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.

10 Priceless Books That Transform Your Mindset to Success

10 PRICELESS Books That Transform Your Mindset From Weak to Powerful

The right mindset is often the key differentiator between those who achieve their goals and those who fall short in the journey toward personal and professional success. The following ten books offer invaluable insights, strategies, and perspectives that can help you cultivate a success-oriented mindset. These works can transform your thinking and propel you towards […]

10 PRICELESS Books That Transform Your Mindset From Weak to Powerful Read More »

Wealth Builders vs. Wage Earners The 5 Psychological Differences That Separate The Winners From the Losers

Wealth Builders vs. Wage Earners: The 5 Psychological Differences That Matter the Most

The path to financial success isn’t one-size-fits-all. Understanding the psychological differences between wealth builders and wage earners can explain why some naturally gravitate toward entrepreneurship while others find fulfillment in traditional employment. These distinct approaches to earning a paycheck versus building financial independence stem from fundamental differences in mindset, risk tolerance, and long-term perspectives. Here

Wealth Builders vs. Wage Earners: The 5 Psychological Differences That Matter the Most Read More »

Billionaires Swear by These 5 Books--Why the Middle Class Ignores Them At Their Own Peril

Billionaires Swear by These 5 Books and Why the Middle Class Ignores Them at Their Own Peril

Have you ever wondered what sets billionaires apart from the middle class? While factors like opportunity, luck, and hard work play significant roles, another element often goes unnoticed: the books they read. Billionaires consistently recommend certain books that have shaped their thinking and contributed to their success. Surprisingly, the middle class often overlooks many of

Billionaires Swear by These 5 Books and Why the Middle Class Ignores Them at Their Own Peril Read More »

The 10 Psychological Traps Secretly Keeping You from Getting Rich

These 10 Emotional Money Traps Are Silently Destroying Your Wealth

Money management extends beyond numbers – deeply intertwined with emotions and psychological patterns. These unconscious behaviors can silently erode wealth-building potential, regardless of income level. Understanding these emotional money traps is the first step toward developing a healthier relationship with finances. Let’s explore ten emotional money traps that are silently destroying your wealth.  1. Retail

These 10 Emotional Money Traps Are Silently Destroying Your Wealth Read More »

Warren Buffett’s #1 Rule for Beating Inflation (And Why Most People Ignore It)

Warren Buffett’s #1 Rule for Beating Inflation (And Why Most People Ignore It)

In a world where financial advice often focuses on complex investment strategies and market trends, Warren Buffett, one of the most successful investors of our time, offers a refreshingly simple yet powerful approach to beating inflation. This article delves into Buffett’s number one rule for maintaining and growing your wealth in the face of rising

Warren Buffett’s #1 Rule for Beating Inflation (And Why Most People Ignore It) Read More »

10 Surprising Middle-Class Money Habits That Keep You Poor According to Warren Buffett

10 Surprising Middle-Class Money Habits That Keep You Poor According to Warren Buffett

Warren Buffett, known as the “Oracle of Omaha,” built a business empire through wise investing, and he laid the foundation for his later wealth through frugal living as an adult. Despite his immense wealth, Buffett’s financial wisdom often applies to the middle class, offering insights on how to build wealth and avoid common pitfalls. This

10 Surprising Middle-Class Money Habits That Keep You Poor According to Warren Buffett Read More »

7 Rich People Psychology Habits the Poor Refuse to Learn Even If It Ruins Them

7 Rich People Psychology Habits the Poor Refuse to Learn Even If It RUINS Them

In the pursuit of financial success, it’s not just about what you do but how you think. Wealthy individuals often cultivate specific psychological habits that set them apart from those struggling financially. These habits are not innate traits but learned behaviors that anyone can adopt. Let’s explore seven key psychological habits that wealthy people embrace

7 Rich People Psychology Habits the Poor Refuse to Learn Even If It RUINS Them Read More »

10 Shocking Self-Discipline Habits of the World's Wealthiest People That You Don't Do

10 Shocking Self-Discipline Habits of the World’s Wealthiest People That Most People Don’t Do

Self-discipline is a cornerstone of success, and the world’s wealthiest individuals have mastered this trait to achieve their goals. By adopting the following habits, you can set yourself on a path to greater productivity, success, and wealth. Let’s explore ten self-discipline habits practiced by billionaires and learn how to incorporate them into your life. 1.

10 Shocking Self-Discipline Habits of the World’s Wealthiest People That Most People Don’t Do Read More »

Stop Wasting Your Life - 7 Things I Quit to Go From Middle Class to Millionaire

Stop Wasting Your Life – 7 Things I Quit to Go From Middle Class to Millionaire

Thirty-five years ago, I sat in my cramped apartment, staring at past-due bills and wondering if this was all life had to offer. Like many others, I had a decent job but lived paycheck to paycheck, dreaming of financial freedom while stuck in patterns of earning and spending that so many never escape. When I

Stop Wasting Your Life – 7 Things I Quit to Go From Middle Class to Millionaire Read More »

If You Really Want To Master The Psychology Of Money, Adopt These 10 Life-Changing Mindset Shifts

If You Really Want To Master The Psychology Of Money, Adopt These 10 Life-Changing Mindset Shifts

Money management isn’t just about numbers and spreadsheets—it’s deeply rooted in psychology. The way you think about money influences every financial decision you make. Adopting the following powerful mindset shifts can transform your relationship with money and build a stronger financial future for yourself. If you really want to master the psychology of money, adopt

If You Really Want To Master The Psychology Of Money, Adopt These 10 Life-Changing Mindset Shifts Read More »