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The £1,000 emergency fund challenge.

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Comments

  • DreamerHelen
    DreamerHelen Posts: 2,629 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    Hi There, unfortunately I had to use the little amount that I had in my £1000 Emergency Fund....So I'm starting back at Zero...

    Not to worry...I WILL get there.... xXx :)
  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Hi There, unfortunately I had to use the little amount that I had in my £1000 Emergency Fund....So I'm starting back at Zero...

    Not to worry...I WILL get there.... xXx :)

    You will get there Helen, you have the determination. :T we are all in it together. Imagine if you hadn't had the EF there to use, so well done for building the buffer initially.

    Keep on, keeping on at it :D

    Dobbi
    I’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

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  • patman99
    patman99 Posts: 8,532 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    Hi all. Labmum, you are member 185 and -Selene, you are 186.

    DH sorry to hear yo are back at £0 again.

    I must admit that I did a £200 tx out of my EF to cover any unexpected bills in the run-up to payday. This is now back were it belongs.

    25th Wedding anniversary fund is at £207.76, so only got to find another £200 to clear the balance. This might come from a few little cash-in-hand jobs if I am lucky.
    Never Knowingly Understood.

    Member #1 of £1,000 challenge - £13.74/ £1000 (that's 1.374%)

    3-6 month EF £0/£3600 (that's 0 days worth)

  • Meezel
    Meezel Posts: 33 Forumite
    Ninth Anniversary Combo Breaker
    Meezel, welcome to the challenge. Good Luck with your saving:beer:

    Why not come over and join us on the Make £10 a Day Challenge? Lots of brilliant ideas for making a bit extra (you don't have to make £10 a day:rotfl:), and a great bunch of friendly and supportive people. I love that thread and have been amazed at how much I've made some months. I'm constantly finding new ideas and ways to make a bit of extra cash.:j

    Here's the link:

    https://forums.moneysavingexpert.com/discussion/5454437

    By the way, the invitation isn't just for Meezel, everyone's welcome:beer:

    Hi

    Thank you, I will take a look in my lunch time.

    Only managed to add £2 today but that is better than nothing. I've now got in to a habit of rounding money down to the nearest £10 and transferring it over to my emergency fund.
    My fund is now at £283.60.
    Debt Free - Now time to look to the future! :T
  • Effyb4
    Effyb4 Posts: 258 Forumite
    I put £70 in the savings account today which takes me to #175 - £668/£1000
    £1000 Emergency Fund #175 - £598/£1000
    PAYDBX 16 #134 - £2139.00/£6961.85
    Roadkill Rebel #22 85p
  • Grabs39
    Grabs39 Posts: 364 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Just checked my payslips for the last few months and as of my payday next Friday I'll have £240 in the credit union. Nearly 1/4 of the way there! :D
  • LABMUM
    LABMUM Posts: 157 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Thank you for adding me. I moved £4.05 into the emergency fund so now have £69.55 saved up.
    EFC #185 - £510.00/£1000
    £2.00 Savers #95
    50p Savers Club #8
  • Meezel
    Meezel Posts: 33 Forumite
    Ninth Anniversary Combo Breaker
    Morning :j

    At the weekend my husband and I sat talking about how we need a new car and he would like a new telly (boys and their toys) plus he'd been thinking of saving for the future (I was very surprised :eek:) and he's not really happy on paying some of the car repairs on the credit card.. So I thought there's my cue to talk about money and what I have been doing :D

    Told him I had joined here, already started the EF and that I had already paid the MOT and service with cash not Credit Card and he was very impressed, plus the extra saving I had been doing on the side for a new TV (he's been on about this since Christmas so I new this topic would appear sooner or later!) Needless to say he wants all spare money to go in to the EF and continue to save for the TV. So I am happy :T

    My Emergency Fund is now at #184 £302.01

    x
    Debt Free - Now time to look to the future! :T
  • patman99
    patman99 Posts: 8,532 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    I want a new telly as well. Trouble is, the old one is still in full working order so won't get replaced until it breaks.

    Anyway Meezel, your dh is most welcome to come and join us. There are too few of us blokes in here.

    Spends since last being on are £50 for a car roof box and £72 for a set of roof bars to fix it too. I have a camping experience coming-up with 4 of us in 3 tents plus our kir. This will not all fit in the car, hence the expense.
    Never Knowingly Understood.

    Member #1 of £1,000 challenge - £13.74/ £1000 (that's 1.374%)

    3-6 month EF £0/£3600 (that's 0 days worth)

  • Effyb4
    Effyb4 Posts: 258 Forumite
    edited 20 May 2016 at 4:41PM
    I have had to use some of my savings for equipment for my son's Duke of Edinburgh award. I took out £100, but only spent £70 of it, so £30 is going back in the bank tomorrow. #175 - £598/£1000
    £1000 Emergency Fund #175 - £598/£1000
    PAYDBX 16 #134 - £2139.00/£6961.85
    Roadkill Rebel #22 85p
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