Author name: Steve Burns

After a lifelong fascination with financial markets, Steve began investing in 1993 and trading his accounts in 1995. It was love at first trade. After more than 30 successful years in the markets, Steve now dedicates his time to helping traders improve their psychology and profitability. New Trader U offers an extensive blog resource with more than 4,000 original articles, online courses, and best-selling books covering various topics.

10 Ways to Shift From a Broke Mindset to a Rich Mindset

10 Ways to Shift From a Broke Mindset to a Rich Mindset

Wealth /

Financial success starts in the mind before it manifests in your wallet. The journey from financial struggle to abundance requires a fundamental shift in thinking about money, opportunity, and potential. This article will explore how to transform your financial mindset and create lasting wealth using proven strategies that have helped countless individuals move from scarcity […]

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5 Books the Middle Class Need to Read to Protect Themselves From Inflation

5 Books the Middle Class Need to Read to Protect Themselves From Inflation

Economics, Inflation /

Over the past four years, inflation has become a pressing concern for many middle-class families. It is eroding purchasing power and threatening financial stability for individuals and businesses. You must arm yourself with knowledge to navigate this new economy where everything has become more expensive. Here are five essential books that offer valuable insights into

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People Who Build Silent Wealth Follow These 10 Principles

People Who Build Silent Wealth Follow These 10 Principles

Wealth /

In a world obsessed with flashy displays of financial success, a select group of individuals takes a different path – building wealth silently and sustainably. This approach, often called “silent wealth” or “stealth wealth,” focuses on the steady accumulation and preservation of assets without drawing attention. These wealth builders understand that true financial success comes

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10 Books Rich People Study That Broke People Have Never Heard Of

10 Books Rich People Study That Broke People Have Never Heard Of

Book Reviews, Books, Wealth /

Knowledge is often the key differentiator in wealth and success. While many aspire to financial prosperity, few know the literary treasures that have shaped the minds of the world’s most affluent individuals.This article delves into ten books that have profoundly influenced the thinking and strategies of wealthy entrepreneurs and billionaires—books that may not be on

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5 Things Only the Upper Class Understands About Financial Independence and The Middle Class Does Not

5 Things Only the Upper Class Understands About Financial Independence and The Middle Class Does Not

Financial Independence /

The path to financial independence often looks different depending on your vantage point. While the middle class typically focuses on saving for retirement and maintaining job security, the upper class approaches wealth-building through a distinctly different lens. Understanding these crucial differences can help anyone adapt and apply these powerful principles to their financial journey, regardless

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Broke to Rich 5 Disciplined Patterns That Change Everything

Broke to Rich: 5 Disciplined Patterns That Change Everything

Wealth /

Financial transformation isn’t about luck or inheritance but consistent, disciplined patterns that compound over time. The journey from financial struggle to prosperity follows explicit, repeatable behaviors anyone can adopt. While the path may seem complicated, breaking it down into specific patterns of discipline makes it achievable for anyone willing to commit to change. Let’s explore

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5 Money Lessons From Warren Buffett That Will Change Your Financial Life

5 Money Lessons From Warren Buffett That Will Change Your Financial Life

Personal Finance /

The Oracle of Omaha has spent decades sharing his investment wisdom, yet his most potent lessons extend beyond stock picking into fundamental principles that can transform anyone’s financial future. The insights in this article from Warren Buffett offer a blueprint for building lasting wealth and economic security, regardless of your starting point or current economic

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7 Ways the Upper Class Builds Wealth While the Middle Class Struggles

7 Ways the Upper Class Builds Wealth While the Middle Class Struggles

Wealth /

In today’s economic landscape, the divide between the upper and middle classes continues to widen, with many middle-class families struggling to achieve financial stability. While the wealthy employ sophisticated strategies to build and maintain their wealth, the middle class often finds itself constrained by rising costs and stagnant wages. This article explores seven key methods

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10 Books that Rich Traders Read that New Traders Rarely Open

10 Books that Rich Traders Read that New Traders Rarely Open

Trading, trading books /

In the world of trading and investing, knowledge is power. While many novice traders focus on the latest hot tips or trendy strategies, seasoned professionals often turn to timeless wisdom found in classic trading books. In this article, I’ve listed the top ten most common trading books recommended by rich traders like the late William

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