3-6 Month Emergency Fund Challenge!!

skye_blue

Hi

Hope everyone is well, u doing ok helen

Please add £30 (£1440)

Thanks No 29

DreamerHelen

Hey Everyone...

I'm not doing too badly....It's been a hectic couple of months....But things are starting to look up with Work and other things....So I'm glad about that....

And my Dental operations are finally done....so no more pain!!! So I'm really pleased with that as well...

Here's the Updates... xXx

x_raphael_xx - I've Updated the First Page....You'll get there and it's understandable that you're starting from the beginning....you WILL get there!! xXx

carbootcrazy - Good to see you....I used to love Boot Sales but haven't done them in a while....But I really enjoy selling at Boot Sales although I do think that people want something for nothing which annoys me.... xXx

skye blue - I've Updated the First Page....you're doing AMAZING...Keep on going.....I'm doing okay thank you hun...thank you for always asking after me... xXx

katsoocam - CONGRATULATIONS on making your Target....I know that it was good and bad news in the way you got it but it's good news that you now have an emergency fund to fall back on if you need to xXx

stoopy - I've Updated First Page....You're doing INCREDIBLE....Keep on moving forwards and you'll get there xXx

swimminginaseaofdebt - I've Updated the First Page....you're doing WONDERFULLY.....Keep on going.... xXx

Dobbibill - I've Updated the First Page....You're doing absolutely INCREDIBLE....Thank you for always being here and for keeping on keeping on xXx

lindez - I've Updated the First Page....You're doing AWESOME....Keep on keeping on xXx

apricity, ka11yz and Missymae0 - WELCOME WELCOME WELCOME, it's lovely to have you all here....It's great that you have joined us....And do let us know how you're getting on....I've added you to the First Page....Do let me know if you want me to add a Target for you xXx

Mooloo - I've Updated the First Page....You're doing INCREDIBLE....keep on going xXx

Deleted_User - Hope you're well....It's good news about the Survey Cheque....hope it comes through soon xXx

[Deleted User]

DreamerHelen, lovely to read that you're feeling so much better health-wise and that work is going well:T. Take care of yourself:beer:



Sorry I don't get on here much, or haven't recently anyway. Not been very well but have turned the corner now and am feeling a lot livelier and generally more enthusiastic about things. I think the cooler weather has helped too, I just can't cope with really hot weather:o



Well done to all savers and commiserations to all who have had to spend:beer:

Missymae0

Hi helen

Thanks for the welcome, could you put my goal at £6000 for now please?

lindez

Hi Helen
great to hear your dental work is complete.
#100 I am now up to 4% my total now stands at 240.00/6000.00
Thank you for the updated front sheet x.

Dobbibill

#2 update

A little more added as planned - new balance £5400.31 aka 60%
:j :j :j

keep on keeping on

Dobbi

x_raphael_xx

DreamerHelen wrote: »

x_raphael_xx - I've Updated the First Page....You'll get there and it's understandable that you're starting from the beginning....you WILL get there!! xXx

Thanks Helen



Back to square one for Goal 1 too. Decided I needed a scooter so I can get to my boxing lessons. It's difficult begging the car from BF cos he needs it for work. £595 for the scooter, £310 for helmet, gloves, boots and jacket (safety first). Leaves £95 which will get eaten up with the MOT and insurance.


Mums been paid another £100, so now £1400 owed. All things going well I plan to pay her off by the end of the year.


GOAL 1 : £5050 CURRENTLY: £0/£4000
GOAL 2 : Mum's Money CURRENTLY: £0/£1400

datlex

I used my funds as a deposit to buy a bungalow, having previously been renting. It is part of my longer term plan- I am 45, mortgage is for 18 years (hopefully a bit less with over paying). Intention is to be mortgage and rent free prior to retirement. So I will be starting again, but not from scratch. I have £1500 in an account (technically emergency fund but I don't have a lot of things I would need it for- no car for example, can borrow use of a washing machine if mine breaks). I am saving for a couple of things at the mo, I need to get my back garden cleared for example- it is badly overgrown (was before I moved in)- so I am saving up to get that done. I also have a 2nd bedroom, previously I had I one bed flat. So I am saving for furniture for that. (may be second hand depending on cost- but still needs saving for). My revised fund totals are for 3 months (£2040) 6 months (£4080).

Dobbibill

Hi All,

I hope you are all keeping well and funding those emergency funds when you can or using them when you need to. I'm still cheering you all on along the way :j :j

I've been giving my situation some consideration and have made some amendments to my pension and savings goals.

I'm aiming to overpay more off my mortgage and want to be mortgage free several years before it's due. (currently 5yrs 9months - May 2024)

My mortgage payments recently changed in line with the BoE rate change but instead of going up they have gone down due to the OPs I've been making. This was a surprise as I thought the adjustment would see my term reduced. A bill going down is normally seen as a nice surprise - trust me to be different

Long story short - spoke to my mortgage company and I can either go through a full blown mortgage review to change the term or I can just make OPs and regardless of the paperwork when the balance is zero there will be no more mortgage and no ERCs.

This is now my next goal so I would like to amend my target to £6000. This gives me more than enough for 6 months of expenses.

This now does mean I should hit my target roughly by the end of the year.

Although I've nothing to add until pay day, Helen could you please amend the target?

Summary £5450.31/£6000 aka 90.84%


Keep on keeping on everyone
Dobbi

Missymae0

Hi everyone

Hope everyone is well and not needing the emergency funds.

Just a quick drop in with an update, I'm still reading and quietly willing you all on

#110 £1700 of my £6000 goal 28%