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  • FIRST POST
    • patman99
    • By patman99 3rd Oct 14, 10:35 PM
    • 8,025Posts
    • 9,448Thanks
    patman99
    The 1,000 emergency fund challenge.
    • #1
    • 3rd Oct 14, 10:35 PM
    The 1,000 emergency fund challenge. 3rd Oct 14 at 10:35 PM
    For the idea for this after listerning to the 'Dave Ramsey Show'.

    The idea is to accumulate an emergency fund of 1,000 sitting in a Bank account just in case of emergencies.

    You must not leave yourself short in order to reach your goal.

    Members-
    #1 Patman99 .................................................. ..#2 Hummingbird
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    #9 Calling14 .................................................. .#10 Aloofdragon
    #11 Eyebright .................................................. #12 Chrisfreelander54
    #13 DreamerHelen ........................................#14 mobo1980
    #15 sunshinegirl66 .........................................#16 MrsSave
    #17 rosieben .................................................# 18 peony40
    #19 Buffythedebtslayer .................................#20 October Starter
    #21 monz .................................................. .....#22 georgiebrown0
    #23 Jubilee76 ................................................#2 4 Debt Free Desires
    #25 abundant1972 ..........................................#26 Toomuchtodo
    #27 I-need-to-be-debtfree ............................#28 WantToBeSe
    #29 Bobarella ................................................#3 0 Muser1
    #31 twiggy86 ................................................#3 2 laurababs
    #33 Roundthebend .......................................#34 Kermit2601
    #35 StressedSteph ........................................#36 YoungBusinessman
    #37 redlaces .................................................# 38 stiltoncheese
    #39 Magsnoodle ...........................................#40 MessyBetty
    #41 ruby_eskimo ..........................................#42 IrishRose12
    #43 carbootcrazy ..........................................#44 Simply_Saving
    #45 Dobbibill ...............................................#46 grassgirl
    #47 Ms.Dita .................................................# 48 On my way
    #49 CountingPennies ................................#50 Tilly MFW in 6 YRS
    #51 Hoipolloi ...............................................#52 pozza_73
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    #59 Vkz .................................................. ......#60 Ep007
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    #69 R2B .................................................. ......#70 Toomuchdebt
    #71 Mbizi .................................................. ...#72 littleangels3
    #73 dida80 .................................................. .#74 Harleyquinn
    #75 BabyBetty ..............................................#76 Sallybunny
    #77 Meezel ...............................................#78 rising from the ashes
    #79 newpennypincher ................................#80 damondash
    #81 Jonesy88 ..............................................#82 clumsychaos
    #83 MrCrimeFiction ...................................#84 MrsR68
    #85 29Found ..............................................#86 Kelxx
    #87 January2015 ........................................#88 Jacko_amz
    #89 Kayalana99 ..........................................#90 Andyfromotley
    #91 Jon81 .................................................. ..#92 astrid35
    #93 LullaBelle .............................................#94 BuildingBricksOfGold
    #95 Hadalbm ...............................................#96 Meatloaf1981
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    #99 *DramaQueen* ...................................#100 eveie189
    #101 Casper123 ..........................................#102 Lazer-zxr
    #103 DeafLeopard ......................................#104 nicing
    #105 joee .................................................. ..#106 Mrs Toast
    #107 RaspberryJiuce .................................#108 takingcontrolatlast
    #109 parsniphead .......................................#110 NoLifeWithoutYou
    #111 PollyPrissypants ................................#112 amber03
    #113 teeni .................................................. .#114 bogbrsh250
    #115 thegreenone .......................................#116 inamin
    #117 Hope78 ..............................................#118 Bored
    #119 King_Slayer .......................................#120 BettyBoof
    #121 Cat Girl ..............................................#122 Triangle
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    #125 nows the time ....................................#126 milky1991
    #127 Lina T ................................................#1 28 sugar123
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    #143 The Only Girl .....................................#144 nellis10
    #145 Swash .................................................# 146 Justforme
    #147 crv1963 ...............................................#14 8 mossy
    #149 Ellieseleven ........................................#150 bilbodreams
    #151 Claire1a ..............................................#152 mrs motivated
    #153 fairyclicks ..........................................#154 12 month challenge
    #155 chasingdreams ...................................#156 lexbubbles
    #157 Moonbean ......................#158 MadCoderWhatCodesAtMidnig
    #159 rylee12 ...............................................#16 0 JHiggins91
    #161 Dandytf ..............................................#162 5erge
    #163 nextyeartina ........................................#164 sarahm0rris
    #165 NeedToBeDebtFree ............................#166 moneytree1
    #167 strandedinaber .....................................#168 Heartland
    #169 Cutcostsandsave ..................................#170 Kim_13
    #171 PinkWhisk ..........................................#172 debbie_debt
    #173 Jo3y83 .......................................#174 Havecourageandbekind
    #175 Effyb4 .................................................# 176 Monks
    #177 doingitanyway ....................................#178 lcc86
    #179 Positivelypunked ...............................#180 evuka
    #181 BelleBelles19 ..................................#182 little library lady
    #183 Anna-marie3363 ............................#184 Meezel
    #185 LABMUM ........................................ #186 -Selene
    #187 PositiveBalance ..............................#188 Grandad's Offspring
    #189 Kimplus8 ........................................#190 Hanliam
    #191 Chazz.Collins .................................#192 TrushTush
    #193 swimminginaseaofdebt .....................#194 BlackFrosting
    #195 evo5819 ...........................................#196 Hermionesaver
    #197 cheesedoffwithdebt ........................#198 PennyJar
    #199 Julie67 ...............................................#20 0 Angelicious
    #201 Pinkwhisk .....................................#202 tibbles209
    #203 Lauralozzle ..................................#204 ButterflyBee
    #205 Smolly .........................................#206 Dobs
    #207 Treasurequeen ..............................#208 ab_saver
    #209 BeTheChange ..............................#210 Anita55
    #211 primalmother ................................#212 Kawaii corgi
    #213 Thora ...........................................#214 PoorGuyNextDoor
    #215 2sonmum ....................................#216 theresamum2
    #217 luvabargain ................................#218 missy83
    #219 willkeepontrying ......................#220 mumto2girlsandaboy
    #221 Bluelala ........................................#222 LianneH
    #223 Treasurequeen ..............................#224 Whoknowskt89
    #225 Foxyloxy11 .................................#226 Bird.Heart.Mouse
    #227 Stb ...............................................#22 8 Macey1510
    #229 Dreamtruce ..............................#230 IndigoWarrior
    #231 ploppy57 ....................................#232 Claremylove
    #233 foxyloxy11 ...................................#234 Muser1
    #235 XSpender .....................................#236 PlaysNicely
    #237 DancingUnicorn ..............................#238 thoragunnr
    #239 Jessop64 .........................................#240 quintwins
    #241 Mummy_bear .................................#242 BachFlower
    #243 mixmir ...........................................#244 Moneybutterfly
    #245 catralense ......................................#246 Narola1976
    #247 Farmeress ......................................#248 Billy12345

