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  • FIRST POST
    • patman99
    • By patman99 3rd Oct 14, 10:35 PM
    • 8,118Posts
    • 9,542Thanks
    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
    #3 GaLa15 .................................................. .....#4 Trixibell
    #5 Making_The_Best_of_it ............................#6 Dolly Rocker
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    #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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    #55 kdalwayskint ........................................#56 So Very Confused
    #57 marleyboy .............................................#58 bmma
    #59 Vkz .................................................. ......#60 Ep007
    #61 sophieo16 ...............................................#62 tinks112
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    #65 Nicki_Sue ...............................................#66 Inthedoghouse
    #67 Depth of field .........................................#68 happybunny86
    #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
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    #83 MrCrimeFiction ...................................#84 MrsR68
    #85 29Found ..............................................#86 Kelxx
    #87 January2015 ........................................#88 Jacko_amz
    #89 Kayalana99 ..........................................#90 Andyfromotley
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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
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    #111 PollyPrissypants ................................#112 amber03
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    #127 Lina T ................................................#1 28 sugar123
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    #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
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    #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
    #249. Cozicup ...........................................#250 SamSam17
    #251 ej22 ................................................#2 52 Nicnak
    #253. Florence J .......,............................#254 Arrietty
    #255 IrisViolet ........................................#256 lcc86
    #257 Adventureofmemories ..................#258 Missymae0
    #259 Moneyx3 ...........................................#260 itslulu
    This list is correct as of 19/1/17.
    Last edited by patman99; 10-12-2017 at 9:24 PM. Reason: List got 'lost'.
    Never Knowingly Understood.

    Member #1 of 1,000 challenge - 759.94/ 1000 (that's 75.49%)

    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 135
    • foxyloxy11
    • By foxyloxy11 18th Nov 17, 4:58 PM
    • 236 Posts
    • 1,283 Thanks
    foxyloxy11
    update....up to 700 now...treading water a bit with xmas but that's fine as it's been paid for with cash
    1000 Emergency fund challenge #225 - 720.00.00/1000 Baby Step 1
    Debt free day October 2019 - End of Baby Step 2
    • patman99
    • By patman99 18th Nov 17, 6:39 PM
    • 8,118 Posts
    • 9,542 Thanks
    patman99
    Got round to updating my signature.

    Welcome back CBC. Hope your luck changes.
    Never Knowingly Understood.

    Member #1 of 1,000 challenge - 759.94/ 1000 (that's 75.49%)

    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.
    • LittleMissDetermined
    • By LittleMissDetermined 20th Nov 17, 8:59 AM
    • 1,823 Posts
    • 7,627 Thanks
    LittleMissDetermined
    Added a bit more to the fund which now stands at 1285

    LMD x
    Target Debt Free Day 27th Jun 2019
    Life gets in the way...PADding is addictive... Saving's better than spending...

    1000 EF Challenge #142 1285/1000 ... 3-6Mth Wages Challenge #4 4100/7129...
    24 months of Debt-busting to go...
    • Nicnak
    • By Nicnak 26th Nov 17, 5:42 PM
    • 544 Posts
    • 2,695 Thanks
    Nicnak
    #252 yo to 490
    September 6th 2017 start Updated 25th NOV 17
    Credit Card 430 now: 1181 Tesco Loan 7500 = 6700 Car loan 17,500 = 9,875 Total = 25,330 17,756 EMF #252
    Sealed pot challenge #589
    Pay off all your debts by Christmas #170
    • amber03
    • By amber03 26th Nov 17, 9:26 PM
    • 798 Posts
    • 4,716 Thanks
    amber03
    Not managed to do much with my EF for ages due to one thing and another. Going on holiday tomorrow back Friday ,then will knuckle down and get saving. Already done to orders that have been sent off to M@gic m@p;e for unwanted dvds . Money will go straight into my fund. Looking forward to the challenge again.xx
    Debtfree and and staying that way.
    1000 Emergency fund No.112 310
    • patman99
    • By patman99 27th Nov 17, 5:34 PM
    • 8,118 Posts
    • 9,542 Thanks
    patman99
    Well done all. I have got Xmas covered without having to go anywhere near my EF.

    Next big bill will be my car. The timing belt is due next year and the horn needs replacing. Looking at around 1k in total. Worth it though as the first item is a service item and is due.
    Never Knowingly Understood.

    Member #1 of 1,000 challenge - 759.94/ 1000 (that's 75.49%)

    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.
    • lcc86
    • By lcc86 1st Dec 17, 8:26 AM
    • 911 Posts
    • 2,390 Thanks
    lcc86
    Added 70 to my emergency fund as I got paid, current total is 667.50. I was doing the 365 day challenge (although the thread seems to have died a death) so the aim was to get to 645 this year, I've beaten that slightly. I won't be able to add any more this year, but the next target is to get it to 1,000 as soon as possible next year!
    1/12/14 total 9,140 DFD 30/01/17
    http://forums.moneysavingexpert.com/showthread.php?t=5124473 - my original DFD

    25/08/17 new total 802 back in debt but determined clear it by February 2018! 28/11/17 - 132 667/1,000 emergency fund 640 saved for household jobs
    • patman99
    • By patman99 2nd Dec 17, 8:11 PM
    • 8,118 Posts
    • 9,542 Thanks
    patman99
    Looks like EF might be taking a bit of a bit. Told my boss what I thought of his attitude and he decided to dispense with my services. So, in the last 3 months that makes 4 members of staff let go (including 2 managers) and brings the total who have either been fired or who have quit to 10 in the last 10 months.

    Still, might have a whiff of another job at a previous firm.
    Never Knowingly Understood.

