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.

Income and Net Worth to Be Middle Class in USA

Income and Net Worth to Be Middle Class in the USA

The “middle class” concept in America has long been a cornerstone of the nation’s economic identity. However, defining what it means to be middle class regarding income and net worth can be complex, as these figures vary significantly based on numerous factors. This article delves into the current state of middle-class finances in the USA, […]

Income and Net Worth to Be Middle Class in the USA Read More »

Wealthy Habits- 10 Things Rich People Do Differently

Wealthy Habits: 10 Things Rich People Do Differently

Wealth creation isn’t just about luck or inheritance. Often, the result of specific habits and behaviors sets wealthy individuals apart from the rest. While money isn’t everything, understanding these practices can provide valuable insights for those aspiring to build wealth. In this article, we’ll explore ten things that rich people do differently, offering you a

Wealthy Habits: 10 Things Rich People Do Differently Read More »

8 Lifestyle Choices That Prevent You from Getting Rich

8 Lifestyle Choices That Prevent You from Getting Rich

Have you ever wondered why some people effortlessly build wealth while others struggle to make ends meet? The answer often lies not in luck or inheritance but in everyday choices. Lifestyle decisions can significantly impact the ability to accumulate wealth over time. This article will explore eight common lifestyle choices that could prevent you from

8 Lifestyle Choices That Prevent You from Getting Rich Read More »

7 Surprising Indicators You're on Track for a Cushy Middle-Class Retirement

7 Surprising Indicators You’re on Track for a Cushy Middle-Class Retirement

Retirement planning can often feel like a complex puzzle, leaving many middle-class Americans wondering if they’re on the right track. While traditional markers like account balances and savings rates are essential, several surprising indicators indicate that you might be better prepared for a more comfortable retirement than you think. Let’s explore seven unexpected signs that

7 Surprising Indicators You’re on Track for a Cushy Middle-Class Retirement Read More »

8 Routine Behaviors That Sabotage Your Financial Future

8 Routine Behaviors That Sabotage Your Financial Future

In the journey towards financial stability and success, we often focus on big decisions and major life events. However, it’s the small, everyday behaviors that can have the most significant impact on our financial future. Let’s explore eight routine behaviors that might quietly sabotage your financial goals and learn how to overcome them. 1. Procrastination:

8 Routine Behaviors That Sabotage Your Financial Future Read More »

People Who Always Move Forward Financially in Life Share These 10 Simple Habits

People Who Always Move Forward Financially in Life Share These 10 Simple Habits

Financial success isn’t about making a fortune overnight. It’s about cultivating habits that consistently move you toward your financial goals, step by step. Those who seem to be constantly making progress in their financial lives aren’t necessarily the highest earners or born into wealth. Instead, they share everyday habits that, when practiced consistently, lead to

People Who Always Move Forward Financially in Life Share These 10 Simple Habits Read More »

6 Traps Keeping the Poor Trapped in Poverty and the Middle Class From True Wealth

6 Traps Keeping the Poor Trapped in Poverty and the Middle Class From True Wealth

In today’s complex economic landscape, achieving financial stability and building wealth can be an uphill battle for many. Whether struggling to escape poverty or striving to move beyond middle-class limitations, numerous obstacles stand in the way of true financial freedom. This article explores six critical traps often ensnare individuals, preventing them from reaching their full

6 Traps Keeping the Poor Trapped in Poverty and the Middle Class From True Wealth Read More »

10 Passive Income Ideas for Building Wealth in Your Sleep

12 Passive Income Ideas for Building Wealth in Your Sleep

In today’s fast-paced world, making money while you sleep is more appealing than ever. Passive income streams can help you build wealth, achieve financial freedom, and provide a cushion for your future. This article explores 12 proven passive income ideas that can help you generate wealth even when you’re not actively working. 1. Dividend Stocks

12 Passive Income Ideas for Building Wealth in Your Sleep Read More »

Are You Rich- Here's the Net Worth You Need to Be Poor, Middle Class, and Wealthy

Are You Rich? Here’s the Net Worth You Need to Be Poor, Middle Class, and Wealthy

Have you ever wondered where you stand financially compared to others? Understanding your financial position can be crucial in a world where money often equates to opportunity and security. But how do we measure wealth? While income is essential, net worth provides a more comprehensive picture of one’s financial health. This article will break down

Are You Rich? Here’s the Net Worth You Need to Be Poor, Middle Class, and Wealthy Read More »