usually are not typical, you by no means know till you attempt. I certainly didn’t know after I began, however God did!

I like to recommend going by means of Bluehost and thru my website, you will get the most affordable price (I labored out a take care of them in your behalf!) You need to pay upfront for what number of ever years you wish to select, however by far, that is the most affordable and greatest plan. I pay ONE MONTH for what YOU can get for one YEAR!

• Take surveys on-line. It gained’t get you wealthy, however it’s earnings and also you need as MANY revenues for earnings as you’ll be able to. You possibly can try my 25 greatest survey corporations right here.

• Promote issues round the home. Right here’s a publish I created educating you methods to discover FREE issues to promote and right here’s a publish providing you with 40 concepts of issues you’ll be able to promote proper now that you simply would possibly have already got in your house!

Associated: 5 Actual Methods to Add $500/month Regular Earnings (yow will discover much more concepts for rising your earnings right here!) Nonetheless in search of extra? Right here are the 10 greatest articles that educate you methods to earn money from dwelling.

UPDATE 8/2/15: I’ve been requested lots about how way back this was. Individuals are skeptical to consider it may be true of in the present day. I can guarantee you, that there are numerous states the place you will get a 1 bed room for $350/month or a 2 bed room condo for $450-$500ish/month. In actual fact, 2 years in the past, I had lived in a 3 bed room 1200 sq. foot home, fenced yard, 2 automobile storage for $700/month in among the finest subdivisions in our space. All of it relies upon the place you reside after all.

I’m certain there are extra states that supply such cheap housing, however Oregon, Washington, Idaho, Montana, North Dakota, and South Dakota are all nice locations to look. I’d encourage you to consider shifting to a different state in case you are depressing and may’t make ends meet. This opinion will differ from individual to individual.   You possibly can analysis the price of residing by state and discover the most affordable locations to reside.  There’s no proper or incorrect. However our household selected a greater high quality of life than residing close to household. This isn’t unusual and why be close to household if it means you’re depressing the remainder of your life? Working your tail off to get NOWHERE. Would your dad and mom/household not need you to be pleased? I moved from Cali for simply that motive and am capable of reside the life I would like as a result of I took an opportunity. No threat, no reward is one thing I consider in, and it’s gotten me to the place I’m in the present day.

You possibly can see some photos of the place I reside in the present day on my weblog by means of out posts, however I’ll let you know, solely for encouragement functions, that I haven’t accepted financial assist in like without end and I reside in a 5 bed room, 3 bathtub, 3 automobile storage, 2 story dwelling with granite counter tops, beige partitions, and a pleasant fenced yard with two gardens. I do that as a SINGLE MOM. I don’t purchase that different folks can’t do that too. Not when most individuals have one other earnings and I solely have one. It’s lies fed to you by society.

For most individuals, in the event you do the maths, utilizing the funds sheet on this publish right here, you’ll see that it prices you MORE to have each working dad and mom than 1 guardian working and 1 having the ability to keep dwelling with their youngsters. Thus the entire motive for this website!!!! I’m residing proof it occurs.

Sure, it takes work, however no extra work than you’re doing now, spinning your wheels and getting nowhere. The reply is NOT earn more money. They’re WRONG! The reply is getting your price of residing the most affordable you’ll be able to whereas nonetheless residing in secure circumstances. THEN, you’ll be able to add earnings and it gained’t fly out the window to everybody with their hand out!!!



Have you ever ever needed to reside on a little or no quantity? What are a number of the ideas and methods you’ll be able to share to assist others on the market who’re pissed off with their circumstances and really feel like they will’t get forward?

Need to be taught precisely how I went from being homeless to having all that I’ve now? Step-by-step, nuts and bolts, detailed info? Go away a remark and let me know if that is one thing you’d like to see extra of! If there’s sufficient curiosity, I’ll create an enormous, in-depth take a look at ALL that I’ve carried out between then and now and how one can get out of your dire scenario as nicely. 

**A pair feedback have are available in and I needed to deal with them: there may be NOTHING, completely nothing incorrect with taking meals stamps or authorities assistant while you want it as a low mounted earnings household. On the level I used to be residing on $700/month, I had JUST gotten out of a homeless shelter and I used to be VERY grateful for the serving to hand. I’ve since gotten off all authorities help, despite the fact that I nonetheless qualify I simply desire to not be on it, however am grateful it was there after I wanted it. 

As a single SAHM, I live quite well on $18k/year...but it wasn't always that way. There was a time when I lived on just $700/month. Here's how I did it! How to live on $700 a month.

Related Articles


Please enter your comment!
Please enter your name here

Latest Articles