<prompt> Human: Ive been reading a lot of posts on this sub lately and everyone agrees that an emergency fund is necessary. However it seems the concensus is to keep a minimal emergency fund and pay off significant debts first. Im graduating this semester and will be moving to the Oakland area in summer. Although my starting salary will be about 70k, the high rent 1600mo plus utilities in the area and my 80k of student loans makes me nervous about saving enough money.Should I build an emergency fund immediately or should I focus on paying down my student loans?  <response>: Yes. 