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The £1,000 emergency fund challenge.

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Comments

  • January2015
    January2015 Posts: 2,369 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker
    I love this group and the motivation it gives me to save for my EF. I now have a fantastic £1,750 saved for EF. I am going to strive to get £2k. I know that may sound a lot, but as a homeowner, if something major goes wrong that is not covered by house insurance, e.g. boiler, I feel we will be better placed to face the problem.

    So although the group title is £1k emergency fund challenge, can I still be a member if I aim for £2k ????
    DFW Nerd No. 1484 LBM 07/01/15 Debt was £95k :eek: Now debt free and happy :j
  • claire1a
    claire1a Posts: 106 Forumite
    Ninth Anniversary 100 Posts Combo Breaker
    small amounts added as i keep rounding down my accounts so I am now at £515.99!
    No longer Debt free
    EF - £525.27/£1000 New York £0/£1500
    SCC- £3000 SL overpayment £2500 M+D - £4000
  • claire1a
    claire1a Posts: 106 Forumite
    Ninth Anniversary 100 Posts Combo Breaker
    woop actually at £516.27!!!
    No longer Debt free
    EF - £525.27/£1000 New York £0/£1500
    SCC- £3000 SL overpayment £2500 M+D - £4000
  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    I love this group and the motivation it gives me to save for my EF. I now have a fantastic £1,750 saved for EF. I am going to strive to get £2k. I know that may sound a lot, but as a homeowner, if something major goes wrong that is not covered by house insurance, e.g. boiler, I feel we will be better placed to face the problem.

    So although the group title is £1k emergency fund challenge, can I still be a member if I aim for £2k ????

    Well done January2015, that's a brilliant EF.

    Of course you can stay, everyone is welcome. :j

    If you are looking for a new target or aim, you are also welcome to pop over to the 3-6 month EF thread and join us there too.

    Dobbi :D
    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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  • January2015
    January2015 Posts: 2,369 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker
    Dobbibill wrote: »
    Well done January2015, that's a brilliant EF.

    Of course you can stay, everyone is welcome. :j

    If you are looking for a new target or aim, you are also welcome to pop over to the 3-6 month EF thread and join us there too.

    Dobbi :D

    Thank you - I will do that :)
    DFW Nerd No. 1484 LBM 07/01/15 Debt was £95k :eek: Now debt free and happy :j
  • amber03
    amber03 Posts: 1,360 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    #112 popping in for an update, total now stands at £217.00. Will be glad when it is higher in case I have an emergency. Hopefully some more will be added this week.x
    :j Debtfree and and staying that way.:j3-6 month emergency fund, No.61 £140.00
  • patman99
    patman99 Posts: 8,532 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    Member #200 is ANGELICIOUS.
    Welcome to the challenge and good luck.

    Thought I might be having to clear my EF to replace ou washer/dryer as our son knocked on the bedroom door at 1 this morning to tell us that it was making a strange noise. MrsP. had a look and said the drum was not turning.

    Got in tonight, opened the door and gave the drum a spinn and it appeared to be free so am now doing a test wash and all seams to be working well.
    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)

  • Morning!

    My EF now stands at £641.88/£1000

    Have a good day

    LMD xx
    Life gets in the way...PADding is addictive...Saving's better than spending...
    2025 1p challenge #41 | Cash envelope challenge #01 | SPC #017
    Sealed pot 2025 £6573 | EF £1000/£1000 | Sabbatical £3364/£6000 | Travel savings £1508 | Sinking pots £2571
  • January2015
    January2015 Posts: 2,369 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker
    patman99 wrote: »
    Member #200 is ANGELICIOUS.
    Welcome to the challenge and good luck.

    Thought I might be having to clear my EF to replace ou washer/dryer as our son knocked on the bedroom door at 1 this morning to tell us that it was making a strange noise. MrsP. had a look and said the drum was not turning.

    Got in tonight, opened the door and gave the drum a spinn and it appeared to be free so am now doing a test wash and all seams to be working well.

    Hope that test wash went okay. If it was anythink like when my son uses our washing machine it was probably the rubbish left in the pockets tumbling round the drum and then getting stuck between the drum and the door seal (or something like that). Been there many times :(
    DFW Nerd No. 1484 LBM 07/01/15 Debt was £95k :eek: Now debt free and happy :j
  • Another one here seconding January's hopes that the test wash went OK for you, patman:T

    When my washing machine died the drum failed to turn at all, except maybe a fraction by hand, never as much as a quarter of the way round. It was making some very strange noises which couldn't have been anything trapped between the seal. I'm the only one who ever does any washing and check pockets etc very carefully in case OH has left any money in his;)
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