Rich Habits Podcast - podcast cover

Rich Habits Podcast

Austin Hankwitz and Robert Croak richhabitspodcast.com
Introducing the Rich Habits Podcast — a financial literacy podcast for anyone ready to take back control of their money by implementing new habits. Join Robert Croak and Austin Hankwitz every Monday, Thursday, and Friday as they demystify the financial habits of the rich, share their own mistakes and shortcomings, and lay out the blueprint for you to succeed with money. Robert is a decamillionaire with 30+ years of business experience and $200M+ of company exits under his belt, while Austin is an entrepreneur in his 20s eager to learn. 📬 Inquiries? Please email christian@witz.vc
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Episodes

85: Side Hustles for Busy People (including Parents)

In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz share their favorite side hustles for busy people (including parents). --- ⭐️ ⁠ Click here ⁠ to join our FREE webinar with NEOS Investments! 💥 ⁠Click here⁠ to sign up for the Rich Habits Network! 💥 ⁠Click here⁠ to subscribe to the Rich Habits Newsletter! --- ⚡️ Sign up for Moby to stay up-to-date on the markets in only 5 minutes per day, click here! --- 🎨 Skip the waitlist and invest in blue-chip art for the v...

Oct 07, 202440 minSeason 8Ep. 6

Q&A: Escaping Student Loans, Owning a Dog Grooming Business, & Dividend Investing

In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions! --- 🚀 Open a Bond Account on Public and receive a potential 6.5% yield on your money, ⁠click here!⁠ --- 🚀 Sign up for the Rich Habits Network so you don't miss out on the next big investment opportunity, ⁠click here!⁠ --- ⭐ Download our FREE Budgeting Template – ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⭐ Earn 5.1% on your savings with a High-Yield Cash Account – ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

Oct 03, 202441 min

84: How to Escape Living Paycheck to Paycheck

In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz share their three best tips on escaping the vicious cycle of living paycheck to paycheck. --- ⭐️ Click here to join our FREE webinar with NEOS Investments! 💥 Click here to sign up for the Rich Habits Network! 💥 Click here to subscribe to the Rich Habits Newsletter! --- 💰 Click here to get your 30-day extended free trial with Monarch Money , our favorite money app! --- 🎥 Click here to sign up for our free Q4 Forecast...

Sep 30, 202434 minSeason 8Ep. 5

Q&A: $230K Income Living Paycheck to Paycheck, 15 vs. 30-Year Mortgages, & How Inflation is Calculated

In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions! --- To review the Federal Reserve charts we mentioned during the episode, click here! Don't forget to subscribe :) --- Open a Bond Account on Public and receive a potential 6.5% yield on your money, click here! --- Sign up for the Rich Habits Network so you don't miss out on the next big investment opportunity, click here! --- ⭐ Download our FREE Budgeting Template – ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click h...

Sep 26, 202438 min

83: Is Art Investing Legit?

In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz explore the world of contemporary artwork. They're joining by Scott Lynn, CEO of Masterworks, to learn more about the asset class' historical returns, how their pieces are sourced, stored, as well as insured. With the recent volatility in the month of September (especially the first 10 days), having exposure to an uncorrelated asset class could be a great idea. Both Robert and Austin invest into fine art through Masterw...

Sep 23, 202440 minSeason 8Ep. 2

Q&A: $1.2M and "Broke," the Rat Race of Leasing, and Finding Balance w/ Investing and Spending

In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions! --- ⭐️ Join 450+ fellow podcast listeners in the Rich Habits Network! Click Here: ⁠⁠⁠https://www.skool.com/richhabitsnetwork/about⁠⁠⁠ --- ⭐️ Subscribe to the Rich Habits Newsletter! Your new favorite weekly newsletter :) Click Here: ⁠⁠⁠https://richhabits.beehiiv.com/⁠⁠⁠ --- ⭐️ Lock in your 6.6% yield with Public's Bond Account before it's too late! You only have a few weeks left before yields go d...

Sep 19, 202438 min

82: How to Buy Real Estate Like a Pro

In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz share their 6 best tips on buying real estate. --- ⭐️ Mortgage loan calculator, ⁠linked here!⁠ ⭐️ Join our weekly email newsletter covering the stock market and the economy, ⁠click here!⁠ ⭐️ Join the Rich Habits Network, ⁠click here!⁠ --- 💥 Get $250 when you open an account on Frec, ⁠click here!⁠ 💥 To get a 30-day extended free trial with Monarch Money, ⁠click here!⁠ --- ⭐ Download our FREE Budgeting Template –...

