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The £1,000 emergency fund challenge.
Comments
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So, I've checked what I already have in my Emergency Fund account, and.... there's £100.82 in there already! Way more than I thought, though wouldn't cover for much in a disaster :rotfl:
Inspired, and spurred on by this nice surprise, I've trolled my other bank accounts and rounded down the money in them to nice round numbers, and have added a whopping £1.75 to the emergency fund :rotfl::rotfl:
Will add this challenge to my sig so I can keep track of it. But my Emergency Fund now stands at £102.57
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I have already started our emergency fund which at present stands @ £400, but I'm hoping to get this to £1000 A.S.A.P, so I'm hoping this challenge will help motivate me.
ChrisYNAB is my new best friend.
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Welcome Chris, well done on already having £400 saved up. You are almost half way there already! :j0
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I've got the accurate figures at last and the amount available is £34.90 so that's my starting point.
Well done all!!£10 a day extra in May '18[B]£35/310[
Virtual Sealed Pot 2018 £500/£2500 = 20%
You can find my diary here:http://forums.moneysavingexpert.com/showthread.php?t=5189836:beer:0 -
Hi There, can I Join this please? It might take me rather a long time to save up £1000 but I really need to have some sort of an Emergency Fund....
I've started with £3 tonight....So I feel pleased with that 0 -
please can i join too At the minute I have a whopping £5.64:rotfl:
Mobo xxCC1-£1729.53
CC2-£4323.00
LOAN-£14,519.05
TOTAL DEBT £20,571.58 :eek:
Then there's the mortgage
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DreamerHelen wrote: »Hi There, can I Join this please? It might take me rather a long time to save up £1000 but I really need to have some sort of an Emergency Fund....
I've started with £3 tonight....So I feel pleased with thatplease can i join too At the minute I have a whopping £5.64:rotfl:
Mobo xx
Welcome DreamerHelen and Mobo1980! It will take me a while to save up £1000 too Helen, it's taken me most of this year to save £100 :rotfl:but every little helps!0 -
Thankyou Eyebright
It will take me a long while too!
Mobo xxCC1-£1729.53
CC2-£4323.00
LOAN-£14,519.05
TOTAL DEBT £20,571.58 :eek:
Then there's the mortgage0 -
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I know it's really odd but I always feel really guilty saving money whilst having so much debt but I do know emergency funds are totally essential to getting debt free .. and stopping the cycle.Weightloss -36.5lb/64lb.
Christmas savings £200/£800.
Hol savings £300 /£500.
Birthday savings £50 /£100.
100 days #20 Credit union £40/£11500
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