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 Books Self-Made Millionaires Read That the Average Person Ignores

10 Books Self-Made Millionaires Read That the Average Person Ignores

In the journey to financial success, knowledge is power. Self-made millionaires often attribute their achievements to the wisdom they’ve gained from books. While many of these texts are available to everyone, they’re frequently overlooked by the average reader. Let’s explore ten influential books that have shaped the mindsets and strategies of self-made millionaires. Some inspired […]

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5 Things the Wealthy Buy That Actually Make Them Richer

5 Things the Wealthy Buy That Actually Make Them Richer

Building sustainable wealth isn’t just about saving money—it’s about making strategic investments that generate ongoing returns. While many focus on cutting expenses, truly wealthy individuals understand that certain purchases can accelerate their path to greater prosperity. These investments often require significant upfront capital, but their potential for long-term wealth creation makes them invaluable tools in

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If You Really Want to Escape the Middle Class, You Must Break These 7 Money Habits

If You Really Want to Escape the Middle Class, You Must Break These 7 Money Habits

Building wealth and escaping the middle class requires more than earning a good income. It demands breaking deeply ingrained financial habits that keep many stuck in their current financial situation. By understanding and actively working to change these seven critical money habits, you can create a foundation for lasting financial success and generational wealth. These

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5 Reasons the Rich Get Richer While the Middle Class Stay Hopelessly Stuck

5 Reasons the Rich Get Richer While the Middle Class Stay Hopelessly Stuck

In 2025, the wealth gap between the rich and the middle class will continue to widen, raising concerns by many about economic inequality and social mobility. This article explores five key factors contributing to this growing disparity, shedding light on why the wealthy accumulate wealth faster while the middle class struggles to keep pace. Here

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10 Priceless Books That Transform Your Mindset to Success

10 PRICELESS Books That Transform Your Mindset From Weak to Powerful

The right mindset is often the key differentiator between those who achieve their goals and those who fall short in the journey toward personal and professional success. The following ten books offer invaluable insights, strategies, and perspectives that can help you cultivate a success-oriented mindset. These works can transform your thinking and propel you towards

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Wealth Builders vs. Wage Earners The 5 Psychological Differences That Separate The Winners From the Losers

Wealth Builders vs. Wage Earners: The 5 Psychological Differences That Matter the Most

The path to financial success isn’t one-size-fits-all. Understanding the psychological differences between wealth builders and wage earners can explain why some naturally gravitate toward entrepreneurship while others find fulfillment in traditional employment. These distinct approaches to earning a paycheck versus building financial independence stem from fundamental differences in mindset, risk tolerance, and long-term perspectives. Here

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Billionaires Swear by These 5 Books--Why the Middle Class Ignores Them At Their Own Peril

Billionaires Swear by These 5 Books and Why the Middle Class Ignores Them at Their Own Peril

Have you ever wondered what sets billionaires apart from the middle class? While factors like opportunity, luck, and hard work play significant roles, another element often goes unnoticed: the books they read. Billionaires consistently recommend certain books that have shaped their thinking and contributed to their success. Surprisingly, the middle class often overlooks many of

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The 10 Psychological Traps Secretly Keeping You from Getting Rich

These 10 Emotional Money Traps Are Silently Destroying Your Wealth

Money management extends beyond numbers – deeply intertwined with emotions and psychological patterns. These unconscious behaviors can silently erode wealth-building potential, regardless of income level. Understanding these emotional money traps is the first step toward developing a healthier relationship with finances. Let’s explore ten emotional money traps that are silently destroying your wealth.  1. Retail

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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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