You are saving for an emergency fund that you wish to eventually total six months$$ worth of expenses. You are also investing $20\%$ of each paycheck for retirement. Assume you put $30\%$ of each of your current monthly expenses in your emergency fund. Below is information regarding your monthly expenses and earnings.

Monthly earnings: $ $2,650\mathrm{.}00$

Monthly expenses: $ $1,465\mathrm{.}00$

Required:

Using the information given above, answer the following question:

How much of your monthly earnings are you investing into your retirement fund?

How much of your monthly earnings are you putting into your emergency fund?

What is the total of your monthly expenses, savings for retirement, and savings for emergencies?

Can you afford this?