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 Top 10 Habits of Middle-Class Millionaires

The Top 10 Habits of Middle-Class Millionaires

Millionaire, Wealth /

Building substantial wealth isn’t reserved for high-income earners or those born into money. Research shows that millionaire status is achievable for middle-class individuals through consistent habits and disciplined financial strategies. Studies like Tom Corley’s Rich Habits research with 233 millionaires and Ramsey Solutions’ National Study of Millionaires with 10,000 participants reveal surprising insights: Only 31% […]

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7 Books That Will Actually Change Your Life

7 Books That Will Actually Change Your Life

Best books, Book Reviews, Books /

Some books entertain us, others inform us, but a few fundamentally alter how we see ourselves and the world. These transformative works offer advice and frameworks that reshape our thinking, habits, and approach to life’s challenges. Here are seven books that have genuinely changed millions of lives. Each offers unique insights into human potential, mindset,

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Warren Buffett’s 10 Pieces of Advice For Introverts

Warren Buffett’s 10 Pieces of Advice For Introverts

personality types, Success, Warren Buffett /

Warren Buffett, the Oracle of Omaha and one of the world’s most successful investors, is a self-described introvert who once feared public speaking so intensely it made him physically ill. His transformation from a shy, anxious young man to a confident billionaire offers profound lessons for introverts navigating their paths to success. Through his quotes

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10 Middle Class Beliefs That Block Wealth Creation

10 Middle Class Beliefs That Block Wealth Creation

Psychology, Wealth /

Financial success often eludes the middle class not because of a lack of effort but because of deeply ingrained beliefs that limit wealth-building potential. These mental barriers create invisible ceilings on financial growth. Understanding and overcoming these limiting beliefs is the first step toward building lasting wealth. Let’s explore each one so you can change

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Why AI Won’t Take Your Middle-Class Job: Someone Using AI Will

Why AI Won’t Take Your Middle-Class Job: Someone Using AI Will

AI, career, Job /

“AI won’t take your job. Someone using AI will.” – Economist Richard Baldwin. 1. The Real Threat Isn’t AI—It’s Your AI-Savvy Coworker The phrase “AI won’t take your job, someone using AI will” captures a fundamental truth about how artificial intelligence reshapes the workplace. Rather than wholesale replacement of human workers, we’re witnessing a transformation

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People Who Build A 7-Figure Net Worth Have These 7 Wealth Habits in Common

People Who Build A 7-Figure Net Worth Have These 7 Wealth Habits in Common

net worth, Wealth /

Building a seven-figure net worth isn’t just about earning a high income—it’s about developing specific financial habits. Research into self-made millionaire households reveals that many achieve financial independence through disciplined behaviors rather than windfalls or inheritance. Anyone committed to long-term financial success can learn and implement these wealth-building habits. People who build a 7-figure net

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5 Reasons People Who Read Books Live Longer, According to Yale University

5 Reasons People Who Read Books Live Longer, According to Yale University

Books, Success /

If you’re looking for a simple way to add years to your life, the answer might be sitting on your bookshelf. A groundbreaking study from Yale University revealed that book readers live significantly longer than non-readers—almost two full years longer, to be exact. This 2016 research, published in the Journal of Social Science & Medicine,

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5 Reasons Why the Poor Stay Poor and the Middle Class Doesn’t Become Rich

5 Reasons Why the Poor Stay Poor and the Middle Class Doesn’t Become Rich

Personal Finance, Wealth /

Understanding why economic mobility remains elusive for many requires examining the intricate web of factors that keep people trapped in their current financial circumstances. While individual effort plays a role, systemic barriers and structural inequalities create persistent challenges that make upward mobility increasingly difficult. These obstacles affect the poor and middle class, though often in

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10 Signs That You Will Become Wealthy One Day

10 Signs That You Will Become Wealthy One Day

Personal Finance, Wealth /

Building wealth isn’t luck or inheritance. For 80% of self-made millionaires—it’s about developing specific habits and mindsets that compound over time. While there’s no guaranteed formula for financial success, specific behavioral patterns consistently appear among those who accumulate significant wealth. If you recognize the following ten signs in yourself, you’re likely on the right path

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