Steve Burns, Author at New Trader U

How The Middle Class Is Programmed To Stay Broke According to Psychology

Economics, Personal Finance / Steve Burns

The financial struggles of the middle class represent a curious paradox in modern society. Despite rising education levels and incomes, many middle-class individuals are trapped in a cycle of financial stress—living paycheck to paycheck with little accumulated wealth. While economic factors certainly play a role, psychology offers compelling insights into why many remain financially strained. […]

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The Only Three Assets That Build Wealth

Business, Investing, Real Estate, Wealth / Steve Burns

Building Wealth Through Balance Sheet Assets Financial freedom isn’t just about cash flow—it’s about what you own. While many focus on generating income from a job or investments, actual wealth accumulation happens on your balance sheet. This is the core message from Walker Deibel, the Wall Street Journal bestselling author of “Buy Then Build,” who

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5 Things the Middle Class Can Buy To Be Happier, According to Science

Economics, Personal Finance, Psychology / Steve Burns

Does money buy happiness? Science suggests it’s not about how much you spend but what you spend it on. Researchers have been studying the connection between purchases and well-being for decades, and the findings offer fascinating insights for middle-class consumers looking to maximize their happiness and return on investment. Research published in Psychological Science by Jacob

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10 Money Habits That Will Keep You Broke Forever

Personal Finance / Steve Burns

Wealth building doesn’t happen by accident. The path to financial security is paved with intentional decisions made daily, year after year. Unfortunately, many people find themselves stuck in a cycle of financial struggle not because of bad luck or low income but because of habits that actively work against their financial well-being. These habits silently

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Why Warren Buffett Thinks Trump’s Tariffs Are a Huge Mistake

Economics, Warren Buffett / Steve Burns

Warren Buffett, one of history’s most successful investors, has long warned against the economic dangers of tariffs. His critiques gained renewed attention in 2025 when he labeled Trump’s tariff policies “an act of war” and “a tax on goods” during a CBS interview. As markets reeled from trade tensions, Buffett’s timeless advice on navigating volatility—“Be fearful when

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The 10 Rules of Discipline That Will Make You Wealthy

Personal Finance, Wealth / Steve Burns

While there’s no guaranteed formula for financial success, certain principles of discipline consistently appear among those who build lasting wealth. These aren’t flashy techniques or overnight strategies—they’re foundational habits that compound over time to create financial freedom. Let’s explore the proven disciplines that separate those who merely dream of wealth from those who achieve it.

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The Salary You Need to Be Considered Middle Class in Every U.S. State (2025)

The Minimum Salary You Need to Be Considered Middle Class in Every U.S. State (2025)

Economics, Personal Finance / Steve Burns

The concept of the middle class has long been a cornerstone of the American Dream, symbolizing financial stability, homeownership, and the ability to provide for a family. However, defining what it means to be middle class in the United States is increasingly complex, especially as economic conditions vary greatly across states. This article explores the

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10 Middle-Class Purchases That Will Be The Most Effected By Tariffs (2025)

Economics, Personal Finance / Steve Burns

Tariffs on US imports in 2025 are set to reshape the budgets of middle-class households. With a universal 10% tariff on all goods entering the country, plus higher rates like 34% in China and 25% in Mexico and Canada, everyday purchases will cost more. The only question left is who will pay the tariffs and

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People Who Really Understand Wealth Building Never Buy These 12 Things

Personal Finance, Wealth / Steve Burns

Actual wealth building isn’t about how much you earn—it’s about how you allocate your financial resources. While money strategies vary based on individual circumstances, those building lasting wealth share many of the same everyday spending habits for what they don’t buy. They understand that every dollar spent on depreciating assets or unnecessary luxuries is not

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10 Books Quiet Millionaires Read That The Fake Rich Never Open

Book Reviews, Books, Millionaire, Wealth / Steve Burns

In the world of personal finance, there exists a stark contrast between those who build wealth quietly and methodically and those who flaunt it superficially. The “quiet millionaires” accumulate wealth through disciplined strategies and long-term thinking, often avoiding any show of their stealth wealthy building to the family, friends, neighbors, and coworkers. On the other

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Author name: Steve Burns