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Yahoo
2 days ago
- Business
- Yahoo
She Spent Years Paying Off $300,000 In Student Debt. Now That It's Gone, This Doctor Wants To Quit Her $190,000 Job
Kristina, a physician from Cedar Rapids, Iowa, called into 'The Ramsey Show' with a surprising dilemma. After spending four years paying off over $300,000 in student loans, she said she no longer wants to work full time. 'I feel crazy saying this,' she told hosts Dave Ramsey and John Delony. 'But I don't want to return to work.' Kristina, who just had her third child, explained that she's feeling burned out and wants to stay home with her kids. Her husband, who had been working part-time and caring for their other children, recently started a full-time job at a bank. He currently earns $56,000 a year, with the potential to reach $70,000 after training. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can If she were to return to work, she would earn around $190,000 annually. Quitting would mean a massive income drop, but Kristina said that part doesn't scare her. They would be able to make it on $70,000, she said, as their only debt is a $95,000 mortgage, and they have about $230,000 saved for retirement. When asked if she was fully done with medicine, Kristina said she wasn't sure. 'It's really hard to give my all to my husband and my children when I always have that stress on me,' she said. She already reached out to a few rural hospitals about possibly working one or two days a week in the future, when the baby is older. Trending: Maximize saving for your retirement and cut down on taxes: . Ramsey and Delony encouraged her to take a break but urged her not to completely walk away from the profession. 'You have paid such a price of commitment and diligence to become a doctor and then to pay off the $300,000,' Ramsey said. 'To go do nothing with it for the rest of your life seems extreme.' Delony pointed out that many physicians who step away often come back to the field in some form. Ramsey agreed and gave this advice to her: 'I would quit doing what you're doing so that you can be with your kids... I wouldn't work the hours you're working. I would not stay in the $190,000 position,' he said. 'But I would try to find some greatly reduced middle ground that you can stand on because I think you'll be happier.'Kristina seemed open to that. She said maintaining her medical license wouldn't be difficult and that she'd consider light telemedicine or rural clinic work. Ramsey noted that even part-time work could still result in significant income: 'You're going to make plenty of money... the natural result of that is going to be $100,000 a year probably.' The hosts praised Kristina and her husband for their financial discipline. 'Good for you guys,' Ramsey said. 'Very well done.' Read Next: 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 She Spent Years Paying Off $300,000 In Student Debt. Now That It's Gone, This Doctor Wants To Quit Her $190,000 Job originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
10 things you need to know about Lakers' new majority owner Mark Walter
The post 10 things you need to know about Lakers' new majority owner Mark Walter appeared first on ClutchPoints. For the first time since 1979, the Buss family will no longer own the Los Angeles Lakers, with Mark Walter purchasing the team at a valuation $10 billion. Advertisement This move, understandably, took the sports world by storm, as it majorly shook up one of the most popular teams in one of the biggest cities in one of the biggest leagues in the world, with potential ramifications the likes of which won't be known for years to come. But who is Mark Walter, the first new owner of the Lakers in almost five decades? Where is he from, how did he get his money, and how does he now own multiple major franchises in Los Angeles? Needless to say, his journey to the Lakers is fascinating. © Jayne Kamin-Oncea-Imagn Images 1. Mark Walter isn't from LA Though he may own what feels like half of the biggest teams in Los Angeles, Mark Walter isn't actually from LA County. Advertisement Born in Cedar Rapids, Iowa, Walter grew up in the Midwest, where his father worked at a concrete block manufacturing plant, and he grew up a Cubs fan. 2. Mark Walter went to Creighton for his undergrad Despite his Midwest roots, Walter went to college at Creighton University in Omaha, Nebraska. Walter studied accounting and ultimately earned a bachelor's degree in 1982. 3. Mark Walter has a law degree from Northwestern After completing his undergraduate studies, Walter traveled to Chicago to pursue a law degree at Northwestern University. While getting to watch his favorite baseball team on the regular, Walter also met his wife, Kimbra, in Chicago, with whom he remains married to this day. 4. Mark Watler earned his money from insurance How was Walter able to put down $10 billion to purchase the Lakers? Well, Walter earned much of his money from the insurance industry, where he has been working professionally since 2000. After founding his first major company in 1996, Liberty Hampshire Company, Walter shifted over to insurance in 2000 when he decided to found a new company with the Guggenheim family. 