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 Best Book Recommendations To Get Rich

The Best Book Recommendations To Get Rich

In today’s fast-paced entrepreneurial landscape, building wealth goes beyond hard work—it involves learning from those who have navigated the challenging path before you. This article highlights the top ten advanced books that not only offer cutting-edge strategies for success but have also earned high praise through reviews, testimonials, and strong sales records. Whether launching a […]

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What Net Worth Puts You in the Upper, Middle, & Lower Class in 2025

What Net Worth Puts You in the Upper, Middle, & Lower Class in 2025?

Understanding social classes based on net worth is crucial for understanding where you are in today’s complex economic landscape. Net worth, which reflects the total value of assets minus liabilities, significantly defines your financial status. This article explores how net worth categorizes individuals into the lower, middle, and upper classes, highlighting each group’s financial challenges

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Warren Buffett: 7 Things Poor People Waste Money on Due to a Lack of Financial Education

Warren Buffett: 7 Things Poor People Waste Money on Due to a Lack of Financial Education

Warren Buffett, often called the “Oracle of Omaha,” has amassed a fortune through disciplined investing and sound financial principles. Despite being one of the wealthiest people in the world, he continues to live in the same house he purchased in 1958 for $31,500 and maintains modest spending habits. His financial wisdom isn’t just for billionaires—it

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10 Things the Middle Class Thinks Are Assets but Are Not

10 Things the Middle Class Thinks Are Assets but Are Not

The path to financial success is paved with misconceptions. Many middle-class households believe they build wealth through purchases that drain their net worth. Understanding the difference between actual assets (things that put money in your pocket) and liabilities (things that take money out) is crucial for long-term financial success. Let’s explore ten commonly misunderstood “assets”

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10 Books that Will Actually Change your Life

10 Books that Will Actually Change your Life

In the vast world of literature, books exist that transcend mere entertainment or information, offering profound insights and practical wisdom that can transform lives. These life-changing books span genres such as self-help, philosophy, psychology, and personal development, providing readers with tools to navigate life’s challenges and achieve personal growth. This article explores ten books widely

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The Only 7 Books That Actually Helped Me Become a Millionaire

The Only 7 Books That Actually Helped Me Become a Millionaire

I have read over 1,500 nonfiction books, and only seven have actually helped me become a millionaire. In this article, I explain the principles in the seven influential books that helped me achieve millionaire status and offer insights into the principles and practices that can guide anyone toward financial freedom. Achieving financial success and becoming

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10 Money Rules The Wealthy Know That the Poor Don’t

10 Money Rules The Wealthy Know That the Poor Don’t

Financial success isn’t simply about luck or inheritance—it’s about mindset, habits, and strategic decisions that compound over time. Financially successful individuals consistently follow specific principles. The good news? Anyone seeking to improve their financial trajectory can learn and implement these rules. The following ten money rules highlight the key differences in how wealthy people approach

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5 Bad Signs You Are No Longer In the Middle Class

5 Bad Signs You Are No Longer In the Middle Class

Being middle class has traditionally meant financial stability, access to essential services, secure housing, and the ability to plan for the future. However, economic shifts in recent years have made it increasingly difficult for many to maintain this status. The boundaries between economic classes have become more fluid, with many Americans finding themselves in precarious

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10 Books Billionaires Read That Broke People Never Open

10 Books Billionaires Read That Broke People Never Open

The world’s wealthiest individuals often attribute their success to the knowledge and insights they’ve gained from books. These works guide business, investing, and personal development, offering transformative ideas that shape their strategies and philosophies. Below are ten books that billionaires frequently recommend. Each offers unique lessons that have helped them achieve extraordinary success. 1. Sapiens

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7 Things the Wealthy Never Invest In or Buy (Avoid at All Costs)

7 Things the Wealthy Never Invest In or Buy (Avoid at All Costs)

Wealth isn’t just about making smart investment choices—it’s equally about avoiding financial pitfalls that can derail your path to prosperity. While many focus on what to buy to grow wealth, genuinely successful individuals are often distinguished by what they deliberately avoid. Wealthy people follow certain principles that protect their assets and ensure sustainable long-term growth.

