The £1,000 emergency fund challenge.

ditty1234

Correction my EF is £64 had to dip in for money towards bus pass. 

claremylove

After 2 months busy with life in general, I needed to get online and update my totals.
EF has now reached £932 - which includes a bonus £50 win on Premium Bonds this month (very happy with that) so will hit the target now this year instead of early next year.

Madusa

I've realised (finally?) that I must properly fund car & pet expenses to avoid them becoming emergencies so only sweepings to put into the EF - surplus from last month's budget £11.  

R2B

Finally got over the half way mark! 

SuperSavingD

Afternoon
Just reporting in as managed to get EF to £1000.  Will slowly add to it now but need to get Xmas and some house jobs completed.  Is there a different thread you can you when you get above £1k.  Thanks 

Betharooni

There is a 3-6 month emergency fund page @SuperSavingD that you might want to join 😁

patman99

Welcome Madusa. You are our 327th member.

Not had any work since Feb, so not been able to add to my EF.

Congrats to all those who have made it to the £1k mark.

SuperSavingD

patman99 said:

Welcome Madusa. You are our 327th member.

Not had any work since Feb, so not been able to add to my EF.

Congrats to all those who have made it to the £1k mark.

Thanks Patman99 and Betharooni.  Patman99 fingers crossed work arrives soon for you 🤞

ditty1234

Just declaring that I now have £100 in my New EF on top of the £1350 set aside for citizenship. I am now a bit like the squirrel hiding acorns in my lawn, I'm saving little pots here and there so on top of my dedicated EF I have a £100cash fund, I have a £230 housing savings. So at least while I rebuild my EF I still do have a bit here and there if worse comes to worse.

st182

Hi All. I'm on the brink of paying off my unsecured debt so want to join here and make a "proper" emergency fund. I've just opened a bank account where I can pay in £50 max a month to begin with, starting next month. We'll see if I can do that and not use my credit cards each month- baby steps!

st182 EF = £0 / £1000

Keep going everyone- your updates will encourage me to follow suit!