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The £1,000 emergency fund challenge.
Comments
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Well done on all the saving and hello to the new members. :wave:
Pay day so have put £20 in to the fund. Could do with trying to up it to £50 a month but there are so many other things to pay for and save for!Saving for Disney again, oops why book one Disney holiday when you can book two!:starmod: Emergency Fund Savings - #148 - £10/£1000 1% :starmod::xmastree:#083 SPC6 £63 - SPC7 £90 - SPC8 £63 - SPC9 £54 - SPC10 £26 - SPC12 £70 :xmastree:0 -
Emerency fund now back up to £1,400DFW Nerd No. 1484 LBM 07/01/15 Debt was £95k :eek: Now debt free and happy :j0
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My monthly SO has gone out and topped up my car EF to £55 :j
Not much but I suppose not that bad when I only started it this monthSPC - #483 [banked £134.15] - :staradmin :staradmin gold stars from Sue-UU!
VSP - #33 [29.8%] | 3-6 Month EF - #41 [12.6%] | £1,000 EF - #186 [4%] | Save £6k in 2016 - #180 [24.6%]0 -
Effy, your son will gain a great deal of life experience doing the DofE.
One of our adult Leaders did the D of E up to the Diamond level (which i believe is the top one).
Anyway, car serviced today. Now just got to wait for the bill. Nothing major needed doing so that's a good thing.
Jobs for the week this week are to extent the slots in my 2nd-hand Thule roof bars so they fit my car. This is an easy job as have an angle grinder (or 3) and cutting discs so just a case of drilling the end hole then extending the slot up to it.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)0 -
Effy, your son will gain a great deal of life experience doing the DofE.
Jobs for the week this week are to extent the slots in my 2nd-hand Thule roof bars so they fit my car. This is an easy job as have an angle grinder (or 3) and cutting discs so just a case of drilling the end hole then extending the slot up to it.
I agree about the DofE, patman. Money well spent:T
I wish my OH was as handy as you, patman. You seem to be able to turn your hand to everything:j. You can come round here next please, I've a list a mile long of things that need fixing:(0 -
My mum already has a list of jobs that will take me and my brother months to get through.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)0 -
My mum already has a list of jobs that will take me and my brother months to get through.
Oh well, I won't be expecting you round here any time soon then:(
Will just have to keep nagging OH , although as he was obviously trained at the Frank Spencer school of DIY it might be less hassle if I try to learn how to do more of the jobs myself:rotfl:0 -
Managed to save £700 in my EF but decided that this should go towards paying off my CC early. From next month I will be starting again from 0%No longer Debt free
EF - £525.27/£1000 New York £0/£1500
SCC- £3000 SL overpayment £2500 M+D - £40000 -
Borrowed from my EF it now stands at 247.88 to clear my credit card - interest free period runs out 1st June. Will try to get the balance back up in few weeks time.
Thanks Patman.LBM 13039 1.1.13 Now £0 Finally Debt FreeMortgage free Oct 2019:)EFund/savings £25000 10/11/220 -
#45 checking in with the usual monthly update.
SO went over today [due on 22nd but it was a weekend] and I've reached my target. £1000 EF done :dance: :dance: :dance: :dance: :dance:
I'm going to stick around if that's ok. I'm going to keep topping it up so that there is a buffer to go with it and also to encourage everyone else along the way too.
A big thank you to Patman for setting this up, it really has helped the journey.
Keep up the good work everyoneI’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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