Steve Burns, Author at New Trader U

7 Assets the Middle Class Needs to Build Real Wealth

Building lasting wealth isn’t just for the ultra-wealthy. With strategic planning and consistent action, middle-class families and individuals can create substantial wealth over time through seven critical assets. Here’s your roadmap to building sustainable wealth over the long term. 1. Turn Your Home Into a Wealth-Building Engine Homeownership remains the cornerstone of middle-class wealth building […]

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If You Really Want to Build Financial Freedom, Master These 7 Investing Principles

Financial Freedom, Financial Independence, Investing / Steve Burns

Building financial freedom isn’t a matter of luck or inherited wealth—it’s about understanding and consistently applying fundamental investing principles. While the path to financial independence might seem complex, it can be simplified into seven core strategies that work together. These time-tested approaches have helped countless investors build lasting wealth, and they can work for you,

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People Who Move From Poor To Rich Share These Success Habits

People Who Move From Poor To Rich Share These 15 Success Habits

Success / Steve Burns

Recent studies reveal that many wealthy individuals have built their fortunes from modest beginnings. Their journeys unveil a fascinating pattern of habits and mindsets transforming their financial trajectories. While each path to wealth is unique, successful individuals often share standard practices that drive wealth creation. These habits and mindsets form the foundation of their financial

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How Rich People Think vs How Poor People Think (10 Mental Models)

Wealth / Steve Burns

Your financial destiny isn’t just about what’s in your bank account – it’s deeply rooted in how you think about money, time, and resources. Mental models, the frameworks we use to make decisions and solve problems, often separate those who build wealth from those who struggle financially. Understanding these differences isn’t about judgment but recognizing

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7 Things Stopping You From Building Real Wealth Right Now

Wealth / Steve Burns

Recent financial studies indicate that many Americans struggle to build lasting wealth, even with steady incomes. Specifically, data suggests that around 65% of Americans struggle to accumulate substantial wealth due to various systemic and personal factors affecting their financial stability and growth. These factors include high debt levels, inadequate savings, and barriers to investment opportunities,

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5 Things the Middle Class Must Stop Buying in 2024

Economics, Personal Finance / Steve Burns

As inflation continues to impact household budgets, making strategic spending decisions has become crucial for middle-class families. Here’s a detailed look at five key areas where adjusting purchasing habits can lead to significant savings in 2024. 1. The Hidden Cost of Restaurant Convenience: Why Home Cooking is Your 2024 Superpower According to a Bloomberg report,

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10 Lessons Men Learn Too Late in Life, According to Psychology

Psychology, Success / Steve Burns

Throughout life, individuals accumulate wisdom through experiences, reflections, and interactions. For many men, specific insights become apparent only in hindsight, often after missed opportunities or facing significant challenges. Drawing from various branches of psychology, these ten lessons below emerge as crucial insights that, if embraced earlier, could transform men’s lives. 1. Showing Emotions Makes You

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Escaping the Rat Race: 10 Middle-Class Money Habits That Block Wealth

Wealth / Steve Burns

Financial freedom remains elusive for middle-class individuals trapped in the endless cycle of working harder without real financial progress. Breaking free requires understanding and changing specific habits that keep middle-class employees bound to the rat race. Here’s a deep dive into these wealth-blocking behaviors and how to overcome them. 1. The Lifestyle Inflation Trap: Why

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10 Ways the Upper Class Save Money That Poor and Middle-Class People Don't

10 Ways That the Upper Class Save Money That Poor and Middle-Class People Don’t

Personal Finance / Steve Burns

The stark contrast between how the wealthy and average Americans manage their money extends beyond simple budgeting. While most people focus on cutting coupons and finding the best deals at retail stores, the upper class employs sophisticated strategies that can save them millions. Here’s an inside look at ten powerful money-saving techniques highlighting America’s financial

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Habits of the Rich vs Poor: 10 Financial Literacy Lessons

Personal Finance / Steve Burns

Financial success isn’t merely about earning more – it’s about developing habits that build wealth over time. Let’s explore the key differences between wealthy and poor financial behaviors and essential lessons for financial growth. 1. The Art of Budgeting and Smart Spending Rich Habits: Wealthy individuals meticulously track their income and expenses through detailed budgets.

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Author name: Steve Burns