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.

5 Financial Habits of Mentally Strong People

5 Financial Habits of Mentally Strong People

Mental strength and financial success share a more profound connection than most people realize. While technical knowledge about investing and budgeting matters, the psychological foundation beneath your financial decisions often determines whether you build lasting wealth or struggle with money throughout your life. The habits that separate financially successful people from those who perpetually struggle […]

5 Financial Habits of Mentally Strong People Read More »

Middle-Class People Who Actually Build Wealth Don’t Waste Time on These 5 Activities

Middle-Class People Who Actually Build Wealth Don’t Waste Time on These 5 Activities

Building wealth as a middle-class earner isn’t about landing a six-figure salary or inheriting money. It’s about making intentional choices with your two most valuable resources: time and money. While many people focus on earning more, the wealthy middle class understands that optimizing how they spend their current income often matters more than increasing pay

Middle-Class People Who Actually Build Wealth Don’t Waste Time on These 5 Activities Read More »

10 Habits Of All Financially Successful People

10 Habits Of All Financially Successful People

Financial success isn’t determined solely by how much money you earn. While higher incomes certainly help, the most financially successful people share everyday habits that anyone can adopt, regardless of their current income level. These proven behaviors form the foundation of lasting wealth and financial security, practiced consistently by individuals who have built substantial financial

10 Habits Of All Financially Successful People Read More »

Middle-Class People Who Never Move Forward Financially Usually Display These 10 Patterns of Behavior

Middle-Class People Who Never Move Forward Financially Usually Display These 10 Patterns of Behavior

Despite earning steady incomes and maintaining comfortable lifestyles, many middle-class families struggle to build meaningful wealth. They work hard, pay their bills, and appear financially stable, yet their net worth remains stagnant yearly. The challenge often lies not in income levels but in behavioral patterns that quietly undermine long-term financial progress. Recognizing these ten patterns

Middle-Class People Who Never Move Forward Financially Usually Display These 10 Patterns of Behavior Read More »

10 Signs You Were Born To Be A Millionaire

10 Signs You Were Born To Be A Millionaire

Building wealth isn’t just about luck or inheritance—it’s about mindset, habits, and behavioral patterns that separate future millionaires from those who remain financially average. While anyone can develop these traits, some naturally exhibit the psychological and behavioral characteristics that lead to extraordinary financial success. These ten signs reveal whether you possess the inherent qualities that

10 Signs You Were Born To Be A Millionaire Read More »

People Who Like To Build Wealth Have These 5 Special Personality Traits

People Who Like To Build Wealth Have These 5 Special Personality Traits

What separates those who successfully build wealth from those who struggle financially? While many assume it’s simply about earning a high income, research reveals that personality traits play a far more significant role than most people realize. The difference between financial success and financial struggle often comes down to specific behavioral patterns and mindset characteristics

People Who Like To Build Wealth Have These 5 Special Personality Traits Read More »

People with a Growth Mindset Don’t Waste Time on These 5 Things, According to Warren Buffett

People with a Growth Mindset Don’t Waste Time on These 5 Things, According to Warren Buffett

Warren Buffett’s extraordinary success as an investor and business leader stems from his ability to identify profitable opportunities and his disciplined approach to time management and focus. As one of the world’s wealthiest individuals and the chairman of Berkshire Hathaway, Buffett has consistently demonstrated that building wealth requires more than making good decisions—it demands avoiding

People with a Growth Mindset Don’t Waste Time on These 5 Things, According to Warren Buffett Read More »

5 Wealth-Building Rules You Have Never Heard Of

5 Wealth-Building Rules You Have Never Heard Of

Most financial advice focuses on the same tired strategies: save more, invest in index funds, cut expenses. While these fundamentals matter, truly building substantial wealth requires thinking differently. The following five unconventional rules represent strategies that most people overlook, yet they offer some of the most reliable paths to financial independence. Let’s dive into each

5 Wealth-Building Rules You Have Never Heard Of Read More »

5 Middle-Class Traps That Keep You in the Rat Race

5 Middle-Class Traps That Keep You in the Rat Race

The middle class works harder than ever, yet many find themselves trapped in an endless cycle of earning and spending without building real wealth. Despite steady paychecks and responsible financial habits, they remain stuck in what feels like a hamster wheel of economic mediocrity. The problem isn’t income—the subtle traps redirect money away from wealth-building

5 Middle-Class Traps That Keep You in the Rat Race Read More »