33 episodes

Did you grow up believing money was bad? Did it cause division and hopelessness in your family? Or you may be thinking, "Why would anyone think money is bad?" Whether money was an "off limits" topic at the dinner table or you give it a big thumbs up, you likely feel overwhelmed when it comes to making and managing it. And that's just not right.

You deserve to have the tools to earn more, save more and give more. It’s one thing to make money. But you give money meaning when you add purpose to it. Giving leads to better living. 

We’re obsessed with bringing you meaningful conversations with the world’s top professionals, authors, influencers and business leaders. You’ll get practical money and business advice, learn why it pays to be generous and see why money is not bad and you should have (a lot) more of it.

Welcome to the Good Money Community. Our revolution is just beginning.

Good Money with Derrick Kinne‪y‬ GoodMoneyFramework.com

    • Investing
    • 5.0 • 1.5K Ratings

Did you grow up believing money was bad? Did it cause division and hopelessness in your family? Or you may be thinking, "Why would anyone think money is bad?" Whether money was an "off limits" topic at the dinner table or you give it a big thumbs up, you likely feel overwhelmed when it comes to making and managing it. And that's just not right.

You deserve to have the tools to earn more, save more and give more. It’s one thing to make money. But you give money meaning when you add purpose to it. Giving leads to better living. 

We’re obsessed with bringing you meaningful conversations with the world’s top professionals, authors, influencers and business leaders. You’ll get practical money and business advice, learn why it pays to be generous and see why money is not bad and you should have (a lot) more of it.

Welcome to the Good Money Community. Our revolution is just beginning.

    Barbara Huson—Is Money Guilt Costing You Cash?

    Barbara Huson—Is Money Guilt Costing You Cash?

    Newly divorced with three children and a million dollars of debt, Barbara Huson had to get smart with her money—and fast! In our conversation, she talks about the challenges many face with their finances and strategies you can use to rewire your brain and achieve success. She says when you know your motivation, that’s when money shows up. Then Barbara shares the simple recipe to getting smart with your money: consistent small steps lead to remarkable results.
     
    What you will learn:
    It’s not too late to start getting smart Problems with money are never about money First step to getting out of debt: Commit The three levels of financial development Be purpose-driven, not just profit driven Wealth is not an amount—it’s an attitude Do what you’re afraid to do Train your brain in three steps  
    Quotes:
    “If you don’t deal with your money, your money will deal with you.” – Barbara Huson “What I found is that getting smart about money doesn’t need to take a long time. It doesn’t take a lot of money to create wealth, and it’s never, ever, ever too late to start.” – Barbara Huson “My definition of a powerful woman is someone who knows who she is, who knows what she wants and expresses that in the world unapologetically.” – Barbara Huson “I really see that the number one requirement for going to the next level, in anything, making more money or losing weight, is always the willingness to be uncomfortable.” – Barbara Huson “So, the three levels of financial development are survival, stability and affluence. And survival is not enough, stability is just enough, and affluence is more than enough.” – Barbara Huson “That really is the whole point of creating wealth. It’s to have the well-being and peace of mind to know you’re okay and you’re safe.” – Barbara Huson “Our words are so powerful. The words we use that come out of our mouth and the words in our head—it’s how you rewire your brain.” – Barbara Huson “Getting smart, it’s really small steps consistently taken that lead to remarkable results.” – Barbara Huson  
    Free Valuable Report for our Listeners: “3 Beliefs About Money Your Kids Should Learn That No One is Teaching Them”
    https://goodmoneyframework.com
     
    Follow The Good Money Show on Instagram!
    https://www.instagram.com/goodmoneyframework 
     
    Recommended Resources:
    Barbara-huson.com Prince Charming Isn’t Coming: How Women Get Smart about Money by Barbara Stanny (https://amzn.to/2N7KIvK) Rewire for Wealth by Barbara Huson (https://amzn.to/37dsFef)

    • 50 min
    Dan Price—Does a $70k Minimum Wage Work?

    Dan Price—Does a $70k Minimum Wage Work?

