TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Ask HN: How can you save money while living on poverty level?

8 pointsby ccdevover 6 years ago
I freelance remotely, making roughly $1200 a month as a programmer because I only work 10 hours maximum each week (limited by my contract). I share the apartment with my mom, and It&#x27;s a section 8 so our rent contributions are based on the income we make. My contribution towards rent is $400 a month.<p>Although I make more money than my mom (she&#x27;s of retirement age and only works 1-2 days a week), while I&#x27;m looking for more work I want to figure out how to move out and live more independently on only $1200 a month.<p>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.<p>More recently I had to pay for my new city parking sticker so that&#x27;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.<p>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?

6 comments

westurnerover 6 years ago
That&#x27;s not a living wage (or a full time job). There are lots of job search sites.<p>Spending some time on a good resume &#x2F; CV &#x2F; portfolio would probably be a good investment with positive ROI.<p>Is there a nonprofit that you could volunteer with to increase your hireability during the other 158 hours of the week?<p>Or an online course with a credential that may or may not have positive ROI as a resume item?<p>Is there a code school in your city with a &quot;you don&#x27;t pay unless you land a full time job with a living wage and benefits&quot; guarantee?<p>What is your strategy for business and career networking?<p>From <a href="https:&#x2F;&#x2F;westurner.github.io&#x2F;hnlog&#x2F;#comment-17894632" rel="nofollow">https:&#x2F;&#x2F;westurner.github.io&#x2F;hnlog&#x2F;#comment-17894632</a> :<p>&gt; <i>Personal Finance (budgets, interest, growth, inflation, retirement)<p>Personal Finance <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Personal_finance" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Personal_finance</a><p>Khan Academy &gt; College, careers, and more &gt; Personal finance <a href="https:&#x2F;&#x2F;www.khanacademy.org&#x2F;college-careers-more&#x2F;personal-finance" rel="nofollow">https:&#x2F;&#x2F;www.khanacademy.org&#x2F;college-careers-more&#x2F;personal-fi...</a><p>&quot;CS 007: Personal Finance For Engineers&quot; <a href="https:&#x2F;&#x2F;cs007.blog" rel="nofollow">https:&#x2F;&#x2F;cs007.blog</a><p><a href="https:&#x2F;&#x2F;reddit.com&#x2F;r&#x2F;personalfinance&#x2F;wiki" rel="nofollow">https:&#x2F;&#x2F;reddit.com&#x2F;r&#x2F;personalfinance&#x2F;wiki</a> </i>
akulbeover 6 years ago
If you can do programming now, and you have a remote gig... then I&#x27;m guessing you can get more work.<p>You have a lot of potential to earn more income to do more of the same work you&#x27;re doing already. That&#x27;s probably the easiest and most efficient way to get (and save) more income.<p>How did you get the gig that you&#x27;re working now?
WheelsAtLargeover 6 years ago
Start with a budget to see where every penny goes. You need to make sure you&#x27;re not wasting money on frivolous items. Going out and entertainment should be cut. You can have some on special occasions but you really can&#x27;t afford it. Get a second job. Does not have to be in tech but you need to continue to look for a job that&#x27;s in tech so you continue with your career. Goto to tech meetups to MEET contacts. Do not stay on the side by yourself. You need to make sure you make contacts.<p>Rethink the car, seems to me like you really can&#x27;t afford it, now. You will in time.<p>Don&#x27;t be afraid to be cheap. People criticize cheap people but those critics aren&#x27;t ready to help with cash. They just criticize and never help.<p>Determine how much you can save and make sure you put that amount in the bank the moment you get your check.<p>Your best bet is to stay where you&#x27;re at right now and put all your effort into finding a job. A full-time job in tech will earn you a good living. Don&#x27;t move out until you have a full-time job.<p>I assume that you&#x27;re healthy and you have a vocation that is in demand. Poverty is not an absolute but it can become a mindset that overpowers you. I strongly suggest you start reading self-improvement books that will let you see alternatives. Also, biographies of people you admire. I suggest Benjamin Franklin&#x27;s. His autobiography is online. It&#x27;s free. It&#x27;s easy to read even though it was written 200+ years ago and it opens one&#x27;s eyes as to what a person can accomplish, if you have the right prespective.
ohiovrover 6 years ago
You are eligible for hud housing and Medicaid it is worth looking into that.<p>Looks like you are pretty resourceful and smart about your situation.<p>I like to checkout goodwill every time I go grocery shopping to see what they have. I usually find a pretty nice shirt or pair of dress pants. If you go often you can be selective. Sometimes I find cloths that still have price tags on them. One time I found a dollar bill from a pair of pants I bought.<p>At restore I picked up 7 cds for twenty five cents each. New they must have been more than 8 bucks each.<p>Thrift is how I do most of my “retail therapy”<p>Then when I get tired of it I just donate it back if it is in good shape.<p>When I had money I blew a ton of it on online shopping. So many times I would order something forget about it and four days later say wtf is this package. I could not remember what I ordered. Proof I didn’t need it.
dsc_over 6 years ago
30 usd a hour is not a fair wage for a programmer (considering 10 hours a week, 40 hours would be a different story) - you need to increase it. Please note your employer benefits from having an employee with decent living conditions. He knows, you know. If he&#x27;s not willing to increase either your hours or rate I suggest to find something new.
评论 #18894477 未加载
PaulHouleover 6 years ago
You can&#x27;t.