Nashville singer-songwriter Derek Hoke told the Songfacts podcast
he wanted his Electric Mountain
album to include the various influences that make him excited about music. "I wanna make a record incorporating all the things that I love in there without putting them all into one song at a time."
For this tune, which features vocals from alt-folk artist Thayer Sarrano, that meant writing a different kind of blues song.
"'Got Money' is basically a blues song that has no guitar solos and that's something I'm super proud of," Hoke explained in a track-by-track commentary. "It's a BB King type of tune but instead of electric guitars we have synthesizers and Thayer Sarrano's in the background doing some breathy stuff… doing something new with something that's been done a million times. I have everything in the world but if you're gone, I have nothing - but how do you do that without playing a sweet blues guitar solo and I think we achieved that."