Sep 16, 202438 minSeason 8Ep. 3

Q&A: Stock Lending, Power of Attorney, and Buying a Home in Cash

In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions! --- ⭐️ Join 440+ fellow podcast listeners in the Rich Habits Network! Click Here: ⁠⁠https://www.skool.com/richhabitsnetwork/about⁠⁠ --- ⭐️ Subscribe to the Rich Habits Newsletter! Your new favorite weekly newsletter :) Click Here: ⁠⁠https://richhabits.beehiiv.com/⁠⁠ --- ⭐️ Lock in your 6.9% yield with Public's Bond Account before it's too late! You only have a few weeks left before yields g...

Sep 12, 202437 min

81: The Business of Pro Sports w/ Paul Rabil

In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz interview Paul Rabil about his journey as both an accomplished athlete and entrepreneur. ⭐️ Visit Paul's website: ⁠https://paulrabil.com/⁠ --- ⭐️ Join 443 other podcast listeners who've already subscribed to the Rich Habits Network! ⁠https://www.skool.com/richhabitsnetwork/about ⁠ --- ⭐️ Subscribe (for free) to the Rich Habits Newsletter. New commentary and analysis on the markets and the economy every Thursday morning!...

Sep 09, 202444 minSeason 8Ep. 2

Q&A: Tax-Free Income for Kids, Our Frugal Life Hacks, & Franchise Dos and Don'ts

In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions! --- ⭐️ Join 430+ fellow podcast listeners in the Rich Habits Network! Click Here: ⁠https://www.skool.com/richhabitsnetwork/about⁠ --- ⭐️ Subscribe to the Rich Habits Newsletter! Your new favorite weekly newsletter :) Click Here: ⁠https://richhabits.beehiiv.com/⁠ --- ⭐️ Lock in your 6.9% yield with Public's Bond Account before it's too late! You only have a few weeks left before yields go down. Cli...

Sep 05, 202446 min

80: How To Be Intentional With Your Money

In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz sit down with Jesse Mecham, the Founder of You Need A Budget. We've spent the last 12-months or so sharing our own perspective on budgeting, specifically by building your own Honest Budget. During this episode, we get the perspective from the guy who created the most widely-used budgeting app on the planet! Click here to learn more about their YNAB Method! --- ⭐️ Join 425+ other podcast listeners inside of the ⁠ Rich Ha...

Sep 03, 202453 minSeason 8Ep. 1

Q&A: RSP vs. VOO, $5K/month For Life, & the Best Advice We've Ever Received

In this week's episode of the Rich Habits Podcast, Robert and Austin answer your questions! --- 💰 Join 300+ members of the ⁠ Rich Habits Network, click here! ⁠ --- 👉 Public is your one-stop-shop for all things investing! Crypto, bonds, T-bills, stocks, and more. Be sure to sign up at ⁠⁠⁠⁠ Public.com/richhabits ⁠⁠⁠⁠ --- 👉 Join 45,000+ other investors and subscribe to the ⁠⁠⁠⁠ Rich Habits Newsletter! ⁠⁠⁠⁠ New editions published every Thursday. --- ⭐ Download our FREE Budgeting Template – ⁠⁠⁠⁠⁠⁠...

Aug 29, 202441 min

79: 3 Additional Ways to Generate Passive Income (2024)

⭐️ Join the ⁠ Rich Habits Network ⁠ before September 1st to lock in your price! --- In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz share three additional ways to generate yield inside of your portfolio -- especially as the Fed is now expected to begin cutting rates. --- ⭐️ Open an account with ⁠ Frec ⁠ to begin direct indexing countless indices and automatically tax-loss harvest! --- 👉 Join over 44,000+ other investors who read the ⁠⁠⁠⁠⁠⁠⁠⁠⁠ Rich Habits Newsletter!...

Aug 26, 202438 minSeason 7Ep. 10

Q&A: Retirement Investing for High Earners, the 1% Rule, & the Dow Jones Industrial Average

⭐ Join the Rich Habits Network! ⁠Click Here!⁠ --- In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions! --- 👉 Public is your one-stop-shop for all things investing! Crypto, bonds, T-bills, stocks, and more. Be sure to sign up at ⁠⁠ Public.com/richhabits ⁠⁠ --- 👉 Join 45,000+ other investors and subscribe to the ⁠⁠ Rich Habits Newsletter! ⁠⁠ New editions published every Thursday. --- ⭐ Download our FREE Budgeting Template – ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠cl...

