To calculate how much to save per month, we first need to determine the total amount needed for the 6-month emergency fund.
Total emergency fund = 6 x monthly expenses = 6 x $813.52 = $4,881.12
Next, we can divide the total amount needed by the number of months we have to save.
Amount to save per month = Total emergency fund / Number of months
= $4,881.12 / 18
= $271.17
Therefore, to fully fund a 6-month emergency fund in 18 months, you would need to save $271.17 per month.
You have housing and fixed expenses of 813.52 per month you want to have 6 month emergency fund and you want to have it funded in 18 months how much must you save per month
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