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 Skills You Must Master To Become Wealthy

10 Skills You Must Master To Become Wealthy

Business, Wealth /

Building substantial wealth requires more than a high salary. It demands a specific combination of skills that successful entrepreneurs, investors, and high earners consistently demonstrate. These aren’t just technical abilities but also behavioral patterns and mindsets that compound over time. The path to wealth involves mastering skills that generate income, preserve capital, and multiply resources […]

10 Skills You Must Master To Become Wealthy Read More »

10 Lessons 99 Percent of Middle-Class People Learn a Bit Too Late in Life

10 Lessons 80 Percent of Middle-Class People Learn a Bit Too Late in Life

Success /

Most middle-class households follow the same playbook. Work hard, pay bills on time, save when possible, and hope for a comfortable retirement. Yet across the country, millions of people reach their 50s and 60s with the same regret: “I wish I’d figured this out sooner.” These lessons aren’t secrets. They’re principles that wealth builders understood

10 Lessons 80 Percent of Middle-Class People Learn a Bit Too Late in Life Read More »

5 Smart Purchases That Actually Make You Wealthier (Backed by Math)

5 Smart Purchases That Actually Make You Wealthier (Backed by Math)

Success, Wealth /

Most purchases make you poorer the moment you buy them. Your new car loses value as you drive it off the lot. Your designer clothes depreciate immediately. That expensive vacation leaves you with photos and memories, but an emptier bank account. However, certain purchases operate differently. They generate returns that compound over time, creating wealth

5 Smart Purchases That Actually Make You Wealthier (Backed by Math) Read More »

Why Self-Improvement Is So Lonely for Middle-Class People

7 Reasons Why Self-Improvement Is So Lonely for Middle-Class People

Psychology, Success /

Most people expect self-improvement to bring them closer to others. They imagine admiration, encouragement, and shared excitement about growth. What they encounter instead is distance, friction, and quiet isolation. This isn’t because they’re doing something wrong. It’s because self-improvement fundamentally alters the social contracts that maintain middle-class relationships. The loneliness isn’t dramatic. No one storms

7 Reasons Why Self-Improvement Is So Lonely for Middle-Class People Read More »

Reverse Psychology: 5 Stoic Lessons On How To Use Rejection To Your Favor According to Marcus Aurelius

Reverse Psychology: 5 Stoic Lessons On How To Use Rejection To Your Favor According to Marcus Aurelius

Psychology, Stoicism, Success /

Rejection stings. Whether it’s a job you didn’t get, a relationship that ended, or a project that failed, the emotional impact feels personal and final. But what if rejection, rather than being an end, is actually raw material for building strength, as Marcus Aurelius thought? Marcus Aurelius, the Roman Emperor and Stoic philosopher, saw rejection

Reverse Psychology: 5 Stoic Lessons On How To Use Rejection To Your Favor According to Marcus Aurelius Read More »

Make this a realistic photographic image for a YouTube video titled: 5 Rules To Manage Your Money Like The Self-Made Wealthy: Dave Ramsey (Do not put words on the image)

5 Rules To Manage Your Money Like The Self-Made Wealthy According to Dave Ramsey

Personal Finance, Wealth /

Dave Ramsey has spent decades studying millionaires, and his findings consistently contradict what most middle-class households believe about wealth. The self-made wealthy don’t manage money the way high earners do. They don’t chase status or live at the edge of their income. They operate from a completely different mental framework. Ramsey’s research reveals that wealth

5 Rules To Manage Your Money Like The Self-Made Wealthy According to Dave Ramsey Read More »

5 Cities Where the Rich Live A Middle-Class Lifestyle in 2026

5 U.S. Cities Where Even Rich People Live A Middle-Class Lifestyle in 2026

Economics, Personal Finance, Wealth /

Earning a high six-figure salary or even being a millionaire doesn’t guarantee financial freedom. In certain American cities, even the highest-income and high-net-worth residents find themselves stretched thin by the same basic expenses that burden middle-class families everywhere else. The financial trade-offs are the same, only the price tags differ. These aren’t stories about poverty

5 U.S. Cities Where Even Rich People Live A Middle-Class Lifestyle in 2026 Read More »

10 Everyday Stoic Habits to Boost Your Mental Toughness

10 Everyday Stoic Habits to Boost Your Mental Toughness

Psychology, Stoicism, Subsidiary /

Mental toughness isn’t about forcing yourself to be mean or suppressing emotions. It’s about developing the ability to maintain control over your thoughts, actions, and responses regardless of external circumstances. The Stoics understood this distinction thousands of years ago, building practical daily habits that strengthened their psychological resilience without requiring dramatic lifestyle changes. These ten

10 Everyday Stoic Habits to Boost Your Mental Toughness Read More »

Middle-Class People With a Growth Mindset Avoid These 5 Toxic Attitudes

Middle-Class People With a Growth Mindset Avoid These 5 Toxic Attitudes

Psychology, Success /

The middle class occupies a unique position in society. Most people in this category have achieved a level of stability that their parents or grandparents might have envied. Yet, they often feel stuck when it comes to building genuine wealth or advancing beyond their current plateau. The difference between those who break through and those

Middle-Class People With a Growth Mindset Avoid These 5 Toxic Attitudes Read More »

My Summary of The Meditations of Marcus Aurelius (20 Stoic Principles)

My Summary of The Meditations of Marcus Aurelius (20 Stoic Principles)

Stoicism, Success /

Marcus Aurelius wrote his Meditations as private notes to himself, not as a book for public consumption. The Roman emperor’s personal journal has become one of the most influential philosophical texts in Western history. His reflections offer a practical framework for living with wisdom, discipline, and inner peace. The principles below distill the core themes

My Summary of The Meditations of Marcus Aurelius (20 Stoic Principles) Read More »

Current Warren Buffett Car 2026: What Car Does This Billionaire Own?

