Rich Habits Podcast

In this week's episode of the Rich Habits Podcast, we're joined by Shena Ashley! As President of the Capital One ⁠Insights Center⁠, we're thrilled she was able to walk us through the most important statistics of their recent report. Thank you for taking the time to listen to this insightful interview with Shena! We're very excited to continue to share more interviews with incredibly bright and forward-thinking people. Here's a link to their brand new report! --- 💰 Manage your money in the modern-era with ⁠Monarch Money!⁠ Track all of your account balances, transactions, and investments in one place. --- 💥 Don't forget to ⁠watch a replay⁠ of our Q4 Market Forecasting webinar! The managing partners of NEOS Investments joined us, announcing their newest ETF (BTCI)! --- If you like the show, be sure to leave us a 5 star review and share it with a friend :-) thanks! --- ⭐ 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 --- Thanks for listening!

Dive into a lively discussion on nuclear stocks and the evolving energy market. Discover how high-yield bonds can boost financial returns, with potential yields reaching 6% or more. The episode also explores the nuances of deferred compensation plans and their tax benefits. Unravel the mortgage versus investment dilemma, weighing the pros and cons of early mortgage repayment against investing for growth. With retirement strategies and diverse investment insights, there's plenty to keep your financial ambitions alive!

Discover the steps to purchase cash-flowing small businesses as baby boomers retire. Learn how to define a 'buy box' tailored to your skills and interests. Dive into the importance of due diligence and effective negotiation tactics. Explore the roll-up strategy employed by private equity to maximize profitability. Get insights on using financial tools for budgeting and tax optimization. Plus, essential tips for first-time homebuyers to ensure a smart investment.

The hosts tackle pressing listener questions about paying for infertility treatments, sharing emotional yet practical insights. They also delve into the nuances of launching a consumer product, emphasizing the importance of market research and planning. Young adults living at home while managing student debt are discussed, balancing immediate financial needs with future investments. Additionally, strategies for effective family communication in business are explored, alongside tips for diversifying investment portfolios in fluctuating markets.

In this engaging discussion, Harley Finkelstein, President of Shopify and key player in the company's rise to a $100 billion valuation, shares invaluable insights on entrepreneurship. He emphasizes the importance of personal connections and the concept of having '1,000 true fans.' Harley explores lean entrepreneurship and how Shopify empowers new business owners with innovative tools. He highlights the benefits of approaching business with creativity over capital and discusses the promise of AI in optimizing online ventures, all while navigating the evolving digital landscape.

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!