📨 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)

14041434546116

Comments

  • £150 Please Dobbibill. 
    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 £6968

  • x_raphael_xx
    x_raphael_xx Posts: 4,411 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    #3 Checking in.
    Whoops! Looks like I haven't updated in a while!
    I've been one of the lucky few to have kept my job all through lockdown, and not being able to do my usual hobbies like my weekly music lesson has actually saved me money.
    My total is now £4475 / £5000.
    I will be using £3450 of this to get braces in September (been waiting since January) but I aim to keep topping it up as much as possible before then. £5000 is still the end goal!

    Finally booked in for my dental work, so a big chunk has been removed from my EF.
    It now stands at £1075 / £5000
    Debt Free as of 17/01/2009 Turtle Power!!

    EF Challenger #3 £1543.72 / £5000
    MFW 2024 #100 £1300.00 / £10,000

    MFiT #40 Jan 2025 Target - £99,999.00
    Mortgage at 30/09/22 £113,694.11 | Mortgage at 24/01/23 £110,707.87
    Mortgage at 21/04/23 £107,701.01 | Mortgage at 20/07/23 £106,979.65
    Mortgage at 04/10/23 £106,253.77 | Mortgage at 10/01/24 £105,324.57
    Mortgage at 01/04/24 £104,424.73 | Mortgage at 01/10/24 £103,594.98
  • #46 I'm done!
    #46 3 to 6 month Emergency Fund Challenge: £585 to go
  • candiii
    candiii Posts: 143 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    #40 £200 added so we're off the marker :)
    Common sense is not common

    Small progress is still progress

    Weight Loss Challenge 2025 - 30.8lbs/73lbs
  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Well done to everyone still adding to their EF despite the challenging times we are in.
    As a collective we have almost £112k in EF between us - that is amazing!!!!
    We can do this.
    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.
  • IvysMom
    IvysMom Posts: 79 Forumite
    Third Anniversary 10 Posts
    #35 checking in EF currently stands at £5,167/£18,000 :smile:
  • Hello, could I join you all please? I have had to rely on savings during lockdown and it has highlighted to me how much I need a buffer. I would like to eventually have £10,000 but it will take me years to achieve this, especially with another lockdown seemingly imminent. How long has everyone on here given themselves to reach their goals? 
    SPC  #046 2021- £293.26
    Make £2022 in 2022 #35 £10/£2022
  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Hello, could I join you all please? I have had to rely on savings during lockdown and it has highlighted to me how much I need a buffer. I would like to eventually have £10,000 but it will take me years to achieve this, especially with another lockdown seemingly imminent. How long has everyone on here given themselves to reach their goals? 
    Welcome aboard IntoTheForest - of course you can join.
    I've added your name and goal to the spreadsheet, you are #47 - keep us updated on your journey. We'll be cheering you on from the side lines.
    Everyone saves at a different pace on this challenge and it takes as long as it takes :smiley: Also if you need to use it then that's fine too..... that's what it's there for after all ;)  You also have the option to break it down into bite size goals if that's easier for you - I can always up your goal each time you reach it.
    All the very best saving. 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.
  • skye_blue
    skye_blue Posts: 304 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Hi (No 2 here)
    Please amend my total to £100 left in pot (Target aiming for £3,000) ive been paying off bits and bobs, getting finances straight and some house spends this year.  Ive got decorator finishing last room this week hopefully then i can start to add to this target and get some security behind me, no big xmas spends needed. So hopefully the late start can begin


  • #39 reporting in with £900/£5,000.

    B x
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
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K 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.