[constantcrying]

What? This makes no sense, if you want to have money in case of economic trouble you obviously do not invest it. This is just contradictory, so you have to actually have the money in a savings account.

Over the decades you are paying off your loan you pay tens of thousands of dollars for having that savings. Each month of having that safety net will cost you money, the result will be that it takes you many years longer to pay it off.

I am not saying that in moderation it is a bad thing, but it certainly has serious downside, especially if you are tight on money.