The £1,000 emergency fund challenge.

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  • chrisfreelander54
    chrisfreelander54 Forumite Posts: 448
    Part of the Furniture Combo Breaker
    Forumite
    Well i have been paid this morning, and as all the bills have either been budgeted for or paid already, then this means I have another £200 to add to the EF. :j

    EF now @ £600. :D
    YNAB is my new best friend. :)
  • MrsSave
    MrsSave Forumite Posts: 1,803
    Eighth Anniversary 1,000 Posts Name Dropper
    Forumite
    Hi, can I join please? I currently have £151 in my emergency fund account. Aiming to put in £50 a month, and if there is any money left over from wages (varies each month), will add a little extra!
    Finally debt free (other than the mortgage) - 05/02/18
    Mortgage - July 2022: £105,000. Current: £102,221.37. Overpayments made since July 2022: £374.40
    Emergency Fund: £300/£7,800 - 3.8% Stocks and Shares - £615.99 LISA - £750.20 (inc bonus)
  • Calling14
    Calling14 Forumite Posts: 3,498
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Forumite
    Eyebright wrote: »
    Yay! Off to a great start Calling! Bet you will soon overtake me :D

    Not a chance focused on clearing some of my debt by xmas :j
    plus need to buy xmas pressies :eek:

    Keep plodding away guys :T
    LBM 13039 1.1.13 Now £0 Finally Debt FreeMortgage free Oct 2019:)EFund/savings £25000 10/11/22
  • rosieben
    rosieben Forumite Posts: 5,010
    1,000 Posts Combo Breaker
    Forumite
    Please can I join this challenge?

    I've always hung out on the OS board but followed a link here and discovered some great threads and inspirational diaries


    .
    ... don't throw the string away. You always need string! :D

    C.R.A.P.R.O.L.L.Z Head Sharpener
  • peony40
    peony40 Forumite Posts: 636
    Part of the Furniture 500 Posts Photogenic Combo Breaker
    Forumite
    Hello,

    I'd like to join you all, if possible?

    At the moment we no longer have an emergency fund, and this makes me feel very uneasy.

    It will take a while for me to get up to a £1000 especially since I had to give up work over three years ago due to health issues. But anything in the pot will be good!
    Sealed Pot Challenge # 003
    August 2023 Grocery Challenge: Wk 2 £31.39/40 Wk 3 £35.18/40 (savings: £13.43)
  • Aloofdragon
    Aloofdragon Forumite Posts: 339 Forumite
    Popping another £12 into mine today so now have an amazeballs £22 just incase money x Have a lovely Friday all x
    Weightloss -36.5lb/64lb.
    Christmas savings £200/£800.
    Hol savings £300 /£500.
    Birthday savings £50 /£100.
    100 days #20 Credit union £40/£1150
  • Nintud
    Nintud Forumite Posts: 191
    Seventh Anniversary 100 Posts Combo Breaker
    Forumite
    I've taken out the cash for new ceiling and skip hire (ouch!) so can 'proudly' announce that my emergency fund now stands at £8.87 :rotfl:

    Best start building it back up again before the next emergency hits.
    MBNA 120/17120.
    Santander 250/9000
    - - - -
    What matters is how we live and love and how we spend our dash. (L Ellis)
  • DreamerHelen
    DreamerHelen Forumite Posts: 2,629
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    Forumite
    Apologies for not replying before now Eyebright....thank you for your encouragement....I'm really pleased to have a little money saved up.....feels really good!! :)


    How is everyone getting on with their Emergency Fund?


    I'm up to £17 and some change.....so I'm really pleased with that...Hopefully can put a little extra in next Week... :D
  • Nintud
    Nintud Forumite Posts: 191
    Seventh Anniversary 100 Posts Combo Breaker
    Forumite
    :mad: the next emergency has hit.

    Pulling down the ceiling revealed that it wasn't just the shower grout letting out water. The toilet also has a leak (not soil pipe thankfully). En suite toilet is now out of use until I can afford a plumber to take the toilet out, check where leak is coming from and fix (May just require a seal redoing).

    It never just rains here :(

    This is why we all need an emergency fund folks!!
    MBNA 120/17120.
    Santander 250/9000
    - - - -
    What matters is how we live and love and how we spend our dash. (L Ellis)
  • patman99
    patman99 Forumite Posts: 8,532
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    Forumite
    WElcome to our 3 newest mambers.

    Transferred £3.74 across thanks to selling a game on ebay.
    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)

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