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The £1,000 emergency fund challenge.
Comments
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Had to go into town again today, so took more loose change to bank up at Metro. The last time I went their coin sorter would not take £2 coins. Same again this time. Spoke with the teller and they told me it would be a fotnight before it was fixed. So that's 77p added to the EF and £12 back in the pot.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)0 -
I take it that having a rainy-day fund, which I never allow to go below £1000, doesn't qualify me for this challenge (which I knew nothing about until it popped up on twitter)?
:heartpuls Mrs Marleyboy :heartpuls
MSE: many of the benefits of a helpful family, without disadvantages like having to compete for the tv remote
Proud Parents to an Aut-some son 0 -
#289 adding another 5.00 today. New bal now 55.92.Aim to be debt free....
Snowballing since August 2017
Debt total
28'570.92 (august 17)0 -
#289 now up to 90.00 in EF.Aim to be debt free....
Snowballing since August 2017
Debt total
28'570.92 (august 17)0 -
hey i'm back at it again as most of wedding is paid off and now i have some more to put away for emergency fund. I'm Saving for my emergency fund online & with £1's / £2's in a piggy bank.
total - £10 as I need to count up money in piggy bank:heartpuls Getting married 21.09.19 :heartpuls
Emergency Savings - £15.55 / £1,000
XMAS '19 Savings - £0.00 / £365 Holiday savings - £6.00(SA) £00 (PB)0 -
Another DD gone out for £25 so that now means that #232 has crept up to £227 :T£2 coin savings club 2025 #1 £166 (2024 £692; 2023 £754; 2022 £472; 2021 £256; 2020 £358; 2019 £512; 2018 £404; 2017 640)Saving for Xmas 202 £1 a day #4 £365 / £365 3-6 month emergency fund challenge #48 £10,030 Save a penny a day 2024 #32 £ . / £667.95 £1000 emergency fund challenge #232 £1,007/ £1,000 (achieved Nov 2020)0
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#288 reporting in....it's been a slow month but I've been trying hard. We went camping and I still have a lot of outgoings I'm steadily paying off.
May therefore saw £264 paid off my debts and £21 put into my EF account.
I'm not sure I'm ready to say that that is in there 'for good' as it were, as it will most likely end being used for something by the end of June so I've decided to just do a once a month report in here, and as long as it's gone up, I'm happy! Considering I had £0 in there at the beginning of May, that's definitely progress Changing my Family's Future!! - Starting again!!!!
Current Progress -
Debt - Start date 14/4/25 = £14,880.45
Savings Goal = £1000 EF - £0/£1000 = 0%0 -
Slow but steady wins the race. I might even be able to chuck a few quid into my EF after pay day.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)0 -
I’m getting back up and running with this now..just set up my emergency fund again and get paid this Friday so will be adding some to it then. Hoping to be at 300 by end of August!Sealed Pot Challenge No - 492
£1000 Emergency Fund No - #1950 -
#286 at £111.03.
It was a fair bit higher but my car insurance was due so I decided to pay it in one to save some money in the long run.
I'll keep plugging away!0
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