📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

The £1,000 emergency fund challenge.

1222223225227228340

Comments

  • patman99 wrote: »
    ButterflyBee, you are member 204 and are most welcome.

    Thank you Pat Man.....
    My first posting of my savings pot.....

    EmSavFund #204 = £60.00/£1000 6% :T:o:T

    So Excited :j
    Return and Restart August 2016
    22 Months to be debt free Aug2016 £12971.00:p:o:p By Jun2018
    PAYDBX2016 #155 = £2268.93/£3414.93 00% paid
    UK Debt #00 = £9857.23/£13039 6% paid
    EmSavFund #204 = £85.00/£1000 6% paid
    Mortgage #00 = £183084/£183093 00% paid
  • tibbles209
    tibbles209 Posts: 169 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    BIG congratulations LittleMissDetermined on reaching your £1000 goal!! :T :beer: And good work to everyone else who has managed to contribute anything :)

    Patman how did the interview go today? Got my fingers crossed for you.

    Unfortunately after a good start it looks like I'm not going to be able to add much more to my emergency fund until next payday. Just got my payslip and I have been significantly underpaid this month :mad: Payroll have said they will sort it so that anything I was short this month will be added on to my next pay slip but it means things are much tighter this month than I was expecting. On well, i suppose my challenge for now will be to avoid taking anything out of the EF and I can concentrate on adding to it after I have been paid again.

    Current EF: £232.19
  • swimminginaseaofdebt
    swimminginaseaofdebt Posts: 942 Forumite
    Seventh Anniversary 500 Posts
    edited 31 August 2016 at 7:19AM
    Morning everyone,

    £50 sent to my emergency fund this morning bringing #193 total up to £750.
    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
  • patman99
    patman99 Posts: 8,532 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    Another £60 txed to my EF and I start a new job Monday.

    Can now afford to pay-off holiday.

    On the down side, my printer stopped working 56 pages into printing a 92 page manual for an ION LP2CD turntable I paid £15 for at the bottsale today.
    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)

  • patman99
    patman99 Posts: 8,532 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    Printer now fixed. Just needed the print-head removed and washed-out.
    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)

  • patman99
    patman99 Posts: 8,532 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    Printer now fixed. Just needed the print-head removed and washed-out.
    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)

  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    #45 update - usual monthly SO transferred so new total is £1150 aka 115%

    Off to update my sig :D

    Welcome to all our newest members, keep up the good work everyone

    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.

    If you can't be the best -
    Just be better than you were yesterday.
  • LABMUM
    LABMUM Posts: 157 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    I have made it to the first £100 in my emergency fund savings.
    EFC #185 - £510.00/£1000
    £2.00 Savers #95
    50p Savers Club #8
  • Smolly
    Smolly Posts: 216 Forumite
    Fourth Anniversary
    Hello

    I would really like to join this challenge please. I am just about to start on my DMP and desperately need an Emergency Fund. I'm sure joining a challenge will make me more likely to save rather than trying to do it alone!

    Thank you!!
    LBM Jul 16 £26,823.83, Nov 16 £27,961.98, Dec 16 £26,977.66, Jan 17 £26,884.76
    EF #205 £0/£1000
  • Hello all, I haven't posted for a while as the savings for my emergency fund are slow going. Another £40 to add for #196 so my total is up to £500 now.

    I have realised however that if my car insurance quote does not go down significantly when it's due in Jan then I will have to use most of my EF for that...Which I suppose is what it's there for but I was hoping to save it for unexpected expenses and my car insurance isn't really unexpected! Hopefully I can make some extra money an fill it up (and possibly over £1000 goal) a bit more quickly.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.4K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.6K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.