Jolie pointed out in my previous post that the income amount I calculated did not deduct taxes. I kind of did that purposefully, thinking that low-income people normally receive most of their taxes in refunds the following year. I also left out GST/HST refunds with the intention of saving or putting towards student loan repayments.
So, with taxes deducted the new spending total would be:
$1435.00 - 215.25 (15% Federal tax) - 72.47 (5.05% Provincial tax)
+ 355.96 (Child Tax Credit)
+ 300.00 (Child Support)
Guessing that rent + utilities will be around $1000, I can see how this adjustment will be problematic. The student loan folks will probably want $400, so this will leave me with just over $400 for food, household, and car expenses. As long as I do not plan to spend ANY money on fun for the next little while this can be managed. In the background I will have my extra income (about $400), plus other government deposits to put towards emergency funds and extra loan repayments.
Lucky for me that I have the extra income, knowing so many others do not.