Summary of Derrick Kinney's Good Money Revolution

Everest Media

Description

Please note: This is a companion version & not the original book.
Sample Book Insights:
#1 I realized that the more I gave back to my local community, the more people wanted to work with me. I felt like I was part of something bigger than myself.
#2 Connecting your money to a cause, movement, or purpose will make you feel fulfilled and help you make a difference in the world.
#3 Money does make you happy, but only up to a point. After that, more money doesn’t lead to greater happiness. This is known as income satiation, and it typically occurs at an annual income of less than $100,000.
#4 The cycle of more money equals more happiness is false. Once you earn about $75,000 a year, more money doesn’t make you any happier. Other studies have similar results.

Sujets

• Personal finance
• Money management

Informations

• Publié par: Everest Media LLC
• Date de parution: 22 mars 2022
• Nombre de lectures: 0
• EAN13: 9781669357896
• Langue: English
• Poids de l'ouvrage: 1 Mo

Extrait

Insights on Derrick Kinney's Good Money Revolution
Contents Insights from Chapter 1 Insights from Chapter 2 Insights from Chapter 3
Insights from Chapter 1

#1

I realized that the more I gave back to my local community, the more people wanted to work with me. I felt like I was part of something bigger than myself.

#2

connecting your money to a cause, movement, or purpose will make you feel fulfilled and help you make a difference in the world.

#3

Money does make you happy, but only up to a point. After that, more money doesn’t lead to greater happiness. This is known as income satiation, and it typically occurs at an annual income of less than $100,000.

#4

The cycle of more money equals more happiness is false. Once you earn about $75,000 a year, more money doesn’t make you any happier. Other studies have similar results.

#5

There is a lot of evidence that what you do with your money is more important than your actual wealth for how happy you are. Lottery winners who spend their money and invest it wisely are very happy.

#6

The obvious: winning a large sum of money will put a smile on your face. A small percentage of lottery winners lose all their money, but for the most part, the money leads to positive, long-term satisfaction.

#7

The message of these stories is not only to be careful with your money, but that money won't change you. You are who you are. If you decide to be generous when you have little, watch what happens as you grow into wealth.

#8

If you want to be happy, spend your money on something good. Being generous with your money is the key to happiness. Spending on others has a ripple effect that makes us happier because it’s a tangible act that today we know we’ve helped someone else and made a difference in another person’s life.

#9

The secret to making more money is giving it away. Connect your cash to a cause, your money to a movement, and your profits to a purpose. This is what changes everything.

#10

Your Generosity Purpose is not about you, but about someone or something that you believe can do more good and leave a impact on the world. It is about giving more money and doing that will allow you to give more money.

#11

You will reap what you sow. Regardless of the attitude towards giving that you have now, I’m asking you to rethink money and its purpose. Imagine a cause you have always been passionate about and start small. As you do that, you’ll realize that your impact is growing and growing.

#12

Good money is about pairing purpose with profits. When you give more, you’ll be attracting more people who want to work with you. You’ll make more money, so you can give more money.

#13

You must take action to achieve the life you want. This is about you making a conscious decision to determine if you want your life to stand for something. To make a difference. To make your community better.