1 lb of Ground Beef 
1 large can of Kidney Beans 
Take the same can, fill with water 
2 small cans of tomato paste 
1 large onion 
Can of Chili powder 
Salt and Pepper   
Cook the meat, add salt and pepper, cut up the onion and add it. Dump in the beans, dump in tomato paste, dump in the water. Keeping adding Chili powder till desired heat is achieved.    
Simple recipe that gets the job done. Serve with oyster crackers and sharp cheddar if you fancy.