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 Who Achieve Wealth Focus on These 7 Core Behaviors

People Who Achieve Wealth Focus on These 7 Core Behaviors

Building lasting wealth isn’t just about smart investments or high-paying jobs—it’s about developing specific behaviors that create long-term success. The most successful wealth builders share common traits that set them apart. These seven core behaviors form the foundation of their approach to creating and maintaining wealth through deliberate practice and consistent execution. 1. Adopting a […]

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People Who Are Middle Class Need to Stop Following These 5 Common Financial Behaviors

People Who are Middle Class Need to Stop Following These 5 Common Financial Behaviors

Building wealth in the middle class often feels like running on a treadmill – lots of motion but little forward progress. Many in the middle class follow financial behaviors that seem sensible on the surface but hold them back from actual financial growth. These habits, often passed down through generations or learned from well-meaning friends

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People Who Build Real Wealth Never Fall for These 10 Financial Myths

People Who Build Real Wealth Never Fall for These 10 Financial Myths

Building wealth is a journey that requires knowledge, discipline, and the ability to separate financial facts from fiction. Many people struggle to accumulate wealth not because of a lack of income but because of misconceptions about money management and investing.Let’s explore and learn how to overcome ten common financial myths that often hold people back

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10 Ways the Rich Value Time More Than the Broke Value Money

10 Ways the Rich Value Time More Than the Broke Value Money

Time and money are two resources we all have in varying degrees, yet how we prioritize them often determines our financial trajectory. The wealthy and the financially struggling approach these resources from fundamentally different angles. While those struggling with money usually focus intensely on every dollar, the rich tend to prioritize time. Understanding these contrasting

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The Top 5 Things Keeping You Stuck in the Lower Middle Class

The Top 5 Things Keeping You Stuck in the Lower Middle Class

Living paycheck to paycheck while watching others advance financially can feel like running on a treadmill—an exhausting effort with little forward progress. For many Americans in the lower middle class, this struggle isn’t due to lack of effort but rather persistent economic barriers that create a cycle of financial stagnation. While the path to economic

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10 Books Middle-Class Millionaires Have Read That Broke People Never Opened

10 Books Middle-Class Millionaires Have Read That Broke People Never Opened

Building wealth isn’t just about earning more money—it’s about adopting the right mindset, habits, and strategies. Middle-class millionaires who have achieved financial independence through hard work and smart decisions often credit their success to the knowledge gained from specific books. These books provide insights into money management, personal growth, and wealth-building strategies that many financially

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5 Financial Decisions That Separate the Rich from the Working Class

5 Financial Decisions That Separate the Rich from the Working Class

Certain decisions can significantly impact an individual’s financial trajectory in their personal finances. While wealth accumulation is influenced by various factors, including opportunity and circumstance, specific financial choices often distinguish the wealthy from the working class. This article explores five key economic decisions that tend to separate these two groups, offering insights into how different

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People Who Build Wealth in Any Economy Follow These 5 Principles

People Who Build Wealth in Any Economy Follow These 5 Principles

Building lasting wealth isn’t about timing the market or catching the next big trend. It’s about following time-tested principles that work regardless of economic conditions. The most successful wealth builders understand that financial success comes from a strategic approach that combines career planning, business acumen, and wise investment decisions regardless of the economic environment they

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People Who Are Wealthier Know These 5 Key Investment Strategies

People Who Are Wealthier Know These 5 Key Investment Strategies

Building wealth through investing isn’t about finding secret strategies or making risky bets. Wealthy investors often follow straightforward, time-tested approaches that leverage the power of consistency, low costs, and patience. Let’s explore five key investment strategies successful investors use to build and maintain wealth. 1. Why Smart Investors Use Dollar-Cost Averaging to Build Wealth Dollar-cost

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America's Middle Class Is Fleeing From These 10 States in Droves in 2024

America’s Middle Class Is Fleeing From These 10 States in Droves in 2024

The American middle class, long considered the backbone of the nation’s economy, faces unprecedented challenges in 2024. As the cost of living continues to rise and economic opportunities shift, many middle-class families are making the difficult decision to leave their home states in search of greener pastures.This exodus is reshaping the country’s demographic landscape and

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