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3 - 6 month Emergency Fund Challenge (part 2)

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Comments

  • Makingabobor2
    Makingabobor2 Posts: 4,227 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    #68 checking in to add another £20 making £100/£1000.  Still a long way to go, but fingers crossed its going in the right direction still and once I get to £1000, I will keep going. 
    Making 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  £590/£3000
    .

    Studies/surveys  August £14.50

    Decluttering items 771

    Books read    14
    Jigsaws done  8

    My debt free diary...https://forums.moneysavingexpert.com/discussion/6396218/we-will-get-this-debt-d£own-the-savings-up


  • datlex
    datlex Posts: 2,252 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Dobbibill said:
    datlex said:
    No idea if I ever joined this one.  I was in one but cannot recall when last posted.  I currently have the money ready to cover 1 month of bills in each bank I pay bills from and over a month in the account I replenish these from.  I also have a further 3 months worth saved in another account.  So all told well on way to having 6 months worth of bills. 
    Hi @datlex You did join this challenge and are #6 on the spreadsheet.

    Your last update was £1000/£3300 

    Well done on getting yourself in a great position with an EF - if you would like me to update the spreadsheet - please let me know. 
    Hi yes probably a good idea to update it.  

    I would like to adjust the goal amount to £5700 and amount saved to £4500.  It would cover either 3 months of pay not just bills or a good about 6 months of bills.
    Paid off the last of my unsecured debts in 2016. Then saved up and bought a property. Current aim is to pay off my mortgage as early as possible. Currently over paying every month. Mortgage due to be paid off in 2036 hoping to get it paid off much earlier. Set up my own bespoke spreadsheet to manage my money.
  • 44 - £30.00 to add please.

    Many thanks @Dobbill
    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

  • #55 adding £50 please
  • Doris17
    Doris17 Posts: 925 Forumite
    Tenth Anniversary 500 Posts Name Dropper Combo Breaker
    #77 added £233.24 today. £1052.54/£5000

    "Make Everyday Count"



  • Makingabobor2
    Makingabobor2 Posts: 4,227 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    #68 checking in to add another £15 making a total of £115/£1000
    Thanks for running this thread @Dobbibill, I find it really keeps me motivated. 
    Making 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  £590/£3000
    .

    Studies/surveys  August £14.50

    Decluttering items 771

    Books read    14
    Jigsaws done  8

    My debt free diary...https://forums.moneysavingexpert.com/discussion/6396218/we-will-get-this-debt-d£own-the-savings-up


  • Divingmad
    Divingmad Posts: 577 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    #75 popping in, added £45 to the emergency fund today
    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%)
  • #66 now at £3,500 thanks to the accountability on here. Good luck to everyone else on their journeys  :)
  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    #66 now at £3,500 thanks to the accountability on here. Good luck to everyone else on their journeys  :)
    Congrats on reaching 100% of your goal!!!!!
    You are now highlighted in bright yellow on the spreadsheet  o:)  
    It's great to see the accountability helped you keep on track. 
    Feel free to add a new goal or just pop in occasionally and keep us updated on how things are going.

    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.

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  • Thanks  :)
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