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3 - 6 month Emergency Fund Challenge (part 2)

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  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    #68 here.  I am now on £1070 and have upped my target to £3000, which I am confident I can do by the end of the year...barring any emergencies, obviously. 
    Good luck to everybody this year. 
    Well done - progress updated and goal adjusted. 

    All the best to reach your goal in 2025 ;)
    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.
  • BlueJ94
    BlueJ94 Posts: 2,798 Ambassador
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    is there a new thread for this or carrying on? I fell off the wagon last year and need savings!
     I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe boards and spending & discounts 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.

    Debt owed;

    Salad Money - £616.47/£1200 JAJA - £679.70/ £900 Zable - £338.60/£1300 = £1,634.77

  • Makingabobor2
    Makingabobor2 Posts: 4,220 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    BlueJ94 said:
    is there a new thread for this or carrying on? I fell off the wagon last year and need savings!
    As far as I know, think this one just carries on. But sure @Dobbibill will correct me if I'm wrong. 
    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


  • Makingabobor2
    Makingabobor2 Posts: 4,220 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    #68  here again.  Up to £1120/£3000 
    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


  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    BlueJ94 said:
    is there a new thread for this or carrying on? I fell off the wagon last year and need savings!
    No new thread, we are continuing with this one.

    You still have your number & goal on the sheet (#80) just let us know how you are getting and I'll update it for you. 

    Welcome back aboard! ;)
    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.
  • Betharooni
    Betharooni Posts: 480 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    #39 here. Long time no update, sorry. Current EF balance is £543.91. I will be focusing on topping up my EF a bit more later this year so want to get updating on here again.
  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Welcome back Betharooni ;)
    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.
  • RedLipstick
    RedLipstick Posts: 106 Forumite
    100 Posts Name Dropper
    Hello everyone, Happy New 2025!

    I would like to join please if there is some space for this year. I have quite a few financial goals for this year but the first one that will get my full focus is building part 2 of my emergency fund. Ambitious target of £10k, will start from £0 please.

    Thank you so much, and good luck everyone with your goals!

    Mortgage: £173,700 Sep 22  £160,920 Apr 25

    MF Date: Sep 52 Mar 52


    2025 Goals:

    1) EF2 #84 £4000/£10000

    2) Pay off all your debts by Christmas 2025 #34 £2,400 to go

    3) MFW25 #51 £1628.22/£5000

    MFiT-T7 #5

  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Hello everyone, Happy New 2025!

    I would like to join please if there is some space for this year. I have quite a few financial goals for this year but the first one that will get my full focus is building part 2 of my emergency fund. Ambitious target of £10k, will start from £0 please.

    Thank you so much, and good luck everyone with your goals!
    Welcome aboard RedLipstick - you are member #84.
    I have added your goal, do pop back and let us know when you start to add to the fund. 

    All the very best & Happy New 2025 goal.

    Keep on keeping on

    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.
  • RedLipstick
    RedLipstick Posts: 106 Forumite
    100 Posts Name Dropper
    Fantastic, thank you Dobbi x

    Mortgage: £173,700 Sep 22  £160,920 Apr 25

    MF Date: Sep 52 Mar 52


    2025 Goals:

    1) EF2 #84 £4000/£10000

    2) Pay off all your debts by Christmas 2025 #34 £2,400 to go

    3) MFW25 #51 £1628.22/£5000

    MFiT-T7 #5

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