
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

15 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.

36 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!

37 snips
May 19, 2025 • 57min
118: Turning a College Side Hustle into $75M w/ Alex Lieberman
In a fascinating discussion, Alex Lieberman, co-founder of Morning Brew, shares his journey of transforming a college side hustle into a $75 million success. He reflects on the challenges he faced while establishing the newsletter and the valuable lessons learned along the way. Alex also dives into overcoming adversity, the emotional complexities of transitioning from CEO to chairman, and the keys to financial freedom through simplicity and consistency. Plus, he reveals what he's betting on for the future, making this a must-listen for aspiring entrepreneurs!

24 snips
May 15, 2025 • 46min
Q&A: Multi-Level Marketing Schemes, Turn-Key Real Estate Investing & High-Interest Student Loans
The hosts dive into the intricacies of high-interest student loans, offering practical refinancing tips. They discuss the importance of balancing debt repayment with early investing strategies. The conversation touches on the pitfalls of multi-level marketing schemes and the risks associated with turnkey real estate investments. Listeners are given advice on navigating financial decisions with simplicity and caution, while exploring ways to structure a diversified investment portfolio. Personal stories enhance the discussion about entrepreneurship and financial empowerment.

18 snips
May 12, 2025 • 36min
117: Financial Freedom by Fall — This Summer’s Rich Habits
Dive into summer savings strategies to achieve financial freedom by fall! Discover essential lifestyle changes and budgeting tips that can help manage your expenses. Explore how AI tools can simplify decision-making and enhance your finances. Learn about the role of family dynamics in investment choices and tackle the complexities of IRS debt management. Plus, uncover five rich habits for financial independence and the perks of engaging with a community focused on wealth-building!

19 snips
May 8, 2025 • 41min
Q&A: Vacation Rental Co-Ownership, Selling a Biz for $3.5M, & Retirement Contributions
Get ready for a financial deep dive! The hosts tackle intriguing questions about vacation rental co-ownership and the pros and cons of investing in fractional real estate. They unpack the best strategies for managing a $3.5 million windfall and emphasize the importance of smart retirement contributions. Listeners learn how to navigate job transitions without missing investment opportunities and discover the vital role of Roth IRAs in building long-term wealth. Tune in for essential tips on financial independence!

41 snips
May 5, 2025 • 50min
116: How to Retire Early (Seriously)
Mike Venuto, Chief Investment Officer and Co-founder at Tidal Financial Group, shares insights on achieving early retirement beyond conventional wealth myths. He emphasizes the importance of budgeting and aggressive wealth-building strategies. The conversation covers innovative ETFs that support financial goals, including the FIRS and FIRI ETFs, designed for wealth building and income distribution. Venuto also challenges traditional retirement paradigms, urging listeners to create personalized plans that reflect their own passions and objectives.