68: Financial Concepts You Need to Know

In this episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz break down three financial concepts you need to know. Dividend Reinvestment Savings Rate vs. Rate of Return Net Income vs. Free Cash Flow There are of course several other concepts that are important for building wealth and analyzing new investments, but these concepts will get anyone moving in the right direction! Don't forget to subscribe to the new Rich Habits Newsletter! 2,300 of you already have since it's launch only 4 weeks ago :) thank you! --- 👉 Discover new stock ideas and analysis on Moby! ⁠Click here to learn more⁠. --- ⭐ 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 – [email protected]