

Rich Habits Podcast
Austin Hankwitz and Robert Croak
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.
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.
Episodes
Mentioned books

Aug 28, 2025 • 48min
Q&A: Starting a Franchise, Balance Transfer Credit Cards, & What NOT To Do In Real Estate
In a lively Q&A, the hosts tackle pressing listener inquiries about personal finance and investing strategies. They dissect the complexities of franchise investments, emphasizing due diligence and the risks of using debt. Exploring home equity, they warn about the volatility of certain assets while offering advice on liquidity for young investors. Personal anecdotes and practical insights on navigating financial landscapes are shared, ensuring a rich discussion of sound investment principles and the necessity of a solid financial foundation.

15 snips
Aug 25, 2025 • 33min
132: What The GENIUS Act Means For You & Your Money w/ Nick Elledge
Nick Elledge, CEO of Stablecore and a stablecoin expert, dives into the groundbreaking GENIUS Act, the U.S.'s first major cryptocurrency legislation. He highlights how this act reshapes the stablecoin landscape, enhancing consumer trust and reducing transaction costs in global commerce. Elledge explores innovative uses for cryptocurrencies in mortgage financing and how Bitcoin can serve as mortgage collateral. The conversation also touches on tokenized assets' potential to broaden financial access and essential retirement strategies for high earners.

13 snips
Aug 22, 2025 • 36min
Labubu Dolls, Record-High Corporate Bankruptcies, & Chamath's $250M SPAC
Discover how Pop Mart's Labubu dolls skyrocketed profits by over 400%. Dive into the startling rise in corporate bankruptcies, hitting a five-year high, and the implications for job markets. Explore the innovative landscape of SPACs, especially Chamath's new $250M venture focused on American values. Plus, hear about the entrepreneurial shift among young consumers prioritizing health, and the unique opportunities presented by baby boomers retiring without succession plans for their businesses.

8 snips
Aug 21, 2025 • 40min
Q&A: Separating From Active Duty, Buying Airbnbs To Lower My Taxes, & Living With My Girlfriend
Listeners dive into the important conversation about managing finances in romantic relationships, including shared expenses and investment strategies. The hosts emphasize the significance of financial independence prior to marriage. They discuss the benefits of investing in tech stocks and the unique financial challenges faced by military personnel transitioning to civilian life. There's also a focus on using short-term rentals to reduce tax liabilities and strategies for small business owners to optimize earnings through smart financial planning.

28 snips
Aug 18, 2025 • 30min
131: How to 70X Your Money
Discover how small financial habits can snowball into significant retirement wealth through early investing and compound interest. The discussion emphasizes mindful spending in your 20s and the power of starting with minimal amounts. Explore alternative investment strategies tailored for millennials and the importance of managing debt before diving into investing. Consistency is key! The hosts highlight how staying informed can maximize your financial decisions and pave the way for future wealth.

34 snips
Aug 15, 2025 • 39min
Crypto Treasuries, Amazon's Same-Day Grocery Delivery & Chinese Chip Sales
Explore the rise of crypto treasury companies and their impact on traditional asset models. Discover how significant acquisitions in Ethereum could reshape cryptocurrency markets. Dive into the strategic control the U.S. holds over the AI chip supply chain amid global tensions. Lastly, learn about Amazon's game-changing same-day grocery delivery service, poised to revolutionize shopping and challenge traditional supermarket dynamics.

24 snips
Aug 14, 2025 • 55min
Q&A: High-Paying Job vs. PSLF, Aging Parents, & House-Hacking Too Soon?
Dive into the excitement of cryptocurrency as Bitcoin soars and Ethereum thrives. Explore the balance of managing student loans while saving for retirement and homeownership. Discover strategies for early financial planning, including the benefits of a Roth IRA. Unpack investment strategies that balance income and growth, tailored for young adults. Prepare for aging parents with long-term care insurance insights. Compare managed Airbnb funds versus personal rental properties for wise investments. Embrace simplicity in finance for greater control and success.

10 snips
Aug 11, 2025 • 33min
130: How To Overcome Your Emotions During Volatility
Explore personal strategies to manage emotions during market turbulence. The discussion highlights the significance of a long-term investment perspective and understanding market behaviors. Listeners learn about effective wealth-building practices using company fundamentals and disciplined investment choices. The hosts also tackle the delicate balance between immediate needs, like vehicle purchases, and long-term financial health. Finally, they emphasize the importance of emergency funds in navigating financial uncertainties.

23 snips
Aug 8, 2025 • 34min
Apple's $600B Investment, Crypto in Your 401(k), & Disney's Deal with the NFL
A huge $600 billion investment from Apple aims to boost U.S. manufacturing and job support, while a new executive order opens 401(k) plans to crypto and private equity. There's a deep dive into ESPN's deal with the NFL, highlighting evolving media strategies. The hosts also tackle the economic implications of AI spending and discuss insights into entrepreneurship. Practical tips are shared for starting a successful coffee shop and navigating the risks of franchise ownership. Overall, it's a fascinating blend of finance and business insights!

27 snips
Aug 7, 2025 • 47min
Q&A: $4M in SpaceX Stock, Buying an Airbnb with Family, & Losing $70K from Annuities
Hosts dive into the misconception that flashy possessions equate to real wealth, emphasizing the need for savvy financial management. They share insights on tax strategies and the importance of a solid financial foundation for real estate investments. Listeners hear about the stability of SpaceX compared to other companies, and why alternative investments might be better than annuities. Valuable advice supports single parents balancing education and retirement, advocating for transparent, simple investment strategies.