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The £1,000 emergency fund challenge.
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Hi All 👋🏾,
I need motivation to keep mine going. Got starting balance of £482.46/£1,000 = 48.25%. Using Monzo’s saving pots and round ups to inch me closer to target.Good luck all 🤗 & may 2021 bring peace, health and stability to us all. xxDebt Free Diary:- The Mental Debt Struggle
(Original Debt on 15/07/2016 was £33,056.76) 🙈 but Debt Free on 09/02/2025 🎉
2025 SAVINGS: Emergency Fund (£604.30/£5,000) 12.09% saved
2025 CHALLENGES: #16 Sealed Pot Challenge ~ 18 || #9 50 Envelope Challenge 22/502 -
Hi all, hoping for a happy new year for you!Starting 2021 off with £250/1000 in the EF. Hoping to top it off to £1000 end of this month and then not pick at it!Stay safe folks!£250 / £1K Emergency Fund2
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Hi all, Happy new year
Can i join please, starting with a measley £10 but got to start somewhere. I am focussing on paying off CC debt but would like to build up EF so dont need the CC to fall back onXmas 2022 = £500/500
Emergency fund = £50/1000
Penny a day challenge = 237/667.95
Starting Debt total Jan 2021: £14,877
Starting Debt total Jan 2022: £10,6622 -
#304: just transferred £100 across to my EF account. First budget-y money task of the year!
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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Just added £2.43 to the account5.97/1,000Aspiring to be financially independent.... from my parents!1
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Another £50.00 taking me to £200/1000.00Pennies starts again...........2022 - £13,579.221
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added another £6.00 was 'left over' from this week, would normally go onto a debt but relalised I need a emergency fund as well as pay the debts off!£11.97/1,000Aspiring to be financially independent.... from my parents!1
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Managed to put £5 to EF, making it £73.00. Putting a little bit in each week and then the end of the month putting a slightly larger amount in. Last year I put a large amount in straight away and then usually struggled the rest of the month and then had to use the EF, so now doing it little by little.:j Debtfree and and staying that way.:j3-6 month emergency fund, No.61 £140.004
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Just added £200.00 to the account, I know a rather large figure but I received unexpected working tax credits so I put half of it into the account. I can always withdraw the money if needed, but hopefully won't be needed as worked a full week this week
£211.97/1,000
Aspiring to be financially independent.... from my parents!3 -
Just checking in to say after a dentistry emergency my fund is £205
I guess that's what emergency funds are for though! Start Debt Jun 2020 = £10,036 - Current £5,894 | #324 £1,000 Emergency Fund Member - £2052
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