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3-6 Month Emergency Fund Challenge!!
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another £10 to my fund today which for the moment is £1514.14
Hope you all have a good weekend
LMD xLife gets in the way...PADding is addictive...Saving's better than spending...My savings diary - Now for a healthier, wealthier me2025 1p challenge #41 | Cash envelope challenge #01 | SPC #017Sealed pot 2025 £7390 | EF £1000/£1000 | Sabbatical £3677/£6000 | Travel savings £1832 | Sinking pots £31070 -
Hi everyone!
Today is payday (Hooray! ) so £200 has gone into my EF, bringing the total to £3036. So excited that I've got past the £3000 milestone!
Keep it up everyone! We can do this!0 -
Another £50 snuck into EF to bring it to £1300.
I'm adding all I can before people start requesting money!
Debt Free as of 17/01/2009 Turtle Power!!
EF Challenger #3 £1543.72 / £5000
MFW 2024 #100 £1300.00 / £10,000
MFiT #40 Jan 2025 Target - £99,999.00
Mortgage at 30/09/22 £113,694.11 | Mortgage at 24/01/23 £110,707.87
Mortgage at 21/04/23 £107,701.01 | Mortgage at 20/07/23 £106,979.65
Mortgage at 04/10/23 £106,253.77 | Mortgage at 10/01/24 £105,324.57
Mortgage at 01/04/24 £104,424.73 | Mortgage at 01/10/24 £103,594.980 -
#2 update
£10.10 TCB added
£219.29 added
new total - £811.09 aka 16.22%
keep on keeping on
Dobbi
I’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
If you can't be the best -
Just be better than you were yesterday.0 -
Pay day for me today so £500 added, taking my total to £2014.14 (for now at least!)
LMD xLife gets in the way...PADding is addictive...Saving's better than spending...My savings diary - Now for a healthier, wealthier me2025 1p challenge #41 | Cash envelope challenge #01 | SPC #017Sealed pot 2025 £7390 | EF £1000/£1000 | Sabbatical £3677/£6000 | Travel savings £1832 | Sinking pots £31070 -
:wave: again to Helen and all the lovely posters on this thread. Sorry I haven't dropped in for weeks but have been having a massive rethink of my savings.
As I mentioned before this EF is for a 'new to me' car as my ancient old friend can't go on forever and is now starting to cost me a lot in repairs/replacement bits:eek:. Living so rurally a car is a lifeline and I just can't manage without one. I'm not proud though, I don't care how old or unstylish it is so long as it goes;). I'm not going to replace the current one until absolutely necessary, I'll probably only get scrap value for it anyway:( so I need as much as poss saved to cover it's replacement.
At the same time I want to pay off my debts as soon as possible and have plans to offer Full & Final settlements on as many as I can. For anyone who isn't in such dire debt as me, not on a DMP and maybe doesn't know what I'm on about it basically means that the creditors will accept a reduced amount to clear the debt once and for all especially after it's eventually been 'sold on' often for pennies in the pound. There's a brilliant forum I visit (which has kept me motivated and sane during my long get-out-of-debt journey) and people on there have negotiated settlement figures of 40% and less. Someone managed 10%:eek:. Once the offer is made and accepted by the creditor it has to be paid straight away so it's necessary to actually have the money available before making the offer;). I suspect my EF might be used this way, at least to get rid of one of the smaller debts. I can always, hopefully, gradually build it up again for the 'new' car.
I've managed to scrape together a further £700 since I was here last (from a little casual work on Election Day, delivering phonebooks,, surveys, refunds, cashback, selling unwanted stuff etc) which I've added to my total on here. It seems like the best place to keep it for now, regardless of what it eventually gets used for.
Well done to everyone on here who is saving money:T and commiserations and hugs to all who have had to dip into their funds or have had problems saving anything recently. I'll keep on dropping in to see how you all are:beer:.0 -
Hi all, payday again today Up to 70.7% of my total goal!! Slowly getting there. Hope you're all keeping well 0
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Hi all
Just popping in to report my EF is now £2000. Whoa we're halfway there!
Will catch up soon but thanks for all you do to keep the challenge going Helen.MFIT -T5 #420 -
Morning all,
Just here to report my EF is now at £300/£1000...Slowly getting thereEmergency Savings #73 = £1,500/£2,000
Savings Pot £1,440.00
Xmas 2018=£100/£300 Australia =£0.00/60000 -
Evening all,
Just stopping by to report my EF is now at €4,000/€15,000:TPAYDBX 2020 - #01 Pd £15,029.29 / £13,140.66 - 114% 🎉
MFiT-T5 #36
3-6 mth EF #5 €2,445 / 11,100
Mortgage - PD 126,846.35/ 271,495.07 46.72%[ MF was Aug 2038 now Sept 2035 😲0
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