Rich Habits Podcast

Learn how to assess your financial standing, adjust your budget for investments, and optimize retirement planning in your 30s and 40s. Discover tactical habits for building wealth, including saving, consistent investing, and early retirement planning. Gain advice on smart spending, financial sacrifices, and setting financial goals for a secure future. Find out about investing aggressively, cutting expenses, and utilizing downtime for self-improvement.

This discussion highlights essential strategies for weathering a recession. Listeners learn to build a realistic budget and understand the importance of debt-to-income ratios. The hosts emphasize diversifying investments across assets like gold and Bitcoin. They also provide advice on polishing resumes and expanding income sources to bolster financial stability. Additionally, practical tips on smart savings and the risks of varying loan rates keep the conversation grounded in actionable advice.

Debunking common financial advice, focusing on multiplex property investments vs. primary homes, leveraging debt strategically for wealth building, and cautioning against quitting a 9-5 for a side hustle without solid financial foundations.

In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz share three steps to take if you want to begin working toward becoming the first millionaire in their family: investing early and often, changing your mindset, and learning a new skill.  --- Be sure to check out Public's new ⁠⁠⁠High Yield Cash Account paying 5.1% APY.⁠⁠⁠ This is higher than anything else on the market and is FDIC insured up to $5M. --- ⭐ Download our FREE Budgeting Template – click here ⭐ Trade stocks, options, music royalties and crypto on Public – 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

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 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 Croak is a serial entrepreneur with more than $200M in company exits under his belt. As famously known as the guy who founded the $100M company, Sillybandz, Robert is now an avid investor in restaurants real estate, equities, and small businesses. At 52 years old, he brings more than three decades of business acumen he's eager to share with you.  Austin Hankwitz is a 26-year-old living in Nashville, TN. He quit his corporate finance job during the pandemic to pursue content creation full-time. Austin has been recognized as one of the "leading voices for common sense and investing on social media" by CNBC, and has been featured on Bloomberg, NYTimes, and Business Insider. His mission is simple: bring as many people as possible into the "investor" class by teaching them the power of ownership and compound interest. He's also the Co-Host of Quickbooks & iHeartMedia's Plans to Prosperity Podcast alongside award winning podcast host Jannese Torres.  Join Rich Habits movement by tuning in every week, providing your feedback, and suggesting new episode topics.  --- ⭐ 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 ⭐ 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