You can make waffles as part of Live below the line if it is plain or if its not you can do it as part of the $80 basics box which includes flour and milk.
Milk if you buy it for $1 can be a part of your Live below the line. And it also calls for one egg. You can make a few of them. Here you’ll need a waffle maker and you can buy them at Harvey Norman or Kmart! You’ll just need to follow the instructions on the box. Here is one simple on from Easy Breakfast recipes on Youtube
If you want you can add anything on it after you made it such as jam or nutella or just plain sugar.