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16 minutes ago
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Married 29 Years, A Nurse Built A Real Estate Portfolio Alone. 'He Goes To Play Golf Whenever He Gets A Chance,' She Says About Her Husband
After nearly three decades of marriage, Linda, a 64-year-old nurse from Roanoke, Virginia, says she feels like she's carrying the financial weight of two people. Her husband, also 64, earns about $45,000 a year. Linda makes $115,000. They still owe $180,000 on their home, which is now worth around $400,000. She wants to pay it off before retirement. He refuses. Separate Accounts, Separate Lives 'He just does not want to pay the house off,' Linda said on 'The Ramsey Show' with Dave Ramsey and John Delony. 'I've tried to put my foot down and say, 'When we retire, we're not going to want a house payment.' But he's definitely not on board with that.' Don't Miss: Accredited Investors: Grab Pre-IPO Shares of the AI Company Powering Hasbro, Sephora & MGM— 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can The couple keeps their finances mostly separate. They have separate accounts, a house account for bills and groceries, and a joint savings for big repairs. But the rest? Completely divided. She owns two rental properties. He's not involved with either. 'When I bought the first round of property, he didn't want any part of it,' she said. So she just ran it on her own. 'I only owe $12,000 on it, so I'm getting ready to pay it off next.' Her second property, purchased to help her daughter-in-law who was battling cancer, has about $62,000 left on the mortgage. Linda is aggressively snowballing her debts and recently paid off both of their cars. 'He likes his comfy job and he goes to play golf whenever he gets a chance,' she said. 'That's pretty much it.' Trending: $100k+ in investable assets? – no cost, no obligation. This Isn't a Finance Problem The hosts didn't sugarcoat their responses. 'That's not a marriage,' Delony said. 'That's a couple of roommates.' The hosts emphasized that Linda's situation isn't really about money and Delony described the situation as a marriage issue, pointing to the absence of alignment and any shared plan between the couple for handling life's challenges. Ramsey called the financial imbalance and emotional distance between Linda and her husband 'painful.' He said Linda must decide whether to keep going on this path or force a turning point: counseling, confrontation, or separation. Ramsey warned that Linda's husband has no retirement savings of his own, contributes nothing to their financial future, and yet will end up relying on her retirement funds. 'He's going to retire and eat out of your retirement because he doesn't have any retirement,' Ramsey said.A Cautionary Tale For Younger Couples Toward the end of the segment, both hosts turned their attention to younger listeners. 'Please, for God's sake, don't call it love to marry someone that you are not aligned with like that,' Ramsey said. 'That's not love. It's permanent roommate lust.' As for Linda, the hosts weren't hopeful that much would change. 'I wish I'd found you 28 years ago,' Ramsey said. At this stage, it seems likely she will continue managing everything on her own, just as she has for decades. Read Next: The average American couple has saved this much money for retirement —?Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Married 29 Years, A Nurse Built A Real Estate Portfolio Alone. 'He Goes To Play Golf Whenever He Gets A Chance,' She Says About Her Husband originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Yahoo
16 minutes ago
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MMP Capital Closes Inaugural Asset-Backed Securitization with Strong Investor Backing
The successful MMP Capital 2025A securitization highlights growing investor appetite for sector-focused ABS deals. Backed by medical aesthetic loans, the transaction attracted strong institutional interest, enabled pricing advantages, and marked MMP Capital's strategic expansion into public capital markets and new asset Courtesy of MMP Capital FARMINGDALE, N.Y., Aug. 04, 2025 (GLOBE NEWSWIRE) -- MMP Capital has announced the successful closing of its inaugural Asset Backed Securitization (ABS) transaction. The offering, MMP Capital 2025A, issued $192 million in notes backed primarily by loans secured by medical aesthetic equipment contracts. Demand from the institutional investment community exceeded all expectations. The notes drew thirty-five orders from twenty-seven unique investors, and at final pricing were nine times oversubscribed. The oversubscription allowed MMP Capital to substantially tighten spreads from launch to close, indicating deep market confidence in the credit quality of the underlying assets. The senior tranche of the deal earned a Moody's rating of Aa3, signaling a strong endorsement of the structure and asset performance.'MMP Capital 2025A's overwhelming reception underscores the trust and confidence investors have in our business, our differentiated value proposition for customers and partners, and our disciplined approach to risk,' said John-Paul M. Smolenski, CEO of MMP Capital. 'This inaugural ABS marks a pivotal milestone in our strategy to expand our existing business and explore new asset classes.' The company has built a national footprint by providing flexible, high-speed financing tailored to small business needs. Its specialization in the medical aesthetic space has helped establish a consistent asset base, equipment loans with durable collateral and recurring demand that proved attractive to ABS investors. The securitization marks the company's entry into the public capital markets, providing additional liquidity to expand its financing offerings and reach more customers in established and emerging verticals. It also signals institutional recognition of the quality and performance of MMP Capital's portfolio. The strong reception reflects broader investor interest in asset-backed securities tied to high- performing, sector-specific lending platforms. With many ABS markets seeing increased selectivity amid macroeconomic uncertainty, the scale of demand for MMP Capital 2025A stands out. The company's history of underwriting discipline and loan performance helped drive favorable pricing, even as many issuers face more cautious markets. For more information, visit About MMP Capital MMP Capital was founded in 2013 with a mission to be the gold standard in healthcare equipment finance in the U.S. Led by a management team with vast experience in sales, credit, and operations from several banks, leasing companies, and funding institutions, MMP Capital is uniquely equipped as a hybrid lender to lend directly or utilize a vast syndication outlet. The company's financing options for equipment financing, leasing, and unsecured capital offer U.S. businesses the opportunity to invest in their future, update outdated technology, or offer new services to customers. Contact Information Jamie O'ConnorDirector of Marketing & BrandingMMP Capitaljoconnor@ o: (516) 308-6946 | m: (917) 902-7595 | f: (516) 400-2071 A photo accompanying this announcement is available at in to access your portfolio
Yahoo
16 minutes ago
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What's on the Aug. 5 primary ballot in Greater Lansing?
