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3 - 6 month Emergency Fund Challenge (part 2)
Comments
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I have sold my house and temporarily moved in with family so I really want to maximise saving over the next few months whilst paying much lower rent and bills. On that note regular savings came out over last few days and I added some extra pounds to EF bringing my total up to £2334/£6000. Thanks!Debt free November 20222
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No.61 updating. Adding another £50 to my E/F now at £100.00.:j Debtfree and and staying that way.:j3-6 month emergency fund, No.61 £140.002
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#71 adding another £250 via standing order.
Total: £6,900/£10,000Solo Buyer & MFWStart date: January 2016At it's highest: -£237,000Current Balance: -£73,754 (March '23)2021 OP total: £6,0002022 OP total: £10,5353 -
#68 checking in with another £10,now on £180/£1000Making the debt go down and savings go up
LBM 2015 - debt £57K / Now £28,524....its going down
Mortgage Free December 9th 2024! 18mths ahead of schedule. Since 2022 we paid over £15K in OPs.Challenges
EF #68 £570/£3000
.
Studies/surveys August £14.50
Decluttering items 777
Books read 15
Jigsaws done 8
My debt free diary...https://forums.moneysavingexpert.com/discussion/6396218/we-will-get-this-debt-d£own-the-savings-up2 -
£30.66 added to my EF to round out the numbers.#3 £300.00 / £5000Debt 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 £103,594.983 -
#68 checking in, now up to £200/£1000Making the debt go down and savings go up
LBM 2015 - debt £57K / Now £28,524....its going down
Mortgage Free December 9th 2024! 18mths ahead of schedule. Since 2022 we paid over £15K in OPs.Challenges
EF #68 £570/£3000
.
Studies/surveys August £14.50
Decluttering items 777
Books read 15
Jigsaws done 8
My debt free diary...https://forums.moneysavingexpert.com/discussion/6396218/we-will-get-this-debt-d£own-the-savings-up2 -
20% to goal or one fifth of the way there - either way that's amazing - well done!Makingabobor2 said:#68 checking in, now up to £200/£1000
Keep on keeping on
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If you can't be the best -
Just be better than you were yesterday.2 -
Thanks. I'm definitely motivated to keep adding to it nowDobbibill said:
20% to goal or one fifth of the way there - either way that's amazing - well done!Makingabobor2 said:#68 checking in, now up to £200/£1000
Keep on keeping onMaking the debt go down and savings go up
LBM 2015 - debt £57K / Now £28,524....its going down
Mortgage Free December 9th 2024! 18mths ahead of schedule. Since 2022 we paid over £15K in OPs.Challenges
EF #68 £570/£3000
.
Studies/surveys August £14.50
Decluttering items 777
Books read 15
Jigsaws done 8
My debt free diary...https://forums.moneysavingexpert.com/discussion/6396218/we-will-get-this-debt-d£own-the-savings-up2 -
#68 again, another £10 added today, bringing it to £210/£1000Making the debt go down and savings go up
LBM 2015 - debt £57K / Now £28,524....its going down
Mortgage Free December 9th 2024! 18mths ahead of schedule. Since 2022 we paid over £15K in OPs.Challenges
EF #68 £570/£3000
.
Studies/surveys August £14.50
Decluttering items 777
Books read 15
Jigsaws done 8
My debt free diary...https://forums.moneysavingexpert.com/discussion/6396218/we-will-get-this-debt-d£own-the-savings-up2 -
Hi my emergency fund seems to be under constant pressure as have started paying all bills yearly at the moment. And dishwasher is potentially broken, but I have just been 2 weeks without any spending except groceries, and if I keep doing that I will get back on track fairly quickly. That said I started a private pension last year and am paying into a housing isa very slowly so all together I now have over £3000 stashed away towards my retirement which is in 10 years and I don't have much pension. My main focus at the moment is to pay off a tax credit debt, except the hmrc lost almost 100 that i had paid in. So need to call them. So am paying slowly to avoid paying money twice. Everything else is on low payments as my income is currently under a lot of pressure. Once I have paid my car insurance in March (£3-400) I will start my emergency and a bills/budget fund and report back.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 252
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