Today's guest is Derek Notman a Financial planner in Madison Wisconsin who isn't entirely convinced that buying a house is a particularly good financial choice. Derek shares his experience and advice on a variety of subjects beyond real estate and home ownership... He explains why Cashflow is king. and why knowing Where your money comes from and where it goes is so important About knowing what you really want from life because If you don't know what you want, it's just too easy to do what everyone else is doing. Don't fall in love with a house until you fall in love with the financial picture of that house. Sure your friends are happy to have you visit their big beautiful home, but they don't tell you about the stress it may cause in their lives. And why he believes buying a home might just be one of the worst financial decisions someone can make.   Financial Planning and Advisor Fees reflect my typical fee for these services and are negotiable. Financial Planning Fees are typically collected in full at contract signing, though other arrangements may be available. The advisory fee is calculated and collected monthly. For the Representative Directed Program, the advisor fee range shown is a breakpoint and reflects the assessed advisor fee for all assets as each threshold is crossed. For all other Advisory programs there are two pricing options, the advisor fee range shown may be tiered, that is the range reflects the assessed advisor fee for the portion of assets within the stated band, or may be a breakpoint based on the proposed initial investment. This decision will be part of the discussion when establishing your account. The Financial Planning Agreement and/or the Statement of Investment Selection (SIS), each of which you will sign if you engage in a Financial Plan or open an Eagle account, will reflect your specific fees. For Advisory accounts please note that additional Money Manager, Platform, 12b1, and Expense Ratio fees may apply. You should reference Eagle's Wrap Fee or Firm Disclosure brochure, available at www.eaglestrategies.com/important-disclosures, for additional information on fees including how and when fees may change and the method of calculation. Derek Notman is registered as an Investment Adviser Representative, under Eagle Strategies LLC, a Registered Investment Adviser. Derek Notman, Intrepid Wealth Partners, 999 Fourier Drive, Madison, WI 53717. Intrepid Wealth Partners is not owned or operated by Eagle Strategies LLC and its affiliates. Eagle Strategies LLC and NYLIFE Securities LLC are New York Life Companies. *CFP® & Certified Financial Planner ® is a designation. *Derek Notman is registered as an Investment Adviser Representative, under Eagle Strategies LLC, a Registered Investment Adviser, offering advisory services in the states of CA, FL, TN, WI, CO, AZ, MN, MA, NY, NJ, NH, VT. As such, these services are strictly intended for individuals residing in WI, MN, MA, NY, NJ, NH, VT. **Derek Notman is also a Registered Representative of and offers securities products & services collectively through NYLIFE Securities LLC, Member FINRA/SIPC, a licensed insurance agency. In this regard, this communication is strictly intended for individuals residing in the states of CA, FL, TN, WI, CO, AZ, MN, MA, NY, NJ, NH, VT. No offers may be made or accepted from any resident outside the specific states referenced. Derek Notman is an agent licensed to sell insurance through New York Life Insurance Company and may be licensed with various other independent unaffiliated insurance companies in the states of FL, TN, WI, MN, IL, NY, MA, VT, CA (Derek’s - CA Insurance Lic. 0K35010). No insurance business may be conducted outside the specific states referenced. Intrepid Wealth Partners, LLC is not owned or operated by NYLIFE Securities LLC or its affiliates. ^Neither Eagle Strategies, LLC, its affiliates nor Intrepid Wealth Partners or its employees provide tax, legal, or accounting advice. Please consult your own tax, legal, or accounting professional regarding your particular situation. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, Certified Financial Planner™ and CFP® in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

Surviving The American Dream

STAD 009: Surviving The American Dream: An Interview with Derek Notman CFP

Christian Dy is a financial planner; but he prefers the term “financial educator.” In addition to guiding his clients on issues around financial planning, investment, and insurance, Christian also gives workshops to educate the public on how to make better financial decisions.  He works in Vancouver, BC where the cost of housing is prohibitively high, creating a real challenge to young people and families who want to buy a home.

STAD 008: Sacrificing for the Life You Want: An Interview with Christian Dy

Laura Bonarrigo a certified divorce coach and life coach shares her perspectives and experiences on the impact of home choice on marriage and divorce.

STAD 007: “Truing up” Your Personal Values On A Home Purchase: An Interview with Divorce Coach Laura Bonarrigo

Michael Palazzolo, a Certified Financial Planner with experience in housing counselling, shares his thoughts on finding the right home at the right price for your family.

STAD 006: Finances and Intentionality in a Home Purchase: An Interview with Michael Palazzolo

A discussion with Matthew Miglin about living within your means and finding the right home that supports your life while not going over budget.

STAD 005: Living Within Your Means;An Interview With Mathew Miglin

Stacey Powell from www.TheFinanceGym.com shares her experience on financial planning and the realities of a home purchase.  With practical insights and suggestions for getting your personal finances in order and making wise choices when it comes to choosing the right home.

STAD 004: Personal financial fitness, Choice and Intentionality in Home Buying. Surviving The American Dream: Stacey Powell of www.TheFinanceGym.com

An interview with Becky Wolfe from www.FrameToFreedom.com on home ownership, income properties and financial independence.  Becky bought her first home on her own at the age of 24 knowing very little about the realities of home buying.  Since then she and her husband have committed to pay down debt, live well within their means and together build a life of financial freedom.  Join us as Becky shares her journey.

STAD 003: Financial freedom, balance and income properties. Surviving The American Dream: Becky Wolfe of www.FrameToFreedom.com

This episode we discuss budgets, accountability and values as they relate to a home purchase and married life.  I interview Elizabeth Farrell who is a homeowner, mom and Co-Active life coach on the choices she has made and what she would recommend to others.

STAD 002: Budgets, financial accountability and values in choosing and owning your home. Surviving The American Dream: Elizabeth Farrell of www.sisterhawk.com: Elizabeth is a homeowner, mom and Co-Active Life coach.

Down payments, debt, saving, budgeting financial topics related to buying a home. Surviving The American Dream: Denise Downey of Financialtrex.com: Denise is a fee only financial Planner at www.Financialtrex.com

STAD 001: Down payments, debt, saving, budgeting financial topics related to buying a home. Surviving The American Dream: Denise Downey of Financialtrex.com: Denise is a fee only financial Planner at www.Financialtrex.com

The oversold and under-defined image of 'dream home' has far too many people spending too much for the wrong kinds of things. We will interview experts on making cautious and wise choices about home ownership.

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Surviving The American Dream

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