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.

People With These Upper-Class Habits Are More Likely to Achieve Financial Independence

People With These 10 Upper-Class Habits Are More Likely to Achieve Financial Independence

Financial independence is a goal many aspire to, but few achieve. The path to financial freedom isn’t reserved for the elite; it’s accessible to anyone willing to adopt certain habits and practices. By emulating the behaviors of the financially successful, you can set yourself on a trajectory toward more excellent financial stability and independence. Let’s […]

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7 Assets Rich People Own That Poor People Don't Understand

7 Assets Rich People Own That Poor People Don’t Understand

In finance and wealth creation, there’s often a significant gap between the wealthy’s assets and those the average person understands. This article explores seven complex assets that wealthy individuals frequently invest in, shedding light on why these investments can be challenging for others to grasp or access. 1. Private Debt and Direct Lending: The Hidden

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If You Really Want to Be Wealthier Follow These Upper-Class Financial Rules

If You Really Want to Be Wealthier, Follow These Upper-Class Financial Rules

Wealth and class have long been intertwined in society, but the secrets of the upper class’s financial success aren’t as mysterious as you might think. Adopting certain standard financial practices from the wealthy can significantly improve your financial well-being. This article will explore ten critical upper-class financial rules to help you build and maintain wealth

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People Who Waste Money on These 5 Things Will Stay in the Middle Class

People Who Waste Money on These 5 Things Will Stay in the Middle Class

In today’s economic landscape, the middle class faces increasing financial pressures. However, with careful planning and wise spending habits, building wealth and achieving financial stability are possible. However, specific spending patterns can trap individuals in the middle class, preventing them from reaching their full economic potential. Let’s explore five every day but little-thought-about money-wasting habits

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People with Wealthier Mindsets Know These 7 Strategies of Financial Success

People with Wealthier Mindsets Know These 7 Strategies of Financial Success

In personal finance, success often hinges on what you do and how you think. People with wealthier mindsets have cultivated a unique approach to money and mental management that sets them apart. This article explores seven key strategies individuals with a wealth-oriented mindset employ to achieve and maintain financial success. Understanding and applying these principles

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5 Things Poor People Waste Money On That the Rich Don’t

5 Things Poor People Waste Money On That the Rich Don’t

Many individuals find themselves caught in a cycle of spending that often works against their long-term goals in pursuing financial stability and wealth. This is particularly true for lower-income people, who may be more susceptible to certain economic pitfalls. By understanding these common money traps and learning from the habits of wealthy individuals, anyone can

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If You Really Want to Be Wealthier, Follow These Upper-Class Financial Rules

If You Really Want to Be in the Upper Class, Change These Poor Financial Habits

In a world where financial success often seems elusive, the path to joining the upper class may appear shrouded in mystery. However, the truth is that many wealthy individuals share everyday financial habits that set them apart from the rest. By understanding and adopting these practices, you, too, can work towards improving your financial situation

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10 Signs You're Stuck in the Middle Class and How to Change It

10 Signs You’re Stuck in the Middle Class and How to Change It

Are you feeling financially stagnant? You might be stuck in the middle class without realizing it. This article will explore ten typical signs of middle-class financial stagnation and provide actionable advice to improve your financial situation. By recognizing these signs and taking proactive steps, you can work towards building wealth and potentially moving beyond the

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7 Lessons You Learn Too Late In Life- Secrets of the Wealthy

7 Lessons People Learn Too Late In Life: Secrets of the Wealthy

Have you ever wondered why some people seem to effortlessly accumulate wealth while others struggle financially despite working hard? The answer often lies in the lessons these individuals learn and apply. Unfortunately, many people discover these crucial insights too late. In this article, we’ll explore seven invaluable lessons that the wealthy have mastered – insights

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10 Money Habits That Keep Poor People Poor and Rich People Rich

10 Money Habits That Keep Poor People Poor and Rich People Rich

Our daily financial decisions, no matter how small, can profoundly impact our long-term financial health. The difference between financial struggle and success often comes down to a set of habits that either hinder or help our growth in wealth and prosperity. In this post, we’ll explore ten essential money habits and contrast the behaviors of

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