Assume you are going to college and you work a part-time job. You are living in an apartment with some friends.
Your total monthly income is $1818. Your monthly expenses are $1287.
You want to put 13% away into a savings account.
How much would you put away into a savings account?
Total income is $1,818.
Monthly expenses is $1,287
Saving at 13%
Monthly saving will be $ 236.34