AI Summary
5 min read🎙️ The Voices & The Context
- The Format: Structured podcast interview with hosts' intro/outro banter, sponsor plugs, and a Q&A segment answering listener questions.
- The Key Players:
- Hosts: Austin Hankwitz (multimillionaire in his late 20s, finance background) and Robert Croak (entrepreneur with $300M+ lifetime revenue)—energetic duo with fun chemistry, hyping the guest and tying insights to "rich habits" like saving first and automating finances.
- Guest: Max Levchin, PayPal co-founder (CTO pre-eBay acquisition), Affirm CEO—legendary tech entrepreneur scaling a $25B BNPL company with 40M+ users.
- The Vibe: Educational and empowering, with high energy, honest critiques of credit cards, and inspiring entrepreneur tales—feels like a "water cooler" chat on fixing broken finance.
Continue reading the full summary in the app — free to try.
Read Full Summary →Free • No credit card required
What you'll learn
- 1 (00:00) **🎙️ Introduction: Max Levchin**
- 2 (03:23) **Role of Credit in Modern Society**
- 3 (06:14) **Revolving Credit Cards vs. Installment Loans (BNPL)**
- 4 (10:56) **Why Structural Differences Matter for Consumers**
- 5 (14:17) **Why Few Companies Use Installment Models**
- 6 (21:15) **Individual Underwriting per Transaction**
- 7 (24:46) **Scaling Underwriting with AI/ML**
+ Full timestamped outline available in the app
Show Notes
In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz sit down to have an honest conversation with the CEO of Affirm, Max Levchin.
To keep up with Max, consider following him on LinkedIn and X! You can also follow Affirm on X.
---
We're thrilled to introduce the Rich Habits Money Map!
If you're someone ready to automate your saving and investing, the Rich Habits way, this workflow by Sequence is for you.
Click here to sign up for Sequence and gain access to our Rich Habits Money Map!
---
💸 Use Public to build your own investable index with Generated Assets! You'll also receive an uncapped 1% on all IRA and 401(k) transfers and rollovers!
---
💰 Introducing the NEOS Ethereum High Income ETF (NEHI) -- your new favorite was to earn tax-efficient monthly income on your Ethereum position.
---
🚀 Join 800+ other podcast listeners inside of the Rich Habits Network and invest alongside Robert and Austin?
Click here!
---
⚡️ Sign up for the Rich Habits Newsletter and never miss a market-moving headline again.
Click here!
---
⭐ Download our FREE Financial Planner – click here
⭐ Download our FREE Budgeting Template – click
More from this podcast
Rich Habits Podcast →