Should I Start SIPs or First Build an Emergency Fund?

[arjungoyal12]

I’ve just started earning and want to begin investing, but I’m confused. Should I first build an emergency fund or directly start SIPs in mutual funds? Some say it’s okay to do both together, others say to save first then invest. What’s the smarter approach?

 

[amitvicky]

If you have a good family support... then start SIP and also a small amount for building emergency fund.

Once you think you have a decent emergency fund then put that amount as well in SIP.

Anyways... You can always liquify your SIP in case of dire emergency.