We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The £1,000 emergency fund challenge.
Options
Comments
-
Added £100 today.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.1 -
Ditty1234 reporting EF £650Isa 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 252 -
I've stuck £26 in a savings account and set up the "save the pennies" feature of my bank account. It's a start
Start Debt Jun 2020 = £10,036 - Current £5,894 | #324 £1,000 Emergency Fund Member - £2053 -
No 112, EF is at £289.00. Took early retirement from work last week, so will have to watch my money really carefully from now on. Also aiming to increase my EF as much as possible:j Debtfree and and staying that way.:j3-6 month emergency fund, No.61 £140.002
-
EF currently at £114.Starting Total in September 2019 = £38287.77
Current Total = £25534.10
33% of debt paid off so far
Debt Free by Christmas September August July June 2023!1 -
EF is now over £900 very happy about that as I will need it badly between August and November.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 252 -
Apologies for my abscence, but I found the upgraded forum a nightmare. Now they have fixed some of the issues such as now being able to edit posts, I'm back.Anyway, welcome to our newest members who are -#321 Twigletsmum, #322 A_Random_man,#323 Narola1976, #324 Ceremony and #326 Santiaggo99
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)1 -
#300 reporting in with £383.79/£1000.00. Continuing to be a slow plod towards £1000 but not had any emergencies and finances stable so happy enough with the progress I’m making. Will be able to start paying in more later this year and hoping to hit the £1000 by year end, barring any emergencies.
B x1 -
Payday so another £25 added. That takes me up to £832. Getting tantalisingly close now! This is the most I've ever saved - so feeling rather pleased with myself. Not bad when you think that, bar £280, this has all been just monthly savings of just £25 which I haven't missed at all. £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)2
-
@patman99: good to see you back. I was wondering where you got to as I haven't seen your diary updated got a while. Welcome back!Sorry, but I can't find my number on the front page to update the pretty large hit of £948 taken out of my overly-padded EF yesterday. It was totally worth it, though, as I used the money to pay off the rest emy debt and make me DEBT FREE!
My first order of debt freedom will be to replenish the EF.Debt: £11,640.02 paid in full! DFD: 30/06/20
Starter Emergency Fund (#187): £1000/£1000
3 month Emergency Fund (#45): £3300/£33002
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.1K Mortgages, Homes & Bills
- 177K Life & Family
- 257.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards