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The £1,000 emergency fund challenge.
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Had a few issues so emergency fund back down to £0. Onwards and upwards for 2020 I suppose...0
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Hi, Can I please join and I would like to start from Jan 2020 if possible? thanks0
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Alright so I'm at £58, almost an extra 10er in 3 weeks. Fingers crossed it will continue. But I'm scared, having all my money in the bank is actually making me dizzy - I'm just scared they will disappear. I feel bad having so little trust im myself.Isa help to buy: 1000/3000 33%
Emergency fund: 100/1000 10%
Weight loose 8.6 kg - while having fun. 0/8.6 0%
Focus debt to clear HSBC £10/1111, 0% updated May 250 -
#307 checking in
At present I have £178.00 in EF.
I get paid monthly so tend to put a percentage in at that point, been doing this for the last 3 months.0 -
#288 checking in.....
It's been a tough, expensive few months and what little I had in my EF has been used up for various emergencies for which it was intended......school shoes falling apart, car wiper blades spontaneously leaving the vehicle mid-motorway, that kind of thing! lol
So seeing as I'm running on empty, I'm calling quits on my financial year. I have 2 more paydays this year and the whole lot (apart from a little bit of food and fuel to visit relatives) will sit in my account and wait for the bills to come waltzing in on the 1st of the month as they inevitably do. I'm pleased to say I've done Christmas (including adding a new puppy to the household 3 weeks ago!) without adding to debt, and so I enter 2020 in a much better financial situation and nowhere near as stressed as I did 2019! I would call that a success. Starting Jan 2nd (1st payday of the new decade) I will be working towards having an EF to be proud of as well as other goals towards my well being and that of my family.
Thanks for the support all and have a peaceful and productive festive season. See you in the new decade!!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 -
Well done aimeemum on having a good debt busting year. It is hard at times but less stress definitely makes being very careful with money worth it. I’m in a better position myself as this year draws to a close and already making plans on how I can be more frugal in 2020 :j£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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Hello! Please can I join and get a number
Not having an emergency fund is what's got me into debt troubles in the past. Building it up won't be fast as my main focus will be on bringing the debts down, but at least I'll also get to see some positive numbers going up!
Thanks xxEF #313: £5000/£1000, 3-6 Month EFC #50 £5000/£5000 PAYDBX 2021 #34: £7326/£7326
cc1 £0, cc2 £0, cc3 £00 -
My fund is now at £120 so yay to that. Really need to focus on getting debt down next year.Sealed Pot Challenge #135
£1000 Emergency Fund Challenge #303
Debt total £10085/11768 :eek: Emergency fund £120/1000 :beer:
Weight loss 11.5/84lbs :j0 -
Welcome to our 2 new members-
#312 Jaelato1
#131 Wolfsong12Never 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 -
Just sorted my end of the month finances and moved remaining across to my EF which is now £365/ £1000. Pretty happy with this for December0
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