MG Economy
by SimplyJames
MG Economy gives multiplayer servers a basic money system in which players earn currency as they gain experience levels.
What it does
Players receive a set amount of money for each experience level they reach, with the amount rising at higher levels. Money is paid out as physical bills in denominations of 1, 5 and 10, so the currency can be carried, traded and spent in the world. Once a player reaches level 100 the payouts stop growing for further levels, though the player still earns money from gains that come after that point.
The mod is a light-weight economy for small modded servers that want a simple currency without installing larger economy libraries or other required mods. A config option turns off the animation that plays when money is added. The mod is built only for Forge 1.20.1, so it has no builds for other Minecraft versions or loaders.
MG Economy runs on client and server, so the server and every player need it. It is released under the GNU General Public License v3.0 only and is not open source. The current file is version 1.0 for 1.20.1, first published and last updated on 2024-06-18.
Key features
Experience-based income
Money is paid out as players reach new experience levels, with larger amounts for higher levels.
Physical bills
Currency comes as 1, 5 and 10 bills that players can hold and spend.
Level cap on payouts
Payouts stop growing once a player passes level 100, while later level gains still pay money.
Optional animation toggle
A setting disables the animation shown when money is added to a player's balance.
Compatibility
Latest build for each game version and loader.
Only full game releases are shown. This mod publishes no snapshot builds.
Use cases
Small modded servers
Server owners who want a basic currency without extra libraries can add MG Economy as a single mod.
Who it’s for: Server owners running a Forge 1.20.1 world who want a simple, lightweight economy for players.
How it compares
RP Money is also a Forge 1.20.1 economy that players install on the client and server, but it is under the MIT License and is not open source. DaDokk_'s Economy Mod is open source under the MIT License and covers 1.20.1 – 1.20.6, so it reaches more versions. Duck Bills, craftable money is required on the server, with the client optional, and is released under All rights reserved.
| Mod | Loaders | Game versions | Environment | Updated |
|---|---|---|---|---|
| MG Economy | Forge | 1.20.1 | Client and server | 2024-06-18 |
| RP Money | Forge | 1.20.1 | Client and server | 2026-03-13 |
| DaDokk_'s Economy Mod | Forge | 1.20.1 – 1.20.6 | Client and server | 2026-04-10 |
| Duck Bills, craftable money | Forge | 1.20.1 | Server required, client optional | 2025-05-07 |
Questions
Does MG Economy need Forge?
Do both the server and the players need the mod?
Can MG Economy be used with other versions?
Does the mod require any other mods?
In the catalog
MG Economy is one of 2,072 Economy mods on ModsFinder, and one of 1,010 Economy mods for Forge. 34,764 mods support Minecraft 1.20.1.
More from SimplyJames
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What the author says
MG Economy is a simple light-weight mod that adds a basic economy to minecraft. This mod is great for small modded servers that want a basic economy without needing any lib mods or other required mods. This mod currently only supports forge 1.20.1 and ports to diffrent versions are no
Official listing
- Modrinth page
- modrinth.com/mod/mg-economy
- Owner
- SimplyJames
- Published
- 2024-06-18
- Updated on Modrinth
- 2024-06-18
- Facts verified
- 2026-10-15