

Rich Habits Podcast
Austin Hankwitz and Robert Croak
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, Thursday, and Friday 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.
Join Robert Croak and Austin Hankwitz every Monday, Thursday, and Friday 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.
Episodes
Mentioned books

10 snips
Mar 6, 2025 • 1h 3min
Q&A: $4M Invested in a Single Stock, 529 Account Loopholes, & Dividing Expenses When Married
Dive into the dynamic world of investing! Explore strategies for managing large investments and the exciting developments in cryptocurrency, especially Bitcoin. Learn the crucial balance between financial planning and personal life choices. Discover how to navigate financial responsibilities in marriage, especially with income gaps, while fostering unity through open discussions. The conversation also touches on the importance of diversification to protect against risks, and the need for strategic tax planning for long-term growth and security.

30 snips
Mar 3, 2025 • 1h 11min
107: Scaling to $1B in Real Estate w/ Brandon Turner
Brandon Turner, a renowned real estate investor and founder of Open Door Capital, shares his journey in scaling his portfolio to over $1 billion. He dives into effective strategies for entering the market, including house hacking and creative financing. The conversation highlights the importance of mindset, financial readiness, and innovative tactics like Airbnb and midterm rentals in today's high-interest landscape. Turner underscores the significance of education and networking in real estate, inspiring listeners to take action in their investment journeys.

18 snips
Feb 27, 2025 • 48min
It’s Our 2-Year Anniversary + Q&A!
Celebrate two years of transformative insights! Discover the essential principles for building wealth while trusting your instincts. The hosts share personal anecdotes on investment strategies and the importance of education. They tackle listener questions about business ownership, marketing strategies, and the nuances of 401k contributions. Reflecting on memorable milestones, they emphasize the value of community engagement and their plans for future growth. Tune in for expert advice and learn how to navigate your financial journey!

33 snips
Feb 24, 2025 • 52min
106: How to Manufacture Luck & High-Value Opportunities w/ Scott Clary
Scott Clary, an entrepreneur and the host of the Success Story Podcast, shares insights on how to engineer luck and create high-value opportunities. He advocates for the idea that luck is not just chance but can be cultivated through action and persistence. The conversation dives into the importance of reverse engineering success by setting defined goals and leveraging mentorship. Clary also highlights the value of meaningful networking and the significance of nurturing relationships that foster mutual benefit.

14 snips
Feb 20, 2025 • 46min
Q&A: Side Hustle for Students, Too Many Stocks, & a $330K Inheritance
The hosts dive into tackling listener questions about personal finance and investment strategies. They discuss the challenges of owning too many stocks and suggest focusing on a streamlined portfolio. The importance of diversifying investments, including real estate and educational savings accounts, is emphasized. Critiques on life insurance compared to index funds highlight simpler financial strategies. Lastly, they explore smart financial practices, including the importance of paying off debt before investing and leveraging skills in web design for income.

Feb 17, 2025 • 35min
105: The 5 Financial Accounts You Need to Have in 2025
Discover the essential financial accounts you need for a secure future by 2025. Learn the importance of high-yield savings as your financial safety net. Uncover strategies for maximizing retirement accounts like 401k and Roth IRA. Explore the significance of 529 plans for education savings and the burgeoning role of cryptocurrency in wealth-building. Get practical tips on micro-investing and transforming low-performing accounts for tax-free growth. This is your blueprint for financial success!

Feb 13, 2025 • 48min
Q&A: Business Trouble, Portfolio Allocation in Retirement, & $450K of Student Loan Debt
Dive into a lively Q&A session tackling listener questions about joint brokerage accounts and student loan management. Discover how to navigate business acquisitions and the financial safety of RV living. Uncover insights on balancing debt management with wise investments for a secure future. Learn effective portfolio strategies as you approach retirement, and explore smart financial planning tips specifically for young professionals with student debt. It's all about thriving despite financial challenges!

Feb 10, 2025 • 46min
104: Exposing Unknown Hedge Fund Strategies w/ Chris DeMuth
Chris DeMuth, a savvy hedge fund manager and founder of Rangely Capital, shares his expertise in merger arbitrage and identifying mispriced stocks. He reveals lesser-known strategies of the smart money and discusses how he capitalized on Elon Musk's Twitter acquisition. The conversation dives into future investment expectations for 2025, the intricacies of M&A, and the importance of thorough research. DeMuth also emphasizes the need for strategic thinking and understanding market dynamics to navigate complex financial landscapes successfully.

23 snips
Feb 6, 2025 • 50min
Q&A: $850K in SpaceX Stock, Building a Barndominium & $50K in Credit Card Debt
This podcast dives into the recent turbulence in the stock market and the importance of a long-term investment strategy. They provide insightful wealth-building advice for young entrepreneurs, highlighting practical side hustles. The discussion also emphasizes making strategic financial decisions, particularly regarding real estate and managing credit card debt. Additionally, listeners learn about the risks of home purchasing and the significance of diversification in investments, especially for those heavily invested in stocks like SpaceX.

80 snips
Feb 3, 2025 • 50min
103: The 5 Types of Wealth w/ Sahil Bloom
Sahil Bloom, an entrepreneur and founder of SRB Ventures, discusses the multifaceted nature of wealth. He shares his journey from Stanford athlete to investor, emphasizing the importance of mindset, relationships, and personal fulfillment. Bloom explores his five types of wealth: time, social, mental, physical, and financial, urging listeners to redefine 'enough' for a richer life experience. The conversation also highlights the vital connection between knowledge and action, underscoring the role of mindset in overcoming limiting beliefs to achieve success.


