The £1,000 emergency fund challenge.

MessyBetty

Hi savers, welcome to all newcomers:)

I hope everyone is well and cars are behaving themselves for once.

Another Tilly tidy today of £2.57 not much again but did pay £200 off a credit card :j and hope to reduce my overdraft by £100 which means I will just have a free overdraft of £100:money:

Trying hard to take control of finances one step at a time:)

stiltoncheese

Loads of new joiners recently. Nice to see the thread growing in size

pozza_73

Just done a quick look around the house and found £3.46 so off the mark. Will put this in the credit union on Monday.

patman99

Welcome on board Pozza_73. You have the honour of being member #50.

I-need-to-be-debtfree

Hi All


Just done a Tilly Tidy and added another £6.88


xx

pozza_73

Another scurry around the house and now there is £12 ready to be banked next week. Yay my first 1%

newroadahead

May I join? I became debt free this month and think this would be another good move in my forward planning for next year.


OH still has debts but it would be lovely to have a proper emergency fund for other expenses.


Thank you


NRA xx

Hoipolloi

Haven't started putting anything in my 'fund' yet. Money is a bit up in the air at the moment, with Christmas around the corner and lots of direct debits and outgoings due out during December.

If not during Dec, the savings for this challenge will begin January when things are more settled financially. Well done to all who have begun their challenges!

stiltoncheese

Hoipolloi, I'm not sure it matters when people start or how long it takes, as long as you are putting something away towards it.

I feel like I cheated a bit as I had about £300 left over from my maternity leave savings pot and have made that my emergency fund now. Otherwise, my deposits are in dribs and drabs, underspend on other monthly budgets and account sweeps etc

redlaces

stiltoncheese wrote: »

Hoipolloi, I'm not sure it matters when people start or how long it takes, as long as you are putting something away towards it.

I feel like I cheated a bit as I had about £300 left over from my maternity leave savings pot and have made that my emergency fund now. Otherwise, my deposits are in dribs and drabs, underspend on other monthly budgets and account sweeps etc

Stiltoncheese, I don't think it matters how you have found the money as long as it is in the right place, and being saved for genuine emergencies and not otherwise spent.

I feel as though I may also have cheated this week... I have combined 'car fund' and 'emergency fund' this weekend and have boosted my total by quite a lot. It won't grow that quickly for a long while now though!

#36 new total £313.96