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The £1,000 emergency fund challenge.

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Comments

  • Julie67
    Julie67 Posts: 2,362 Forumite
    1,000 Posts Combo Breaker
    Thanks for the add Patman, I shall add my number into my signature.
    not been able to post this weekend as we've been away in the Cotswolds and no wifi.
    Can I update our EF to a measly £20. at least it's a start
    have a good evening all
    Started Self Managed DMP 10th May 2017.
    Working hard to get rid of our debt.
  • patman99
    patman99 Posts: 8,532 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    Washing machine works (sort off). When I turned it off, some of the lights remained on. This indicates an issue with the controller board.

    Luckily, I have a workmate who's son repairs and installs domestic appliances and if I give him the model number, he will ask his son if he can get hold of the relevant controller for me. I will also give hime the make/model of my son's washing maching as that also has a controller fault.
    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)

  • PennyJar
    PennyJar Posts: 114 Forumite
    Hi,

    #198 checking in with another £12 saved towards emergency fund, now totalling £92.

    Will adjust my signature.

    Thanks,
    PennyJar
    Debt Free - 2011 (£15, 000) :T | MFiT - T4 #78 £0/£20,000 (Mortgage reduction target)
    Mortgage Free Goal - 2026 (£101, 062) | #198 Emergency Fund Challenge £500/£1000
    Massive :money: fan - thank you for changing the game!
  • #196 popping in with an update. Another £40 added so that brings my emergency fund total to £460 now. Getting there slowly but surely.

    The annoying thing is that I had saved £1000 early this year as an emergency fund but then DH and I decided to use it for new kitchen chairs and an extra freezer plus a few other bits (none of which were emergencies!) And it dwindled massively :( Won't be doing that again!
  • TrushTush
    TrushTush Posts: 218 Forumite
    Sixth Anniversary 100 Posts Photogenic Energy Saving Champion
    Had to take £150 out of my fund to stop my bank accounts going over ther OD limits, not overly thrilled with myself but I'll rebuild
    No Spend Days 2020 Jul 24 / 28 Jun 20/25 May 22/25 Apr 20/25 Mar 16/25 Feb 20/20 Jan 20/15
    Clear all Debt in 2020 #97 WE DID IT!! DFD June2020
  • I hope you're all enjoying the sunshine:j

    I did a car boot sale this morning and made £88.20 which I was pleased with considering I'm pretty much down to the dregs of anything saleable I have. As the car is still partly full I might bite the bullet and do another one tomorrow. That's if I can rake together anything else that will draw the buyers:rotfl:

    Won't add it to EF yet, may need to use some as ready cash for groceries:o but will be back on here early next week with an update.
  • PennyJar
    PennyJar Posts: 114 Forumite
    Hi carbootcrazy,

    Well done on your carbootcrazy sales...I put a post out on my thread 'penny by penny...brick by brick' asking if anyone had any tips about upcycling/reselling things...

    Have you ever given that a go - selling on anything you've seen as a bargain at carboots etc.

    Be interested to know what you think.

    PennyJar
    Debt Free - 2011 (£15, 000) :T | MFiT - T4 #78 £0/£20,000 (Mortgage reduction target)
    Mortgage Free Goal - 2026 (£101, 062) | #198 Emergency Fund Challenge £500/£1000
    Massive :money: fan - thank you for changing the game!
  • patman99
    patman99 Posts: 8,532 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    Well, looks like I will not only need a new main PCB for the washing machine, but the pump is making a right old racket.

    Tomorrow's job is to swap my washer/dryer out and replace it with mum's washing machine. I can then take the washer/dryer apart in my mums garage and get the relevent part numbers of the bits I need to replace. Much cheaper than a new machine.

    Anyway, in order to swap the machines over, I had to clear a load of old mail and in amongst it was a cheque from CPP from 2014. I have emailed them to see if they will still honour it, if not, will they send a new one.
    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)

  • mossy
    mossy Posts: 1,263 Forumite
    Part of the Furniture Combo Breaker
    Hey, just popped £20 in to the EF. Now standing at £650. Need to get it up to £1000 by this time next year ready for my full time year at Uni. Got so many other things to pay for between now and then so not feeling confident about this...just got to keep pushing!!
    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:
  • mossy wrote: »
    Hey, just popped £20 in to the EF. Now standing at £650. Need to get it up to £1000 by this time next year ready for my full time year at Uni. Got so many other things to pay for between now and then so not feeling confident about this...just got to keep pushing!!

    Keep going, you can do it!
    VSPC 2019 #10 - £168.80/£100 VSPC 2020 #4 - £262.03/£200 VSPC 2021 #9 - £242.88/£200 VSPC 2022 #3 - £188.03/£200 VSPC 2023 #7 - £0/£200
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