Question

You are working on building your emergency fund. Your total living expenses are
$
1
,
800
$1,800dollar sign, 1, comma, 800 per month and you're hoping to save enough for three months' worth of expenses. You're currently saving
$
600
$600dollar sign, 600 each month.
How long will it take you to fully fund your emergency fund?
GPT 3.5
To fully fund your emergency fund, you need to save for three months' worth of expenses.
Total living expenses per month: $1,800
Amount saved each month: $600

Therefore, to save for three months' worth of expenses, you would need to save:
3 months x $1,800 = $5,400

Since you are saving $600 per month, the time it will take to fully fund your emergency fund is:
$5,400 รท $600 = 9 months

It will take you 9 months to fully fund your emergency fund.

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