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.

7 Signs You're Becoming Rich Even If You Were Born Poor

7 Signs You’re Becoming Rich Even If You Were Born Poor

Wealth /

The journey from poverty to wealth is challenging but not impossible. Many individuals have successfully navigated this path, demonstrating that your starting point doesn’t have to determine your financial destiny. This article explores seven key indicators that suggest you’re on the road to financial success, even if you began your journey with limited resources. These […]

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10 Signs You're Living in the Middle Class, According to Economics

10 Signs You’re Living in the Middle Class, According to Economics

Economics /

The middle class has long been a cornerstone of American society, representing financial stability, upward mobility, and the achievement of the “American Dream.” However, defining the middle class can be challenging, as it varies based on location, family size, and individual perceptions. This article explores ten key indicators economists and financial experts use to identify

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People Who Are Wealthy Follow These 7 Rules for Financial Independence

People Who Are Wealthy Follow These 7 Rules for Financial Independence

Financial Independence, Wealth /

According to a survey by Achieve, only 11% of Americans believe they are living their definition of financial freedom, which includes being debt-free and comfortably meeting monthly financial obligations. [1] This small percentage of individuals has unlocked the secret to true financial freedom, allowing them to live on their terms without the constant worry of

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How to Use Inflation to Your Advantage to Become Wealthier

How to Use Inflation to Your Advantage to Become Wealthier

Wealth /

Inflation, the gradual price increase of all goods and services over time due to increased money supply, is often viewed as a financial challenge. However, with the right strategies, you can turn this economic phenomenon into an opportunity for wealth accumulation. This article explores how to leverage inflation to your advantage and build wealth. 1.

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10 Signs You're Moving from Middle Class to Upper Class

10 Signs You’re Moving from Middle Class to Upper Class

Personal Finance /

Have you ever wondered if your financial situation is evolving beyond the middle class? The journey from middle to upper class isn’t just about a bigger paycheck or a fancier car. It’s a complex transition involving changes in financial habits, lifestyle, and mindset. While the definition of “upper class” can vary depending on location and

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5 Things Rich Families Buy That Middle-Class Families Can't Afford Anymore

5 Things Rich Families Buy That Middle-Class Families Can’t Afford Anymore

Wealth /

Today’s wealth gap between wealthy and middle-class families widens, creating stark differences in lifestyle and opportunities. This growing disparity manifests in daily life, from education to healthcare. By examining five key areas where wealthy families can invest heavily, we can better understand the real-world implications of these economic differences and their potential long-term effects on

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People With These Upper-Class Financial Rules Are Happier, According to Psychology

People With These Upper-Class Financial Rules Are Happier, According to Psychology

Wealth /

In today’s world, pursuing happiness often intertwines with financial success. While money alone doesn’t guarantee contentment, recent psychological research reveals that certain financial practices associated with upper-class individuals tend to lead to greater life satisfaction. This article explores these practices and their impact on overall well-being, offering insights that can be valuable across various income

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5 Things the Middle Class Will Never Be Able to Afford Again Due to Inflation

5 Things the Middle Class Will Never Be Able to Afford Again Due to Inflation

Economics, Personal Finance /

Inflation has become a relentless force in the global economy, eroding the purchasing power of middle-class families and reshaping their financial lives. As prices continue to rise faster than wages, many items once considered staples of middle-class life have slipped out of reach. This article explores five key areas where inflation has hit the middle

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5 Stoic Techniques to Remain Calm During Stock Market Volatility

5 Stoic Techniques to Remain Calm During Stock Market Volatility

Stock Market, Stoicism /

Maintaining composure during volatility can be challenging in the unpredictable world of stock market investing. However, by applying timeless wisdom from Stoic philosophy, investors can develop mental resilience and make more rational decisions. This article explores five Stoic techniques for remaining calm and focused on what matters when the markets are in turmoil. 1. Focus

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