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3 - 6 month Emergency Fund Challenge (part 2)
Comments
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Hi, can I join please? Goal is £675 to hit my 6 month target.#46 3 to 6 month Emergency Fund Challenge: £585 to go1
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Tortoiseshell20 said:Hi, can I join please? Goal is £675 to hit my 6 month target.Welcome aboard Tortoiseshell20 - you are very member #46.I have added your name, number and target to the spreadsheet.Keep us updated with your progress - the good and the not so good. We will be cheering you on from the side linesThere is no rush or timescale so do it at your own pace. It's about doing something rather than doing nothing but not putting pressure on yourself if you need to take out of the fund because that's what it's there for.Keep on keeping onDobbiI’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.1 -
Quick Update now at £272/£5000 still aggressively paying down car loan once this has cleared will be able to chuck more into it
Mortgage Amount Outstanding £116,682.20
2025 Mortgage-Free Wannabes #49 £1401.29/£1,250 (104.74%/100.00%)
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£350 so now at 2k. Trying to have 5k ish in the pot by June 21.MFW - 01.10.21 £63761 01.10.22 £50962 01.10.23 £39979 01.10.24 £27815. 01.01.25. £17538
01.03.25 £14794. 01.04.25 £12888
01.05.25. £11805. 12.05.25 £9997 05.06.25 £8898.
01.07.25. £7975 01.08.25 £69681 -
#9 target of £4,000 achieved 😊
I'll carry on adding to it when I can and use it towards lease extension in a couple of years, assuming there's no emergency.
This thread is great, I'm tempted to come back with a new target for a different fund! Thanks for cheering on and good luck to all you savers. 🙂3 -
blue_mango said:#9 target of £4,000 achieved 😊
I'll carry on adding to it when I can and use it towards lease extension in a couple of years, assuming there's no emergency.
This thread is great, I'm tempted to come back with a new target for a different fund! Thanks for cheering on and good luck to all you savers. 🙂Well done blue_mango - that's fantastic - woohooI can create an a & b fund for you if you'd like to come back with a new refreshed target for another fund if you would like to.Glad to see the thread has helped with motivation and accountability. You have now been turned bright yellow - this is the 'special' colour for reaching 100%Always Keep on keeping onDobbiI’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.1 -
blue_mango said:#9 target of £4,000 achieved 😊
I'll carry on adding to it when I can and use it towards lease extension in a couple of years, assuming there's no emergency.
This thread is great, I'm tempted to come back with a new target for a different fund! Thanks for cheering on and good luck to all you savers. 🙂
I've finally reached 10% of my target, now on £542/ £5000Save £12k in 2022 = £3705.97/ £7,500 (49%)
Save £12k in 2021 #76 = £11,857.21/ £10,000 (118%)2 -
Evening all I have to slightly reduce my EF as I have just had some small issues come up on car mot so now I am on £168.60
Mortgage Amount Outstanding £116,682.20
2025 Mortgage-Free Wannabes #49 £1401.29/£1,250 (104.74%/100.00%)
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A_Random_Man said:Evening all I have to slightly reduce my EF as I have just had some small issues come up on car mot so now I am on £168.60That's exactly what it's therefore - those unforeseen expenses that you hadn't anticipated
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.0 -
Payday equals another deposit 😀
#34 £3800/£6000 63%
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