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.

Minimum Annual Income Needed to Qualify as Middle Class in New York City 2025

Minimum Annual Income Needed to Qualify as Middle Class in New York City 2025

New York City, often hailed as the epicenter of dreams and opportunities, is also known for its high cost of living. As we look ahead to 2025, understanding what it means to be middle class in this bustling metropolis becomes increasingly essential for residents and potential newcomers alike. This article delves into the minimum annual […]

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Current Michael Jordan Net Worth 2025 (Billionaire)

Current Michael Jordan Net Worth 2025 (Is He A Billionaire?)

Michael Jordan, the iconic basketball player turned business mogul, continues to dominate headlines for his athletic legacy and astounding financial success. According to Forbes, as of February 2025, Jordan’s net worth stands at an impressive $3.5 billion. This figure cements his status as one of the wealthiest athletes in history, placing him among the elite

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5 Trading Books for Mastering Market Cycles and Building Rich Portfolios

5 Trading Books for Mastering Market Cycles and Building Rich Portfolios

Understanding market cycles and building robust portfolios are essential skills for any serious investor or trader. The following five books offer invaluable insights into these crucial aspects of financial success. Each book provides unique perspectives and strategies to help you navigate the complex world of investing and trading. Here are the five books where you

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Top 5 Things Middle Class People Waste Money On In 2025

The Top 5 Things Middle-Class People Waste Money On In 2025

In 2025, the economy for middle-class Americans continues to evolve, presenting challenges and opportunities. As we navigate this complex economic environment, it’s crucial to identify areas where the middle class might be unnecessarily spending their hard-earned money. By recognizing these common pitfalls, they can make more informed decisions and potentially improve their financial well-being. Let’s

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5 Rich Habits That Can Help You Grow Your Net Worth in 2025

5 Rich Habits That Can Help You Grow Your Net Worth in 2025

Building wealth isn’t just about making money—it’s about developing sustainable habits that compound over time. As we navigate the economic landscape of 2025, certain practices can be particularly effective for growing net worth. Whether you’re just starting your financial journey or looking to accelerate your wealth building, these five habits can help create a strong

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If You Really Want To Create Wealth, Study These 10 Patterns

If You Really Want To Create Wealth, Study These 10 Patterns

Creating wealth isn’t about finding secret formulas or making lucky guesses. It’s about recognizing and understanding patterns that have stood the test of time. These patterns appear consistently across markets, economies, and human behavior. By studying and internalizing these patterns, you can better understand how wealth is built and maintained. The following patterns represent foundational

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10 Books the Upper Class Recommend for Strategic Wealth Accumulation

10 Books Upper-Class Mentors Assign to Their Protégés

Mentorship is crucial in shaping future leaders in high-powered business and entrepreneurship. Upper-class mentors often guide their protégés through personal interactions and by recommending transformative books. These literary works serve as cornerstones for personal and professional growth, offering invaluable insights into success, leadership, and innovation. Millionaire and billionaire mentors frequently assign the following ten books

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America's Middle Class Is Fleeing to These 10 States in Droves in 2025

America’s Middle Class Is Fleeing to These 10 States in Droves in 2025

The American demographic landscape will continue to shift dramatically in 2025, with middle-class families increasingly gravitating towards states offering better economic opportunities, lower living costs, and improved quality of life. This migration trend is reshaping the nation’s social and economic fabric, creating new regional dynamics likely to have far-reaching implications for years. Certain states have

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The Best 10 Books for Learning Money Psychology

The Best 10 Books for Learning Money Psychology

Money psychology is a fascinating field exploring how our thoughts, emotions, and behaviors influence financial decisions. Understanding the psychological aspects of money can help you make better financial choices and improve your overall relationship with money. This article presents ten influential books that delve into the psychology of money and economic decision-making, offering valuable insights

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If You Really Want to Escape the Middle-Class Stop Ignoring These 5 Financial Rules

If You Really Want to Escape the Middle Class, Stop Ignoring These 5 Financial Rules

The path from middle-class financial stability to actual wealth creation isn’t a matter of luck or inheritance – it’s about following proven financial principles with discipline and consistency. Many people remain trapped in the middle-class trap despite earning good incomes because they overlook fundamental rules that could transform their financial future. By mastering the following

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