How I plan to SAVE R100k for my Emergency Fund by end of 2024 | My WHY & HOW

#savingsgoals #investingforbeginners

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[Lizzy-fp]

Hi Jenn, I started following our contact early or mid 2023 and I was inspired to build my emergency fund. My goal was to R30000 which I reached by end of Nov, I was so proud of myself

Jan this year I decided to now pay off my debts only to find out that my total debts was R86k😢😢😢. I then decided to use that R30k and worked on R56k of debt.

The good news are, I paid off my last debt last month. I'm currently debt free and have R400 in my emergency fund 🎉🎉

[Kazi]

By December I want to have 10k on my emergency fund, so far I have 5k and I am happy with the progress

[Sheilzdarlingz]

I managed to settle two of my debt, budgeting no longer a problem, by end of August I'll have at least R18000 on my emergency fund

[NonkonzoMnqaba]

My Goal was to pay all my Debts this month is my last month so proud of myself...but I'm in Debt zabomashonisa so next month i will start to tackle them 1by1 by the end of this year i want to be debt free completely. its not easy as a single parent with an average salary but then step by step kuzolunga .

[wisaniastatia]

I was very depressed at the beginning of the year l, I was hopeless and I had lot of sleeplessness due to financial problems but after following your content, I managed to pay all my debts so far and now I'm debt free.by the end of 2024 will be end of debts and start afresh next year. Thank you so much

[amandangxashala]

Here with my note book, tjoo 100K is what I want to save to buy a second hand car ❤

[kedumetsemanguba]

Im paying off my credit card two months left...august and September ❤...and my goal is to save 11k by the nd of the year and im half way there❤🎉

[thatok]

My goal is to buy a stand and build without having to go into too much debt. I started working at the end of 2020, I used the whole of 2021 to save so I can extend and put tile roofing at home since it was leaking very badly. I did that in the beginning 2022 and exhausted all the savings. I started saving again and in 2023, I put in kitchen units, wall units, tiled the floors and 2 bathrooms and then held a big 60th birthday party for my mum. I did that with half of the savings and was left with 100k. I continued adding on the 100k and I am now at R190k. I do have some credit card debt which I used when I did my Wedding in April because I did not wanna break the saving. The plan is to pay off the credit card by February and continue on the savings until I have 500k for my own house

[VumileCebekhulu]

This yr I’m happy that im just paying off my 2 major debt, I have learned to calm down

[Lonwabo_Sweets]

I must say your content is so inspiring. This year my intention is to fight to get my financial freedom, by paying my debts and be in a space where I get paid and don’t have to worry about my money being taken by debt. 2025 will be the year where I wanna gift myself with my first car and so I am definitely signing up for Frank to save towards either a deposit or towards the car…

I feel I am 50% towards paying off my debts and it feel so good to get this far🎉

[linnangu]

I had completely neglected my Franc App!! Let me get on that!! That emergency fund is looking healthy!!!

[euginia_mathapelo]

I also have this nudge inside of me to save R100k ~ The day I hit that goal Imma celebrate indeed🙏🙏🙏

[veemafunda]

I have managed to pay off my beauty products contract way before time which gave me more money to spread towards my savings.
I have achieved my Solution Fund target goal.
I am still working towards achieving my emergency goal which is also with Franc Group.
Thank you Jen.❤

[queenbndobe]

Hi Jen, my goal this year was to save funds to buy a car cash in the next year and I have been consistent since the beginning of the year. It has not been easy but you have been my secret accountability partner. Watching you achieve your financial goals gives me hope to keep pressing on 🏃

[OlgarVMotaung]

Wow Jenn...inspirational as always. Since I started watching your videos in Jan I set goals to close off my accounts.i hoped that by June I would be done but I had a fall back I managed to close my edgars account of 9000 I am left with 4000 to closing off my 12k capitec credit card im left with 6k from finishing off my telkom phone account. I've never been so happy with my finances and my growth. I know its now August but even if I finish them all before the end of the year I will be celebrating myself indeed. Also peer pressure that causes financial stress on me it's a thing of the past.i have a franc account hoping to start investing for my 2year old daughter. I'm happy thanks for your enlightenment ❤

[ThabisoRatlou]

Ninga khohlwa uku buka ama-ads kuyaphuthuma 😃.

[lebonemashego]

Your financial wisdom is on another level. I feel blessed to be part of this community.

[mabauer]

Franc my happy home❤.... I managed to save for my daughters graduation celebration last year. This year I decided to save for my birthday celebration.... Goal 2 achieved with the Franc Thanks to the ability to have 2 goals on the app.... One I am using for my situational savings as advised and inspired by you my darling and the 2nd portion is for my emergency fund🎉🎉🎉🎉🎉.. Thanks Jen and Franc group you are the GOAT❤

[malintlemathatjane]

Thank you Nana❤
"If Jenn can do it I also can do it"
This ignited a light within me not to give up 🌹

[BABSYMOKOENA]

Hi Jenn I feel Rich already I have managed to clean a lot of my debts. I have also notice that my credit score looks Good but I am not going back to create debts.You taught me that this time we Save and Invest. 🎉🎉🎉