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.

5 Middle-Class Money Mistakes That Destroy Wealth, According to Warren Buffett

5 Terrible Middle-Class Money Mistakes That Destroy Wealth, According to Warren Buffett

Warren Buffett built the original foundation of his fortune not just through brilliant investing, but also through remarkably disciplined spending habits that many middle-class Americans overlook. Despite his immense wealth, the Oracle of Omaha still lives in the same modest house he purchased decades ago and maintains surprisingly frugal habits. His financial wisdom extends far […]

5 Terrible Middle-Class Money Mistakes That Destroy Wealth, According to Warren Buffett Read More »

5 Daily Stoic Habits of Successful People

5 Daily Stoic Habits of Successful People

Stoic philosophy has endured for over two millennia because it is effective. While most self-help trends fade within a generation, the practices developed by Marcus Aurelius, Epictetus, and Seneca remain remarkably effective for navigating modern life. The reason is simple: Stoicism addresses the universal challenges of being human—emotions, setbacks, desires, and uncertainty—with practical tools that

5 Daily Stoic Habits of Successful People Read More »

10 Lessons Men Learn Too Late In Life, According to Dave Ramsey

10 Lessons Men Learn Too Late In Life, According to Dave Ramsey

Dave Ramsey has spent decades teaching financial principles that extend far beyond balance sheets and budgets. His wisdom about money inevitably bleeds into broader life lessons about discipline, sacrifice, and the consequences of our daily choices. While many men eventually grasp these truths, they often arrive at them after years of costly mistakes—when rectifying the

10 Lessons Men Learn Too Late In Life, According to Dave Ramsey Read More »

7 Top Wealth Habits of Mentally Strong People

7 Top Wealth Habits of Mentally Strong People

The difference between people who build lasting wealth and those who struggle financially often comes down to mental strength. It’s not about intelligence, luck, or starting capital. The wealthiest individuals possess specific psychological habits that guide their financial decisions, protect them from costly mistakes, and compound their success over the course of decades. These habits

7 Top Wealth Habits of Mentally Strong People Read More »

10 Middle-Class Money Habits that Keep You Poor (Even with a Reasonable Income)

10 Middle-Class Money Habits that Keep You Poor (Even with a Reasonable Income)

Making good money doesn’t guarantee financial security. Across the country, households earning between $75,000 and $150,000 annually often find themselves living paycheck to paycheck, wondering why their bank accounts never seem to grow. The problem isn’t the income level—it’s the habits that come with it. These behaviors feel normal because everyone around you practices them.

10 Middle-Class Money Habits that Keep You Poor (Even with a Reasonable Income) Read More »

People Who Move Forward in Life Usually Display These 10 Stoic Patterns of Behavior

People Who Move Forward in Life Usually Display These 10 Stoic Patterns of Behavior

The ancient Stoics understood something that most people spend their entire lives missing: success isn’t about controlling outcomes, but about mastering your response to whatever happens. Marcus Aurelius ruled Rome from a battlefield tent. Epictetus rose from servitude to become one of the most influential philosophers in history. Seneca built tremendous wealth while maintaining philosophical

People Who Move Forward in Life Usually Display These 10 Stoic Patterns of Behavior Read More »

If You Want to Build Wealth, Say Goodbye to These 5 Behaviors

If You Want to Build Wealth, Say Goodbye to These 5 Behaviors

The gap between those who build wealth and those who don’t rarely comes down to income differences. You’ve probably known people who earn modest salaries yet accumulate significant net worth, while others with high incomes live paycheck to paycheck. The distinction lies in behavior. Wealth building isn’t about complex investment strategies or insider knowledge. It’s

If You Want to Build Wealth, Say Goodbye to These 5 Behaviors Read More »

What are 10 Signs You’re Developing Into the Best Version of Yourself, According to Stoicism

10 Signs You’re Developing Into the Best Version of Yourself, According to Stoicism

Personal growth isn’t always obvious. Instead of dramatic transformations, development happens in small shifts—in how you handle stress, respond to criticism, or approach challenges. Stoicism offers a framework for recognizing these shifts. The philosophy teaches that becoming your best self means mastering your mind, strengthening your character, and living with intention. Here are ten signs

10 Signs You’re Developing Into the Best Version of Yourself, According to Stoicism Read More »

10 Lessons Men Learn Too Late In Life, According to Sigmund Freud

10 Lessons Men Learn Too Late In Life, According to Sigmund Freud

Sigmund Freud spent decades analyzing the human mind, and his observations about male psychology remain startlingly relevant. The father of psychoanalysis discovered that most men spend their lives unconsciously driven by forces they don’t understand until it’s too late. These aren’t feel-good platitudes but uncomfortable truths about the unconscious patterns that shape masculine development. Freud’s

10 Lessons Men Learn Too Late In Life, According to Sigmund Freud Read More »

5 Subtle Signs You’ve Moved Beyond The Middle-Class Mindset

5 Subtle Signs You’ve Moved Beyond The Middle-Class Mindset

The difference between middle-class thinking and wealth-building thinking isn’t always noticeable. You won’t necessarily see it in someone’s bank account or their job title. Instead, the shift happens quietly in how you approach decisions, view opportunities, and relate to money itself. These mental transformations often occur before the financial results become visible, which is why

