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The £1,000 emergency fund challenge.

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Comments

  • patman99
    patman99 Posts: 8,532 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    Pinkwhisk is member #201.

    Apologies for my absence, but am house/dog sitting and the homeowner has no broadband. I am popping back to mine every other night to check emails.
    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 all,

    #198 checking in with £219 to add to my EF fund.

    Will adjust my signature.

    Pleased with progress so far...NSDs and envelopes helped big time.

    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!
  • claire1a
    claire1a Posts: 106 Forumite
    Ninth Anniversary 100 Posts Combo Breaker
    I've hit a bit of a brick wall now. Have £525/£1000 but I will have no more rent from my lodger as he is moving out in a couple of weeks and now only have two more paydays until I am redundant... I was really hoping to be at £750 at this point, however a few things have come up so at least I had the money there to buffer!!!

    I really need to get my bum in gear and start eb4ying!!!!
    No longer Debt free
    EF - £525.27/£1000 New York £0/£1500
    SCC- £3000 SL overpayment £2500 M+D - £4000
  • amber03
    amber03 Posts: 1,360 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    No. 112 checking in and pleased to report my total is currently £327.00 , hit a wall with my savings but now seem to be on the up again. Next payday have abit of O/T which will be put away.Hoping to curb my spending now my little holiday is out of the way. Give myself a target of new years eve to reach the £1000. Fingers crossed.x
    :j Debtfree and and staying that way.:j3-6 month emergency fund, No.61 £140.00
  • Hello everyone!

    I have been catching up with this thread over the past week (all 111 pages of it!) and I would really love to join if you don't mind :o

    I don't have an emergency fund at all at the moment and its something I've been thinking about setting up for quite a while now but there always seems to be some reason or other why I can't start yet... time to stop making excuses and get on with it :D

    So here I am starting off with the princely sum of £2.85 :)
  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Welcome tibbles- of course you can join - Patman will be along soon with a number for you.

    Welcome aboard ;)
    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.

    If you can't be the best -
    Just be better than you were yesterday.
  • A big welcome to all new members and returners. Congratulations or commiserations (whichever fit the bill) to the regular contributors.

    Just popping in to report that my £1000 is still intact but may not be for much longer:eek:. A couple of years ago my faithful old desktop PC became more trouble than it was worth and I bit the bullet and bought a laptop. It was a refurbished one as that was all I could afford at the time:o. It's a fairly old model but has served me very well. This past couple of months it has developed a few very annoying and frustrating faults that need fixing by an expert. I'm not sure it's worth the expense given its age and lack of capability:(

    I may have to replace it (with a refurbished one again, sadly:o) but am not sure whether it constitutes an emergency as such. I'd dearly love a MacBook this time but even 2nd hand ones are very expensive:eek:
  • patman99
    patman99 Posts: 8,532 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    Welcome to member #202, tibbles209.

    Not much to report other than that I will be unemployed as of this coming Friday (unless I get another last-minute contract extension).

    EF is sitting just below £600 (must get around to updating my sig).

    Unlike previous times, this time I am financially ready for surviving on benefits. I have stuff to sell (once the benefits have started to come in) and as I haven't been spending my wages, I will have a good amount in the bank to survive.
    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)

  • Sorry to hear that your job is coming to an end soon, patman. We know you don't let the grass grow under your feet and if past occasions when you've been jobless are any indication you'll have a new job in no time. Good Luck with it (if you want another job straight away):beer:


    It's thanks to you and this thread that a lot of us are in a much stronger position to weather life's storms than we were before. You're an example to us all:T
  • Another £5 added, payday this week so hoping to add a few wee pounds then too :p
    Save £25,000 in 2025: #45-£524.15/25, 000

    PAD 2025: £609.19/6100
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