5. Mark Walter is a founder of Guggenheim Partners Outside of his sports portfolio, Mark Walter is best known for being the founder of Guggenheim Partners, one of the world's biggest insurance companies. Advertisement Founding the company with Peter Lawson-Johnson II, the firm has assets under management of $330 billion. With Walter as the CEO, Guggenheim has become one of the biggest companies in the world and has ventured out into sports ownership with the launch of Guggenheimer Baseball Management. Kirby Lee-Imagn Images 6. Guggenheim Management purchased the Dodgers in 2012 In 2012, the Dodgers were put up for sale after then-owner Frank McCourt was investigated by MLB, and the team filed for Chapter 11 Bankruptcy. After failing to purchase the Astros years prior, Walter and the Guggenheim Group put together a package worth north of $2 billion to buy the team outright, purchasing the team, their affiliates, their stadium, and the land around it, but, curiously enough, not the parking lot, which LA rents for $14 million a year. 7. Mark Walter personally owns 27 percent of the Dodgers Though the Guggenheim Baseball Management group is the primary owner of the Dodgers, Walter does have a stake in the team personally at 27 percent after personally putting up $100 million to help purchase the team. 8. Magic Johnson is a minority owner of the Dodgers, too As many fans around LA know, Lakers legend Magic Johnson is also a minority owner of the Dodgers, helping the Guggenheim group with their purchase back in 2012. Though his name was in many headlines at the time regarding the purchase, Johnson remains a single-digit owner of the team. Kyle Terada-Imagn Images 9. Mark Walter already owns the Los Angeles Sparks Before he purchased the Lakers, Walter and Johnson came together to buy the Los Angeles Sparks, with the Guggenheim CEO owning a sixth of the franchise. Under Walker's leadership, the Sparks have won two conference titles and a WNBA Championship in 2016. 10. Mark Walter has been the Lakers' owner-in-waiting While the news of Walter buying the Lakers caught the sporting world by surprise, it's technically been an option for some time now, as when he purchased 20 percent of the team in 2021 from Philip Anschutz, he was given the ability to become majority owner should the opportunity arise in the future. Advertisement Were the Lakers going to be put up for sale publicly? It's hard to say, but after holding a fifth of the team for multiple seasons, Walter was able to buy the franchise outright at a valuation $10 billion. Related: Lakers rumors: Nick Wright predicts Austin Reaves' trade value after Desmond Bane deal Related: Sources: Why Lakers rivals hoped Jeanie Buss would never sell franchise
New York Times
3 days ago
- Sport
- New York Times
Twins prospects stock watch: Culpepper's first year, Gasper stuck in St. Paul, Jenkins returns
This year's MLB Draft is less than a month away — July 13-14 as part of the All-Star week festivities in Atlanta — and the Minnesota Twins hold the No. 16 pick, with mock draft season in full swing. That also means it's coming up on one year since the Twins used their 2024 first-round pick, No. 21, on Kansas State infielder Kaelen Culpepper. And they have to be thrilled with what they've seen from him so far. Advertisement Culpepper is having an excellent first half at High-A Cedar Rapids, batting .297/.388/.474 with eight homers and 15 steals in 52 games as a 22-year-old playing in a pitcher-friendly environment where the league-wide slugging percentage is just .365. Culpepper has out-produced the Midwest League average by 157 points of OPS while facing pitchers older than him three-quarters of the time. And in contrast to his reputation as a free-swinging hitter in college, he's drawn 25 walks compared to 37 strikeouts in 240 plate appearances. Culpepper doing what Culpepper does. 💣#CRKernels | #CRWIS — Cedar Rapids Kernels (@CRKernels) June 4, 2025 Some pre-draft scouting reports suggested Culpepper would need to slide from shortstop to third base, but Cedar Rapids has played him exclusively at shortstop and the early reviews of his work there are very positive, with praise for his strong arm, athleticism, body control and instincts. Like many young hitters, Culpepper still chases too many pitches outside the strike zone. For now, his fantastic bat-to-ball skills make it a non-issue, but that could be exploited by more experienced pitchers as he moves up the minor-league ladder. He'll also need to elevate more pitches to fully tap into his power potential. Extra-base hits come from fly balls and line drives, but Culpepper's ground-ball rate is among the highest in the Twins' farm system, making it premature to project substantial long-term power without a change. Big picture, Culpepper is off to a highly encouraging start as the first anniversary of his draft approaches. He's answered questions defensively, he's producing offensively in a tough environment and he's already started to appear on top-100 lists, with a Double-A promotion hopefully imminent. As the Twins' lineup fails to generate offense consistently, it's worth noting Mickey Gasper is in St. Paul absolutely destroying Triple-A pitching for the second straight season. Advertisement There's natural skepticism surrounding Gasper, because