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The 5 Worst Things The Middle Class Buys According To Warren Buffett

The 5 Worst Things The Middle Class Buys According To Warren Buffett

Warren Buffett, known as the “Oracle of Omaha,” has amassed a fortune through savvy investments and mindful spending habits. Despite being one of the wealthiest people on the planet, Buffett maintains a notably frugal lifestyle. His financial wisdom extends beyond stock picks to practical advice about everyday purchasing decisions. For middle-class Americans looking to build

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10 Proven Financial Strategies the Middle Class Can Use to Build Wealth

10 Proven Financial Strategies the Middle Class Can Use to Build Wealth

Building wealth as a middle-class family can be increasingly challenging in today’s economic landscape. While the wealth gap has widened over recent decades, practical, proven pathways to financial security and abundance remain. The following strategies aren’t get-rich-quick schemes but rather time-tested approaches that require consistency and patience. Middle-class households can build substantial wealth over time

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10 Books That Will Change the Way You Think About Money

10 Books That Will Change the Way You Think About Money

Understanding and managing money effectively is crucial for achieving financial stability and success. However, conventional wisdom often falls short of providing a comprehensive approach to personal finance. Fortunately, numerous books offer innovative perspectives and practical strategies to transform our thoughts about money. This article will explore ten influential books that can fundamentally shift your understanding

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Learn from the Legend: 10 Ways Warren Buffett Built His Fortune

Learn from the Legend: 10 Ways Warren Buffett Built His Fortune

Warren Buffett, often called the “Oracle of Omaha,” has become synonymous with successful investing. His journey from a young entrepreneur selling chewing gum door-to-door to becoming one of the world’s wealthiest individuals offers invaluable lessons for aspiring investors. Buffett’s approach isn’t based on complex formulas or market timing but on fundamental principles that have stood

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10 Self-Made Millionaire Rules That Feel Wrong (But Work)

10 Self-Made Millionaire Rules That Feel Wrong (But Work)

The path to building significant wealth rarely follows conventional wisdom. Self-made millionaires often adopt principles that seem counterintuitive or even wrong to the average person. Yet these unconventional rules consistently appear in the success stories of those who’ve built substantial wealth from the ground up. Understanding these counterintuitive principles might be the key to unlocking

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Warren Buffett’s #1 Rule for Building Wealth (And Why Most People Ignore It)

Warren Buffett’s #1 Rule for Building Wealth (And Why Most People Ignore It)

Few voices command as much respect as Warren Buffett’s regarding investment wisdom. The Oracle of Omaha has amassed a fortune through decades of disciplined investing, and his advice has guided countless individuals on their wealth-building journeys. At the core of his philosophy lies a deceptively simple principle that, despite its clarity, is routinely overlooked by

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If You Really Want to Get Wealthy, You Must Master These 5 Investment Strategies

If You Really Want to Get Wealthy, You Must Master These 5 Investment Strategies

Building wealth isn’t about getting lucky with a hot stock tip or timing the market perfectly. True financial success comes from consistently implementing proven, time-tested investment strategies. While investing might seem complex, the path to building wealth is often more straightforward than most people realize. By mastering these five fundamental investment strategies below, you can

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7 Money Signs You're Stuck in Middle-Class Thinking (And How to Break Free)

7 Money Signals You’re Stuck in the Middle-Class Mindset (And How to Escape It)

Financial success isn’t just about how much you earn—it’s deeply influenced by how you think about money. Many people remain trapped in the middle-class mentality not because of their income level but because of their mindset. Middle-class thinking creates invisible barriers that limit wealth creation and economic freedom. While there’s nothing wrong with middle-class values

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