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 Rules the Rich Follow That the Broke Don't Understand 2

10 Rules the Rich Follow That the Broke Don’t Understand

Have you ever wondered why some people build wealth effortlessly while others struggle to make ends meet? The difference often lies not in starting capital or luck but in understanding and following specific principles that govern wealth creation. These rules aren’t taught in schools, yet they form the foundation of financial success for many wealthy […]

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Are These 5 Silent Wealth Destroyers Secretly Draining Your Finances

Are These 7 Silent Wealth Destroyers Secretly Draining Your Finances?

We often focus on the costs of big-ticket items and the most obvious monthly expenses in managing our finances and achieving success. However, the subtle, frequently overlooked factors can gradually erode our wealth. However, “silent wealth destroyers” operate in the background, quietly chipping away at our financial foundation. This article will explore seven hidden culprits

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5 Books Middle-Class Savers Need to Read Before 2025

5 Books Middle-Class Savers Need to Read in 2025

As we approach 2025, middle-class savers face unique challenges in building wealth and achieving financial security. The economy constantly evolves, and staying informed is more crucial than ever. To help navigate these complexities, I’ve compiled a list of five essential books that offer valuable insights, practical strategies, and fresh perspectives on saving, investing, and managing

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10 Hard Truths About Bad Middle-Class Financial Habits

10 Hard Truths About Bad Middle-Class Financial Habits

In today’s complex economic landscape, the middle class often finds itself navigating a minefield of potential financial missteps. While many dream of financial success and prosperity, certain habits can silently erode their financial health. This article explores ten common financial pitfalls that plague the middle class, offering insights and strategies to overcome them. 1. Living

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People Who Attract Wealth Practice These 10 Daily Disciplines

People Who Attract Wealth Practice These 10 Daily Disciplines

Success and wealth rarely come by accident. Those who consistently attract wealth and achieve financial success often share a set of common daily disciplines. These practices, honed over time, become the foundation of their prosperity. This article explores ten daily disciplines practiced by individuals who are good at attracting wealth. Understanding and implementing these habits

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10 Books to Help People Who Are Broke Understand the Rich Mindset

10 Books to Help People Who Are Broke Understand the Rich Mindset

Are you tired of living paycheck to paycheck? Do you wonder how some people seem to accumulate wealth effortlessly while you struggle to make ends meet? The answer may lie in your mindset. The way you think about money can significantly impact your financial success. To help you shift your perspective and develop a wealth-oriented

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5 Books With Self-Made Millionaire Wealth Studies

5 Books That Reveal the Secrets of Self-Made Millionaires’ Wealth, According to Studies

Self-made millionaires have long fascinated those aspiring to build wealth. Their habits, mindsets, and strategies often hold the keys to financial success. Through extensive research, several authors have uncovered the secrets behind millionaire wealth accumulation. This article explores five influential books that provide valuable insights into the world of self-made millionaires, offering lessons to help

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Net Worth Building 101: 5 Things the Rich Know That the Broke Don't

Net Worth Building 101: 5 Things the Rich Know That the Broke Don’t

Building substantial net worth isn’t about luck or inheritance—it’s about understanding and applying specific principles that wealthy individuals consistently use. While many believe wealth comes from a high salary alone, the reality is more nuanced. Let’s explore five crucial concepts that separate those who build lasting wealth from those who struggle financially. Here’s a five-step

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The Middle-Class Success Guide 7 Steps To Financial Freedom

The Middle-Class Success Guide: 7 Steps To Financial Freedom

Achieving financial freedom is an elusive goal for many middle-class families amid rising costs and economic uncertainties. Yet, with a structured approach and consistent effort, it can be achieved. This guide outlines a proven framework that transforms financial independence from a distant dream into a concrete plan. I know these steps work because I used

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5 Wealth Books for Middle-Class Professionals Looking to Retire Early

The Rich-Broke Gap: 7 Money Habits That Make All the Difference

The growing wealth disparity between affluent individuals and those struggling financially extends beyond income. This “rich-broke gap” stems primarily from distinct habits, mindsets, and financial practices that separate the wealthy from everyone else. While income certainly plays a role, it’s these fundamental behaviors that truly determine long-term financial success. By understanding and adopting these seven

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