In honor of April's Financial Literacy Month, MainStreet took a closer look at how much money you should have in an emergency savings account. You never know what might happen: a job loss, an unexpected health emergency or maybe your refrigerator breaks down. Without enough liquid cash at your fingertips, all of these sudden expenses immediately turn into long-lasting financial nightmares. To be safe, make sure you have at least six months of expenses saved up in a separate and standalone account. If your monthly expenses are $2,000, aim to have $12,000 in your account. This money is to be used in the event of an emergency to cover your expenses until you're back on your feet. Combining this money with your existing checking or savings account could increase the urge to spend this money on stuff, rather than keeping it safe and sound for when hardship strikes.