📨 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)

14445474950116

Comments

  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    edited 2 January 2021 at 10:20AM
    Happy New Year to Everyone
    2020 has gone now (thank goodness) but as a collective our total 3-6 month EF stands at £124746.10 ;)
    That is brilliant - well done to everyone who saved a little or alot - you did good!
    Let's see what we can save for 2021.
    Stay safe and 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.
  • ponypal
    ponypal Posts: 417 Forumite
    Seventh Anniversary 100 Posts Name Dropper Photogenic
    Ended 2020 with £5000 in my EF! Going to try and reach my goal of £6k asap. Hope everyone's new year has started well x
  • Betharooni
    Betharooni Posts: 480 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    Hi

    #39 checking in with new Emergency Fund total of £1,153.71/£5,000.00

    B x
  • Hi

    #44  £20 today  please.

    Thank you

    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

  • Hello all, I've read through and am feeling thoroughly motivated thanks! I would love to join please?
    We've got a lot going on with a slooow reno but I'd like to save 10 months emergency pot for one. (ie one persons essential outgoings per month) by the end of the year.
    This will be saved by the difference in wages between me and dh & my quit smoking money.. But it's there if either of us need it. The peace of mind knowing it is there would feel so good!
    So we're currently at £1772/£6540 2.7mth/10mth please
    "Why not now, OK so when and how," ElephantChunks.
    Electrics re-wire savings Oct 18 - March 2020 WE GOT ELECTRIC!
    Heating Loan Sept 0/£5000
    SPC14 #65
  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Hello all, I've read through and am feeling thoroughly motivated thanks! I would love to join please?
    We've got a lot going on with a slooow reno but I'd like to save 10 months emergency pot for one. (ie one persons essential outgoings per month) by the end of the year.
    This will be saved by the difference in wages between me and dh & my quit smoking money.. But it's there if either of us need it. The peace of mind knowing it is there would feel so good!
    So we're currently at £1772/£6540 2.7mth/10mth please

    Welcome Elephantchunks - welcome aboard!
    I have added you, your goal and progress to the spreadsheet. You are member #49
    You are off to a fantastic start at 27.09% to goal B)
    Keep us updated with your progress, the ups and downs - we will be cheering you on from the side-lines ;)
    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.
  • #44   £20 today please.
    Thank you. 
    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

  • IvysMom
    IvysMom Posts: 79 Forumite
    Third Anniversary 10 Posts
    #35 checking in £7227/£18000 
    Happy new year everyone.
  • PositiveBalance
    PositiveBalance Posts: 1,268 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    edited 12 January 2021 at 5:12PM
    Hello everyone!
    May I please join, @Dobbibill?
    I have just 'graduated' from my £1000 starter EF on the wonderful thread started by @patman99 and I would love to initially save up 3 months, then 6 months of EF but I'm afraid that if I aim for the 6 month amount straight away it will seem unachievable and put me off, especially as I will have some home repairs to do this year, so I'm initially aiming for 3 months, which is £3050 for me. I'll eventually move onto 6 months, or £6100.
    Thanks for having me! My initial balance is £1000. :smile:
    Debt: £11,640.02 paid in full! DFD: 30/06/20
    Starter Emergency Fund (#187): £1000/£1000
    3 month Emergency Fund (#45): £3300/£3300
  • HI
    Pls could you let me know what page the table is on 
    Im unsure of my number (was no 2 - skye blue) and would like to add £400, think that should bring me up to £500
    Thanks

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.