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.

How to Ruin Your Middle-Class Lifestyle in 4 Simple Steps

How to Ruin Your Middle-Class Lifestyle in 4 Simple Steps

The middle-class lifestyle offers something valuable: stability, options, and breathing room. You can handle emergencies without panic and plan for the future without constant anxiety. Yet thousands of people destroy this strong financial foundation every year through quiet, consistent habits that slowly erode everything they’ve built. These financial failures feel normal in the moment—disguised as […]

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5 Ways the Upper Class Invest Money That Poor and Middle Class People Don't

5 Ways the Upper Class Invest Money That Poor and Middle Class People Don’t

The gap between the wealthy and everyone else isn’t just about income—it’s about mindset. While the middle and lower classes focus on earning more through more hours of work, the upper class plays a different game entirely. They invest in ways that create passive income, build long-term wealth, and offer tax advantages most people never

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10 Lessons Men Learn Too Late In Life, According to Marcus Aurelius

10 Lessons Men Learn Too Late In Life, According to Marcus Aurelius

Marcus Aurelius, the philosopher-emperor of Rome, wrote his private reflections in Meditations, offering timeless wisdom on living a meaningful life. Despite ruling one of history’s greatest empires, he grappled with anxiety, frustration, and the search for purpose. His insights reveal profound lessons most men understand only after years of struggle. 1. You Control Only Your

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5 Wealth Habits You Should Always Keep Private: The Stoic Guide to Personal Finance

5 Wealth Habits You Should Always Keep Private: The Stoic Guide to Personal Finance

In a world where social media encourages us to share every aspect of our lives, the ancient Stoics offer refreshing wisdom: some things are better kept to yourself. This is especially true when it comes to personal finance. The Stoic philosophers, including Marcus Aurelius and Seneca, understood that true wealth isn’t about external validation or

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10 Books Self-Made Millionaires Recommend That Most People Ignore

10 Books Self-Made Millionaires Recommend That Most People Ignore

The bookshelf of a self-made millionaire often looks different from what you’d expect. While everyone crowds around the latest business bestseller, those who’ve actually built substantial wealth recommend titles that gather dust in overlooked corners. These books don’t promise overnight success—they offer counterintuitive wisdom and uncomfortable truths that challenge conventional thinking about money. Here are

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5 Warren Buffett’s Rules to Help the Middle Class Become Rich

5 Warren Buffett Rules to Help the Middle Class Become Rich

Warren Buffett stands as one of history’s most successful investors, yet his approach to building wealth isn’t reserved for the ultra-wealthy. The Oracle of Omaha has consistently shared wisdom that directly applies to middle-class Americans seeking financial independence through common-sense principles rather than complex financial strategies. What makes Buffett’s guidance particularly valuable is his own

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7 Old Fashioned Habits We Need to Bring Back For Wealth Building

7 Old Fashioned Habits We Need to Bring Back For Wealth Building

In our world of instant gratification and one-click purchases, we’ve lost touch with financial practices that helped previous generations build lasting wealth. Digital payments and easy credit have disconnected us from the tangible reality of our finances. The good news? We can reclaim these time-tested habits and adapt them to contemporary life. These aren’t restrictive

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5 Assets Wealthy People Own That Most People Don’t Understand

5 Assets Wealthy People Own That Most People Don’t Understand

The fundamental difference between wealthy people and average earners isn’t income—it’s approach. While most focus on earning paychecks and spending on lifestyle, the wealthy concentrate on acquiring assets that generate revenue, appreciate over time, and don’t require constant personal effort. These assets create money while you sleep, and they’re often misunderstood or invisible to those

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Read These 7 Books and You will Never Lack Motivation Again

Read These 7 Books and You will Never Lack Motivation Again

Motivation isn’t something you’re born with—it’s a fire you learn to build and reignite when life tries to snuff it out. These seven books offer more than temporary inspiration; they provide frameworks and proven strategies to keep your inner drive burning bright through any challenge. 1. “Can’t Hurt Me” by David Goggins David Goggins delivers

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10 Terrible Things The American Middle Class Wastes Money on in 2025

10 Terrible Things The American Middle Class Wastes Money On In 2025

The American middle class faces a challenging financial landscape in 2025. While incomes have grown, so have the subtle ways money slips through the cracks. What makes these financial leaks particularly dangerous is that they feel normal or even necessary, making them harder to recognize and eliminate. These aren’t minor inconveniences—they’re systematic drains that compound

