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.

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 […]

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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

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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

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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.

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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

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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

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10 Books the Upper Class Recommend for Strategic Wealth Accumulation

10 Books the Upper Class Recommend for Strategic Wealth Accumulation

The path to financial success often involves learning from those who have already achieved it. The upper class, including millionaires and billionaires, frequently recommend books that have shaped their financial strategies and mindsets. The following books offer diverse perspectives on wealth accumulation, reflecting the multifaceted approaches favored by the wealthy for building and maintaining their

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10 Things The Wealthy Buy To Be Happier, According To Science

10 Things The Wealthy Buy To Be Happier, According To Science

Happiness and wealth have long been intertwined, with countless studies exploring whether money can buy happiness. While the relationship between wealth and happiness is complex, research suggests that the ultra-wealthy often enjoy specific purchases and investments that align with their values, enhance their well-being, or create meaningful experiences. Here are ten things the wealthy buy

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10 Books The Rich Read That The Poor Almost Never Open

10 Books The Rich Read That The Poor Almost Never Open

One often overlooked factor in the pursuit of success and wealth is the power of reading. A study tracking the habits of 233 millionaires revealed that 88% of wealthy individuals love reading for self-improvement, while lower-income people primarily read for entertainment. This stark contrast directly impacts wealth creation. The following ten books are not just

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