It also reduces risk in the form of default, higher fees from late payments, increased interest rates from missed payments, and provides a buffer for unexpected

It also reduces risk in the form of default, higher fees from late payments, increased interest rates from missed payments, and provides a buffer for unexpected expenses down the road. Finance is very situational and when people talk about things in absolutes like the articles does, it can mislead people who have different circumstances, goals, proclivities, and risk profiles.