3-6 Month Emergency Fund Challenge!!

stewby

Hello...

I have managed to access my "emergency fund" account and I have £130.73 sitting in it already.
Embarassingly, must have put it in there whilst still awaiting my lightbulb moment.


So, I am going to keep that in there and I have now started my saving. Might see if I can manage £19.27 in December.
:j

[Deleted User]

Ooh can I join please? Since finding you guys on MSE this year I've been mostly focussed on paying off debt and overpaying the mortgage but am very aware I need to build up an EF so this thread is exactly what I need

DreamerHelen

Hey Stewby ..... You're doing brilliantly hun....Keep it going...I've Updated Post One....


Hiya [Deleted User] ..... Welcome to our Group...It's wonderful to have you here....I've put your name in the List on Post One....Did you want to set a Target?

crv1963

[Deleted User] wrote:

Ooh can I join please? Since finding you guys on MSE this year I've been mostly focussed on paying off debt and overpaying the mortgage but am very aware I need to build up an EF so this thread is exactly what I need

Hello "[Deleted User]" welcome aboard!

The_Only_Girl

Hello can I join in too? I have just managed to achieve the initial EF of £1000, paid off the debt, and now I am ready to tackle DRamsey's baby step no. 3 which is 3-6 month's expenses savings. I am to save £12,000 for this. I have no idea how long it will take as my eldest will be in uni next year. Including the initial EF, we have £1205.68/£12,000.

DreamerHelen

Welcome to you The Only Girl .... I have added you to Post One....Well Done for what you've done so far...you're doing BRILLIANTLY already!!

[Deleted User]

Thank you DH and crv for the welcome my target is £8500 (gulp) I do have a savings account with £704 in so that is my starting point please. Thanks again, looking forward to the journey ahead and seeing everyone's progress xx

DreamerHelen

Hi [Deleted User] ....You'll get there....We all will!! And you've made an excellent start already....keep it going I adjusted the Post on Page One....

The_Only_Girl

Thanks for the nice welcome DH.

stoplurking

Hi

Nice to see a few more people joining in, it's good to have company. I'm going to Tilly Tidy the odd pennies from my accounts during the month then on next pay day add as much as I can and update the progress figure at that point. When I was debt busting I had a spreadsheet with 100 squares and coloured it in every time I cleared 1%. I think I'll do that again, this time colouring in when I save 1% towards the EF. Well it helps me anyway!