Steve Burns, Author at New Trader U

The 10 Emotional Intelligence Habits of Millionaires

While IQ has long been considered the primary predictor of success, research has revealed that emotional intelligence (EQ) may be far more valuable when building wealth. A study of 733 multi-millionaires found they ranked emotional intelligence above traditional intelligence as a success factor. Unlike IQ, which remains relatively stable throughout life, emotional intelligence can be […]

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10 Books for Transforming the Middle-Class Mindset

Best books, Book Reviews, Books, Personal Finance, Wealth / Steve Burns

Your money mindset is the foundation of financial success. Many people remain trapped in middle-class financial patterns, such as dependence on a single income, fear of risk, and consumption habits that prevent wealth building. The following ten books offer transformative insights that challenge conventional thinking and provide practical strategies for creating wealth. These book selections

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7 Assets That Make People Wealthy and Never Need To Work Again (Financial Freedom)

Cash Flow, Financial Freedom, Financial Independence, Passive Income, Wealth / Steve Burns

Financial freedom—the ability to cover your living expenses entirely through passive income—represents the ultimate goal for many wealth-seekers. This article explores seven proven asset classes that can potentially generate enough passive income to eliminate the need for traditional employment. While building these assets typically requires significant upfront effort, capital investment, and patience, they form the

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10 Worst-Paying College Majors Based On The Future of Middle-Class Jobs

career, Economics, Job / Steve Burns

Understanding the Middle-Class Income Challenge In today’s economy, achieving and maintaining middle-class status requires careful consideration of career paths. Middle-class incomes typically range from $50,000 to $80,000 annually, adjusted for cost of living. As of 2023, the U.S. median wage stood at $48,060, serving as a benchmark for financial stability. The growing burden of student

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People Who Get Rich Have These 10 Wealth Predicting Traits

Wealth / Steve Burns

While no trait guarantees financial success, research and patterns among wealthy individuals reveal specific characteristics that often correlate with building wealth. These traits appear consistently across studies of financially successful people, from entrepreneurs to investors to corporate executives. The good news is that many of these characteristics can be developed with intention and practice. People

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The 10 Loner Habits That Quietly Create Millionaires

Habits, Wealth / Steve Burns

A quieter path to wealth creation exists in a world that often celebrates extroversion and social networking. Self-made millionaires who prefer solitude aren’t just anomalies—they’re following a pattern of disciplined habits that leverage their introspective nature as a strength. This article explores ten habits commonly practiced by successful “loners” who have built substantial wealth through

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People Who Want To Become Millionaires Read These 10 Books

Best books, Book Reviews, Books, Millionaire, Wealth / Steve Burns

The proper knowledge can be your most valuable asset in pursuing a seven-figure net worth. Studies show that 85% of self-made millionaires read at least two books per month, while the average American reads less than one book yearly. The correlation between reading habits and wealth accumulation is no coincidence. These ten books represent the

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10 Ways A Middle-Class Mindset Keeps You Broke

Personal Finance / Steve Burns

Many people work hard their entire lives yet struggle to build meaningful wealth. The issue often concerns income and the financial mindset guiding everyday decisions. While the middle class represents financial stability for many, specific financial behaviors can inadvertently prevent wealth building for this economic group. Understanding these limiting behaviors is the first step toward

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5 Wealth and Psychology Habits That Separate Rich from Poor

Economics, Psychology, Wealth / Steve Burns

The psychological and behavioral differences between wealthy individuals and those who struggle financially often extend far beyond luck or circumstance. Research shows that specific mental frameworks and financial habits consistently appear among those who build and maintain wealth. This article explores five critical differences in mindset and behavior that create divergent financial trajectories. Let’s examine

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7 Millionaire Habits That Supercharge Wealth Creation

Millionaire, Wealth / Steve Burns

Wealth doesn’t happen by accident. Research consistently shows that most millionaires are self-made, not born into wealth. A common statistic is that over 79% of millionaires build wealth through hard work, smart financial decisions, and consistent habits. While economic success depends on many factors, certain behaviors consistently appear among those who successfully build and maintain

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Author name: Steve Burns