Aug 22, 202432 min

78: How to Prepare for a Recession

⭐️ ⁠ Click here to join the Rich Habits Network! ⁠ There are already 185 loyal listeners who have joined, and we can't wait to have you join us too! :) --- In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz share their three best tips for preparing for an economic recession. After all of the headline news of economic turmoil, we wanted to make sure everyone listening to our show is completely prepared for whatever might come our way over the coming months. --- ⭐️...

Aug 19, 202435 minSeason 7Ep. 9

Q&A: Betterment's Core Portfolio, Investing in Student Housing, & ARMs

⭐ Join the Rich Habits Network! Click Here! --- In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions! --- 👉 Public is your one-stop-shop for all things investing! Crypto, bonds, T-bills, stocks, and more. Be sure to sign up at ⁠ Public.com/richhabits ⁠ --- 👉 Join 45,000+ other investors and subscribe to the ⁠ Rich Habits Newsletter! ⁠ New editions published every Thursday. --- ⭐ Download our FREE Budgeting Template – ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click her...

Aug 15, 202438 min

77: Analyzing BlackRock’s Favorite Investment Themes (2024)

In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz and joined by Jay Jacobs -- Head of Active and Thematic ETFs at BlackRock. Jay recently published his mid-year report for 2024, and you're not going to want to miss it. Here's a link to the report in case you haven't read it yet. In his report, Jay details two major investment themes -- AI and manufacturing. The purpose of this episode is for our listeners to learn about investment opportunities surrounding these themes...

Aug 12, 202447 minSeason 7Ep. 3

Q&A: Should I Buy an Investment Property, YieldMax ETFs, & Investing in My 70s

In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions! Should I invest my sinking fund? What's the difference between SPY and SPYI? Am I ready to buy an investment property? What do you think about YieldMax ETFs? How do I invest as someone in their 70s? What should I invest toward for an early retirement? We make $250K / year, what now? --- 👉 Public is your one-stop-shop for all things investing! Crypto, bonds, T-bills, stocks, and more. Be sure to s...

Aug 08, 202431 min

76: Markets Are Crashing.. What NOT To Do

In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz explain what NOT to do during market corrections. The stock and crypto markets are experiencing a healthy correction, with most indices down by -5 to -10% over the last few weeks. Over the long-term, this correction will simply be a blip on the radar. --- 👉 Register for our free angel investing / pre-IPO investing webinar, ⁠⁠ Click Here! ⁠⁠ --- 👉 Join over 43,000+ other investors who read the ⁠⁠⁠⁠ Rich Habits Newslett...

Aug 05, 202441 minSeason 7Ep. 7

Q&A: Recasting a Mortgage, Starting an ATM Biz, & Arbitraging Tax Refunds

In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions! Should I buy an ATM business? Take out a HELOC to invest? How do I buy the dip effectively? Can I arbitrage my tax refund every year? Should we sell our home and live overseas? FXAIX vs. VOO --- Don't forget to check your email inbox this morning! The ⁠⁠ Rich Habits Newsletter ⁠⁠ goes out every Thursday :) --- Register for our pre-IPO / angel investing webinar! ⁠⁠Click here!⁠⁠ --- Public has final...

Aug 01, 202439 min

75: How the Fed's Rate Cuts Impact Your Money

In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz break down how the Federal Reserve's rate cuts will impact your money. Specifically they talk about the real estate market (both residential and commercial), the stock market, your high-interest debt, as well as your high yield savings accounts. --- 👉 Register for our free angel investing / pre-IPO investing webinar, ⁠ Click Here! ⁠ --- 👉 Join over 43,000+ other investors who read the ⁠⁠⁠ Rich Habits Newsletter! ⁠⁠⁠ W...

Jul 29, 202444 minSeason 7Ep. 2

Q&A: Max My 401(k) or Roth IRA? Making $110K in the Military, & Should I Sell My Stocks?

In this week's episode of the Rich Habits Podcast, Robert and Austin answer your questions! Do I max out my Roth IRA or my 401(k)? How do I best help my dad get ready for retirement? I'm a 39 year old immigrant, what next? I make $110K in the Army, do I buy or rent? I'm up 100%, should I sell my stocks? --- Don't forget to check your email inbox this morning! The ⁠ Rich Habits Newsletter ⁠ goes out every Thursday :) --- Register for our pre-IPO / angel investing webinar! ⁠Click here!⁠ --- Public...

