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3 - 6 month Emergency Fund Challenge (part 2)
Comments
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Hi I am not sure if I have already joined this thread or if I have a number - but mainly on here to say that I now want to join this thread. I will start with 3 months and that is £6000 and I am hoping to get there in a year or two - I am currently at £1900 which is my housing fund and my basic emergency fund combined. While this might be cheating,I am new to saving so at the moment I have to count everything to make it count. But basically I have £900 in my housing fund and over £1000 in my emergency fund.
SO the trick for me now is to stay super frugal and not actually spend the money.Isa help to buy: 1000/3000 33%
Emergency fund: 100/1000 10%
Weight loose 8.6 kg - while having fun. 0/8.6 0%
Focus debt to clear HSBC £10/1111, 0% updated May 251 -
ditty1234 said:Hi I am not sure if I have already joined this thread or if I have a number - but mainly on here to say that I now want to join this thread. I will start with 3 months and that is £6000 and I am hoping to get there in a year or two - I am currently at £1900 which is my housing fund and my basic emergency fund combined. While this might be cheating,I am new to saving so at the moment I have to count everything to make it count. But basically I have £900 in my housing fund and over £1000 in my emergency fund.
SO the trick for me now is to stay super frugal and not actually spend the money.Hi ditty1234 - you weren't a member previously but are now on the members list so welcome aboard.You are member #52 and I've added both your goal and progress to the spreadsheet.Keep us updated with your progress and any challenges along the way, we are a friendly bunch and will be cheering you on from the sidelines.Keep on keeping on.DobbiI’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 -
Dobbibill said:ditty1234 said:Hi I am not sure if I have already joined this thread or if I have a number - but mainly on here to say that I now want to join this thread. I will start with 3 months and that is £6000 and I am hoping to get there in a year or two - I am currently at £1900 which is my housing fund and my basic emergency fund combined. While this might be cheating,I am new to saving so at the moment I have to count everything to make it count. But basically I have £900 in my housing fund and over £1000 in my emergency fund.
SO the trick for me now is to stay super frugal and not actually spend the money.Hi ditty1234 - you weren't a member previously but are now on the members list so welcome aboard.You are member #52 and I've added both your goal and progress to the spreadsheet.Keep us updated with your progress and any challenges along the way, we are a friendly bunch and will be cheering you on from the sidelines.Keep on keeping on.Dobbi
Isa help to buy: 1000/3000 33%
Emergency fund: 100/1000 10%
Weight loose 8.6 kg - while having fun. 0/8.6 0%
Focus debt to clear HSBC £10/1111, 0% updated May 251 -
#44 balance now £3775
Many thanks DobbibillMFW - 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 -
jennystarpepper said:#44 balance now £3775
Many thanks DobbibillOver three-quarters of the way there now - woohookeep 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.2 -
Dobbibill said:jennystarpepper said:#44 balance now £3775
Many thanks DobbibillOver three-quarters of the way there now - woohookeep on keeping onDobbi
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 £69682 -
Evening, I wonder if I could re-join please?
I have been off the MSE wagon for a spell and we are in the process of buying a new house (waiting for completion) so I've been focusing on paying off debts first. My savings pot stands at £1,213.87 and my first goal will be 3 months which is £9330 - seems a long way off!
Thank you
LMD xLife gets in the way...PADding is addictive...Saving's better than spending...My savings diary - Now for a healthier, wealthier me2025 1p challenge #41 | Cash envelope challenge #01 | SPC #017Sealed pot 2025 £6573 | EF £1000/£1000 | Sabbatical £3364/£6000 | Travel savings £1508 | Sinking pots £25711 -
I've added £4.83 to my emergency fund, taking my total to £1218.70
LMD xLife gets in the way...PADding is addictive...Saving's better than spending...My savings diary - Now for a healthier, wealthier me2025 1p challenge #41 | Cash envelope challenge #01 | SPC #017Sealed pot 2025 £6573 | EF £1000/£1000 | Sabbatical £3364/£6000 | Travel savings £1508 | Sinking pots £25712 -
LittleMissDetermined said:Evening, I wonder if I could re-join please?
I have been off the MSE wagon for a spell and we are in the process of buying a new house (waiting for completion) so I've been focusing on paying off debts first. My savings pot stands at £1,213.87 and my first goal will be 3 months which is £9330 - seems a long way off!
Thank you
LMD xWelcome back LMD - how exciting to be waiting to move. All the best with that chapter.I've added your goal and progress to the members list and you are #53....it may seem a way off to your goal but you are already over 10%......think of it as baby steps. Another £647.30 and you will hit 20% which I'm sure doesn't seem as daunting as the bigger goalKeep 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 -
Hi Dobbibill
#24 adding £50 so, now standing at £1815
Gradually creeping up towards £2000
Cheers
DragonLily:staradmin Star from Sue-UU
3 - 6 Emergency fund #24 £2273. Target £3,000
SPC15 #57 [SPC14 £195.50, SPC13 £114.08, SPC12 £215, SPC11 £183, SPC10 £209]1
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