Planning for an Investment Program. Assume you are 29 years old, your take-home pay totals $2,400 a month, your monthly living expenses total $1,400, your monthly car payment is $400, and your credit card debts total $3,500. Using the information presented in this chapter, develop a three-part plan to (a) reduce your monthly expense, (b) establish an emergency fund, and (c) save $6,000 to establish an investment program.