Current Warren Buffett Car 2026: What Car Does This Billionaire Own?

Warren Buffett, Wealth /

In a world where billionaires collect exotic supercars and limited-edition luxury vehicles, Warren Buffett’s automotive choice stands as a fascinating outlier. As one of the wealthiest individuals on the planet, Buffett could easily afford any vehicle money can buy. Yet his car selection tells a different story about wealth, values, and the mindset that built

Current Warren Buffett Car 2026: What Car Does This Billionaire Own? Read More »

The 5 Differences Between the Poor, the Middle Class, and the Wealthy, According to Psychology

The 5 Differences Between the Poor, the Middle Class, and the Wealthy, According to Psychology

Economics, Psychology, Wealth /

A growth mindset isn’t measured in dollar amounts. Psychologists and behavioral economists have identified distinct cognitive patterns and emotional responses to resources that differentiate socioeconomic groups. These mental frameworks shape how people approach time, risk, learning, control, and relationships in fundamentally different ways. Understanding these psychological differences reveals that financial status is as much about

The 5 Differences Between the Poor, the Middle Class, and the Wealthy, According to Psychology Read More »

5 Stoic Mental Habits That Really Improved My Life

5 Stoic Mental Habits That Really Improved My Life

Psychology, Stoicism /

I spent years reading about Stoic philosophy before I could consistently apply it to my life. The gap between understanding something intellectually and integrating it into daily life is massive. But once I began practicing specific Stoic mental habits, the changes were undeniable. These aren’t abstract ideas I pulled from ancient texts and forced into

5 Stoic Mental Habits That Really Improved My Life Read More »

The 5 Samurai Rules for Self-Discipline According to Miyamoto Musashi

The 5 Samurai Rules for Self-Discipline According to Miyamoto Musashi

Psychology, Success /

Miyamoto Musashi stands as one of history’s most formidable warriors, winning over 60 duels before retiring to write The Book of Five Rings. His approach to self-discipline wasn’t about willpower or forcing yourself through discomfort. Instead, Musashi developed a system of internal mastery that made external achievement almost inevitable. His teachings reveal something most people

The 5 Samurai Rules for Self-Discipline According to Miyamoto Musashi Read More »

7 Middle-Class Hobbies That Science Says Will Make You Smarter

7 Middle-Class Hobbies That Science Says Will Make You Smarter

Intelligence /

Most people think intelligence is fixed at birth. They assume you’re either born smart or you’re not. But decades of neuroscience research prove otherwise. Your brain remains neuroplastic throughout your life, meaning it can form new connections, strengthen existing pathways, and even grow new neurons under the right conditions. The middle class has access to

7 Middle-Class Hobbies That Science Says Will Make You Smarter Read More »

Do Not Be Friends With These 5 Types of People, According to Stoicism

Do Not Be Friends With These 5 Types of People, According to Stoicism

Stoicism /

The ancient Stoics understood that the company we keep shapes who we become. Marcus Aurelius, Seneca, and Epictetus all emphasized the importance of choosing companions carefully, recognizing that our friends either pull us toward virtue or away from it. While Stoicism doesn’t demand isolation, it does encourage selective association with those who support our growth

Do Not Be Friends With These 5 Types of People, According to Stoicism Read More »

10 Things Broke People Do That The Wealthy Don’t (How To Change Your Behavior And Change Your Life)

10 Things Broke People Do That The Wealthy Don’t (How To Change Your Behavior And Change Your Life)

Investing, Personal Finance, Wealth /

The difference between financial struggle and building wealth isn’t just about how much money you make. It’s about the daily decisions you make with that money. The behaviors keeping people broke are often invisible, passed down through generations, or reinforced by consumer culture. Self-made wealthy individuals operate from a fundamentally different mindset. They’ve either learned

10 Things Broke People Do That The Wealthy Don’t (How To Change Your Behavior And Change Your Life) Read More »

How To Discipline Yourself: Stop Being Soft in 2026 Using Stoicism

How To Discipline Yourself: Stop Being Soft in 2026 Using Stoicism

Psychology, Stoicism, Success /

The ancient Stoics never sugarcoated reality. They lived through plagues, wars, and political chaos, yet they built mental frameworks that produced some of history’s most disciplined minds. Marcus Aurelius ruled Rome while fighting battles on frozen frontiers. Epictetus went from being a servant to becoming one of philosophy’s most outstanding teachers. Seneca advised emperors while

How To Discipline Yourself: Stop Being Soft in 2026 Using Stoicism Read More »