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.

Why Home Ownership Is The Foundation Of A Broad Middle Class

Why Home Ownership Is the Foundation of a Broad Middle Class

Economics, Real Estate /

Homeownership has long been considered a cornerstone of the American Dream and vital to a thriving middle class. This article explores how owning a home contributes to the financial stability, wealth accumulation, and overall well-being of middle-class families. We’ll delve into the economic and social benefits of homeownership and the challenges and policy implications surrounding […]

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How Much Does the Average American Need to Save for Retirement

How Much Does the Average American Need to Save for Retirement?

Retirement /

Retirement planning is a critical aspect of financial well-being that every American should prioritize. However, determining the right amount to save can be complex and often challenging. This article delves into the ideal retirement savings targets, current savings realities, age-based breakdowns, obstacles to saving, and strategies to bridge the retirement savings gap so that you

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Robert Kiyosaki 7 Money Secrets They Don't Teach You in School

Robert Kiyosaki: 7 Money Secrets They Don’t Teach You in School

Wealth /

Robert Kiyosaki, the famous author of “Rich Dad Poor Dad,” has made a name for himself by challenging conventional financial wisdom. His bestselling book and subsequent works have inspired millions to rethink their approach to money, wealth, and financial education. Kiyosaki’s teachings often contrast with what most of us learn in traditional educational settings, offering

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How NOT To Fight Inflation

How Not to Fight Inflation

Economics /

In the face of rising global inflation, policymakers and economists find themselves at a crossroads, grappling with unprecedented economic challenges. As traditional methods of inflation control come under scrutiny, a growing chorus of voices calls for a reimagining of our approach to monetary stability. This article delves into the pitfalls of conventional inflation-fighting strategies and

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10 Ways To Grow Your Wealth Fast -Maximize Your Wealth Potential

10 Ways to Grow Your Wealth Fast: Maximize Your Wealth Potential

Wealth /

In today’s fast-paced financial world, growing wealth quickly is a goal shared by many. While there’s no guaranteed path to instant riches, there are strategies that can potentially accelerate your wealth accumulation. This article explores ten powerful methods to boost your financial growth. Remember, each approach carries risks and rewards, so it’s crucial to consider

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6 Cities Middle-Class Retirees Should Avoid at All Costs

6 Cities Middle-Class Retirees Should Avoid at All Costs

Economics /

Retirement is a significant milestone in life, one that many middle-class Americans spend decades preparing for. Choosing the right location to spend your golden years is crucial, as it can significantly impact your quality of life and financial stability. While many cities offer attractive amenities and cultural experiences, some come with hefty price tags that

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Most People Think They Are Middle Class (Most Are Not)

Most People Think They Are Middle Class (Most Are Not)

Economics /

In today’s society, the term “middle class” is frequently used, with many people proudly identifying as part of this group. However, the reality is far more complex and often misunderstood. This misconception about one’s financial status can lead to severe consequences, affecting everything from daily spending habits to long-term financial security. This article will explore

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8 Proven Steps to Become Wealthy From Nothing

8 Proven Steps to Become Wealthy From Nothing

Wealth /

Building wealth from scratch may seem impossible, but it’s achievable with the right mindset, strategies, and persistent effort. This article outlines eight proven steps that can guide your journey to financial success, regardless of your starting point. 1. Develop a Wealthy Mindset The foundation of financial success lies in cultivating a wealthy mindset. This involves

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