3 - 6 month Emergency Fund Challenge (part 2)

jennystarpepper

£10 added  from surveys, so £1620 now.  

Dobbibill

FrankieM said:

Hi All

I've just had my redundancy pay come in and that and other savings made over the last few months means that my emergency fund is now fully funded.

Can't tell you what a relief it is to know I have that money to fall back on if required!

Thanks for doing the challenge Dobbi 

Hi FrankieM - well done - fantastic acheivement.

I've updated you as bright yellow now

Drop in whenever you fancy.

Dobbi :-)

triple_choc_chip

I’ve paid in another £200 from my salary and re-directed  £1000 which I’d saved for a holiday that is definitely not happening this year, whilst keeping some aside for a staycation next week. So my total has flown up to £3600/£6000 60% #34
Thanks Dobbi 

[Deleted User]

Hi everyone. I'll really like to join this challenge, please. I think I work best at mse ways when I've got a big target, so I'll aim for £20,000, please.

I paid off my debt best when I was panicking about being made redundant. It didn't happen then, and I got a bit complacent and comfortable again. Now I think there's again a strong possibility of redundancy happening sometime within the next 12 months, and I want to be in a position to not be unhappy about it
bln 

A_Random_Man

Hi all just a quick update my EF has only gone up by a couple of quid, obviously any progress is good progress but because I am trying to clear my debt at same time, I know I am going to be in for a long haul 

Confabulate

Hello all, lovely to see the progress everyone is making towards their targets!

Alas, I had to dip into my EF for some extra household costs, so my total currently stands at £1294.25.  I need some work done on my car too so it's likely I'll have to use some more of it later in the month.  Oh well - the EF is already proving its worth, it's so lovely to not be worrying about how I'll afford the car costs.  And I'll keep working towards my target.  

Dobbibill

bestlifenow said:

Hi everyone. I'll really like to join this challenge, please. I think I work best at mse ways when I've got a big target, so I'll aim for £20,000, please.

I paid off my debt best when I was panicking about being made redundant. It didn't happen then, and I got a bit complacent and comfortable again. Now I think there's again a strong possibility of redundancy happening sometime within the next 12 months, and I want to be in a position to not be unhappy about it
bln 

Welcome bestlifenow - you are member #45.

I've added you to the spreadsheet along with your goal - please keep us updated on how you are doing. We'll be cheering you on from the side-lines.

A_Random_Man - you are sitting on a comfy 5%

Confabulate - that's exactly what it's there for Building it up and then dipping into is so reassuring and takes away the worry and stress. Keep at it.

Well done all.

Dobbi

jennystarpepper

£10 chucked at the pot today.  so now £1630. 
Hoping to get close to £2000 by the end of August,  need a small roof repair,  something always comes up!

Betharooni

#39 reporting with £450/£5,000 saved. Was able to put a little extra into my emergency fund this month to bring it to a round figure. Have budgeted that I should reach and surpass £1,000 by the end of the year.

jennystarpepper

Another £20 today, now £1650.