A survey by the National Foundation for Credit Counseling revealed that a majority of Americans don’t have enough cash on hand to handle a $1000 emergency expense. Many people do live paycheck to paycheck, with little money free for emergencies. Traditionally, an emergency fund is recommended to be no less than six months worth of your usual expenses. This ensures you will not be caught should you suddenly become unemployed. But, as one blogger pointed out, this was when the average unemployment length rarely exceeded 20 weeks. With the average duration of unemployment having doubled, should your emergency fund double More…