Unlock Your Millionaire Mindset: Financial Strategies from Derek Kinney

Dec 12, 2024

Ask episode

Chapters

Transcript

Episode notes

Today's podcast features Derek Kinney, author of Good Money Revolution, and a financial expert who helps people transition from middle-class comfort to millionaire status. His approach isn't about complicated financial jargon or get-rich-quick schemes; it's about a simple, five-step plan that helps you identify what you want and take actionable steps to achieve it.

Derek's story is a testament to the power of mindset and intentional action. He wasn't born into wealth, but he achieved financial freedom through dedication and a clear vision. He compares the financial world to a vault; most people believe only a select few know the combination, but Derek's mission is to share the "combination" so that anyone can access the secrets to financial success.

Here are five key takeaways from Derek's advice:

Identify Your Goals: Write down three personal and three financial goals, then specify what you’ll lose if you don’t achieve them. Visualizing both positive outcomes and the negative consequences is a powerful motivator. (And yes, this includes having that extra latte every day. Let’s be real, it’s part of the dream!)
Earn What You Deserve: Don’t just settle for what you’re currently making. Identify ways to increase your value at your current job by taking on more responsibility, improving efficiency, or providing more value. Remember, the more value you bring, the more you'll earn.
Launch a Side Hustle: Leverage your skills and talents to create a side hustle. What are you good at? What do people constantly ask you for help with? Turn that skill or passion into a profitable business.
Give Back: Linking your financial goals to a charitable cause provides motivation and adds more meaning to your work. Helping others can lead to stronger relationships and enhance your own sense of fulfillment. (And yes, there is also tax benefits to consider!).
Celebrate and Reward Yourself: Celebrate your successes, big or small. This keeps you motivated and helps you build momentum. Don't beat yourself up over setbacks. Learn from your mistakes, adjust your strategy, and move forward.

Derek’s "Millionaire Money Map" provides a simple yet powerful framework for achieving financial freedom. This approach emphasizes the importance of setting clear goals, taking consistent action, and having fun along the way.

You can find Derek Kinney's book, Good Money Revolution, and more information on his website, AnyoneCanBecomeAMillionaire.com. He’s also active on Instagram (@DerekTKinney). Remember, achieving financial success isn't about luck or complicated financial schemes; it's about intentionality, consistency, and the willingness to help others. Good luck, and happy investing!

Watch the original VIDEO HERE!

Book a call with SCOTT HERE!

About Derrick Kinney:

Love the show? Subscribe, rate, review, and share!

Here’s How »

Join the Note Closers Show community today:

Book a call with Scott today at HTTP://TalkWithScottCarson.com to see if 1:1 Note Coaching is right for you!