Question 37 (25 points) It is September 1 and your friend has come to you for advice because she knows you excelled in Mr. blank’s Personal Finance class.
She is concerned about her saving plan. Isabelle's take-home pay each month is $3500. She's not currently contributing to any
retirement accounts (such as a 401(k) or a Roth IRA), but she does have a savings account at her bank. For the bast four months, she's
been keeping track of her spending and saving, and here are the results:

-May -- spent $3200, put $300 into saving
-June - spent $3450, put $50 into saving
-July -- spent $3475, put $25 into saving
-August -- spent $3250, put $250 into saving

She would ideally like to have an emergency fund of $12,000 and save up enough for a big vacation with her friends next September
(~$4500). She's afraid she'll never get there.

Write a detailed savings plan for Isabelle to meet her goals.

(Hint: Your detailed plan should probably go out three years making adjustments as you go along. Remember it is September 1 now, so
write your plan with that starting date in mind. Also, do not make any assumptions, you are simply to write a plan that helps her
accomplish her goals and start saving for retirement appropriately.)