
Rich Habits Podcast
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 and Thursday 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.
Latest episodes

37 snips
Jun 23, 2025 • 34min
123: How Rich People Buy Back Their Time
Discover how affluent individuals reclaim their time through strategic delegation and investing in time-saving services. Learn about the power of outsourcing mundane tasks and utilizing expert knowledge to enhance productivity. Explore smart passive income strategies, including real estate investment and high-yield savings. Uncover tax benefits of LLCs and revocable trusts for asset protection, alongside practical budgeting tips. Plus, gain insights on navigating homeownership for wealth-building.

17 snips
Jun 19, 2025 • 46min
Q&A: Land Contracts, Cashing Out Retirement for Bitcoin, & $500K in QQQI
In a lively Q&A session, the hosts tackle listener questions on personal finance and investment strategies. They dive into the nitty-gritty of rent-to-own structures and owner financing in real estate. Smart retirement moves take center stage, highlighting the pros and cons of backdoor Roth IRAs and Bitcoin investments. Couples are given practical advice on financial plans, emphasizing the importance of diversification. The discussion also touches on strategies for balanced investing, particularly for those nearing retirement.

15 snips
Jun 16, 2025 • 33min
122: How to Build Wealth Without Obsessing Over Money
Dive into wealth-building tips that prioritize balance over obsession with money. Discover practical strategies for living below your means and investing wisely. Learn the power of automation and diversification in managing finances stress-free. Gain insight on cultivating a positive mindset and defining success beyond societal expectations. Avoid common pitfalls when launching a consulting business while mastering smart financial strategies. This engaging discussion inspires financial freedom without compromising a fulfilling life.

9 snips
Jun 12, 2025 • 51min
Q&A: Secular Growth Trends, Trading Options, & Rebalancing for Retirement
Dive into the world of financial wisdom as the hosts tackle listener questions on savvy investing and retirement strategies. Young savers receive tailored advice, focusing on emerging sectors like AI and nuclear energy. Discover the long-term potential of innovative companies and the importance of patience in trading. Learn smart financial moves for home buying, prioritizing investments over mortgage payments, and managing debt effectively. Gain insights on optimizing retirement accounts and maximizing growth through informed investing!

24 snips
Jun 9, 2025 • 37min
121: Why Americans Are Losing Trust in the Stock Market w/ Caleb Silver
Caleb Silver, Editor in Chief at Investopedia, brings a wealth of knowledge from his years in financial media. He discusses today's investor sentiments and how optimism versus skepticism shapes market decisions. Caleb highlights the trend of safer investments, especially among older generations, compared to younger investors' risk appetite. He also emphasizes the importance of long-term investing strategies, particularly in the context of climate change, and urges listeners to develop strong personal finance habits.

20 snips
Jun 5, 2025 • 41min
Q&A: How to Take Profits, Investing My Monthly Escrow, & Cashing Out Whole Life Insurance
The hosts tackle listener questions about profit-taking and smart investing strategies. They share insights on rebuilding credit with secured cards and offer tips for navigating investment options amid job-related restrictions. The discussion also highlights the importance of diversifying investments, including precious metals and cryptocurrencies. Strategies for retirement contributions and the benefits of establishing a Roth IRA for young adults are explored alongside budgeting techniques and financial education tips for long-term success.

38 snips
Jun 2, 2025 • 41min
120: How To Hedge Against Market Volatility in 2025
The discussion dives into three key strategies to hedge against market volatility expected in 2025. It examines the rising trend of 'buying the dip' and emphasizes diversification with investments in Bitcoin, gold, and silver. The talks also cover the importance of investment-grade corporate bonds and the mechanics behind them. Additionally, practical advice is offered for managing retirement accounts after marriage and the potential risks of using 401k funds for debt. Financial literacy is underscored as crucial for long-term stability.

13 snips
May 29, 2025 • 35min
Q&A: Living at Home at 29, Tax-Deferred Annuities, & Amazon RSUs
The hosts tackle listener questions about personal finance and investing with practical advice. They discuss navigating student debt while weighing community college versus university options. The conversation also covers smart cryptocurrency investments and the importance of a calm, long-term approach to investing. Strategies for using Roth IRAs for retirement savings are highlighted, along with tailored investment practices for young professionals. The value of education and community engagement is underscored, promoting resources for financial growth and support.

22 snips
May 26, 2025 • 38min
119: What Your Financial Advisor Won’t Tell You
Discover the hidden truths financial advisors aren't sharing! Explore the crucial differences between suitability and fiduciary standards, and how small fees can dramatically affect your investment returns. Learn about various compensation models and determine if hiring a fiduciary is right for you. Get practical advice on personal finance, including managing college funds tax-efficiently and strategies for educational gifting. Gain insights into controlling your financial future while navigating debt and investment for long-term success!

8 snips
May 22, 2025 • 47min
Q&A: Patenting an Invention, Agency Bonds, & Raising Children as a Millionaire
This podcast dives into the nitty-gritty of financing home projects, offering smart budgeting tips and loan options. It also discusses the complexities of patenting an invention, from legal protections to market strategies. Listeners learn the perks of selling directly to consumers over retail, and the significance of naming a business for SEO. Additionally, it touches on saving for college using Roth IRAs and managing wealth through strategic investments while emphasizing the importance of financial literacy for children. Tune in for engaging financial wisdom!