LANSING — Aug. 5 is Election Day in many communities across the Lansing region, and, if you haven't voted already, here's what's on the ballot for Greater Lansing on Tuesday. Polls are open from 7 a.m. to 8 p.m. Aug. 5, for both in-person voting and to drop off any last minute absentee ballots. Voters who have not yet dropped off their absentee ballots can also put them inside a ballot drop box in their community until 8 p.m. Aug. 5. Find a map of more than a dozen drop boxes in the city of Lansing here: Election Drop Box Locations for Lansing City Voters Only. Check on your voter registration and make sure you're voting at the right precinct by visiting here. All three public transportation agencies are offering free rides to the polls. The Capital Area Transportation Authority, EATRAN and Clinton Transit ask voters to notify the bus driver they are going to vote, and no ID is required to ride. Here's what on local ballots: Lansing Lansing has mayoral and city council candidates on the ballot. There are five candidates for mayor, 10 candidates for an at-large race and three candidates for Ward 4. Lansing mayor City voters will pick the top two candidates, out of a field of five, who will compete in the November general election with a four-year term at stake. Running are incumbent Mayor Andy Schor and challengers Brett Brockschmidt, Jeffrey Brown, David Ellis and Kelsea Hector. Lansing City Council at-large seats The at-large race, with 10 candidates, will be narrowed to four for the November election. After the Nov. 4 election, the top two vote getters will go on to become at-large council members. The packed at-large race has no incumbents, although Jeremy Garza is a sitting council member in a Ward 2 seat looking to move into an at-large position. Garza is running alongside Miles Biel, Aurelius Christian, Gloria Denning, Clara Martinez, Nick Pigeon, Jonah Stone, Olivia Vaden, Julie Vandenboom and Tirstan Walters. Lansing City Council Ward 4 The other council seat on the primary ballot, Ward 4, will see three candidates narrowed to two. The Ward 4 race also has no incumbents, although Peter Spadafore is a sitting council member in an at-large seat looking to move into a ward position. Spadafore is running alongside Heath Lowry and Zacharie Spurlock. More: Can downtown apartments offset loss of state workers? Lansing mayor candidates weigh in More: 10 Lansing candidates running for 2 at-large council seats. Here's where they stand on key issues More: What Ward 4 council candidates are saying about downtown Lansing construction, other issues More: Meridian Township senior center, Lansing parks among tax proposals on August ballot Parks millage proposal Voters in the city of Lansing will decide if they want to renew a 1-mill levy for operating the city's parks and recreation system. If it passes, the millage would be renewed for five years beginning on July 1, 2026. Renewing the existing millage would continue taxes of $50 a year for the owner of a home with a taxable value of $50,000. Lansing Township In Lansing Township, voters are being asked if they are willing to continue a franchise agreement with the Lansing Board of Water & Light in place since 2012. If passed, the proposal would authorize the collection of a surcharge not to exceed 5% of net revenues from BWL customers for a franchise fee for a term of 30 years. Meridian Township Meridian Township voters will consider two separate millage proposals intended to fund a 40,000-square-foot community and senior center proposed for Central Park Drive between the Central Fire Station and the U.S. Post Office. If both measures pass, the millage rate would go up by slightly more than 0.9 mills, beginning with the December 2025 tax bill, officials said. The proposals are written so that if one passes and the other fails, neither will take effect. One of the measures is a 0.557-mill construction bond proposal. The other would authorize a 0.347-mill levy to pay for operations. The owner of a home with the average taxable value of about $152,200 would see a tax increase of $138 per year, township officials said. A typical condominium owner would pay an additional $83 a year, they said. Bath Voters in the Bath School District will decide the fate of a proposed $26.8 million bond issue to improve facilities, build athletic-support and transportation buildings, buy schools buses and improve playgrounds and athletic fields. The estimated millage to be levied for the bonds in 2025 would be 3 mills. But if the proposal passes, schools officials said, the debt tax rate is expected to remain at 7 mills, meaning residents would see no increase in their taxes from this year. Eaton County Voters will see Democrat Rob Piercefield of Mulliken and Republican Andy Shaver in a special primary election for an open seat on the Board of Commissioners. The District 1 seat was vacated by former Commissioner Tim Barnes, who resigned for personal reasons early this year, and the rest of the board failed to appoint a successor. Both candidates will move on to a special election in November. District 1 includes Sunfield, Roxand, Vermontville, and Chester townships. Contact Mike Ellis at mellis@ or 517-267-0415. This article originally appeared on Lansing State Journal: What's on Tuesday's Lansing primary ballot? Solve the daily Crossword
