We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

3 - 6 month Emergency Fund Challenge (part 2)

13435373940116

Comments

  • skinnylove
    skinnylove Posts: 47 Forumite
    Part of the Furniture 10 Posts
    #33 skinnylove £5400/£5400

    Woo! Our holiday was moved to next year so I used the outstanding balance to finish off the emergency fund. Thanks for having me  :)
    Outstanding Debt at 01/01/2020
    2.09% Mortgage - £93,851.54

    #33 Emergency Fund Challenge - £5400/£5400
  • Dobbibill
    Dobbibill Posts: 4,195 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    edited 4 July 2020 at 2:58PM
    #33 skinnylove £5400/£5400

    Woo! Our holiday was moved to next year so I used the outstanding balance to finish off the emergency fund. Thanks for having me  :)

    Well done skinnylove - you have now been turned blue and yellow on the spreadsheet :smiley:
    Despite lots of unwanted things happening at the moment - taking the chance to turn it into a positive is brilliant. Not great that your holiday was cancelled but on the bright side, your EF is now full to the brim ;)
    Well done to everyone else who is continually adding to their fund - you are really doing fantastically.
    Keep on keeping on
    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.
  • skinnylove
    skinnylove Posts: 47 Forumite
    Part of the Furniture 10 Posts
    Dobbibill said:

    Well done skinnylove - you have now been turned blue and yellow on the spreadsheet :smiley:
    Despite lots of unwanted things happening at the moment - taking the chance to turn it into a positive is brilliant. Not great that your holiday was cancelled but on the bright side, your EF is now full to the brim ;)
    Well done to everyone else who is continually adding to their fund - you are really doing fantastically.
    Keep on keeping on
    Dobbi :D
    Fabulous, thank you! At the start of the year I was expecting a 12-18 month slog, so I'm so pleased I managed to get it together much quicker. Definitely provides some comfort that I have it.
    Outstanding Debt at 01/01/2020
    2.09% Mortgage - £93,851.54

    #33 Emergency Fund Challenge - £5400/£5400
  • Rosie75
    Rosie75 Posts: 609 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Hi all, #14 here. I haven't updated since the corona craziness began. I hope everyone is getting through this as best they can. I'm on £9000 now. I may revise my target upwards (from 3 to 6 months of salary) once I hit the existing one, as the current times have reinforced how important it is to have that financial buffer.  
    3-6 Month Emergency Fund #14: £9000 / £10,000
  • skye_blue
    skye_blue Posts: 305 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Hi (No 2 here)
    Please add £100 for June, I also added £100 for May am I looking at the wrong list (page 1) as I can;t see the May update?
    Take care everyone and thanks

  • Dobbibill
    Dobbibill Posts: 4,195 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    skye_blue said:
    Hi (No 2 here)
    Please add £100 for June, I also added £100 for May am I looking at the wrong list (page 1) as I can;t see the May update?
    Take care everyone and thanks

    The list has been moved to a spreadsheet here instead. I asked the what the preference was and a few said they liked the spreadsheet format (it's easier to update too tbh).
    Let me know whether your total is correct when you get chance to look at it. :D
    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.
  • Hello all, may I join in?  I've just read through the whole thread so far and it really is fantastically supportive and inspiring. 

    I've worked really hard to sort out our finances over the last year or so, and my target now is to build up a nice emergency fund.  My target is £9000, of which I currently have £959.25 saved.  

    Thanks!  :)
    3-6 Month Emergency Fund Challenge #41: £1294.25/£9000
  • skye_blue
    skye_blue Posts: 305 Forumite
    Part of the Furniture 100 Posts Name Dropper
    hi (no 2 here)
    Thats great thank you i was looking in the wrong space, total is spot on
    Thanks again

  • Dobbibill
    Dobbibill Posts: 4,195 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Hello all, may I join in?  I've just read through the whole thread so far and it really is fantastically supportive and inspiring. 

    I've worked really hard to sort out our finances over the last year or so, and my target now is to build up a nice emergency fund.  My target is £9000, of which I currently have £959.25 saved.  

    Thanks!  :)

    Welcome Confabulate - you are member #41.
    Of course you can join - we are a friendly bunch - there is no time limit on you getting to your goal - just pop a bit in when you can and do it at your own pace.
    I've updated the spreadsheet with your goal and progress so far, you are on a comfy 10.66% so a big well done already :-)
    Keep us updated with how you are doing ....putting in or taking out, it's there for emergencies after all.
    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!  
    3-6 Month Emergency Fund Challenge #41: £1294.25/£9000
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.