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.

6 Ways Upper- Middle Class People Become Rich by Retirement

6 Ways Upper-Middle Class People Become Rich by Retirement

Retirement, Wealth /

In today’s economic landscape, achieving substantial wealth by retirement is a common aspiration for many upper-middle-class individuals. While a comfortable income provides a solid foundation, the strategic financial decisions made over time pave the way to a prosperous retirement. This article explores six proven methods that upper-middle-class people can employ to boost their wealth when […]

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5 Cities Where the Rich Live A Middle-Class Lifestyle

5 Cities Where the Rich Live A Middle-Class Lifestyle

Economics /

In today’s economy, the definition of wealth is increasingly relative, especially in major urban centers where the cost of living can quickly erode even substantial incomes and wealth. This phenomenon has given rise to a curious situation: cities where six-figure salaries and multimillionaires barely scratch the surface of what it means to live comfortably. Let’s

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10 Money Lessons Men Learn Too Late in Life

10 Money Lessons Men Learn Too Late in Life

Personal Finance /

Money management is a crucial life skill many men unfortunately master too late. Financial literacy isn’t just about understanding complex investment strategies or economic theories; it’s about making informed decisions that can significantly impact your quality of life. Many men face financial hardships that could have been avoided had they learned these lessons earlier. Whether

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Habits of the Wealthy- What Do Rich People Do Differently

Habits of the Wealthy: What Do Rich People Do Differently?

Wealth /

Wealth isn’t just about having money; it’s about cultivating habits and mindsets that foster financial growth and personal success. The self-made wealthy exhibit advanced financial and psychological habits that set them apart from other people. These habits go beyond simple money management, encompassing strategic thinking, continuous self-improvement, and a unique approach to life’s challenges. Let’s

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The Stoic's Guide to Achieving Financial Freedom

The Stoic’s Guide to Achieving Financial Freedom

Financial Freedom, Stoicism /

We often turn to modern gurus and strategies to pursue financial freedom. However, ancient wisdom, particularly Stoicism, offers timeless principles that can revolutionize our approach to money management. Stoicism, a philosophy founded in Athens by Zeno of Citium in the early 3rd century BC, teaches self-control and fortitude to overcome destructive emotions. When applied to

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10 Habits of Wealthy People That the Middle Class Can Learn From

10 Habits of Wealthy People That the Middle Class Can Learn From

Wealth /

Many wonder what separates the wealthy from the middle class in pursuing financial success. While there’s no magic formula for instant riches, there are certain habits and strategies that wealthy individuals consistently employ to build and maintain their fortunes. The good news is that these habits are not exclusive to the elite—they can be learned

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10 Money Habits That Are Keeping You Poor, and How to Overcome Them

10 Money Habits That Are Keeping You Poor and How to Overcome Them

Personal Finance /

Financial success isn’t just about how much you earn but also how you manage your money. Many people struggle financially not because of low income but due to poor money habits. Let’s explore ten common financial pitfalls and learn how to overcome them, paving the way for a more secure financial future. 1. Neglecting to

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The Inflation Squeeze- 5 Red Flags You’re Slipping out of the Middle Class

The Inflation Squeeze: 5 Red Flags You’re Slipping out of the Middle Class

Economics, Inflation /

In recent years, the middle class has faced unprecedented economic challenges. Inflation, in particular, has emerged as a formidable foe, eroding the financial stability that once defined middle-class life. This article explores five key indicators suggesting you might feel the pinch of inflation and potentially be slipping out of the middle class. By recognizing these

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8 Habits That Secretly Drain Your Wealth Potential

8 Habits That Secretly Drain Your Wealth Potential

Wealth /

In pursuing financial success, we often focus on big moves like landing a high-paying job or making intelligent investments. However, small, every day habits can quietly erode our wealth potential over time. You can set yourself on a path to greater financial prosperity by identifying and addressing these sneaky wealth-draining habits. Let’s explore eight everyday

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7 Signs It's Time to Retire

7 Signs It’s Time to Retire

Retirement /

Retirement is a significant milestone in life, marking the transition from a career-focused lifestyle to greater personal freedom and leisure. However, deciding when to retire isn’t always straightforward. It’s a deeply personal choice that depends on various factors, including financial situation, health, and overall life satisfaction. You’re not alone if you’re in your 50s or

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