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3-6 Month Emergency Fund Challenge!!
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Hi all, I have managed to put another £15.00 to my emergency fund. Total so far £35.00 = 0.58% I am here for the long hall, it will be slow, though I am so happy there is no pressure to get to my target. (#100) xMFWB#2
MFTT5 #28
Save 12k 2020 #1110 -
Can I join?
We are both 38 and just about to complete on our currently rented house which will wipe out our savings. I wasn't going to use all our savings for the deposit initially but it brought us into 85% LTV to use all of it.
Mortgage is over 29 years to make payments affordable but we hope to bring that down in a few years when DH earning as well (currently full time student).
Hoping to overpay a little, but really want to build up emergency fund as only me working for the next 2 years.
I'm going to aim for a massive £10000. It will be a slow progression as we have 3 children and eye-watering childcare bills. But I do lots of overtime when DH can look after kids which is well paid.
I want to aim for £1.5k per year for the next 2 years, more if possible. I've just returned from maternity leave and not sure how the finances are going to play out with the new mortgage payment and increased childcare so will have to see.Grocery Challenge Jul £380.75 Aug £637 Sep £539.82 Oct £53.43 / £475
EF 3-6 challenge #104 £739.25/£10000
MFW2018 #183 0/£20000 -
Managed to add £40 to my EF taking the total to £1270! :j
DL #66:staradmin Star from Sue-UU
3 - 6 Emergency fund #24 £2273. Target £3,000
SPC15 #57 [SPC14 £195.50, SPC13 £114.08, SPC12 £215, SPC11 £183, SPC10 £209]0 -
Of course - the more the merrierCan I join?
When Helen pops in she will add your name, target and progress to the first page. She will also give you a number.
In the meantime, keep us updated on how your doing, challenges and successes.
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 -
I see you're still flying the flag high Dobbibill - you'll be getting an OBE soon... Savings as of April 2023 Savings account - £26460.50(14474.88)Current account - £2140.24(4576.79)Total - £28600.74(19051.67) £1010 (£65pm CS/BS) £250 CS/BS/JS0
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Of course - always here to give a welcomezippygeorgeandben wrote: »I see you're still flying the flag high Dobbibill - you'll be getting an OBE soon...
I think this OBE is long overdue :rotfl::rotfl::rotfl: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 -
I really ought to have joined this challenge. I think you did suggest it....Savings as of April 2023 Savings account - £26460.50(14474.88)Current account - £2140.24(4576.79)Total - £28600.74(19051.67) £1010 (£65pm CS/BS) £250 CS/BS/JS0
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Why not join now?zippygeorgeandben wrote: »I really ought to have joined this challenge. I think you did suggest it....
You know you would be very welcome and this would give you a new focus with your DFD being within touching distance.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 -
Good evening all, I managed to find another £25.00 today to put to my emergency fund, total so far for me #100 now stands at £60/6000 thats 1% so far the rest will be slow drips and drabs.
Thank you all this thread is so inspiring x LDMFWB#2
MFTT5 #28
Save 12k 2020 #1110 -
Ok Dobbibill you've twisted my mind - what do I need to know/do? I'll do a 6 month salary challenge.Savings as of April 2023 Savings account - £26460.50(14474.88)Current account - £2140.24(4576.79)Total - £28600.74(19051.67) £1010 (£65pm CS/BS) £250 CS/BS/JS0
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