    This list is correct as of 19/1/17.
    Last edited by patman99; 02-09-2017 at 6:18 PM. Reason: List got 'lost'.
    Never Knowingly Understood.

    Member #1 of 1,000 challenge - 244/ 1000 (that's 24.4%)

    3-6 month EF 240.61/3600 (that's 4 days worth)

    Do you/your spouse earn less than 197 p/w ?. Fill-in Form R85 and get your Bank interest Tax free.
Page 131
    • Dobbibill
    • By Dobbibill 1st Sep 17, 9:31 AM
    • 2,282 Posts
    • 3,411 Thanks
    Dobbibill
    Unless 3 people join this challenge today then my prediction was wrong for 250 members - although I'm sure it won't be long before we reach that number.

    A big welcome to all new comers

    #45 update of my usual SO moving over - new total is 800 aka 80%.

    Keep on keeping on everyone.

    Dobbi
    I'm a Board Guide on the Energy, Student Money Saving, UK Armed Forces and
    Local Money Saving - Wales boards. I'm a volunteer to help the boards run smoothly, and I can move and merge posts there.
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.


    A person who never made a mistake, never tried anything new.
    • Billy12345
    • By Billy12345 1st Sep 17, 10:38 AM
    • 54 Posts
    • 79 Thanks
    Billy12345
    Hi all

    Can I join. I have 100 to start my emergency fund with.
    LBM August 2016 = 59k AUG 2017 = 12% PAID

    Sainsburys loan Default Tesco CC Default Barclaycard CC Default Santander OD Default Santander Loan Default Capital One Default
    Santander CC not yet Ratesetter loan not yet
    • patman99
    • By patman99 2nd Sep 17, 6:20 PM
    • 8,025 Posts
    • 9,448 Thanks
    patman99
    Welcome Billy12345. You are #248.

    Dobbibill, looks like your prediction was wrong.
    Never Knowingly Understood.

    Member #1 of 1,000 challenge - 244/ 1000 (that's 24.4%)

    3-6 month EF 240.61/3600 (that's 4 days worth)

    Do you/your spouse earn less than 197 p/w ?. Fill-in Form R85 and get your Bank interest Tax free.
    • Dobbibill
    • By Dobbibill 2nd Sep 17, 7:05 PM
    • 2,282 Posts
    • 3,411 Thanks
    Dobbibill

    Dobbibill, looks like your prediction was wrong.
    Originally posted by patman99
    We were close...just not close enough

    I'm sure it won't be long
    I'm a Board Guide on the Energy, Student Money Saving, UK Armed Forces and
    Local Money Saving - Wales boards. I'm a volunteer to help the boards run smoothly, and I can move and merge posts there.
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.


