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The £1,000 emergency fund challenge.
Comments
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I'd like to be added! I need this money before I start attacking the debt 😂0
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Hi well I was doing well before Xmas on the 25 th November my washing/dryer packed up on the 23rd December my TV packed up. So all the savings have gone makes you realise the importance of emergency funds!
Hope you had a great Xmas... See you all in 2020.Penny wise pound foolish. 366 days 1p challenge 2020/21/22/23 completed.
No.13 1p a day challenge 2024
No. 24 52 week savings challenge completed August 24
No.16 1p a day savings challenge.0 -
Happy new year let's hope 2020 is productive.��Penny wise pound foolish. 366 days 1p challenge 2020/21/22/23 completed.
No.13 1p a day challenge 2024
No. 24 52 week savings challenge completed August 24
No.16 1p a day savings challenge.0 -
I've just increased my EF to £208.
I'm the last of the big savers! :rotfl:
:beer: Happy New Year everybody! :beer:Debt: £11,640.02 paid in full! DFD: 30/06/20
Starter Emergency Fund (#187): £1000/£1000
3 month Emergency Fund (#45): £3300/£33000 -
Happy New Year everybody. I hope that it's happy and healthy for you all.
#232 reporting in that, as it's payday, my £25 direct debit has come out of the bank increasing my total up to £402. Very happy how that is progressing - slow and sure but increasing all the same.£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 -
Happy New Year to all.
# 310 reporting in with new total of £600 / £1000
I have raided my last years emergency fund pot which, thankfully, wasn't needed, but was so reassuring to have.
I am hoping to top up £100 a month to reach target by end of April.0 -
Happy New Year everyone.
Money all allocated last month to do with Xmas so when I get paid this month I will start in earnest to get that fund going again.
Nannyg£1 a day 2025: £90.00/365 Xmas fund0 -
#304 checking in; EF currently standing at £220.03. I was surprised to find that I had accrued 3p of interest since throwing the money in there a few weeks ago!
https://forums.moneysavingexpert.com/discussion/6086606/debt-free-by-23/p1True LBM, December 2019 = £32934. Current Debt = £12762. 1% Challenge = 61.1%. #51 3-6 Month EF Challenge = £1200/£6000
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Hi, I'm upto £368.71
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So made a decision to put all money from my different savings pots into my EF, that coupled with a large amount from having higher wages than normal has given me £818.40....
However, Jan is an awkward month for my wages so may have to dip in at end of the month0
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