How can I live on $500 a month?

Question

If I am sued by citibank and the court orders wage garnishment, massachusetts law dictates that I am allowed to keep only $500 a month. In the event that this happens, and I pray it doesn't, how can I live on such a small income?

Answer 1

I've lived on much less!

Answer 2

Ok, first of all it is going to be next to impossible to live off that amount of money. While an under the table job may not be such a bad idea, do your research. Find out if they can really garnish you for that amount.Sometime we get railroaded as individuals because we do not know any better. But seriously, pay the money you owe. Face the responsibility of the debt. I t may not be as bad as you think. Maybe you will have to move in with family members, friends or get a room-mate. But what ever you choose, choose wisely. There are some things far worse than being garnished a few bucks. Keep your head up! Things will work out! Good Luck!

Answer 3

Never eat out
Drive little
Pull money from savings or equity in a home if you have it to pay other expenses
Do work under the table so the state doesn't know about it and can't garnish you..
How long do you have to live like that?
Simply put cut all your expenses and increase your unreported income perhaps waitering or something of the sort..

Answer 4

You should speak to Citibank and try to work a deal with them to protect your wages. I wouldn't waste any time. Evidently you owe them the money, why not just make payments. Don't sit on your butt and wait for a garnishment.

Your employer will love you for that. You should have thought of the consequences before you quit paying them on time and monthly as you agreed when you signed the contract.

Answer 5

The situation that you may get into is a very challenging one to say the least. There are "important steps" you can take right now within yourself to improve this situation.

You mention prayer and that action alone is important and a good one. I would recommend addressing this situation through a different mindset and different vision to achieve the best outcome for you. By that, practice the habit of placing a mental focus on a positive outcome for you.

Instead of focusing on a possible garnishment or possibility of living on $500 per month, focus your energy on "how can I achieve abundance"? You are like a radio transmitter in the sense that what you focus on is what is what you are going to "receive" in your life. You don't want this bad situation to happen to you, so it is to your benefit not to focus on this situation in a negative way. Instead focus by visualization, positive affirmation and prayer a beneficial outcome for you and the companies you owe. Instead of focusing on debt, focus on abundance. I realize that I did not give a specific answer to your question, but the answer given above is very, very powerful.

I went through a similar situation and ALL my prayers were answered. They were answered because I chose a different way I communicated with "the universe". You are welcome to go to my website for some more details that I have discussed: http://www.myspace.com/stress_free_living

Now is the time to "seize the moment" with this challenge and turn it around to a victory for you. The opportunity is there for you to rise above this.

My personal best to you!

Answer 6

People on a disability income do it all the time. Does your $500 include all utilities? Student fees? Internet? Bus pass? A single person can make it on $200 groceries, but you have to cook from scratch and NOT EAT OUT AT ALL. It can be done, but it will be tight.

Answer 7

I hate to say this but besides engaging in illegal activities, You better take on a secondary job that pays under the table. If your earnings are unreported they won't be able to garnish them,You would not be the first person to get their income reduced to far below poverty level . I hope somebody can give you some solid advice.

Answer 8

Well it's entirely possible.....depending on where you live....the benefits for people on low income are amazing if you know where to look. Try taking public transit....dump the car, food stamps are really easy to get ahold of, get rid of the things you don't need like cable maybe? Or try not eating out...it's cheaper to buy food and prep it yourself.

If not maybe you should just marry rich or counter sue city bank and turn it into a bigger messy law suit.

Answer 9

Dont you think you should have thought about this when you were running up that debt? why dont you try talking to Citibank and work out a payment arrangement before they take you to court. Nobody likes to sue and they like to settle fast. Try it. Good luck.

Answer 10

move upstate new york, buy a house if your check the price for house there it's very cheap trust me you can buy a house for 85,000 yes you see right eighty five thousand for two family. rent go for about 500 a month. with a two family you live one part and rent the next for 500. now you got 1,000 about 600 will go to mortgage and you got 400. food is very cheap there not the city. 100 will go for food and you got 300 for bills witch is also cheap. don't believe me check the site for your self.

go to http://www.realtor.com

look up the zipcode 12303 this is a very good area and see i am 100% right

Answer 11

I have placed this in the source box. There is a wealth of information there and a great free debt management software program. I bookmarked the site as I return to it often for the advice it offers. I hope this helps you.