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.

The Middle Class Meltdown- The Alarming Crisis Facing the Middle Class in America

The Middle Class Meltdown: The Alarming Crisis Facing the Middle Class in America

Economics /

The alarming crisis currently facing the middle class in America is unfolding with unsettling speed, heralding what many economic experts are terming a meltdown of substantial proportions. This demographic, long regarded as the backbone of the nation’s economy, faces unprecedented socioeconomic challenges that threaten to undermine its foundation. From the steep decline in purchasing power […]

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What Rich People Do (Self-Concept, Self-Esteem & Motivation)

What Rich People Do (Self-Concept, Self-Esteem & Motivation)

Wealth /

Understanding the psychological traits and habits that underpin the success of wealthy people can offer significant insights for anyone aiming to grow their wealth and achieve more success. The dynamics of self-concept, self-esteem, and motivation are particularly pivotal in shaping the destinies of self-made millionaires. These foundational psychological attributes drive their ability to accumulate wealth

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6 Motivations To Become A Self-Made Millionaire

6 Motivations To Become A Self-Made Millionaire

Wealth /

Embarking on the path to becoming a self-made millionaire is a journey not just of financial accumulation but of profound personal transformation and motivation. This journey resonates with our innate desire for autonomy, security, and meaningful life, deeply rooted in our aspirations and goals. It’s about much more than million-dollar bank accounts; it’s about crafting

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5 States The Middle Class Should Be Flocking To 2

5 States The Middle Class Should Be Flocking To

Real Estate /

In today’s economy, many middle-class families actively seek states that offer affordability, low taxes, and enhanced quality of life. As the cost of living continues to rise in many parts of the country, identifying locations where affordability and prosperity intersect becomes crucial. This article delves into five states that provide unique advantages that make them

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5 Ways To Make Passive Income

5 Ways To Make Passive Income

Cash Flow /

Earning passive income has become a quintessential goal for those aiming to enhance their financial security without the constant grind. In today’s expensive economic landscape, creating multiple income streams is not just wise; it’s necessary. Whether through investments or digital avenues, the potential to build wealth while you sleep has never been more accessible. This

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What Income You Need To Qualify As Middle Class in Florida

Minimum Annual Income Needed to Qualify as Middle Class in Florida 2024

Personal Finance /

The economic landscape determining the minimum annual income required to be considered middle-class status in Florida in 2024 can be complex. As financial thresholds shift with evolving economic conditions, families across the state are seeking clarity on what it takes to maintain or achieve a comfortable lifestyle amidst rising costs and changing job markets. This

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5 Signs You're No Longer Middle Class

5 Signs You Are No Longer In the Middle Class

Personal Finance /

Changing from a comfortable middle-class lifestyle to facing economic uncertainties can be subtle and startling. Traditionally characterized by stable employment, reliable income, and financial security, the middle class is a critical backbone of societal structure and economic stability. However, some signs can alert people that they might be drifting away from this secure economic status.

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