    Would a minimum wage of $70,000 actually work? And to pay for it, cut your own $1 million salary? This bold decision by Gravity Payments CEO Dan Price skyrocketed productivity, boosted sales and created happier employees. Labeled by some as pure socialism, the controversial move attracted praise and naysayers. In our conversation, Price pulls back the curtain and talks about his thought process and about the unique challenges business owners are up against now. And, he candidly shares how shocked he was when his team suggested their own pay cuts when the company faced crisis.
     
    What you will learn:
    When you’re financial healthy, you’re more productive Great teams make work great Money isn’t the top of the pyramid- it’s the foundation Be your own CEO  
    Quotes:
    “But it meant that a third of the people at the company were going to have their pay doubled and the third that really deserved it the most and needed it the most. It was a really cool thing to be a part of.” – Dan Price “It wasn’t designed for solving the world’s problems, it was designed for making our place a better place to be and making it just more kind of fair and logical.” – Dan Price “If you give pay raises, the biggest ones to the people that are being paid the least, they’ll have the most positive impact on productivity.” – Dan Price “When you’re financial healthy, as this podcast and so many other help people to do, then people can be more productive and more focused and really they can start to tap into their intrinsic motivation.” – Dan Price “When you’re part of a team where people act with autonomy and people are self-motivated, self-disciplined, where there’s trust, you don’t have that same burnout factor.” – Dan Price “Money is supposed to be a way for us to exchange value so we can take care of ourselves, take care of our needs.” – Dan Price “Being your own CEO means it’s up to you to make these most important decisions. But also, there’s going to be transparency, accountability, all the things we would want CEOs to be held to, like each of you are going to be held with this too.” – Dan Price  
    Free Valuable Report for our Listeners: “3 Beliefs About Money Your Kids Should Learn That No One is Teaching Them”
    https://goodmoneyframework.com
     
    Follow The Good Money Show on Instagram!
    https://www.instagram.com/goodmoneyframework 
     
    Recommended Resources:
    Worth It by Dan Price (https://bit.ly/3qfULgN) Profitisnotapurpose.com Gravitypayments.com

    • 49 min
    Bola Sokunbi—Ditch Debt and Build Real Wealth

    Bola Sokunbi—Ditch Debt and Build Real Wealth

    Where does 80% of wealth building take place? In your head! As the founder of Clever Girl Finance, Bola Sokunbi says if you want to make money it comes down to good habits and a laser focus on what matters most. If you want to avoid the worst financial blunders people make, she shares proven strategies to avoid them. And she reveals that the best gift you can give your kids and grandkids is to simply educate them on how money works (and she tells you the easy way to do it).
     
    What you will learn:
    The power of free money Think about your finances as your business Why you should unpack your money memories Money gives you opportunities Teach the money lessons you’re still learning Everyone makes money mistakes How to talk to your kids/parents about money Find your true money motivator How to transition generational wealth Mind your business  
    Quotes:
    “The big difference here is just really understanding the impact investing can have on your life.” – Bola Sokunbi “When you’re the CEO, you’re supposed to be designating specific tasks to your dollars.” – Bola Sokunbi “It’s never about the money. It’s about what you can leverage the money to do.” – Bola Sukunbi “Again, your money is simply a tool. It doesn’t have emotions. It doesn’t have feelings. It does what you tell it, or it just finds ways to leave you because other people will help you spend your money.” – Bola Sukunbi “Just because you’re on the journey, just because you’re going through the process, doesn’t mean you don’t have to teach your children.” – Bola Sokunbi “Really focus on yourself and your mindset and your intention, because that’s where the 80% of the work you need to do to build wealth is going to happen.” – Bola Sokunbi “Be prepared for adversity. Don’t be surprised by it but expect it.” – Derrick Kinney “When you have a plan that you’re working, when life happens, the situation is more of an inconvenience because you have your plan in place than a complete disaster because you have not done anything.” – Bola Sokunbi “So, celebrate other people’s wins, celebrate other people’s successes, but don’t let it be a distraction from what it is that you want to accomplish for yourself.” – Bola Sokunbi “Surround yourself with the right people, the right resources- like this podcast- to encourage you and motivate you as you go through this journey.” – Bola Sokunbi              
    Free Valuable Report for our Listeners: “3 Beliefs About Money Your Kids Should Learn That No One is Teaching Them”
    https://goodmoneyframework.com
     