he's a 29-year-old journeyman generously listed at 5 feet 10 and has struggled in several brief stints in the majors. He's also very limited defensively, which makes it hard to find a roster fit unless the Twins think his bat can make a real impact. Gasper flopped in two brief stints with the Twins earlier this season, hitting .176 with a bunch of weak contact, but the sample was minuscule: 34 at-bats spread across 17 games, with a start in consecutive games just once. Good or bad, there are no meaningful conclusions to draw from that. It's difficult to 'prove yourself' in 34 sporadic at-bats, but that's the reality veteran minor leaguers like Gasper will often face once the 'Quad-A player' label is attached. They need to produce well right away in whatever small opportunity they get in the majors or risk never getting a longer look. M-I-C, C YOU LATER, K-E-Y, Y CAUSE HE CRUSHED IT, H-O-M-E-R. This is not a replay, Gasper has done it again. Solo homer to right, his second of the night and ninth of the season, ties the game at two. Third time in his career he's homered twice in a game. — St. Paul Saints (@StPaulSaints) May 25, 2025 Maybe the skepticism is justified in Gasper's case, but there's only one way to find out for certain. And it's not as if a Twins lineup that's been among the league's worst since the second half of last season can't spare a few at-bats for a hitter who's been exceptional — not just good — in the minors. Gasper has hit .329 with 10 homers and a 1.066 OPS in 37 games at Triple-A St. Paul this year after hitting .367 with eight homers and a 1.062 OPS in 48 games at Triple-A Worcester in the Boston Red Sox's farm system last year, leading the International League in OPS both seasons. Advertisement And he's not an all-or-nothing slugger with a red flag-raising strikeout rate — the opposite, in fact. While hitting .350 with a .612 slugging percentage in 85 total Triple-A games the past two seasons, Gasper also has more walks (53) than strikeouts (48) and a league-best .453 on-base percentage. Among all International League hitters with at least 350 plate appearances over the past two seasons, no one has an OPS within 100 points of Gasper: It's certainly not an apples-to-apples comparison because of Gasper's age, but each of the other four hitters listed is in the big leagues. Of note, Kyle Manzardo is second on the Cleveland Guardians with 11 homers and recent Red Sox call-up Roman Anthony is MLB's consensus No. 1 prospect. Is it possible for someone to be that great against Triple-A pitching and not be able to hit MLB pitching even a little bit? Sure, it does happen. But most hitters with that type of Triple-A production over multiple years can at least be competent in the majors if given an extended chance to prove it. Gasper may never get that extended chance, with the Twins or elsewhere. But six months ago, they were intrigued enough to trade for him, and three months ago, they saw enough to give him a spot on the Opening Day roster. Gasper warrants skepticism, but he warrants more than 34 at-bats, too. Twins top prospect Walker Jenkins rejoined the Double-A Wichita lineup after rehabbing an ankle injury in the low minors for two weeks. Jenkins played the first two games of the Double-A season before being placed on the injured list with the same ankle problem that also sidelined him during spring training. Back in the Wichita lineup Wednesday for the first time since April 6, he went 1-for-3 with a single and two walks. Jenkins was the No. 5 pick in the 2023 draft out of high school and emerged as a consensus top-10 prospect coming into the season, ranking higher than any Twins prospect since Byron Buxton a decade earlier. And even missing nearly two months of action hasn't caused Jenkins' stock to slip much. WALKER. CLAY. JENKINS.💣💣💣 The top prospect in the #MNTwins system gives us the lead with a mammoth, go-ahead homer💪 Top 8 | Mussels 4, Cardinals 2 — Fort Myers Mighty Mussels (@MightyMussels) June 7, 2025 Still only 20 years old, Jenkins slotted No. 11 on The Athletic's midseason list, with Baseball America ranking him No. 12 and keeping him in the top 10 at No. 6. Ankle and hamstring injuries have delayed his rise, but Jenkins is still the third-youngest hitter in the Double-A Texas League. Advertisement He's batted .298/.400/.461 with 10 homers, 45 total extra-base hits and more walks (74) than strikeouts (69) in 120 career games while stealing 27 bases in 34 attempts and playing a solid center field. And if he can stay healthy, he could move very quickly. (Photo of Culpepper throwing out a first pitch at a Twins game last year: Matt Krohn / Associated Press)
Yahoo
14-06-2025
- Politics
- Yahoo
Iowa Secretary of State Paul Pate says he'll seek a fifth term in office in 2026 election
