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 10 Highest-Paying Middle-Class Jobs That Don't Require a Bachelor's Degree

The 10 Highest-Paying Middle-Class Jobs That Don’t Require a Bachelor’s Degree

Career opportunities have shifted dramatically in recent years, with skilled trades and technical positions offering substantial earning potential without the burden of traditional four-year college debt. As student loan debt continues to climb and employers face critical shortages in specialized fields, alternative career paths prove that a bachelor’s degree isn’t the only route to financial […]

The 10 Highest-Paying Middle-Class Jobs That Don’t Require a Bachelor’s Degree Read More »

5 Books That Teach You More Than a Psychology Degree

5 Books That Teach You More Than a Psychology Degree

Traditional psychology education provides valuable theoretical foundations, but sometimes, the most profound insights into human behavior come from books that bridge rigorous research with practical application. These five influential works offer accessible wisdom that often surpasses what you might learn in formal academic settings. They combine decades of scientific research with real-world relevance. 1. Influence: The Psychology of

5 Books That Teach You More Than a Psychology Degree Read More »

The 5 Most Powerful Wealth Habits that the Middle Class Needs to Adopt

The 5 Most Powerful Wealth Habits that the Middle Class Needs to Adopt

The difference between the middle class and the wealthy isn’t just income—it’s mindset and habits. While many middle-class families earn decent salaries, they often remain trapped in negative financial cycles that prevent wealth accumulation. The wealthy understand that building lasting wealth requires adopting specific behaviors and thinking patterns that compound over time. These five powerful

The 5 Most Powerful Wealth Habits that the Middle Class Needs to Adopt Read More »

The Top 5 Careers of Millionaires Based On Dave Ramsey's Study

The Top 5 Careers of Millionaires Based On Dave Ramsey’s Study

When most people envision millionaires, they picture high-powered executives, celebrity entrepreneurs, or Wall Street moguls driving luxury cars and living in mansions. However, Dave Ramsey’s groundbreaking National Study of Millionaires paints a dramatically different picture of wealth in America. This comprehensive research project, involving over 10,000 millionaire participants, represents the most extensive study ever conducted

The Top 5 Careers of Millionaires Based On Dave Ramsey’s Study Read More »

10 Books That Inspired Jeff Bezos to Build Amazon and Become a Billionaire

10 Books That Inspired Jeff Bezos to Build Amazon and Become a Billionaire

Jeff Bezos, the founder of Amazon and one of the world’s most successful entrepreneurs, has long been known as a voracious reader whose business philosophy was shaped by carefully selected books. The literature that influenced Bezos, from disruption theory to operational excellence, provided the intellectual framework for building Amazon into today’s global powerhouse. These ten

10 Books That Inspired Jeff Bezos to Build Amazon and Become a Billionaire Read More »

10 Rules for Avoiding Middle-Class Money Traps That Keep You Broke

10 Rules for Avoiding Middle-Class Money Traps That Keep You Broke

The middle class faces a unique financial paradox: earning enough to feel comfortable but not enough to feel secure. While paychecks arrive steadily, wealth remains frustratingly out of reach. The culprit isn’t income—subtle money traps drain resources and prevent financial growth. Understanding and avoiding these pitfalls can mean the difference between perpetual financial stress and

10 Rules for Avoiding Middle-Class Money Traps That Keep You Broke Read More »

5 Rich Mindsets: The Psychology Behind Wealth Creation

5 Rich Mindsets: The Psychology Behind Wealth Creation

The difference between those who accumulate wealth and those who struggle financially often lies not in their circumstances but their psychological approach to life. While external factors certainly play a role, research in psychology and behavioral economics reveals that specific mindsets consistently separate wealth builders from others. These mental frameworks shape how people perceive opportunities,

5 Rich Mindsets: The Psychology Behind Wealth Creation Read More »

I Read 200 Books on Money: Only These 5 Are Worth Reading

I Read 200 Books on Money: Only These 5 Are Worth Reading

After spending decades immersed in financial literature—and reading over 200 books on personal finance and money management—I’ve come to a surprising conclusion: most of them recycle the same concepts with different packaging. Only five books on this topic, out of this extensive reading journey, fundamentally transformed my relationship with money and changed my financial life.

