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As a general personal finance rule of thumb, it’s best if housing costs don’t exceed 28 percent of household income. Based on this rule, the average millennial could afford to buy a home that costs up to $260,678, given an average annual income of almost $44,000. (This assumes a 30-year fixed mortgage with a 20 percent down payment at today’s interest rates.)
A new WalletHub report highlights the benefits of small businesses in the U.S. and ranks the best small cities to start a small business. Four of the top 15 small cities to start a business in are located in Florida; the worst are in California.
Senate Majority Leader Mitch McConnell, R-Kentucky, will introduce a bill next month to raise the national age of tobacco sales from 18 to 21, primarily to curb the rise in teenage vaping.
Cheryl has moved out of Liam Payne's Surrey mansion and has purchased a home in Buckinghamshire, where she will live with her son Bear and her mum Joan.
A day after the whirlwind news of a shakeup in the LSU athletic department, the school officially announced that Texas A&M athletic director Scott Woodward is coming back to his hometown to take the same position in Baton Rouge.