How to Live on $800 USD A Month

I am going to use US dollars for this example. It can, however, be converted to wherever you live in the world. This is intended for 1–2 people to budget for one month. This assumes that the only income is the $800.

The first and main expense is rent. Rent should be no more than 50% of your income. Many people will say to live in income based housing. That is not always an option. So we will put $400 toward rent and utilities. There are several ways to get to that number. In the US, you can have a maximum of two people per bedroom or studio apartment. If you need to have a…