142: You Just Got a Raise! Don't Let Lifestyle Creep Steal It
Rich Habits Podcast
How Lifestyle Creep Gradually Locks You In
Austin and Robert discuss hedonic adaptation and why upgraded lifestyles are hard to downgrade once adopted.
In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz shares their strategies to help you build wealth after receiving a raise in your job.
---
💸 Want to invest into SpaceX, Perplexity, xAI, MrBeast, Graza, Acorns, and other category-defining companies alongside Robert and Austin?
---
🔥 Ready for a FREE 1% match on your IRA contribution or rollover? Sign up for Public and take advantage of that.
---
Want to see what's inside Robert and Austin's portfolios, as well as learn from other investors? Sign up for Blossom 🌸
---
🚀 Join 800+ other podcast listeners inside of the Rich Habits Network and invest alongside Robert and Austin?
---
⚡️ Sign up for the Rich Habits Newsletter and never miss a market-moving headline again.
---
⭐ Download our FREE Financial Planner – click here
⭐ Download our FREE Budgeting Template – click here
⭐ Download the 2025 Wealth-Building Workbook -- click here!
---
👤 Explore everything Austin does – click here
👤 Explore everything Robert does – click here
❓ Ask us questions for our Q&A episodes – @richhabitspodcast on Instagram
📬 Inquire about working together – christian@witz.vc
---
Disclosure: All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC.
Alpha is an experimental AI tool powered by GPT-4. Its output may be inaccurate and is not investment advice. Public makes no guarantees about its accuracy or reliability—verify independently before use.
*Rate as of 9/24/25. APY is variable and subject to change.
See terms and conditions of Public’s ACATS & IRA Match Program. Matched funds must remain in the account for at least 5 years to avoid an early removal fee. Match rate and other terms of the Match Program are subject to change at any time.
---
NEOS ETFs are distributed by Foreside Fund Services, LLC.
An investment in NEOS ETFs involves risk, including possible loss of principal. The equity securities purchased by the Funds may involve large price swings and potential for loss. A Fund’s income may decline when yields fall. Fixed income securities will decline in value because of an increase in interest rates.
Hankwitz Group LLC has an existing business relationship with NEOS Investment Management LLC. The opinions expressed are those of the author, and the author owns several NEOS ETFs.
The AI-powered Podcast Player
