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The £1,000 emergency fund challenge. - Page 333

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The £1,000 emergency fund challenge.

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  • BetharooniBetharooni Forumite
    233 posts
    100 Posts Name Dropper First Anniversary
    ✭✭
    #300 reporting in with EF of £700. Will reach my £1000 target in December and can then progress from there.
    Save £15K in 2020 #6 £ £13,730.20/£15,000
    Make £2020 in 2020 #11 £1,516.83/£2,020
    Saving for House Deposit £5,416.32/£40,000
    £1000 Emergency Fund Challenge #300 £900/£1,000
  • amber03amber03 Forumite
    882 posts
    Tenth Anniversary 500 Posts Combo Breaker Photogenic
    ✭✭✭
    No112, ef is currently £178. due to a couple of unexpected bills. My aim is to get to £500 by the end of the year, fingers crossed.
    :j Debtfree and and staying that way.:j
    £1000 Emergency fund No.112 £178.00
  • claremyloveclaremylove Forumite
    452 posts
    Part of the Furniture 100 Posts Xmas Saver!
    ✭✭
    My DD for £25 has gone out adding £25 to my EF.  So #232 is now up to £957
    £2 savings club 2020 #3 £282 (2017 £640; 2018 £404; 2019 £512)
    Saving for Xmas 2020 #5 £335 / 366
    £1000 emergency fund challenge #232 £1,007 / £1,000
    Save a penny a day 2020 #4 £671.61 / £671.61
    SPC 2021 #45 (2020 £22.87) (2019 £7.23)
    20p Savers Club 2020 #2. £21.80
  • MidsHollieMidsHollie Forumite
    259 posts
    100 Posts First Anniversary Name Dropper
    ✭✭
    Not sure if I updated ty is thread previously, but I’m now at £600. I’m adding £100 per month whilst also paying off other debt. As I’m also saving sinking funds for annual and less regularly spends, it means I don’t really have to touch my EF, until I have a real emergency! 

    https://forums.moneysavingexpert.com/discussion/6086606/debt-free-by-23/p1

    True LBM, December 2019 = £32934. Current Debt = £19977. 1% Challenge = 39%. #304 £1000 EF challenge = £700



  • aimeemumaimeemum Forumite
    618 posts
    Sixth Anniversary 500 Posts Xmas Saver!
    ✭✭
    #288 reporting in. I haven't been active on here for a while as we've been so busy. I have though been keeping up with my regular payments of £20 a week and I now have £845 in my+hubby's Help2Save accounts. Not many more payments and I will have £1k in there. 


    2nd attempt to be debt free!!
    Current Debt Progress - Start date 10/8/20 = £3,078
    10/10/20 - £536/£3,078 = 17%
  • Important update! We have recently reviewed and updated our Forum Rules and FAQs. Please take the time to familiarise yourself with the latest version.
  • Bluegreen143Bluegreen143 Forumite
    1.4K posts
    Eighth Anniversary 1,000 Posts Name Dropper
    ✭✭✭
    Hi there, is it OK if I join?

    Currently have £367 in my emergency fund and trying to get it to £1,000.

    I have a separate pot for Christmas/birthdays/special occasions and one for annual bills (eg car insurance). Have only got £300 debt left (owed to MIL for years as she hasn’t been in a hurry for it, but we have paid back £950 since June and a £200 credit card bill then too ☺️ So aiming to pay off the £300 in full husband’s next payday if I can be very frugal and then will really work on building the emergency fund plus want to save for the future (eg we will need a new car in the next year or two). My bank account rounds up all debit card transactions and puts the extra in the emergency fund so that’s a start.
    Married March 2014, DS born Dec 2015, DD born Dec 2018

    My debt free diary
  • SuperSavingDSuperSavingD Forumite
    279 posts
    100 Posts Name Dropper
    ✭✭
    #319 
    My EF got a battering recently with paying for caravan insurance and £689 shortfall on Gas/Electric bill.  EF is currently at £358.71 but due a holiday refund any day so will replace when it arrives and make it back up to £1k.
    SPC 48
    Sept 20 = £15,405.00
    Now = £13,239.48

  • SuperSavingDSuperSavingD Forumite
    279 posts
    100 Posts Name Dropper
    ✭✭
    #319
    Refund received so now back up to £1k 😀 and hoping it stays that way (fingers crossed).
    SPC 48
    Sept 20 = £15,405.00
    Now = £13,239.48

  • Can I join in, i'm trying to set up an emergency fund. I'm currently at £206.97 i'll definitely be adding little and often to the account but hopefully it will start to add up.
    DMP - £8925/£15071.98 (40.78% paid)
    Car Loan - Bank of Mum and Dad - £3763/3763 (100% paid)
    Emergency Fund £226.24/ £1000 (22.62%)
    November Grocery Challenge: £11.01/ £300
  • st182st182 Forumite
    146 posts
    100 Posts Photogenic First Anniversary
    It's finally started. £50/£1000  B)
    Working on: Emergency fund = £0 / £1000. PYDend2020 = £7800 / £7800 100%
    Cleared: PPC = 0; CC3 = £0; CC2 = £0; CC1 = £0; PYDend2019 / 2020
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