    Follow The Good Money Show on Instagram!
    https://www.instagram.com/goodmoneyframework 
     
    Recommended Resources:
    Clever Girl Finance by Bola Sokunbi (https://amzn.to/36w1N95) Clevergirlfinance.com

    • 31 min
    Ram Charan—3 Secrets of Thriving Companies

    Ram Charan—3 Secrets of Thriving Companies

    What do the world’s top CEO’s know that you don’t? Ram Charan reveals the valuable insights he uses to guide these impactful business leaders. He says mistakes are normal, but bad decisions are what lead to disaster. By asking one simple question, “What’s the problem?” you open the door to unexpected opportunities. And if you want to stand out, he shares why you should never tell the CEO they’re right. Instead, give them a different way to think and understand the opposing viewpoint. By the way, embrace change quickly and you’ll reap rich rewards.
     
    What you will learn:
    It’s people before strategy Confronting reality is crucial Manage your current business to build your new one Money is an indicator Why attitude is everything You need an outside perspective   
    Quotes:
    “When you look at the population of failed companies, you will always, and I mean always, track the decisions made or not made by the CEO.” – Ram Charan “The first thing is that cash is the blood supply of any business. Your existing business generates cash. If it doesn’t generate cash, you focus there first.” – Ram Charan “Making cash profit is a measure of how good you are in your business.” – Ram Charan “Get some fresh blood not totally contaminated with the past in your company and in your industry. Let them challenge you using the methodology.” – Ram Charan “They don’t need me to say that you are right. But say, ‘Well, here is a different way to think about it.’” – Ram Charan “It’s easier to see somebody else’s phenomenon than their own. That’s simply because the ins and outs of what they do every day get deeply etched and they see through the lens of the existing business, which is narrow.” – Ram Charan  
    Free Valuable Report for our Listeners: “3 Beliefs About Money Your Kids Should Learn That No One is Teaching Them”
    https://goodmoneyframework.com
     
    Follow Good Money Good Hands Good Work on Instagram!
    https://www.instagram.com/goodmoneyframework 
     
    Recommended Resources:
    ram-charan.com The Phoenix Encounter Method, Lead Like Your Business Is On Fire - https://amzn.to/39wHf29

    • 30 min
    Jason Feifer—Giving Back Is Good Business

    Jason Feifer—Giving Back Is Good Business

    Jason Feifer shares how companies that have clear missions are better at navigating challenges and embracing change. If you’re wondering how your company can stand out in the marketplace, he says that first, you should make a great product, but it’s how you tell your story and relate to people that can make the difference. And if you want to build a long-lasting business, he says the key is to make difficult decisions early, while you still have control. 
     
    What you will learn:
    Giving back is good for business The difference between your What and your Why Differentiate with your story Sustainable companies can have larger impacts The importance of situational awareness Resistance is for losers Get to your first failure  
    Quotes:
    “This is about building long-term relationships, and that’s how you make money for a long time to come.” – Jason Feifer “Frankly, if you’re going to survive as a business in times like these, then you have to go beyond just offering a product or service. You have to be really meaningful to people in their lives.” – Jason Feifer “The companies that are really crystal clear about their mission are the ones that are going to thrive, and the other ones may not have a place in this new world.” – Jason Feifer “Can you identify what role you played in people’s lives and then pivot towards that? This is something I think that we all need to be doing all the time.” – Jason Feifer “So, the way that you differentiate is not just by the great product that you make, though of course, you should make the best product you can. But it’s also the story that you tell and the way you relate to people.” – Jason Feifer “You can’t do good with your company unless your company is profitable. Because otherwise it’s not there to do good with.” – Jason Feifer “The only thing you can do with that is to trust yourself and understand what you know and what you don’t know and continually strive to be better and to be open, I think, about what your own concerns are.” – Jason Feifer “When people resist a new innovation, the only thing that they really do, is they stop moving and they let everybody pass them by, because the future is not optional. You can’t opt out of the future.” – Jason Feifer “There’s an element of faith and risk that goes into anything, and you have to be willing to take that to achieve anything great.” – Derrick Kinney “You’re going to have failures along the way, so make sure you at least get to your first failure and then see how you react and see if you can get your company through it, because it’s going to happen. You’re going to have a lot of them.” – Jason Feifer  
    Free Valuable Report for our Listeners: “3 Beliefs About Money Your Kids Should Learn That No One is Teaching Them”
    https://goodmoneyframework.com
     
