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The £1,000 emergency fund challenge.
Comments
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Hi everyone
I received a cheque today for £25 from an online survey site that I joined a couple of weeks ago. Fantastic way to earn a little extra. Was so nice to get something in the post rather than bills. Going straight into my emergency fund which is now at a grand total of £44.09 :j
Hope everyone is having a good mse weekend?
What a great start to the weekend! :beer: my only gift from the postman was my annual council tax statement! What sort of things were you surveying?
It's cold and horrid outside so I'm going to do a bit of batch cooking and plan next weeks meals.:j:j My Savings Goal: £10,000 by 2020 :j:j
The £1000 Emergency Fund #91 £150/£1000
2015 £2 Savers Club #115 £00 -
Welcome to #95, bestfootforward. Just remember, it's nt a race but a way of life.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)0 -
Can I be added to this please. I am joining with the grand total of £13.36!
Definitely inspired by everyone on here so it's given me the kick up the bum I need to get started.0 -
Hi *DramaQueen*,
Welcome to this very inspirational thread, Patman will be along soon to allocate you a number. Well done on putting funds in place ready, you are on your way already.
#45 checking in with the usual SO payment gone over so EF now standing at £270 - signature updated to reflect
Congrats to everyone else on the thread too, even if you have had to use some of the EF, if you hadn't been so committed when you didn't need it then it wouldn't have been there to use so you should all be extremely proud of your progress.
Keep up the good work everyone
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If you can't be the best -
Just be better than you were yesterday.0 -
Afternoon Everyone :j
Had a few too many pennies in my current account which I was using as stock, but with the new tax year looming, I wanted to use up as much of my allowance as possible.
I transferred across a little extra this month so I'm now at £400.00
I cant wait to his the big £1,000, which would double my current savings.
MrCFSaving for that dream holiday0 -
BuildingBricksOfGold wrote: »What a great start to the weekend! :beer: my only gift from the postman was my annual council tax statement! What sort of things were you surveying?
It's cold and horrid outside so I'm going to do a bit of batch cooking and plan next weeks meals.
All sorts of thingsAlso paid to click etc. Get small credit for just joining the site. Not sure if I'm allowed to post the link on here?
How did batch cooking and meal planning go? I keep trying to do it but haven't managed any this weekend£1000 Emergency Fund Challenge #92 £302.55/£1000 (30.2%)0 -
Added £35 to the fund which takes me up to £153
So 15.3%
Saving for Christmas 2017 £120/£400 :beer:0 -
Welcome *DramaQueen* you are #96.
I intend to start adding to my EF once I have a clear picture of what I am going to be left with at the end of each month. The hourly rate is not bad in my new job, but it is only 32 hours a week, so am in the process of claiming WTC otherwise I will be in the position of my outgoings being 99% of my income.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)0 -
#62
Oooops my Emergency Fund is back down to £1.00 cos I have cleared my final debit (a bank loan) and am Debit Free again!!!
This time I am sticking to it! No more debt!!!!
But am I at baby step 1 or 3??Debt free 24/03/2015./ On Dave Ramsey's Baby Step 3./Full Emergency Fund 2500/6000./ Got mortgage on the 28/08/15./ 2015 MFW #117 1242.89/20000 -
Stereochild
Many congratulations on being DEBT FREE:T:T:T
The ideal way to use an EF, IMO, because now you can concentrate on building up some funds to help cover whatever life throws at you without having to get into debt again:j
Not sure what the 'baby steps' that you mention are, sorry:o. is it something to do with Dave Ramsay? I expect someone more knowledgeable than me will be along soon to answer your question.
Enjoy your debt free day:beer:0
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