Daily Three: Cheap Energy, Lack of an Emergency Fund and Impact of Student Loan Debt on Retirement Savings
- Energy expenditures as a percentage of personal consumption expenditures has hit an all time low. Calculated Risk
- 47% of individuals do not have an emergency fund to cover an unexpected $400 expense. The Atlantic and The Federal Reserve
- A study found that for every additional dollar in student loan debt retirement savings decreases by $0.35. CNN
