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Floor monitors.. price issues.. need to be able to practice

Alright, so right now i have a Mackie 406m powered mixer (500 watt)

but no speakers :(.

We have band practice in my basement, where we have drums and guitar and everything.

HOWever, we have no way of using vocals atm, and so we were looking to purchase a PA... severeal floor monitors.. maybe two or three, and probably two FOH speakers.

What would be a cheap way of doing this but still getting a good sound? Should I buy a seperate mixer / poweramp?

And dose anyone know where i can get monitors for cheap and stuff?