Did you recently find yourself in a sticky financial situation? Maybe you just got put out of your parent's house or you just lost your job and don't have a place to live. I'm here to say that all hope is not lost. While things may be hard for a while even close to a year or two, you can't give up and fold in. There have been many people who have been down to their last with no help only to bounce back from defeat and rake in lots of money and success. I'm going to help point you in the same direction with the tips I give below. Read on to learn how to survive on your own with little to no money.
Your first step should be to get off of your feet. You should use whatever resources you can to get off of your feet and start progressing. If you need to live in a homeless shelter, or eat food at a church, then do it. Ask anybody you can think of for help. Go to any friends, old teachers, or family for help. Look for government assistance programs too. Just don't give up. There have been many people who have been in tougher situations.
Next you need to find a job where ever you can get hired at. It doesn't matter if its a job at www.McDonalds.com or www.Walmart.com. Use job hiring agencies and programs to assist you in finding a job. This is an important step because you need to have some sort of income coming no matter how small it is.
Once you get a job, now you need to start saving as much money as you can. Don't splurge with any of your money yet. Outside of getting essentials like food and clothing, you need to be looking for a place to stay that you can rent out or share with someone and contribute to the rent. Try to limit how much you pay in rent to no more than half of your income at your job. The rest you should put in a savings account to build up an emergency account just in case something were to happen to you. Aim to have 3-6 months worth of living expenses saved up.
Once you have a place to stay, you need to get your finances in order and start buying things you need like clothes and toiletry items. You should also open a banking account and checking account and start working to pay off any debt you have and/or save money. Remember from the step above to limit how much you spend on rent and don't splurge with your money yet. You need to be saving as much as you can to start building an emergency cushion and start increasing your wealth.
Keep accumulating money with your job, but while you are working and getting situated with living on your own, try to look for ways to create additional sources of income. You can look into various avenues like starting your own website, or getting another job in the beginning stages of your quest to supplement your income even more.
Continue to accumulate money until you are able to start buying bigger things like a car, and life and health insurance. You should start off slow, acquiring everything you need one dollar at a time. You also want to keep building your rainy day savings fund just in case you lose your job or something happens. If possible, try to build this emergency savings up to a year's worth of living expenses.
If you have managed to keep your job or move up you have continued to keep saving money, then start looking to buy your own house. This is a big step and you ought to wait until you have accumulated enough money to make a down payment without depleting all of your savings.
If you haven't already done so, you should look for ways to go back to school. Try to get your high school diploma if you haven't done so and then go on to get your college degree. A college degree is not only essential in today's society, but those who get them typically earn much more money throughout their lives than people who don't have a college degree.
In conclusion, these tips can be applied no matter what stage you are at in life. I hope these can be of some type of help to you if you are truly in need. Remember as well, in a forever changing world, you can always count on God's unchanging word! Good Luck!