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3 - 6 month Emergency Fund Challenge (part 2)

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  • Its_time
    Its_time Posts: 409 Forumite
    100 Posts Second Anniversary Name Dropper
    Right ok @WinterWarrior!  Funnily enough DH said the same thing but....me being me...... hmmm so will it be OK to say £1000 instead then on this thread?? 🙈
    *Stop giving up what you really want for what you want now*
    *Face your fear, don't do what's easy, do what is right, fight for it because it will be worth it*
    January grocery budget £215.07/£250
    #18 The 365 day 1p challenge 2023 £108.50/£667.95
    #48 Saving £1 a day for Christmas 2023 challenge £31/£365 
    Emergency fund £83.98/£1000



  • Payment made today of £175 so totals are:  #59   £385/£1000 thank you
    *Stop giving up what you really want for what you want now*
    *Face your fear, don't do what's easy, do what is right, fight for it because it will be worth it*
    January grocery budget £215.07/£250
    #18 The 365 day 1p challenge 2023 £108.50/£667.95
    #48 Saving £1 a day for Christmas 2023 challenge £31/£365 
    Emergency fund £83.98/£1000



  • ditty1234
    ditty1234 Posts: 2,123 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    edited 20 November 2021 at 8:38AM
    Right I am back to baby steps:

    E fund £113

    Housing fund £1820

    So a grand  total of £1933

    Only £70 from the magic first £2000

    Am hoping to get to magic £3000 before the end of the tax year. 
    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 25
  • Hi (no 2 here)

    Well just when you think the end is in sight something happens to throw you off. course  Anyway central heating gone bump can't be repaired so have taken £2,500 out of the emergency money to pay towards the final bill

    I know im lucky enough to have this money set aside but why oh why is there always something

    Anyway im calling it a day for my savings fund now as next year im trying to pay down my mortgage again as its my final year of my fixed rate and i think its only a matter of time before interest rates start to climb

    Have a great christmas and new year everyone and thank you for keeping us all updated x
      
  • #55 adding another £50 please
  • 44   -    £150 to add please @Dobbibill

    Many thanks.  
    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

  • I forgot to post last month so I have a double increase now, another £400 put aside bringing me up to £4200. #34
    I won’t post again until after next payday, so 🎄Merry Xmas everyone!🎄
    Debt Free 🍾 since 6.8.13 £31,997
    Saving for 🎄 🎁 2025 £460/£800 57%
    6 mth 🆘 fund £6k
    Mortgage offset fund £24.7k/£40.3k 61.3%
    It turns out the answer to my problems wasn’t at the bottom of this tub of ice-cream, 🍨 but the important thing is that I tried...
  •  44   -    £25 to add please @Dobbibill

    many thanks
    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

  • Hi Dobbibill

    I've needed to take £100 out of my emergency fund - it's good to have it when it's an emergency to help with an unexpected bill! :)  So, my total needs reducing by £100 to £2033.  Hope to build it back up in 2022 

    Thanks 
    Dragon Lily #24
    :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]



  • Hi Dobbibill


    May I join in? Several years ago due to stopping work through illness I accrued significant debts. With the help of this forum I cleared them all. What I have not properly established is savings. I manage to cover everything using my credit card at times, but clearing this. So the first step again is to establish an emergency fund. I am going to start with £1000 then move to 3 -6 fund. I would like to see a more prosperous 2022.

    SCP # 034
    The £1000 emergency fund #59
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