    A person who never made a mistake, never tried anything new.
    • foxyloxy11
    • By foxyloxy11 2nd Sep 17, 7:14 PM
    • 220 Posts
    • 1,198 Thanks
    foxyloxy11
    Just updated my total. I hate having oddments at the end so will rectify that by the end of the week. I'm hoping by mid October to have my full emergency fund. Fingers, toes and everything crossed
    365 day penny challenge - 126.00/667.95
    1000 Emergency fund challenge #225 - 120.00/1000 Stage 1
    • Mummy_bear
    • By Mummy_bear 3rd Sep 17, 6:07 AM
    • 202 Posts
    • 798 Thanks
    Mummy_bear
    #241 checking in

    Well when I joined the challenge end of July I had 124 in my EF. Then an Emergency happend (bedroom ceiling fell down...no joke) therefore it was wiped out.

    Anyway worked hard at building it back up and it's now at 170, hope to reach 600 by the end of the year if nothing else crops up
    Last edited by Mummy_bear; 03-09-2017 at 6:17 AM.
    My LBM May 2017, DH LBM July 2017- Total Debt (not Including Mortgage) 37139.86
    4434.13/37139.86 11.93% paid
    Estimated DFD JUNE 2020 (calculated July 2017)
    Debt Free by Christmas Challenge
    Total cleared 2823.49/9091.72 31% paid
    • carbootcrazy
    • By carbootcrazy 3rd Sep 17, 3:16 PM
    • 4,076 Posts
    • 22,873 Thanks
    carbootcrazy
    Well done to everyone who has added to their funds


    Well, my last post where I feared that expensive vet fees might be called for was unfounded as the pesky cat made a miraculous recovery without any trip to the vet needed. . He worries me for nothing sometimes


    Phew! My EF remains intact and awaits the next 'emergency' which might be more real, and expensive than the cat false alarm
    Make 10 A Day Challenge 2017. Jan-Aug: 4112.05 Sept: 124.86
    3-6 Months Emergency Fund Challenge #12: 3733.00/5000.

    Original Debt: 56804 (@ LBM 02/13). Balance now: 15841
    . Getting there
    • foxyloxy11
    • By foxyloxy11 3rd Sep 17, 7:23 PM
    • 220 Posts
    • 1,198 Thanks
    foxyloxy11
    tided up my total so it was a nice round amount. Now sitting at 630
    365 day penny challenge - 126.00/667.95
    1000 Emergency fund challenge #225 - 120.00/1000 Stage 1
    • amber03
    • By amber03 4th Sep 17, 9:12 PM
    • 784 Posts
    • 4,564 Thanks
    amber03
    No.112 quick update, managed to keep adding abit at a time and total now stands at 106.25. Slowly but surely does it.x
    Debtfree and and staying that way.
    1000 Emergency fund No.112 106.25


    WOMBLER 2017 NO. 5 7.20
    • foxyloxy11
    • By foxyloxy11 5th Sep 17, 8:05 PM
    • 220 Posts
    • 1,198 Thanks
    foxyloxy11
    No.225 - added some more plus tidy up of oddments now at 680
    365 day penny challenge - 126.00/667.95
    1000 Emergency fund challenge #225 - 120.00/1000 Stage 1
    • patman99
    • By patman99 5th Sep 17, 10:22 PM
    • 8,025 Posts
    • 9,448 Thanks
    patman99
    CBC, have you read 'A street cat named Bob' ?. My nephew's fianc! lent my mum a copy and even though I am not much of a reader, I am engrossed by it.

    Animals can be worrying at times.
    Never Knowingly Understood.

    Member #1 of 1,000 challenge - 244/ 1000 (that's 24.4%)

    3-6 month EF 240.61/3600 (that's 4 days worth)

    Do you/your spouse earn less than 197 p/w ?. Fill-in Form R85 and get your Bank interest Tax free.
    • carbootcrazy
    • By carbootcrazy 6th Sep 17, 9:03 AM
    • 4,076 Posts
    • 22,873 Thanks
    carbootcrazy
    CBC, have you read 'A street cat named Bob' ?. My nephew's fianc! lent my mum a copy and even though I am not much of a reader, I am engrossed by it.

    Animals can be worrying at times.
    Originally posted by patman99
    I'm an avid reader, never happy unless I've got a book on the go. I haven't read that one although I saw Bob and his owner being interviewed on Breakfast TV a while back, Well, the owner was doing all the talking but Bob was sitting there looking as if he was taking it all in. What a lovely story! They've made a film of the book too but I haven't seen it.

