3-6 Month Emergency Fund Challenge!!

sophieo16

Hi everyone,

Small update from me.

#5- £1758.27/£3000 (58.60%)

At the moment I'm throwing as much as i can at my emergency fund. My flatmate is currently looking for a new job away from the area so i am in need of a new flatmate. The issue i have is that the landlord is wanting to put the property back on the rental market at the end of next week unless i sign the contract promising to cover all of the rent for 12 months if i don't find anyone. This will leave me with money to cover my rent, bills and monthly spends but no savings... slight panic stations.

The one saving grace i have is the property is a really nice one, so hopefully it will be snapped up before it comes to the point where i have to cover all costs!

On the plus side i had an amazing time in Barcelona for a week, its kept me sane haha

Sophie

LittleMissDetermined

Hello :wave:

Just added another £30 to my fund, takes me to £230

LMD xx

Savvy_sewing

sophieo16 wrote: »

Hi everyone,

Small update from me.

#5- £1758.27/£3000 (58.60%)

At the moment I'm throwing as much as i can at my emergency fund. My flatmate is currently looking for a new job away from the area so i am in need of a new flatmate. The issue i have is that the landlord is wanting to put the property back on the rental market at the end of next week unless i sign the contract promising to cover all of the rent for 12 months if i don't find anyone. This will leave me with money to cover my rent, bills and monthly spends but no savings... slight panic stations.

The one saving grace i have is the property is a really nice one, so hopefully it will be snapped up before it comes to the point where i have to cover all costs!

On the plus side i had an amazing time in Barcelona for a week, its kept me sane haha

Sophie

It is scarey when landlords threaten you.
But if it comes down to having to move, and the cost implications, it's probably better to sign for the 12 months and look for another tenant to share. Realistically your unlikely to have to cover the bills for the whole 12 months. It's a case of finding the right person to share though! Good luck in which ever you decide.

Keeping_Motivated

Hi everyone

Helen, Ive added £10 to my ISA and updated the total in my signature

Hope everyone is well and able to enjoy the bank holiday

DreamerHelen

Morning Everyone.....

A rotten morning today as I have Toothache....but unfortunately there is so much Dental Work to be done that I just can't afford it right now and can't afford to take the time off either...so I'm loading up on Painkillers right now and hoping it will go away....

The Only Girl - I've Updated the First Page....I've put the Figure of £5543.27.....Let me know if that's not right. You're doing AWESOME!! Keep going hun..... xXx

sophieo16 - I've Updated the First Page....You're doing BRILLIANTLY!! I'm sorry you're having Flat Issues but hopefully it will be sorted soon hun....and I'm glad that you had a lovely time in Barcelona....it's such a wonderful City....Did you make it to Park Guell? It's such a beautiful place to relax in Barcelona xXx

LittleMissDetermined - I've Updated the First Page...You're really going GREAT!! Keep going hun xXx

Mooloo - Thank You for your encouragement and support to our Members....It's really appreciated.... xXx

Keeping Motivated - I've Updated the First Page....Well Done, you're doing AWESOME!! xXx

Come on Everyone....Let's find those Rainbows today and remember that you can't have the Rainbows with the Rain!! xXx

Grandad's_Offspring

Well, I started it. Might be more than I can chew, but it's worth it.
I have access to a regular saver account with FD, 6% interest. i opened one a year ago and I just maxed it, it was a nice feeling.
I am now allowed to apply for another one. This time I can't afford to put £300 a month, but I decided £40 is doable. I called it the S**t might happen fund (SMH). It will be used towards the 3-6 months challenge. First step taken!

Dobbibill

#2 back again.........

Had to dip into it for my car, it needed a replacement headlight unit. The headlight lense was all misted up, with the wiring corroded in places so new bulbs weren't working.

down by £150.....so new total is £6598.43.........but that's what it's there for.

DreamerHelen

Evening All

Feeling a bit better tonight.....So I'm grateful for that....Just watching Britain's Got Talent.....I'm absolutely AWED by all the Talent that Britain has.....We're an AWESOME Country!! Feeling all Patriotic tonight...

Grandad's Offspring - I'm glad to hear that you're saving and you're doing BRILLIANTLY...Keep it going.... xXx

Dobbibill - I've Updated the First Page hun.....Don't worry, that is exactly what the Emergency Fund is for....you are doing AMAZING with the Total that you've saved....You're an inspiration xXx

[Deleted User]

Evening Helen and all you other fab 3-6 month challengees, thanks to an underpayment from my 2nd job in March and April this has been sorted this month so I've had a nice OP and have been able to top up my fund to £3617 which 42.5% xx

DreamerHelen

Evening Again....

Britain's Got Talent was AWESOME!! I really really enjoyed it....it was also lovely to have some time off Work and to relax....And now I'm Working again until about 1.30am-ish....

[Deleted User] - I've Updated the First Page....You are doing BRILLIANTLY!! Keep it going.... xXx