Iowa Secretary of State Paul Pate will seek a fifth term in office. Pate, a Republican, announced June 14 that he would run for reelection in 2026. 'I am thrilled to announce that I will once again be running to serve as your secretary of state, because we're not done yet,' said Pate in a video announcing his candidacy. In his announcement, Pate detailed key accomplishments the state has achieved under his leadership. 'Throughout my life as a public servant, I've been guided by three core principles: service, participation and integrity,' Pate said. 'During my time as Iowa Secretary of State, we've broken numerous records for voter registration and participation, we've been recognized as a top state for election administration and integrity and even earned awards for cyber security measures, accessibility for the disabled community, and poll worker recruitment and voter outreach.' He went on to discuss the importance of secure elections and promised to continue his mission of ensuring 'every Iowa business thrives (and) every eligible vote counts.' Pate previously served as Iowa's secretary of state from 1995-1999. He lost a primary bid for the Republican nomination for governor in 1998 and served as mayor of Cedar Rapids from 2002-2006. He ran again for secretary of state in 2014 before running for the office again in 2014. He won reelection in 2018 and 2022. The most recent election saw Pate defeat Democrat Joel Miller with 60% of the vote, compared to Miller's 39.9%. His current term will end on January 1, 2027. Pate has supported several changes to Iowa's election laws during his terms in office. Most recently, he backed a bills that give his office more tools to verify a voter's citizenship status and standardizes recount procedures. The legislation comes in response to the chaotic weeks leading up to the 2024 election, when Pate instructed county auditors to challenge the ballots of 2,176 registered voters who he suspected were not citizens based on a faulty list from the Iowa Department of Transportation. Ultimately, his office found 277 noncitizens on Iowa's voter rolls, including 35 noncitizens who successfully voted in the 2024 election and five more who tried to vote but had their ballots rejected. The last-minute moves faced criticism and legal challenges. Throughout his career, Pate has also served as a state senator and president of the Iowa League of Cities. He was unanimously elected president of the National Association of Secretaries of State in 2019, according to his campaign website, 'I'm Paul Pate, your secretary of state,' the video concluded. 'And I'm asking for your vote.' Norah Judson is a reporter for the Register. Reach her at njudson@ This article originally appeared on Des Moines Register: Iowa Secretary of State Paul Pate to seek reelection in 2026
Yahoo
14-06-2025
- Politics
- Yahoo
Iowa Secretary of State Paul Pate says he'll seek a fifth term in office in 2026 election
Iowa Secretary of State Paul Pate will seek a fifth term in office. Pate, a Republican, announced June 14 that he would run for reelection in 2026. 'I am thrilled to announce that I will once again be running to serve as your secretary of state, because we're not done yet,' said Pate in a video announcing his candidacy. In his announcement, Pate detailed key accomplishments the state has achieved under his leadership. 'Throughout my life as a public servant, I've been guided by three core principles: service, participation and integrity,' Pate said. 'During my time as Iowa Secretary of State, we've broken numerous records for voter registration and participation, we've been recognized as a top state for election administration and integrity and even earned awards for cyber security measures, accessibility for the disabled community, and poll worker recruitment and voter outreach.' He went on to discuss the importance of secure elections and promised to continue his mission of ensuring 'every Iowa business thrives (and) every eligible vote counts.' Pate previously served as Iowa's secretary of state from 1995-1999. He lost a primary bid for the Republican nomination for governor in 1998 and served as mayor of Cedar Rapids from 2002-2006. He ran again for secretary of state in 2014 before running for the office again in 2014. He won reelection in 2018 and 2022. The most recent election saw Pate defeat Democrat Joel Miller with 60% of the vote, compared to Miller's 39.9%. His current term will end on January 1, 2027. Pate has supported several changes to Iowa's election laws during his terms in office. Most recently, he backed a bills that give his office more tools to verify a voter's citizenship status and standardizes recount procedures. The legislation comes in response to the chaotic weeks leading up to the 2024 election, when Pate instructed county auditors to challenge the ballots of 2,176 registered voters who he suspected were not citizens based on a faulty list from the Iowa Department of Transportation. Ultimately, his office found 277 noncitizens on Iowa's voter rolls, including 35 noncitizens who successfully voted in the 2024 election and five more who tried to vote but had their ballots rejected. The last-minute moves faced criticism and legal challenges. Throughout his career, Pate has also served as a state senator and president of the Iowa League of Cities. He was unanimously elected president of the National Association of Secretaries of State in 2019, according to his campaign website, 'I'm Paul Pate, your secretary of state,' the video concluded. 'And I'm asking for your vote.' Norah Judson is a reporter for the Register. Reach her at njudson@ This article originally appeared on Des Moines Register: Iowa Secretary of State Paul Pate to seek reelection in 2026
