The £1,000 emergency fund challenge.

DancingUnicorn

gwynfil wrote: »

:
I'm doing £460 divided by 17 which is about £28 a week. I'm going to try at least £20, maybe £25, and when I can £30.

When you say it like that it sounds almost easy and makes me wonder why I haven't managed to get my savings any further.
Mum just gave me a load of old DVD's and CD's she doesn't want anymore so between sites I've managed to get a quote of almost £60 for the lot so that'll be going straight into the EF when it comes through.
Still waiting on £76 cashback to finally clear which will also go straight to the EF too. Looking at getting it up to over £200 in the next few weeks which is exciting. After payday I'm going to attempt £5 a week to crank it up before Christmas!

Moneybutterfly

Could I join in please? I've 270/1000 emergency savings.

BachFlower

Thanks for the add Having reached the 'sick & tired of being sick & tired' moment, I am soooo ready to do this. I have a place for the EF, an accessible online savings account separate enough to not tempt me to dip into, BUT nothing to put in yet... August has been super expensive, and am already in the red, so it is a damage limitation measures for the rest of the month. I've joined a no-spend challenge facebook group and will make the most of what is in the cupboards, etc. My best bet for getting this fund together quickly is selling things... I have an ebay shop subscription and haven't been making use of the 250 free fixed price listings included per month, and have plenty of items that could make £10 or more, so filling it up is a priority! Onwards & upwards from now on in!

patman99

Welcome to Moneybutterfly who is member #244.

[Deleted User]

I'm really pleased for you that this thread is such a success, patman:beer:. New people are joining all the time:j


I had to go to the dentist's today and was expecting to need more doing than actually happened. Cost £56 which is plenty:( but I can cover that without raiding my EF which I'd do anything to keep intact at £1000:j

quintwins

I added another £10 to mine, still not much but I'm not really missing the £10 a week and I now have £30 with very little effort.

catralense

Please can you add me to the list?

I currently have exactly £75.99 in my emergency fund but I want to have a thousand saved by the end of September. I'm planning to try and sell some stuff, cut right back on our grocery bill and work as many extra shifts as I possibly can to meet my goal. Fingers crossed!

mizmir

Still to add to my emergency fund but I should have money coming in on Monday that is earmarked for it. Plan is to have £100 in there untouched by the end of the month!

Narola1976

Hi. Please can I join? I have £694 so far.

[Deleted User]

:wave: a warm welcome to all the new members. patman will assign a number to you when he's next on the thread. Let us know how you are getting on with your savings and don't worry if life presents you with an emergency where you need to dip into your EF. After all, that's what it's there for;). Good Luck:beer:


Congratulations as always to everyone who has managed to add to their savings:T