If emergency savings isn't usable in an emergency, then what is it for?
My thoughts exactly. Instead of taking out a loan and paying another person interest, when not pay yourself back over time and make some interest on your own money? If you command a high salary, it should be no sweat off your back.
I understand what you are saying and I think you are right. They say everyone should have an emergency fund and I completely identify with you never wanting to live paycheck to paycheck ever again. I never thought I would either, then my wife got sick, but thats another story. Anyway I get what you are saying and you want to keep some money for lets call "really big emergencies" as opposed to this with is just a run of the mill emergency. Anyway good luck.