Although I make more money than my mom (she's of retirement age and only works 1-2 days a week), while I'm looking for more work I want to figure out how to move out and live more independently on only $1200 a month.
I need to live frugally and want to know what I can cut more easily. I own a used car (already paid in full), and pay my own car insurance, electricity, phone and internet. After all that I have about $400 left each month which can be eaten up by going out or some emergency funds.
More recently I had to pay for my new city parking sticker so that's $100 more in expenses this particular month. I would be satisfied just living in a far off town paying the same $400 a month, I feel my dollars would stretch further since I now get 100% more privacy for the same price.
On top of that this job is a contract job so I need to put money aside to pay my own taxes. This $1200 is basically living on poverty level. Any ideas to make saving work? Is it very possible for people in the US to still save while on poverty?