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3 - 6 month Emergency Fund Challenge (part 2)

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Comments

  • karigan_2
    karigan_2 Posts: 10 Forumite
    First Anniversary
    Hiya. I'm number 28.

    My current savings stand at £323.93. Savings took a bit of a hit through July due to having to pay for a root canal and then having a new seal on the washing machine. However in great news i had a savings fund to cover both expenses for the first time ever so that made me feel better. :)
  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Karigan wrote: »
    Hiya. I'm number 28.

    My current savings stand at £323.93. Savings took a bit of a hit through July due to having to pay for a root canal and then having a new seal on the washing machine. However in great news i had a savings fund to cover both expenses for the first time ever so that made me feel better. :)


    ..... and you still have savings left - brilliant news and exactly what an emergency fund is for :D well done Karigan.
    Post #2 updated too ;)
    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.

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  • Rosie75
    Rosie75 Posts: 609 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Morning all.#14 here, checking in with a current balance of £2500 - a quarter of the way there, now.

    Thanks Dobbi!
    3-6 Month Emergency Fund #14: £9000 / £10,000
  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Rosie75 wrote: »
    Morning all.#14 here, checking in with a current balance of £2500 - a quarter of the way there, now.

    Thanks Dobbi!

    Brilliant progress Rosie75 :j you are well on your way and those regular top ups really do make a difference.

    Post #2 has been updated.


    Also keeping myself accountable, I've updated my own total.

    You'll recall a few posts ago I was £150 short of my goal and was dithering over whether to move it from elsewhere. Well, I pondered and decided that I really want to save towards a lump mortgage overpayment and my monthly amount would be going towards that if I could just reach my goal here first.....so this morning, I moved it over and have reached my goal :T :T
    Back to 100% after having to use some at the beginning of the year - yay!

    Everyone, keep on keeping on because it really does feel fab when you get to your goal :money:

    We can all do this and cheer each other on from the sidelines


    Dobbi :D
    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.
  • Rosie75
    Rosie75 Posts: 609 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Dobbibill wrote: »
    so this morning, I moved it over and have reached my goal :T :T
    Back to 100% after having to use some at the beginning of the year - yay!

    Well done Dobbi! Excellent motivation for the rest of us!
    3-6 Month Emergency Fund #14: £9000 / £10,000
  • Scrimps
    Scrimps Posts: 362 Forumite
    Ninth Anniversary 100 Posts Name Dropper
    weve sold our kayak which wont get use for a couple of years at least so have put more into the emergency savings. Please could you update post number 2 to £5,694.56. Thank you.
  • Scrimps
    Scrimps Posts: 362 Forumite
    Ninth Anniversary 100 Posts Name Dropper
    Dobbibill wrote: »
    ....so this morning, I moved it over and have reached my goal :T :T
    Back to 100% after having to use some at the beginning of the year - yay!

    Dobbi :D


    :j:T:T

    well done! enjoy!
  • Is it too late to join? I'm hoping you run this for 2020 so I can set up a real ambitious goal :)
  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Alicia1804 wrote: »
    Is it too late to join? I'm hoping you run this for 2020 so I can set up a real ambitious goal :)


    It's never too late to join Alicia1804 - welcome aboard :hello:


    Let me know your goal and where you are at the moment and I'll add it to post #2. You are challenger member #30 :D

    Also keep us updated with the progress and challenges along the way.


    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.
  • Thanks, Dobbi! I'm modestly aiming for £1,500 by the end of the year. If so, I have £600 of it, already.
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