I'm trying to figure out my budget. I am going to college full time starting this fall, and my two kids and I will be living in family housing. My entire income is coming from grants and student loans.
After paying tuition and bills (rent/utilities/insurance/cell phone/internet) I will have $210 per month. My bills are pretty fixed, there is nothing I can reduce. (The internet is $108 per semester, and I really need it so that I can avoid spending hours in a library and needing care for the kids, the cell phone is a pay as you go plan that is $30 a month. If I can't afford it one month I am okay with skipping it for that month, it will be my only phone though.)
I am hoping to get food stamps. I am REALLY hoping to get child support, but I don't know if that will happen, either. Can a person live on $210 per month after bills? Can I make it work? I think I can, because I have lived on just slightly more than that, though with one additional adult. But am I forgetting something?
Gas, of course, although I do hope to make use of my bicycle and the bus system to avoid spending a ton on gas. Toiletries, I'll need a few things. I rarely buy the kids clothes except at Christmas and birthdays, maybe a few things here and there. I rarely buy myself clothes until I HAVE to. I already have Christmas money stashed away. I really feel like I'm forgetting something though! If I can't get food stamps I am really going to be in trouble.
ETA: I am really feeling that the hard thing for me is looking at my bank account and knowing I have $1200 in the account, but realizing that it has to last for 6 months. How do I make that work?