Well this is scary. A general rule of money management is to have enough money saved to cover 6 months worth of expenses. According to CNN, most Americans don't have that covered.

While the general rule of thumb is to have an emergency fund that will cover at least six months of expenses, only 25% of Americans have that amount saved, research released Monday by Bankrate.com finds.

About 49% of Americans don't even have enough money saved to cover three months of expenses -- slightly worse than the 46% of Americans who reported having less than three months worth of savings last year.

And 28% don't have any cushion whatsoever -- up from 24% last year, according to the report, which was based on a survey of 1,000 adults.

Not a pretty picture at all when it comes to savings for Americans. Where do you fall in this? Do you have enough saved up just incase something happens?