How much do you have in your emergency pot?

I don't have separate savings but I put money into different 'pots' on Monzo when I get paid. Car, house, clothes, dog, etc. Most of it comes out every month and then money gets put back in again the next pay day. I guess it serves the same function as savings but I don't have a separate amount of money that doesn't get touched.

Approx £2000 between us but it's in pots for different things, a few months ago would have been 3000, car works cost 500, unpaid parental leave 500 salary top up.

I put a bit away each month for car works, clothing, Christmas, unpaid leave and longer term savings but easy enough to pool together if we need to. My aim is to have one account with 3 months wages so not part of our pots that we use but 5 years in no where near, lots of things cropping up. Nursery fees have just dropped with 30 hours funding, but eldest DD is about to start driving lessons, in one hand out of the other!

Did have 8k but recently built older 2 kids a bedroom each, now at £800 xx

Omg how can a nurse part time and a tradesman have paid their mortgage and have £25k saved? How much do you make a month? Did you have an inheritence or got money for the house deposit to be able to do a 10 year mortgage instead of 25-30 years?
I am genuinely interested on how people can do that. My husband and I are in the top 10% earners according to the stats, normal life two kids and we had to take a 30 year mortgage to be able to pay it monthly together with everything else… we have savings but we would not be able to estinguish the mortgage any time soon!

Nothing but we do have house insurance on our house we also have it on appliances to cover break down's, including Electricity Gas & boiler break down if this helps with items breaking down at all

Yes but just from saving. Though I have to admit saving these days is getting harder with the cost of living. Everything is so much more expensive, I just had my car serviced and brakes done and it was over $2000 (£1000).

One nurse part time one tradesman full time. We have £25k. Out child has 10k thats been made up of child benifit, birthday, Christmas money over the last 4 years.Mortgage paid off but we" pay it" to ourselves 🙃

About 17k

Do you live in a shed? £5k won’t get you a roof 😬

I’m in Australia and after a huge bill I need to pay at the end of this month I will have $2000 (thousand pounds) this worries me greatly. I just bought my first home on my own so am not used to having such little disposable cash having saved up for the last 10 years for a deposit. I am actually considering selling my car so the money I make can be put in an emergency fund.

I think you are doing alright then lol

£9500. I finally paid off £17k of credit card debt two years ago, had a thread here, and that’s what I’ve saved up since (plus I’ve paid for two summer holidays). I have never had so much savings. But… there are plenty of non-urgent things that need doing in my house that would wipe most of it out!

For most of our working life we had no emergency pot. Often overdrawn, or debts on credit cards. It was only when our mortgage was paid off in our 50s that we started to be able to save a reasonable amount.

@brownbearbrownbear123i feel exactly the same with the comparison. Sometimes it feels like everyone has thousands in savings and pays massively into their pension each month (which i know is not the case!) We have been repaying some debt and have a small amount of savings earmarked towards replacing my husband’s car in the next year (will need to borrow some - would love to buy a second hand car outright but its just not possible), but just been told we need a new boiler. So thats the majority of that gone! Its so difficult to balance long term savings/house stuff/car/holiday/rainy day fund etc etc as something always come along to wipe it out/have to take out credit for. Alongside trying to enjoy life & have some fun money too!

Both me and dh are mid range earners but managed to pay off the mortgage when I was in my mid 30s (dh is 9 years older and had a previous house so we had a large deposit) so that means we have managed to save a fair bit, once we got over the nursery years. We have just over £100k in various savings accounts, some with savings pots for Christmas/birthdays/holidays etc. We’re mainly saving for retirement but any emergency can come out of that unless we can manage to pay with our monthly earnings.

Nothing but we do save £400 monthly for an annual holiday and £100 a month for Christmas/car costs so I guess if an emergency came up we would use those funds first before a credit card. I'm a spender!

Just under 5 months living expenses. I'm trying to get to 6 . This has taken me several years to get to this point

@Mitzuko is your partner entitled to pip as that's not means tested.

https://www.gov.uk/pip

You can apply for carers credit which is less than carers allowance as you work full time

Nothing. Single mum , 2 teens, horrible divorce,

Not a penny

Another vote for Dave Ramsey method. Before I had my daughter I had 20k in savings. Nursery fees and working part time ate them and gave me ~£6k debt. I was feeling really hopeless but now I am doing step one & saving £1k before paying of my debt. It’s given me the structure I needed to feel I can control things.

£7000 savings and no debt other than mortgage. I hate being in debt; like HATE it. So I prefer to save up then buy something rather than get it on credit or on a credit card. We are mid earners - I’m on £33,000 and my husband is self employed and earns about £16,000. We have 2 dc

£12,000
We have ‘normal’ incomes (one FT one PT)
Two young children (5 and under)

Currently about £450, Dh has I think about £1.6k. We have credit cards for absolute emergencies