Unemployment, layoff, divorce, etc., can leave you broke. It is possible to live on $400/mo using tips and resources you may not have known existed.

1. Shelter – This is one area that is always the budget buster for the lowest income. It is possible to share a house with a roommate or a friend until your income increases. Another possibility is to rent a small efficiency apartment with utilities included. Many people have lived in small boats or cars for a short period of time until they saved money for more permanent shelter.

2. Transportation – Unless your car is paid for, it can be difficult to maintain. Walking, taking the public bus or the train is always an option if you live in an urban area. If you live in a rural area, it will be more difficult to live without a car, but through car sharing and other unconventional ways it is possible.

3. Food: Many people buy food from the day before or food that has expired at very low prices. Many people get restaurant jobs so they can take home free food when they get off work. Using coupons and store discount cards also saves you money on groceries.

4. Health Care – With the passage of the US government’s new health care bill, almost everyone has health care. The VA offers care to anyone who has been in the military and has also been honorably discharged.

Living on $400/month is not only possible but quite easy after understanding and using all the available resources.