The £1,000 emergency fund challenge.

[Deleted User]

Another :hello: from me, sugar.

It's just as Dobbibill said, there is no time limit with this challenge. In fact some members would maybe have hit their £1000 by now but have had to keep raiding their 'pot' to pay for the very emergencies that it's meant to cover. I know I have ( dratted car:mad:).

Good Luck:beer:

DreamerHelen

Hi There, I haven't Posted in AGES....I have been struggling to put anything away for Emergencies in recent months...


BUT I'm pleased to say that I have now put away £10 for Emergencies...I am trying to put £5 each Week (I get paid Weekly) into my Savings Account....I know it's not much each Week but I'm hoping it will soon build up and it is there if I need it....


Eventually I am hoping to have 3 months worth of Salary in my Emergency Fund...but I'll start off with the £1000 to begin with!!


I always read this Thread and thank you all for your wonderful inspiring stories....

evo5819

I'd like to join please!

Been meaning to set up one of these emergency funds and this looks like the right place to do it! Great to have some support whilst doing it too.

patman99

Welcome to our 2 newest members. Your numbers are 122 & 123 respectively.

Am now fully-free of my last employer as this week, I received all the outstanding pay and holiday pay so my main account got a nice little boost.
My new job is monthly-paid, as the cut-off for hours is the 24th of the month, I will get 1 week's pay next week, then nothing for 4 weeks.
Good job I started this challenge or I would have no money left by the end of the month.

Stereochild

carbootcrazy wrote: »

Another :hello: from me, sugar.

In fact some members would maybe have hit their £1000 by now but have had to keep raiding their 'pot' to pay for the very emergencies that it's meant to cover. I know I have ( dratted car:mad:).

Good Luck:beer:

True carbootcrazy I have saved £1200 as my baby emergency fund and have often used some of it as an advance on my wage check. :)
But I repay the full amount as soon as I am paid, which is weekly.
Like DreamerHelen I mean to save up three months of wagers Patman99 suggested that I should start a 3 month Emergence Fund Thread. What do you all say?:)

[Deleted User]

Stereochild wrote: »

Patman99 suggested that I should start a 3 month Emergence Fund Thread. What do you all say?:)

Sounds like a very good idea, Stereochild:T

I'm not sure I'd be a very successful member of that one though, I'm having enough problems making my £1000:(. Would love to read of people's success though and I'd definitely be cheering you all on:j

*snow*white*

Hi everyone,

Would like to join please my emergency fund is £50 at the mo ha! but would really like to be building this up as well as making overpayments to bring debts down.

patman99

Welcome *snow*white*. You are our 124th member.

Just need 1 more to make it to 125.

Not a lot from me of late, other than to say I have been emptying my main account as my water bill, house insurance and TV license all came due before the end of July & I still have the car going in for repairs, so will have another bill to pay (luckily, the garage sends a bill through the post, so won't pay that until after Friday next week.

Back doing surveys again just to gain a few pennies to offset the change from weekly to monthly paid.

MrsSave

Managed to add another £73.28 to my emergency fund today. It now stands at £663.94.

milky1991

I've decided I'm going to make my emergency fund my priority as something always crops up and I never have the back up cash,so the that end I'm going all out to get to £1000. I'm currently at £36 which is £36 more than last month :j