    I hope your enjoyment of this book has got you into the reading habit, patman. It's the best hobby ever, you don't know what you're missing.
    Make 10 A Day Challenge 2017. Jan-Aug: 4112.05 Sept: 124.86
    3-6 Months Emergency Fund Challenge #12: 3733.00/5000.

    Original Debt: 56804 (@ LBM 02/13). Balance now: 15841
    . Getting there
    • foxyloxy11
    • By foxyloxy11 9th Sep 17, 9:09 AM
    • 220 Posts
    • 1,198 Thanks
    foxyloxy11
    transferred some more so now up to 740....Feeling good
    Keep going everyone!!
    365 day penny challenge - 126.00/667.95
    1000 Emergency fund challenge #225 - 120.00/1000 Stage 1
    • patman99
    • By patman99 9th Sep 17, 12:35 PM
    • 8,025 Posts
    • 9,448 Thanks
    patman99
    Got a nice surprise in yesterday's post. I have a nice Tax rebate to come.

    That should pay for my car to be serviced.
    Never Knowingly Understood.

    Member #1 of 1,000 challenge - 244/ 1000 (that's 24.4%)

    3-6 month EF 240.61/3600 (that's 4 days worth)

    Do you/your spouse earn less than 197 p/w ?. Fill-in Form R85 and get your Bank interest Tax free.
    • thoragunnr
    • By thoragunnr 9th Sep 17, 1:58 PM
    • 49 Posts
    • 46 Thanks
    thoragunnr
    I have 7.00 In my emergency funds. I have set up a standing order to put 7 In this account each week. It officially happens next Thursday but I did manually transfer 7 into the account.

    Its hard for me to put a lump sum into my account due to different wages each month so I thought I wouldn't miss 1 each day . I will put more in as and when I have spare money or when I can.

    I'm focusing more on putting away for a help to buy account - my boyfriend has a lot of money if I need to use it for house emergency so I'm not too concerned .
    #238 1000 ef; 14.00/1,000 H2B; 120.00 BLS:10.88/15,000
    Retirement: 4.86 New Home FundJar: 5.83p VOSS Jar 0.00
    • carbootcrazy
    • By carbootcrazy 9th Sep 17, 2:20 PM
    • 4,076 Posts
    • 22,873 Thanks
    carbootcrazy
    Got a nice surprise in yesterday's post. I have a nice Tax rebate to come.

    That should pay for my car to be serviced.
    Originally posted by patman99
    Always nice to receive something from the Taxman


    I hope you'll have enough to use a little of it for a small treat for you and Mrs P
    Make 10 A Day Challenge 2017. Jan-Aug: 4112.05 Sept: 124.86
    3-6 Months Emergency Fund Challenge #12: 3733.00/5000.

    Original Debt: 56804 (@ LBM 02/13). Balance now: 15841
    . Getting there
    • patman99
    • By patman99 9th Sep 17, 9:12 PM
    • 8,025 Posts
    • 9,448 Thanks
    patman99
    Think I will be spending some on wood to make a false wall to go behind the new loo I fitted today. The new loo is a standard closed coupled unit, whilst the old one was an off-set closed coupled one. I had to place a couple of Packers behind the cistern to make up the 90mm gap.
    Never Knowingly Understood.

    Member #1 of 1,000 challenge - 244/ 1000 (that's 24.4%)

    3-6 month EF 240.61/3600 (that's 4 days worth)

    Do you/your spouse earn less than 197 p/w ?. Fill-in Form R85 and get your Bank interest Tax free.
    • Lynz90
    • By Lynz90 11th Sep 17, 9:22 PM
    • 3 Posts
    • 5 Thanks
    Lynz90
    Hi everyone!
    Can I join this challenge? I'm doing the 52week Money challenge where you increase your savings by 1 increments each week for one year and save 1378 as a way of building an emergency fund. And I currently have 3.00 in my savings account to start me off.
    • datlex
    • By datlex 11th Sep 17, 10:09 PM
    • 1,313 Posts
    • 1,093 Thanks
    datlex
    Hi everyone!
    Can I join this challenge? I'm doing the 52week Money challenge where you increase your savings by 1 increments each week for one year and save 1378 as a way of building an emergency fund. And I currently have 3.00 in my savings account to start me off.
    Originally posted by Lynz90
    The 52 week money challenge is a great way of building savings. I did this in previous years. It helped me get debt free and I now have over 4000 in savings. For years I had nothing. The idea of an emergency fund was very far fetched. Yet now I know it is achievable.
    • Lynz90
    • By Lynz90 12th Sep 17, 9:23 AM
    • 3 Posts
    • 5 Thanks
    Lynz90
    That's amazing!
    I'm also getting the kids to do the 365day penny challenge.
    So hopefully my 1378 with 668 x2 we will have 2714 come this time next year!
    May have thrown myself in at the deep end though! Haha
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