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3 - 6 month Emergency Fund Challenge (part 2)

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  • Divingmad
    Divingmad Posts: 577 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    #75 checking in
    It's been a while since I last posted and have been slowly chucking money into the fund which now sits at £1734.76.

    Slowly getting there 😃
    I feel like a Pelican - everywhere I look there's a bill staring at me!LBM: March 2014 Current CC debt: £2048.29/£3666.53 (55.86% repaid) Current Challenges:Tilly Tidy: £2087.67/£2500 (83.50%) 3 to 6 month emergency fund #75: £3653.62/£6000 (60.89%)
  • Makingabobor2
    Makingabobor2 Posts: 4,220 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    #68 checking in. Finally seeing progress & half way to 1st target....£505/1000
    Making the debt go down and savings go up

    LBM 2015 - debt £57K / Now £28,744....its going down

     Mortgage Free December 9th 2024! 
    18mths ahead of schedule.  Since 2022 we paid over £15K in OPs.

    Challenges

    EF #68  £550/£3000
    .

    Studies/surveys  August £7.48

    Decluttering items 771

    Books read    14
    Jigsaws done  8

    My debt free diary...https://forums.moneysavingexpert.com/discussion/6396218/we-will-get-this-debt-d£own-the-savings-up


  • x_raphael_xx
    x_raphael_xx Posts: 4,411 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    #3 Here again.

    Payday and I've been able to pop a chunk in the EF pot.
    £1543.72 / £5000
    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 £103,594.98
  • #68 checking in after a long absence. Now have £780  in the pot, which I am very pleased about. should be over the £1K by Christmas. And will then just keep going by setting a bigger target. 
    Making the debt go down and savings go up

    LBM 2015 - debt £57K / Now £28,744....its going down

     Mortgage Free December 9th 2024! 
    18mths ahead of schedule.  Since 2022 we paid over £15K in OPs.

    Challenges

    EF #68  £550/£3000
    .

    Studies/surveys  August £7.48

    Decluttering items 771

    Books read    14
    Jigsaws done  8

    My debt free diary...https://forums.moneysavingexpert.com/discussion/6396218/we-will-get-this-debt-d£own-the-savings-up


  • ponypal
    ponypal Posts: 417 Forumite
    Seventh Anniversary 100 Posts Name Dropper Photogenic
    I need to leave this challenge sadly back in debt which I need to focus on!
  • Makingabobor2
    Makingabobor2 Posts: 4,220 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    edited 1 November 2024 at 1:19PM
    Well done @SecondStar, that is an amazing amount. 

    #68 here, I am now up to £885.  Will definitely get to the £1K before Christmas.  If I can save another £2K next year, I would be well pleased. Never thought we'd get to the stage of being able to start saving, while still clearing debts. 
    Making the debt go down and savings go up

    LBM 2015 - debt £57K / Now £28,744....its going down

     Mortgage Free December 9th 2024! 
    18mths ahead of schedule.  Since 2022 we paid over £15K in OPs.

    Challenges

    EF #68  £550/£3000
    .

    Studies/surveys  August £7.48

    Decluttering items 771

    Books read    14
    Jigsaws done  8

    My debt free diary...https://forums.moneysavingexpert.com/discussion/6396218/we-will-get-this-debt-d£own-the-savings-up


  • amber03
    amber03 Posts: 1,360 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    Well done SecondStar, it’s a great feeling to hit your total. X
    :j Debtfree and and staying that way.:j3-6 month emergency fund, No.61 £140.00
  • TizerCat
    TizerCat Posts: 526 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    Am joining today if you will have me :-)

    I need to save a 6 month emergency fund before I reduce my hours at work. Goal is £5000, £500 saved so far.
    Debt at LBM 2010 £40,640.17. Debt Free 2017 Debt 2023 £24k I didn't learn! NEW Goal Debt and Mortgage Free Jan 2025.
    Debt Free Diaries - TizerCat learns to stay debt free
    November NSD Challenge 12/16
    6 months emergency fund challenge £500/£6000
  • TizerCat
    TizerCat Posts: 526 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    ponypal said:
    I need to leave this challenge sadly back in debt which I need to focus on!
    Sorry to hear this ponypal I hope you get it sorted soon x
    Debt at LBM 2010 £40,640.17. Debt Free 2017 Debt 2023 £24k I didn't learn! NEW Goal Debt and Mortgage Free Jan 2025.
    Debt Free Diaries - TizerCat learns to stay debt free
    November NSD Challenge 12/16
    6 months emergency fund challenge £500/£6000
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