3 - 6 month Emergency Fund Challenge (part 2)

Dobbibill · 27 December 2018 at 3:57PM

Hi All,

I hope you all had a lovely Christmas.

As we go into 2019 we are moving forward with the 3 - 6 month Emergency Fund Challenge and as such a shiny new thread here for part 2.

The old thread is here.

Your goal can be as much or as little as you want. Some aim for 3 months spending, others 3 months income or even push it further for 6 months worth.
There is no timescale and you can do it at your own speed. Plod along or race through to your goal. It's your goal, your choice.

It's always good to review where you are with your goals every now and again so I completely understand if people want to prioritise other things ahead of this challenge. Just let me know and I'll release your number.

If you change your mind later, feel free to pop back and rejoin. You are always welcome and can have a shiny new number.

I will hold everyone's current numbers until the end of January. Once this comes, I will shuffle the numbers to fill the lower numbers first. If you want to keep your original number let me know, that will be fine too.

For now, keep on keeping on with those goals.

Dobbi

Dobbibill · 27 December 2018 at 3:58PM

All challenger names have been transferred to a spreadsheet here.
Please let me know if you prefer the spreadsheet method. I will only update the spreadsheet rather than this post for 5 weeks to see what everyone prefers. Majority preference will win.

Challenger names will now be held on the spreadsheet as there were no objections to moving to that method of tracking.

Keep on keeping on
Dobbi

x_raphael_xx · 27 December 2018 at 7:26PM

Hi Dobbi, thank you for taking up the reins.

Just popping in to re-post my 2019 goal for the list : £5000 target.
Current balance...£0

crazy_cat_lady · 27 December 2018 at 8:24PM

Hi Dobbi
I kind of fell off the face of the Earth with this thread because real life chucked me a real curve ball in the form of a separation and very expensive divorce.
At the moment I have debt that I need to clear again, but I really do hope to get back on board and save £6000 sooner or later. Much later at the moment as I have nothing but debt to report at the moment.

Dobbibill · 27 December 2018 at 8:38PM

x_raphael_xx wrote: »

Hi Dobbi, thank you for taking up the reins.

Just popping in to re-post my 2019 goal for the list : £5000 target.
Current balance...£0

Thanks x_raphael_xx - new 2019 goal, saved on the spreadsheet. Will post them all in post #2 when everyone has updated the shiny new thread.

crazy_cat_lady wrote: »

Hi Dobbi
I kind of fell off the face of the Earth with this thread because real life chucked me a real curve ball in the form of a separation and very expensive divorce.
At the moment I have debt that I need to clear again, but I really do hope to get back on board and save £6000 sooner or later. Much later at the moment as I have nothing but debt to report at the moment.

Hi crazy_cat_lady.

Real life has a habit of throwing in those cheeky curve balls and it really can put a wobble on your finances. :(I do hope things get better for you in 2019..

It sounds like you won't be able to join the challenge just at the moment. If I've misread/misunderstood your post, please correct me. (your future goal of £6k makes me wonder if I've misunderstood

)

If this is the case, I can release your number for now and you can rejoin with a shiny new number when you reach your DFD.

All the best with debt busting.

Dobbi

crazy_cat_lady · 27 December 2018 at 8:51PM

Yes, that's right Dobbi - I have debt to pay off again before I can start saving. I'll lurk on here and then join in again once I've paid it all off.

skye_blue · 27 December 2018 at 9:04PM

Hi Dobbi

Thanks for the offer to run this and best wishes to everyone especially a big thanks to helen for the previous updates

I was No 29 (skye blue) and would like to continue this year please

My total so far is £1,800 and I would like to get this up to £3,000 as I will be happy to achieve this along with the other challenges ive set myself

Thanks again

ponypal · 28 December 2018 at 11:55AM

Hi Dobbi,

I don't mind what number I am as I literally joined in December...

Decided to start with a three month emergency fund goal of £3000... currently I have £320 saved.

Dobbibill · 28 December 2018 at 12:12PM

skye_blue wrote: »

Hi Dobbi

Thanks for the offer to run this and best wishes to everyone especially a big thanks to helen for the previous updates

I was No 29 (skye blue) and would like to continue this year please

My total so far is £1,800 and I would like to get this up to £3,000 as I will be happy to achieve this along with the other challenges ive set myself

Thanks again

Great stuff skye blue, spreadsheet updated and number retained.

ponypal wrote: »

Hi Dobbi,

I don't mind what number I am as I literally joined in December...

Decided to start with a three month emergency fund goal of £3000... currently I have £320 saved.

Lovely stuff ponypal - Figures updated. I'll see what lower numbers are left at the end of January and see if it's possible to shuffle you up the list somewhere. Until then you are still #114.

charliedavis · 28 December 2018 at 5:44PM

Would love to join this please, currently at £1240.19 and would like to get to £10,500

Dobbibill · 28 December 2018 at 6:28PM

charliedavis wrote: »

Would love to join this please, currently at £1240.19 and would like to get to £10,500

Hi charliedavis - welcome to the challenge. You are member #10.

You are doing brilliantly already and well on your way. We're a friendly bunch and will be cheering you on from the side-lines.

Keep on keeping on.

Dobbi

3 - 6 month Emergency Fund Challenge (part 2)

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