The £1,000 emergency fund challenge.

belleandthebudget

MrsSave wrote: »

My emergency fund is now at £984.72. :j So close to £1000!!!

Well done to you! I can only hope to be somewhere that close one day. And remember, it's not if you stay at £1000... as long as you top it back up after spending!

For my first EF update I have a grand total of £88.87/£1000 to report. I'm hoping to sock in around £80 a month but will also be trying to top it up with account skims and anything extra I can make or save.

MrsSave

I know, they are. You'd never guess that I'm in my 30's, married with a child :rotfl:

Yay for staying I actually really like this thread! There's not many I comment on here, this is one of the few........everyone is nice I'd seen a comment about the 3 month wages one, and had a look for it under challenges but couldn't find anything so assume it hasn't been started up.

patman99

A big welcome to our 2 newest members who will find their #'s in post #1.

Just checked on my ZOPA account and it's growing nicely, so added another £50 to it. This means I have invested a total of £150, but have withdrawn £40 so have £110 being recycled through the social lending circle.

MrsSave

:dance:_party_

I've done it!! With a little help from HMRC! :j::beer:

The tax return I've been waiting a couple of weeks for appeared in my account over night! Woohoo!! :T

I did spend some of it though

£272 was refunded. I then went to Aldi and completely stocked up our freezer and alcohol cupboard! I bought things that have totally run out but wouldn't usually buy unless it's Christmas as it doesn't fit within my budget. I didn't realise it was possible to spend that much in Aldi :eek: I also got a couple of things from Tesco.

The left overs went straight into the emergency fund. My emergency fund is now at:

£1119.58

I'm so chuffed. I'm still wanting to build it up a little before overpaying the loan, so will be still posting here and my current target before overpaying is £2000. :j

[Deleted User]

MrsSave, that's absolutely wonderful:T. I couldn't be happier for you. Well done on all your effort to get this far.
:beer::j_party_:dance:

Now for the next £1000, eh? Onward and upward:beer:

patman99

Well done MrsSave. I had to chase-up HMRC with regards to my Tax refund. This will now be heading my way mid-September.

belleandthebudget

Thanks patman99, excited to be here!

I shuffled a few pennies over in online banking so total for #126 is now £89.82!

DeafLeopard

I've finally opened another account for my emergency savings.
My total is in my signature & next month I will set up a direct debit to transfer money into it so
I'm not worrying about putting money in

*snow*white*

Yay Mrs Save have just logged on after being out of action with rotten cold this week. Lovely to see your good news.

Well no more into the ef until end of month probably but I am pleased to report that me being ill was not declared a cook emergency and that hubby and son made their own dinners and did not resort to takeaway for teas :T.

patman99

Just spent the last 2 hours bringing my YNAB up to date.
Didn't realise that I hadn't updated it since mid-March.