Good Money Revolution by Derrick Kinney Summary

Good Money Revolution presents a purpose-driven approach to personal finance, arguing that earning more money enables greater societal impact. Derrick Kinney outlines a seven-step framework to help readers align financial goals with charitable giving, emphasizing strategies like debt reduction, income growth, and intentional generosity. The book combines practical wealth-building tactics with philanthropic principles, challenging the notion that financial success and altruism are mutually exclusive.

This book is ideal for individuals seeking financial freedom while creating positive social change. It resonates with those tired of traditional "save more, spend less" advice, entrepreneurs aiming to integrate purpose into their businesses, and anyone motivated to use wealth for causes like education, healthcare, or environmental conservation. Kinney’s strategies cater to earners at all income levels.

Yes, particularly for readers seeking a fresh perspective on money management that balances self-interest and social good. Kinney provides actionable steps to increase earnings while fostering generosity, backed by real-world examples like a client who funded a school through his framework. The book’s blend of mindset shifts and tactical financial levers makes it stand out from conventional finance guides.

Kinney’s seven-step system includes:

1. Defining a Generosity Purpose (a cause tied to earnings)
2. Setting three financial goals
3. Calculating target income
4. Increasing earnings through side hustles or career pivots
5. Implementing a save/invest/give plan
6. Activating charitable giving
7. Quarterly progress reviews

This framework helps readers systematically grow wealth while creating measurable social impact.

The strategy focuses on:

1. Saving More: Automating savings for investments
2. Crushing Debt: Eliminating high-interest obligations
3. Earning More: Leveraging skills or assets for income boosts

Kinney argues these levers compound over time, freeing up resources for both personal goals and philanthropic commitments.

A Generosity Purpose is a personally meaningful cause that motivates financial growth, such as funding clean water initiatives or supporting local education. Kinney emphasizes that tying money to tangible outcomes increases both earning motivation and fulfillment. One case study shows a client quadrupling income after committing to build a school.

Yes, it debunks five limiting beliefs:

• “Money corrupts people”
• “I’m not wealthy enough to give”
• “Sacrificing lattes leads to wealth”
• “Debt-free equals financial freedom”
• “Generosity requires large sums”

Kinney replaces these with abundance-focused principles, showing how small, consistent acts of giving create momentum.

Unlike austerity-focused guides, Kinney encourages readers to increase earnings through ethical means like value-based pricing and customer-centric businesses. He rejects blanket budgeting rules, instead advocating personalized systems that align spending with individual values and causes.

Some may question the feasibility of Kinney’s income-growth strategies for low-wage earners. However, the author counters by emphasizing scalable generosity—even modest earners can allocate 1% of income to their purpose. Critics of “prosperity gospel” adjacent ideas may also arise, though Kinney grounds his philosophy in pragmatic philanthropy.

Absolutely. The book includes methods to:

• Attract loyal customers by sharing your Generosity Purpose
• Reinvest profits into community partnerships
• Differentiate brands through cause marketing

A financial advisor in the book increased referrals 300% by aligning his practice with a scholarship fund.

Tactics include:

• Negotiating raises by quantifying workplace impact
• Launching low-cost side hustles (e.g., online courses)
• Monetizing hobbies through platforms like Etsy or Airbnb
• Shifting careers to high-demand, purpose-driven fields

The author provides worksheets to identify underutilized skills.

Begin by drafting a Generosity Purpose statement and auditing current finances. Kinney recommends allocating new income as follows: 50% to savings/investments, 30% to lifestyle, and 20% to charitable causes. Quarterly “money missions” help track progress toward both financial and philanthropic milestones.