    Follow Good Money Good Hands Good Work on Instagram!
    https://www.instagram.com/goodmoneyframework 
     
    Recommended Resources:
    JasonFeifer.com Entrepreneur.com

    • 43 min
    Ramit Sethi—Spending Less is the Wrong Strategy

    Ramit Sethi—Spending Less is the Wrong Strategy

    What does a rich life look like? Ramit Sethi shares how having a clear vision of your rich life allows you to use your money on the things that matter most. He says it’s normal to make mistakes with money and that you should start building habits early so you don’t make the same mistakes with $1 million that you did with $100. And if you’re thinking about how to make your money go further, Ramit reminds us that there’s a limit on what you can cut, but there’s no limit on what you can earn! 
     
    What you will learn:
    Money does change people How you can spend extravagantly  Stop focusing on the $3 questions How to negotiate your salary Why we crave wealth but also hate it What is your money dial? You will make mistakes with money Don’t take advice from losers Giving is a critical part of a rich life  
    Quotes:
    “In my experience, money does change people. It should. It has allowed me to dream bigger. It’s allowed me to take more adventures. It’s allowed me to give more.” – Ramit Sethi “Saving $3 a day is not going to change the course of your financial life.” – Ramit Sethi “If you begin your financial life believing that having more money will change you or will turn you evil, then you have effectively no chance of growing your financial wealth.” – Ramit Sethi “There are lots of reasons to stay or to leave, but simply saying, ‘I’m underpaid, please play me more,’ that’s not persuasive. It’s about demonstrating value and communicating this in the correct way.” – Ramit Sethi “You have a certain level of happiness, great, but there are other factors like life satisfaction that you can directly use money to influence.” – Ramit Sethi “Every one of us has money now, something that we love to spend money on. Almost none of us have ever contemplated spending more on it.” – Ramit Sethi “You can spend extravagantly on the things you love when you cut costs mercilessly on the things you don’t.” – Ramit Sethi “What could be more meaningful than taking the thing you love, your money dial, and doubling down on that?” – Ramit Sethi “If you feel stuck with your money, that’s normal, but just acknowledging it is not enough. The next step is to make a plan and start getting educated about it.” – Ramit Sethi “Why would we take advice from people who are not in the financial situation that we admire?” – Ramit Sethi  
    Free Valuable Report for our Listeners: “3 Beliefs About Money Your Kids Should Learn That No One is Teaching Them”
    https://goodmoneyframework.com
     
    Follow Good Money Good Hands Good Work on Instagram!
    https://www.instagram.com/goodmoneyframework 
     
    Recommended Resources:
    I Will Teach You To Be Rich by Ramit Sethi (https://amzn.to/39widiw) Iwillteachyoutoberich.com

    • 48 min

Customer Reviews

5.0 out of 5
1.5K Ratings

1.5K Ratings

Pipers85 ,

Shocked and Awe

Dan Price!
Wow! What a bold move to cut your own salary to increase the salary of some of your finest, hardest working employees. Morale is low in so many companies today. I work in aviation. The fear of the pandemic and lay offs is powerful. It kills productivity at times, while other days consist of working feverishly to “save” the company. His employees feel valued.- that’s huge! Suddenly his lowest paid employees that probably couldn’t imagine how many years he/she would need to invest with the company to have their wages satisfy their needs, were now given a handsome raise to continue. Their feeling of gratitude toward Dan increased productivity. - a positive work environment! It’s a win win.
Very interesting. Think about it. It’s contagious!

UPACdance ,

Love it

Thank you for all your advice!

pat & jen ,

Saving money

This podcast is amazing ! Very good points on saving money.

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