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Candice
I’m in a situation where I need to live on a budget of $1,200 per month for the next few months.
I’m looking for advice on the best way to allocate these funds, including essential expenses like rent, groceries, transportation, and any other tips for stretching this budget as far as possible.
I’d appreciate any insights, strategies, or personal experiences that could help make this temporary period more manageable.
What have you found works best when living on a tight budget?
Thanks in advance!
MeganThat would vary greatly on your expenses and who you are supporting. $1200 a month for a college student living at home with no expenses will go very far.
$1200 for a person supporting a family with housing in California will end up with homelessness
MissyI saw someone elsewhere about selling plasma for $400 a month (I think) also look into food banks.
Do you any items you can sell?
KatieIf your phone is paid off try switching carriers. We use mint mobile and it’s only $15 a month.
MicheleSingle person in university area Rent a room, small town get a room mate.
Do you have a car? Ride share to help pay gas?
Lower cell phone bill, no home internet or share with a friend.
Cook! In Canada to rent an apartment is more then that.
Second job, student loan.
So many variables
StephanieI would do is after I subtract all my “must pay” expenses I would divide the remaining by the week are even down to the day on how much I can spend on food.
If I had nothing left for food I would go to a food bank.
Try to cover your vehicle and your roof expenses and your healthcare.
Don’t worry about consumer credit like credit cards.
Because there’s nothing they can repossess.
It will mess up your credit but they can’t take anything back.
You can call most loans and try to get them delayed for a while.
But chances are they don’t care.
I hope it gets better.
PennyI would check out tello I pay about 25.- a month that saves you almost 500.- a year
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