    Member #1 of 1,000 challenge - 759.94/ 1000 (that's 75.49%)

    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 Dec 17, 9:45 PM
    • 2,544 Posts
    • 3,633 Thanks
    Dobbibill
    Good luck with the job hunting Patman.

    #45 update - Usual SO has gone over for me so new total is 950.00 aka 95%.

    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.
    • amber03
    • By amber03 2nd Dec 17, 11:08 PM
    • 798 Posts
    • 4,716 Thanks
    amber03
    Back from holiday where I have been very good money wise. Put the money I have brought back into my EF. No. 112 now stands at 310.43. Would like to hit the 400 by the end of the month.
    Debtfree and and staying that way.
    1000 Emergency fund No.112 310
    • carbootcrazy
    • By carbootcrazy 3rd Dec 17, 7:51 AM
    • 4,158 Posts
    • 23,317 Thanks
    carbootcrazy
    Looks like EF might be taking a bit of a bit. Told my boss what I thought of his attitude and he decided to dispense with my services. So, in the last 3 months that makes 4 members of staff let go (including 2 managers) and brings the total who have either been fired or who have quit to 10 in the last 10 months.

    Still, might have a whiff of another job at a previous firm.
    Originally posted by patman99
    Sorry not posted for ages but have tried to keep up with reading everyone's posts.

    Bad news about the job situation, patman, especially at the most expensive time of year, but knowing you it won't be long before you find something else. I'm also rooting for you possibly setting up on your own as you mentioned in a previous post. With your skills you'd be very much in demand. Whatever happens on the work front, good luck


    Incidentally, sounds as if your last boss was a nightmare, you're well out of it IMO. As there were so many employees leaving for various reasons it sounds as if there's something seriously wrong. Grounds for a tribunal maybe?????
    Make 10 A Day Challenge 2017. Jan-Oct: 4500 ish
    Signing off for 2017, already smashed my year's target
    3-6 Months Emergency Fund Challenge #12: 3733.00/5000.

    Original Debt: 56804 (@ LBM 02/13). Balance now: 12411
    . Getting there.
    • foxyloxy11
    • By foxyloxy11 3rd Dec 17, 9:10 AM
    • 236 Posts
    • 1,283 Thanks
    foxyloxy11
    something wonderful round the corner PATMAN
    1000 Emergency fund challenge #225 - 720.00.00/1000 Baby Step 1
    Debt free day October 2019 - End of Baby Step 2
    • foxyloxy11
    • By foxyloxy11 3rd Dec 17, 9:12 AM
    • 236 Posts
    • 1,283 Thanks
    foxyloxy11
    oops Forgot...quick update...a little extra gone in so total at 720.00
    1000 Emergency fund challenge #225 - 720.00.00/1000 Baby Step 1
    Debt free day October 2019 - End of Baby Step 2
    • patman99
    • By patman99 3rd Dec 17, 12:39 PM
    • 8,118 Posts
    • 9,542 Thanks
    patman99
    The guy that owns the company has no people skills at all.
    He never says hello or good morning.

    A good example of his attitude is that all the workshops are unheated. One recent employee decided to bring a small heater in. The boss spotted it and decided to ban people from doing this, until he found out this would be illegal as he was not providing heating.
    Never Knowingly Understood.

    Member #1 of 1,000 challenge - 759.94/ 1000 (that's 75.49%)

    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.
    • Missymae0
    • By Missymae0 6th Dec 17, 1:43 PM
    • 60 Posts
    • 137 Thanks
    Missymae0
    Could I join in please?
    Hi,

    I would love to join in if I could please?

    I have never had savings of any kind and would love a buffer in times of need so I don't need credit cards.
    • Moneyx3
    • By Moneyx3 6th Dec 17, 8:08 PM
    • 12 Posts
    • 3 Thanks
    Moneyx3
    Could I please join in?
    Hi,

    Rates and water are paid DD over 10 months so instead of the money disappearing into thin air at the beginning of next year I will divert it into emergency fund. Be nice to have a cushion.
    Thank you.
    Money isn't everything!
    • patman99
    • By patman99 6th Dec 17, 9:17 PM
    • 8,118 Posts
    • 9,542 Thanks
    patman99
    Welcome Missymae0, you are our 258th member and Moneyx3 who is our 259th.
    Good news on the job front. I start back at a previous employer on Monday.
    Never Knowingly Understood.

    Member #1 of 1,000 challenge - 759.94/ 1000 (that's 75.49%)

    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.
    • adventureofmemories
    • By adventureofmemories 7th Dec 17, 8:18 PM
    • 75 Posts
    • 249 Thanks
    adventureofmemories
    Starting again. The last few months has been crazy and so had to use my funds luckily I didn't have that much.

    I am determined to keep my emergency fund free from me dipping into it.

    I've used a new way of budgeting and I think that is going to help loads.

    I have 100
    In the account .
    #2571000EFC 124.25/1,000 24.25 SPC#201(going towards my EF) #01H2B'18C 0.00/2,400
    • itslulu
    • By itslulu 7th Dec 17, 8:59 PM
    • 4 Posts
    • 14 Thanks
    itslulu
    can I join too really need a emergency fund as living month to month is not good
    Be debt free by Xmas 2018 = 0/15,600
    Save 12k by Xmas 2018= 0/12,000
    • Missymae0
    • By Missymae0 10th Dec 17, 3:22 PM
    • 60 Posts
    • 137 Thanks
    Missymae0
    Thanks Patman99

    Starting so close to Christmas may have been a bit ambitious but making a start by transferring 113 into my emergency fund account, hoping to add at least 20 a week
    Emergency fund 165/1000
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