5 Subtle Signs You’ve Moved Beyond The Middle-Class Mindset Read More »

Five Stoic Habits of Emotionally Intelligent People

Five Stoic Habits of Emotionally Intelligent People

The ancient Stoics understood something that modern psychology has only recently confirmed: mastering your internal world leads to external success. Emotional intelligence and Stoic philosophy share a common foundation built on self-awareness, emotional regulation, and rational response to circumstances beyond our control. People with high emotional intelligence don’t just understand their feelings—they direct them. They

Five Stoic Habits of Emotionally Intelligent People Read More »

Improve Your Wealth Building Productivity With the 80/20 Rule

Improve Your Wealth Building Productivity With the 80/20 Rule

The pursuit of wealth often feels overwhelming. Between investment accounts, side hustles, budgeting apps, and financial education, many people find themselves busy but not productive. The solution might lie in a century-old principle that transforms how you approach building wealth: the 80/20 rule. 1. Understanding the 80/20 Rule and Its Financial Origins The 80/20 rule,

Improve Your Wealth Building Productivity With the 80/20 Rule Read More »

5 Clear Signs That You Will Become Wealthy One Day

5 Clear Signs That You Will Become Wealthy One Day

Building wealth isn’t about luck or inheritance; it’s about hard work and discipline. The path to financial success leaves clues long before the money arrives. If you’re wondering whether you have what it takes to achieve lasting prosperity, specific behavioral patterns predict future wealth with remarkable accuracy. These signs aren’t about your current bank balance

5 Clear Signs That You Will Become Wealthy One Day Read More »

5 Miyamoto Musashi Lessons On How to Master Your Emotions

5 Miyamoto Musashi Lessons On How to Master Your Emotions

Miyamoto Musashi, the legendary Japanese swordsman who lived in the early 17th century, never lost a single duel in over 60 confrontations. His undefeated record wasn’t just a result of physical skill—it was a testament to extraordinary emotional discipline. In his masterwork, “The Book of Five Rings,” Musashi laid out principles that transformed him from

5 Miyamoto Musashi Lessons On How to Master Your Emotions Read More »

5 Marcus Aurelius Lessons On How To Think Clearly (Stoicism)

5 Marcus Aurelius Lessons On How To Think Clearly (Stoicism)

The Roman Emperor Marcus Aurelius faced constant threats, political betrayals, and the weight of an empire on his shoulders. Yet his personal writings reveal a mind of remarkable clarity. His book “Meditations” wasn’t written for publication but as a private journal where he worked through challenges using Stoic philosophy. His ancient insights provide a practical

5 Marcus Aurelius Lessons On How To Think Clearly (Stoicism) Read More »

People Who Like To Be Alone Have These 5 Wealth-Building Personality Traits

People Who Like To Be Alone Have These 5 Wealth-Building Personality Traits

The stereotype of the successful entrepreneur often involves attending networking events, holding constant meetings, and engaging in numerous social interactions. Yet some of the world’s wealthiest individuals—Warren Buffett, Bill Gates, and Elon Musk—have all described themselves as introverts who value solitary time. The connection between preferring solitude and building wealth isn’t coincidental. People who genuinely

People Who Like To Be Alone Have These 5 Wealth-Building Personality Traits Read More »

If You Want to Transform Your Life, Build These 5 Stoic Habits

If You Want to Transform Your Life, Build These 5 Stoic Habits

Most people are familiar with the basics of Stoicism: journaling daily, practicing gratitude, and taking cold showers. These entry-level practices offer value, but they barely scratch the surface of what Stoic philosophy can do for your life. The truly transformative Stoic habits require more profound commitment, uncomfortable self-honesty, and consistent discipline over months or years.

If You Want to Transform Your Life, Build These 5 Stoic Habits Read More »

How To Master the Art of Self-Discipline and Stop Being Soft, According to Miyamoto Musashi

How To Master the Art of Self-Discipline and Stop Being Soft, According to Miyamoto Musashi

Miyamoto Musashi stands as one of history’s most formidable warriors, not because he possessed supernatural abilities, but because he mastered something most people struggle with their entire lives: self-discipline. The legendary Japanese swordsman, who remained undefeated in over 60 duels, left behind wisdom that cuts through modern excuses and soft living like a blade through

How To Master the Art of Self-Discipline and Stop Being Soft, According to Miyamoto Musashi Read More »

10 Hard Rules Of Wealth Building

10 Hard Rules of Wealth Building the Middle Class Needs to Learn

The difference between people who build lasting wealth and those who stay financially stuck isn’t luck or inheritance. It’s adherence to non-negotiable principles that almost every self-made millionaire follows. These aren’t motivational platitudes. They’re complex rules that create the mathematical inevitability of wealth accumulation. Most people fail because they violate multiple core principles simultaneously. These

10 Hard Rules of Wealth Building the Middle Class Needs to Learn Read More »

5 Stoic Morning Habits That Can Change Your Life

5 Stoic Morning Habits That Can Change Your Life

The ancient Stoics understood something modern productivity culture often misses: how you begin your day determines how you navigate it. These philosophers didn’t just theorize about living well; they practiced specific morning rituals that strengthened their minds and prepared them for whatever challenges lay ahead. The morning habits they developed thousands of years ago remain

5 Stoic Morning Habits That Can Change Your Life Read More »