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 Financial Freedom Tips That Separate the Rich from the Poor

7 Financial Freedom Tips That Separate the Rich from the Poor

Financial Freedom /

Many aspire to financial freedom—the ability to live on your terms without financial constraints—but the path to this coveted state often distinguishes the wealthy from those struggling financially. The rich tend to employ specific strategies that set them apart, enabling them to build and maintain wealth over time. This article explores seven essential financial tips […]

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10 Successful Mindset Lessons from Self-Made Millionaires Based on Psychology

10 Successful Mindset Lessons from Self-Made Millionaires Based on Psychology

Psychology, Wealth /

Self-made millionaires often attribute their success to hard work and a specific mindset that propels them forward. By understanding and adopting these psychological principles, anyone can improve their chances of achieving financial success and personal fulfillment. Based on surveys, studies, and research, let’s explore ten key mindset lessons crucial for many self-made millionaires. 1. Embrace

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If You Really Want to Be Wealthier, Develop These 10 Self-Disciplined Habits

If You Really Want to Be Wealthier, Develop These 10 Self-Disciplined Habits

Wealth /

Wealth-building is more than just earning money; it’s about cultivating habits that foster financial growth and stability. While many focus on traditional investment strategies, true financial success often lies in developing self-disciplined habits that shape your approach to money, business, and investing. Let’s explore ten unique, powerful habits that require self-discipline and can significantly impact

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Here’s How Much the Definition of Middle Class Has Changed in the Midwest

Here’s How Much the Definition of Middle Class Has Changed in the Midwest

Economics /

Once the epitome of middle-class prosperity, the American Midwest has dramatically transformed in recent years. This article explores how the definition of “middle class” has shifted across 12 Midwestern states over the past decade, revealing surprising changes in income ranges and economic realities. 1. The Shifting Landscape of the Midwestern Middle Class The concept of

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If You Really Want to Be Rich, Avoid These 10 Middle-Class Money Mistakes

If You Really Want to Be Rich, Avoid These 10 Middle-Class Money Mistakes

Wealth /

Building wealth isn’t just about earning more money—it’s about making wise financial decisions and avoiding common pitfalls. Many middle-class people struggle to accumulate wealth despite having decent incomes. The reason? They often fall into financial traps that hinder their progress. By recognizing and steering clear of these money mistakes, you can set yourself on a

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10 Financial Freedom Lessons Old Men Learn Too Late in Life

10 Financial Freedom Lessons Men Learn Too Late in Life

Financial Freedom /

Many men aspire to financial freedom yet find it elusive. The path to financial independence is paved with lessons that, if learned early, can significantly impact one’s financial future. Unfortunately, many men realize these crucial lessons too late in life. This article explores ten lessons on financial freedom that can lead to long-term financial success

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7 Reasons the Poor Stay Poor and the Middle Class Doesn't Become Wealthy

7 Reasons the Poor Stay Poor and the Middle Class Doesn’t Become Wealthy

Wealth /

In today’s complex economic landscape, the persistence of poverty and the challenges the middle class faces in building wealth are pressing issues. Understanding the factors contributing to these financial struggles is crucial for individuals and society. This article explores seven key reasons why the poor often remain in poverty and why the middle class frequently

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If You Really Want to Secure Financial Freedom

If You Really Want to Secure Financial Freedom, Implement These 7 Dave Ramsey Strategies

Financial Freedom /

Financial freedom is a goal many aspire to, but few achieve. Enter Dave Ramsey, a renowned personal finance expert who has helped millions transform their economic lives. His straightforward advice and proven strategies have guided countless individuals from debt to wealth. This article will explore seven key Dave Ramsey strategies for achieving financial freedom. By

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