The amount you should have in your emergency fund largely depends on your lifestyle and income levels. Ideally, you should aim to create a fund that will cover at least three to six months of your expenses. In other words, no income days or unforeseen expenses can be unpleasant. To save yourself from such experience, create a good corpus. Analyse your income and expenses, create a budget plan and identify how much you would require to survive at least three to six months without any income.