Rich Habits Podcast

The hosts tackle listener questions about managing vacation expenses while pursuing financial success. They explore investment strategies for vacation rentals, discussing tax implications and market analysis. Valuable insights are shared on balancing student loans and home buying, as well as tips for financial stability for recent graduates. Frugality is emphasized, with advice on savings and avoiding lifestyle inflation. Finally, strategies for tax-efficient property acquisition through 1031 exchanges are covered, alongside the inspiring growth of their community network.

Discover flexible side hustles perfect for busy parents juggling jobs and family life. Explore how delivery apps and the gig economy provide extra income opportunities. Learn about trending pet care jobs like dog walking. Gain insights on setting achievable financial goals and effective time management. Delve into financial strategies for short-term rentals and the importance of emergency funds. This engaging discussion highlights practical steps to achieving financial freedom while balancing a busy lifestyle.

Listeners dive into the world of dividend investing and discover effective portfolio-building strategies, including the popular SCHD ETF. Key insights on managing business profits and retirement planning reveal critical financial tactics. The discussion highlights the benefits of Roth IRAs for tax-free earnings and offers refinancing tips for student loans. Practical advice is shared on maximizing summer breaks with side hustles, emphasizing the importance of investing for long-term stability and growth.

Many high earners still struggle with living paycheck to paycheck. The hosts share actionable tips on creating a detailed budget and the importance of debt repayment. They discuss enhancing income through side hustles and making sacrifices for financial stability. A young listener seeks advice on investing in real estate, highlighting the need for a strong financial foundation. The concept of positive arbitrage is explored, emphasizing long-term strategies and risk acceptance in investing.

Get ready for a deep dive into effective budgeting strategies, even if you're living paycheck to paycheck on a $230K income. Discover the impact of inflation and rising food costs, along with the importance of understanding mortgage options. The hosts also tackle interest rates and retirement strategies, discussing the nuances of IRA conversions. Plus, learn about high bond yields and innovative investment opportunities like SpaceX. It's a treasure trove of insights for managing your finances and boosting your investment knowledge!

Scott Lynn, CEO of Masterworks and art investment expert, joins the discussion on art as a unique asset class. He highlights the historical returns of contemporary artwork, emphasizing its low correlation with traditional investments. The conversation dives into sourcing and storing high-value pieces, as well as the impact of blockchain technology on liquidity in the art market. Scott also discusses the growing demand for mid-career artists and offers insights for potential investors looking to diversify their portfolios into this fascinating field.

Discover how to navigate the high-stakes bond market and tackle personal financial challenges. Learn strategies for managing expenses while being cash poor but asset rich. Uncover the differences between disciplined investing and speculative behavior, and get insights on retirement planning. The hosts also share valuable tips for maximizing real estate investments and emphasize the importance of community engagement in achieving financial goals.

Joining the conversation are Robert Croak, a real estate investment expert, and Austin Hankwitz, a property buying strategist. They share six essential tips for smart real estate purchases, emphasizing the importance of fair pricing and thorough market research. Listeners learn about personal financial readiness and the necessity of emergency funds for homeowners. The duo also discusses disciplined saving strategies for building wealth and the intricacies of managing finances before marriage, shedding light on how communication can pave the way for financial harmony.

The hosts dive into smart investment strategies, stressing the importance of a high-yield bond account and diverse options for stability. They also discuss estate planning, emphasizing trusts over wills and tax advantages. Homebuyers are guided through mortgage affordability and cash purchases. The conversation highlights the value of diversification, with lessons from past financial crises. Additionally, they explore stock lending and personalized financial strategies, all while sharing personal finance pitfalls to avoid. Tune in for insightful tips!

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!⁠https://richhabits.beehiiv.com/⁠---⭐️ Sign up for Blossom, a new social investing app with over 150,000+ investors! Be sure to follow Robert's portfolio :)⁠https://www.blossomsocial.ca/⁠---⭐️ Subscribe to Moby for monthly stock ideas and timely market analysis!⁠https://www.moby.co/⁠---⭐ Download our FREE Budgeting Template – ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⭐ Earn 5.1% on your savings with a High-Yield Cash Account – ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⭐ Trade stocks, options, music royalties and crypto on Public – ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⭐ Get a $35 bonus when you start saving & investing with Acorns – ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⭐ Automatically buy stock where you shop with Grifin – ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⭐ Protect your family with term life insurance from Suriance – ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⭐ Use code “Spotify” for 15% off our 4-module video course – ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⭐ Optimize your portfolio with Seeking Alpha – ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠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---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.