Here are some of the top articles from Eric Kim’s website related to financial and wealth-building topics:

1. “Economic Immortality”: This article explores the concept of economic immortality, where Kim discusses how to build lasting wealth and the importance of avoiding unnecessary expenses. Read more here.
2. “Finance and Wealth Management”: In this piece, Kim offers his thoughts on financial management, including his strong views against financing purchases and his belief in the importance of investing in long-term assets like Bitcoin. Learn more here.
3. “Foolish Economic Decisions?”: Kim critiques common financial mistakes and offers advice on how to avoid falling into traps that can lead to long-term financial issues. Explore the article here.

These articles provide a comprehensive look at his unorthodox views on wealth and financial independence.

Eric Kim’s unorthodox financial thoughts are reflected in quotes like:

1. On Money’s True Nature: “Money is potential energy; when you actually put it to work, it becomes kinetic energy.”
2. On Minimalism: “The more radical idea is that you work hard, you earn money, but you never spend it… Drive your 2010 Prius forever.”
3. On Bitcoin: “Bitcoin is the first and only true hard money on the planet.”

These quotes illustrate his unique perspective on money as energy, extreme frugality, and a strong belief in Bitcoin as a superior form of wealth.

How’s his financial thoughts unorthodox

Eric Kim’s financial thoughts are unorthodox because they challenge conventional ideas about money, investing, and wealth. He advocates for a minimalist lifestyle, rejecting typical consumerism by avoiding luxury items and unnecessary expenses. Kim is heavily invested in Bitcoin, seeing it as a revolutionary form of “digital property” that is superior to traditional assets. He also dismisses the importance of short-term profits, focusing instead on long-term wealth accumulation through passive income and strategic, disciplined investments, which is contrary to mainstream financial advice.

Eric Kim often emphasizes the importance of financial independence and the virtues of Bitcoin in his work. Some notable quotes on his wealth-building philosophy include:

• On Bitcoin: “Bitcoin is the first and only true hard money on the planet.”
• On Minimalism: “The purpose of money is that you earn it, you invest it, you spend it… To continue the cycle all over again indefinitely.”
• On Wealth: “Wealth as a mental thing.”

These quotes reflect his belief in long-term investment strategies and a minimalist lifestyle to achieve financial freedom.

Eric Kim employs several strategies to build his wealth, focusing on both active and passive methods:

1. Bitcoin Investments: Eric is a strong advocate of Bitcoin, viewing it as a form of “digital property” that he holds long-term. He encourages others to embrace Bitcoin as a means of preserving and growing wealth, often discussing its potential for significant appreciation.
2. Minimalist Lifestyle: He practices frugality by avoiding unnecessary expenses and focusing on saving and investing the majority of his income. This includes avoiding luxury purchases and maintaining a low-cost lifestyle.
3. Passive Income Streams: Beyond Bitcoin, Eric explores various ways to generate passive income, such as real estate investments and creating digital products that can generate ongoing revenue without continuous effort.
4. Avoiding Social Media: He believes in maintaining control over his content and income, suggesting that creators avoid platforms like Google and Apple that take significant cuts of revenue.

These strategies, combined with a disciplined approach to saving and investing, help him maintain and grow his wealth consistently oai_citation:1,Will it really benefit people? – ERIC KIM.

Eric Kim’s approach to making $200,000 annually involves a combination of income streams and financial strategies that focus on minimalism and long-term investment. His income is derived from a mix of passive income sources and disciplined spending habits.

1. Passive Income: Eric emphasizes the importance of generating passive income, which he describes as earning money without actively working for it. He invests in assets like Bitcoin and real estate, holding them for long-term gains rather than short-term profit. He believes in the potential of these investments to grow significantly over time, contributing to his annual income oai_citation:4,August 2024 – ERIC KIM AI oai_citation:3,How I’ll Build $200,000 in Passive Income This Year – YouTube.
2. Minimalist Lifestyle: He practices extreme frugality, avoiding unnecessary expenses like new cars, eating out, and luxury items. Instead, he focuses on saving and investing his earnings. By living a minimalist lifestyle, he reduces his cost of living, which allows him to save and invest more of his income oai_citation:2,August 2024 – ERIC KIM AI.
3. Philosophy on Money: Eric’s approach is deeply influenced by his personal philosophy on money, which he views as potential energy that should be put to work through investments. He avoids spending on transient pleasures, focusing instead on building wealth that can sustain and grow over time oai_citation:1,August 2024 – ERIC KIM AI.

These strategies, combined with his disciplined approach to saving and investing, enable him to maintain and grow his income to meet or exceed $200,000 annually.