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3 - 6 month Emergency Fund Challenge (part 2)

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Comments

  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Divingmad said:
    Hi Dobbie
    Would I be able to join this challenge please?
    Thanks
    DM
    Hi Divingmad of course you can. Welcome aboard!

    Let me know your goal and I will add you to the challenge spreadsheet.  

    After that just pop in regularly and let us know how you're getting on. 

    Always 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.
  • itsjustafad
    itsjustafad Posts: 48 Forumite
    Second Anniversary 10 Posts
    #66 - Please can I change my target amount to £3,500?
    Thanks  :)
  • Divingmad
    Divingmad Posts: 577 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Hi Dobbie,
    My target is to get an initial 3 months emergency fund, so that bottoms out at £6000 🙄
    I've had some monumental expenses which have dragged my current emergency fund down, so need motivation to get back into it.
    I feel like a Pelican - everywhere I look there's a bill staring at me!LBM: March 2014 Current CC debt: £2048.29/£3666.53 (55.86% repaid) Current Challenges:Tilly Tidy: £2087.67/£2500 (83.50%) 3 to 6 month emergency fund #75: £3653.62/£6000 (60.89%)
  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Hey Drivingmad - you are now member #75.

    I've taken your progress from your signature - if this is wrong, let me know but you are certainly off to a good start with just over 6% already. 

    You had those expenses but you also had an EF which is exactly what it's there for. It's great that you are so focused on replenishing the funds. 

    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.
  • Divingmad
    Divingmad Posts: 577 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Hi Dobbie,
    The signature is upto date so that'll be good to start with. I would happily take credit to the great start, but alas, it's just from rationalising my current pots and applying some focus to going back to basics on saving and debt busting 😄
    I feel like a Pelican - everywhere I look there's a bill staring at me!LBM: March 2014 Current CC debt: £2048.29/£3666.53 (55.86% repaid) Current Challenges:Tilly Tidy: £2087.67/£2500 (83.50%) 3 to 6 month emergency fund #75: £3653.62/£6000 (60.89%)
  • SuperSavingD
    SuperSavingD Posts: 569 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    Hi

    Can I please join this challenge.  Initially aiming for £1k before I target the 3-6month target.  Starting off with £20 in the pot.

    I did have a £1k fund at one point but overspending gobbled it up.  I must try harder this time.

    Thanks
  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Hi

    Can I please join this challenge.  Initially aiming for £1k before I target the 3-6month target.  Starting off with £20 in the pot.

    I did have a £1k fund at one point but overspending gobbled it up.  I must try harder this time.

    Thanks
    Welcome aboard the challenge.

    You are member #76 :)

    Keep us updated with your progress and challenges and we will cheer you on from the sidelines.

    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.
  • Divingmad
    Divingmad Posts: 577 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Today was the transfers day money wise, so another £65 added to the emergency fund 😁
    I feel like a Pelican - everywhere I look there's a bill staring at me!LBM: March 2014 Current CC debt: £2048.29/£3666.53 (55.86% repaid) Current Challenges:Tilly Tidy: £2087.67/£2500 (83.50%) 3 to 6 month emergency fund #75: £3653.62/£6000 (60.89%)
  • SuperSavingD
    SuperSavingD Posts: 569 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    #76 added to the EF, now at £125/£1000
  • CasualMFW
    CasualMFW Posts: 65 Forumite
    Second Anniversary 10 Posts Photogenic Name Dropper
    #71 back down to £8,615 after a spend on nursery furniture.
    Solo Buyer & MFW
    Start date: January 2016
    At it's highest: -£237,000
    Current Balance:  -£73,754 (March '23)
    2021 OP total: £6,000
    2022 OP total: £10,535

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