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10 Steps To Master Financial Self-Discipline: The Path to Wealth

10 Steps To Master Financial Self-Discipline: The Path to Wealth

Financial self-discipline is the cornerstone of lasting wealth and economic independence. It’s not about earning the highest salary or getting lucky with investments—it’s about consistently making smart decisions with your money, day after day, year after year. Mastering financial self-discipline means developing the habits and mindset that transform your relationship with money from reactive to

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10 Things Emotionally Intelligent Middle-Class People Don’t Say

10 Things Emotionally Intelligent Middle-Class People Don’t Say

Emotional intelligence shapes the way we communicate and connect with others. The words we choose can either build bridges or create barriers in our relationships. While education and financial stability might define the middle class, it’s emotional intelligence that determines the quality of their interactions and relationships. People with high emotional intelligence understand that specific

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10 Success Books That Will Teach You More Than Any Motivational Speaker

10 Success Books That Will Teach You More Than Any Motivational Speaker, According to Psychology

Motivational speakers can pump you up for an afternoon, but their impact rarely lasts beyond the parking lot. Fundamental transformation comes from understanding the mechanics of success and having a clear framework to follow. The books on this list provide tested systems, psychological insights, and practical strategies that create lasting change—not feel-good manifestos, but manuals

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Charlie Munger’s 5 Wealth Lessons People Learn Too Late In Life

Charlie Munger’s 5 Wealth Lessons People Learn Too Late In Life

The late Charlie Munger, Warren Buffett’s legendary partner, built extraordinary wealth through principles most people discover far too late. His approach was straightforward yet profoundly complex to execute. These aren’t hidden secrets—they’re evident in hindsight, yet most people spend decades learning them the hard way. By the time they understand what Munger taught, precious years

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10 Books Everyone Wishes They Had Read Sooner

10 Books People Wish They Had Read Sooner

There’s something uniquely bittersweet about discovering a life-changing book and immediately thinking, “Where was this ten years ago?” Certain books have the power to transform our perspective on relationships, finances, habits, and our place in the world. The unfortunate reality is that many people stumble upon these transformative reads far later than they wish they

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5 Signs a Person Has a High Net Worth, Even If They Seem Lower Middle-Class

5 Signs a Person Has a High Net Worth, Even If They Seem Lower Middle-Class

True wealth rarely announces itself with designer logos and luxury cars. Some of the wealthiest people might be hiding in plain sight, living in modest homes and driving sensible vehicles. The millionaire next door could be the quiet neighbor who’s driven the same reliable sedan for a decade, or the colleague who brings lunch from

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The 5 Most Destructive Attitudes Toward Wealth, According to Psychology

The 5 Most Destructive Attitudes Toward Wealth, According to Psychology

Your relationship with money extends far beyond spreadsheets and bank balances. The psychological attitudes you hold toward wealth quietly shape every financial decision you make, often operating beneath conscious awareness. While positive money mindsets accelerate your path to economic security, destructive attitudes create invisible barriers that trap people in cycles of struggle regardless of income

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10 Life Lessons from 10 Books Most Men Learn Too Late in Life

10 Life Lessons from 10 Books Most Men Learn Too Late in Life

Some truths hit harder when you’re older. The wisdom you needed at twenty suddenly makes sense at forty, and you wonder why no one told you sooner. The answer is simple: they did. You just weren’t ready to listen. These ten books contain life-changing lessons that most men discover too late. Each offers a perspective

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People Who Really Want to Be Rich Abandon These 5 Middle-Class Habits

People Who Really Want to Be Rich Abandon These 5 Middle-Class Habits

The path to wealth often requires a fundamental shift in mindset and behavior. While middle-class habits provide stability and comfort, they can also create invisible barriers to significant wealth accumulation. Those who genuinely aspire to build substantial wealth typically abandon specific ingrained patterns that keep earnings predictable but limited. Understanding these habits isn’t about criticizing

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10 Books That Give You The 10 Mindsets For Success

10 Books That Give You The 10 Mindsets For Success

Success isn’t just about talent or luck. It’s about developing the right mindsets that shape how you approach challenges, opportunities, and personal growth. The way you think determines the actions you take, and those actions ultimately define your results. While there are countless books on success, certain titles stand out for their ability to transform

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