Jul 25, 202428 min

74: Our Disagreements with Dave Ramsey

In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz share their three biggest disagreements with Dave Ramsey. Despite popular belief, we're aligned with Dave on a few things... don't have a mortgage in retirement, get rid of the high-interest car debt, etc. However, there are a few things we completely disagree with. In this episode, we dive into them and explain our side of the story and why we believe our perspective will help the average American reach financial freed...

Jul 22, 202440 minSeason 7Ep. 2

Q&A: I'm Stuck in an MLM, Tactically How to Start a New Biz, & Buying vs. Leasing a Car

In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions! --- Don't forget to check your email inbox this morning! The Rich Habits Newsletter goes out every Thursday :) --- Register for our pre-IPO / angel investing webinar! Click here! --- Public has finally launched options trading on their platform! To create an account and begin trading options, ⁠⁠⁠⁠⁠⁠⁠⁠⁠click here!⁠⁠⁠⁠⁠⁠⁠ --- ⭐ Download our FREE Budgeting Template – ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ...

Jul 18, 202455 min

73: Building a 7-Figure Empire w/ Jaspreet Singh

In this episode of the Rich Habits Podcast, we sit down with entrepreneur and real estate mogul Jaspreet Singh . While Jaspreet is the CEO of Briefs Media, you might instead recognize him from his YouTube channel Minority Mindset. Jaspreet shares with us why it's important to work on the business and not in the business, how he began to grow his real estate empire, and his biggest lessons along the way. Here's Jaspreet's Instagram account and YouTube channel ! --- 👉 Register for our free angel ...

Jul 15, 202435 minSeason 7Ep. 5

Q&A: $500K in Savings, Defining High Interest Debt, & the Best Way to DCA

In this week's episode of the Rich Habits Podcast, Robert and Austin answer your questions! --- Should I convert my Traditional IRA into a Roth? What should I do with $500K in savings? What exactly is high interest debt? How should I allocate $120K across investments? How do I DCA a lump sum of cash? What should I do as someone making $10K / month? --- Join our pre-IPO / angel investing webinar , click here! --- Subscribe to the Rich Habits Newsletter , ⁠⁠⁠⁠⁠⁠⁠⁠click here!⁠⁠⁠⁠⁠⁠⁠⁠ --- Public has...

Jul 11, 202437 min

72: Financial Checklist for Parents (Current & Future)

In this episode of the Rich Habits Podcast, Robert and Austin walk through a 10-point financial checklist every parent needs to complete. Every single one of these points will cause a material change in the financial outcome of your child. Generational wealth is the goal, let's get there together! --- Join us for our pre-IPO & angel investing webinar! August 8th at 4p ET. Register now! --- Invest into physical gold through your Roth IRA using Preserve Gold . Click here! --- Find term-life in...

Jul 08, 202442 minSeason 7Ep. 1

Q&A: Buy a House or Build My Base, 7% 401(k) Match, & Selling a Business for $1.5M

In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions! Should I buy a house or build my base? When am I ready to buy single stocks? What do I do about this match on my 401(k)? Should I max out my 401(k)? What is a bridge account? When am I ready to trade options? Should I sell my business for $1.5M? --- Subscribe to the Rich Habits Newsletter , ⁠⁠⁠⁠⁠⁠⁠click here!⁠⁠⁠⁠⁠⁠⁠ --- Public has finally launched options trading on their platform! To creat...

Jul 04, 202450 min

71: The #1 Cause of Bankruptcy in the USA

In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz get personal with their own life situations and past traumas. We share our own perspectives on aging parents, as well as how to prevent the #1 cause of bankruptcy in the USA. --- Learn more about long-term care insurance & term life insurance by visiting Suriance's website: suriance.com/richhabits --- Sign up for your 30-day free trial of the all-in-one personal finance app, Monarch Money! Visit monarchmoney.com/hab...

Jul 01, 202444 minSeason 7Ep. 1

Q&A: Retirement Investing as an Entrepreneur, Cashing out the 401(k), & Co-Signing Student Loan Debt

In this week's episode of the Rich Habits Podcast, Robert and Austin answer your questions! How should I split my 401(k) between Blue Chip funds and Target Date funds? Should I pay off student loan debt or invest? What are my retirement investing options as a real estate agent in Tampa, FL? How do I increase my passive income if I get laid off at work? I want to cash out my 401(k) to invest in real estate, is this a good idea? How am I taxed on SPYI and QQQI? --- Subscribe to the Rich Habits New...

Jun 27, 202441 min
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