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.

Warren Buffett's 5 Best Pieces of Money Advice for the Middle Class

Warren Buffett’s 5 Best Pieces of Money Advice for the Middle Class

Warren Buffett, often called the “Oracle of Omaha,” has amassed a fortune exceeding $163 billion through savvy investments and financial discipline. Despite his extraordinary wealth, Buffett maintains a modest lifestyle, enjoying simple pleasures like McDonald’s breakfasts, Nebraska football, and playing Bridge. This combination of financial genius and down-to-earth sensibility makes his advice particularly valuable for […]

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10 Things Broke People Waste Money On According to Dave Ramsey

10 Things Broke People Waste Money On According to Dave Ramsey

Financial freedom isn’t about having the most money but managing your money wisely. Dave Ramsey has identified everyday spending habits that keep financially struggling people trapped in a cycle of living paycheck to paycheck. Avoiding these money traps could be your first step toward financial independence. Here are the top ten things people waste money

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10 Ways Your Lone-Wolf Nature Gives You a Financial Edge For Wealth Building

10 Ways Your Lone-Wolf Nature Gives You a Financial Edge For Wealth Building

Independent-minded individuals often have unique advantages when it comes to building wealth. While society may emphasize the importance of social connections, your lone-wolf tendencies can serve as powerful financial assets. This article explores ten ways your independent nature gives you an edge in wealth building. 1. Making Financial Decisions Without Peer Pressure Perhaps the most

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The 7 Books That Inspired a Young Warren Buffett to Become Rich

The 7 Books That Inspired a Young Warren Buffett to Become Rich

Warren Buffett spends about 80% of his working day reading, a habit that began in his youth. “Read 500 pages every day. That’s how knowledge works. It builds up, like compound interest,” Buffett advises. Seven key books shaped his investment philosophy and helped build his fortune from his youth and as a young man just

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How Your Consumption Is Keeping You In The Middle Class According to Dave Ramsey

How Your Consumption Is Keeping You In The Middle Class According to Dave Ramsey

In a world obsessed with acquiring more, financial guru Dave Ramsey has built his career on a counterintuitive message: your spending habits might be what’s keeping you financially stuck. While many Americans dream of financial freedom, their daily consumption choices often undermine their long-term wealth-building potential. This disconnect between aspirations and actions creates a financial

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Warren Buffett’s Best 6 Pieces Of Advice For Introverts

Warren Buffett’s Best 6 Pieces Of Advice For Introverts

Warren Buffett, the unassuming billionaire businessman known for his frugality and investing prowess, is not just an idol for investors but also has wisdom for introverts. Despite being a prominent figure in the global financial industry, Buffett has consistently displayed a demeanor that resonates more with quiet reflection than extroverted flamboyance. Many don’t realize that

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5 Small Daily Habits That Quietly Build Real Wealth

5 Small Daily Habits That Quietly Build Real Wealth

Building wealth doesn’t always require dramatic lifestyle changes or sophisticated investment strategies. Often, the small, consistent financial habits practiced daily create the most significant impact over time. These micro-behaviors might seem insignificant in isolation, but they transform into powerful wealth-building tools when compounded over months and years. Here are five small daily habits that can

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5 Reasons People In The Middle Class Should Never Buy A Brand New Car

5 Reasons People In The Middle Class Should Never Buy A Brand New Car

Cars are among the most significant purchases most middle-class families make, along with their homes. Yet, unlike real estate, vehicles don’t appreciate in value; the more miles you drive and the older they become, the less they are worth. A brand-new car is a vehicle that has never been owned or driven beyond minimal test

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5 Lessons Warren Buffett Learned Early in Life

5 Lessons Warren Buffett Learned Early in Life

Warren Buffett, often called the “Oracle of Omaha,” has become one of history’s most successful investors, with a net worth exceeding $161 billion. While many study his current investment strategies, the foundation of his success was built during his formative years. His childhood and young adult lessons shaped his approach to business, investing, and life.

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5 Signs That You Will Become Wealthy One Day

5 Signs That You Will Become Wealthy One Day

Predicting wealth isn’t an exact science, but certain behaviors and traits consistently appear among those who achieve financial success. While there are no guarantees in life, these indicators might suggest you’re on the right path toward building substantial wealth. Here are five signs that you will become wealthy one day: 1. You’re Building Wealth Through

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