I Read 200 Books on Money: Only These 5 Are Worth Reading Read More »

People Who Build Wealth Avoid These 5 Common Financial Pitfalls

People Who Build Wealth Avoid These 5 Common Financial Pitfalls

The path to building wealth isn’t always about making more money—it’s often about avoiding the mistakes that can derail your financial journey. According to the Federal Reserve’s Survey of Consumer Finances, the wealth gap in America continues to widen, with the top 10% of families holding nearly 70% of the wealth. What separates those who

People Who Build Wealth Avoid These 5 Common Financial Pitfalls Read More »

5 Status Symbols That the Middle Class Confuse for Financial Success

5 Status Symbols That the Middle Class Confuse for Financial Success

In a world where social media showcases the lifestyles of the rich and famous, many middle-class individuals find themselves chasing symbols of wealth rather than building actual financial security. The gap between appearing wealthy and being financially stable has never been wider. This distinction matters because pursuing status objects often comes at the expense of

5 Status Symbols That the Middle Class Confuse for Financial Success Read More »

5 Psychology Books to Make You Emotionally Stronger

5 Psychology Books that Can Make You Emotionally Stronger

In today’s fast-paced and often challenging world, developing emotional strength isn’t just helpful—it’s essential. Emotional strength enables us to cope with life’s inevitable challenges, bounce back from setbacks, and manage our feelings effectively rather than being overwhelmed by them. While building this inner resilience takes time and practice, evidence-based psychology books offer valuable insights and

5 Psychology Books that Can Make You Emotionally Stronger Read More »

People Who Build Wealth Focus on These 4 Long-Term Strategies

People Who Build Wealth Focus on These 4 Long-Term Strategies

Building significant wealth rarely happens by accident. Those who successfully grow their net worth over time tend to follow specific patterns of behavior that compound into substantial financial gains. While get-rich-quick schemes promise immediate results, actual wealth creation requires patience, discipline, and adherence to time-tested principles. Understanding these four strategies can put you on the

People Who Build Wealth Focus on These 4 Long-Term Strategies Read More »

5 Jobs That Can Make You A Millionaire

5 Jobs That Can Make You A Millionaire

In a world where achieving millionaire status is a common goal, specific career paths stand out for their extraordinary income potential. While becoming a millionaire requires high earnings, smart financial decisions, and disciplined saving habits, these five professions offer the most direct path to significant wealth accumulation. Let’s explore the five careers consistently demonstrating the

5 Jobs That Can Make You A Millionaire Read More »

5 Books to Change Your Life in 2025 (No Self-Help)

5 Books to Change Your Life in 2025 (No Self-Help)

Finding genuinely transformative reading can be challenging in a world saturated with formulaic self-help books promising quick fixes and life hacks. The books featured here stand apart from typical self-help literature – they’re grounded in research, case studies, and practical wisdom rather than feel-good platitudes. These five works offer profound insights into habits, productivity, success

5 Books to Change Your Life in 2025 (No Self-Help) Read More »

Are You Rich? The Net Worth It Takes to Be Considered Wealthy in 2025

Are You Rich? The Net Worth It Takes to Be Considered Wealthy in 2025

Have you ever wondered if you qualify as “rich” by today’s standards? While wealth is subjective and means different things to different people, financial institutions and researchers have established certain thresholds that help define what it means to be wealthy in America. These benchmarks continue to evolve in 2025, influenced by economic changes, generational perspectives,

Are You Rich? The Net Worth It Takes to Be Considered Wealthy in 2025 Read More »

The Middle-Class Job Apocalypse: 5 Careers AI Will Obliterate by 2030

The Middle-Class Job Apocalypse: 5 Careers AI Will Obliterate by 2030

As artificial intelligence rapidly advances, its impact on the job market becomes increasingly evident. While technological shifts have always transformed employment landscapes, the pace and scope of AI’s capabilities present unprecedented challenges for middle-class workers. According to analyses from organizations like McKinsey and the World Economic Forum, certain occupations face significant disruption due to their

The Middle-Class Job Apocalypse: 5 Careers AI Will Obliterate by 2030 Read More »

5 Ancient Books to Change Your Life in 2025

5 Ancient Books to Change Your Life in 2025

In a world saturated with self-help books promising quick fixes and easy transformation, the most profound changes often come from works that never claimed to “help” us. Philosophy and deep thinking have always offered something more substantial than ten-step programs or morning routines. The five books explored below span over two millennia of human wisdom

5 Ancient Books to Change Your Life in 2025 Read More »

People Who Build Wealth Don’t Waste Time on These 5 Mindsets

People Who Build Wealth Don’t Waste Time on These 5 Mindsets

The journey to financial success is as much about mindset as money management. While investment strategies and saving habits are crucial, the psychological foundation upon which wealth is built often separates those who achieve financial freedom from those who struggle. Wealthy individuals share common thought patterns that enable them to make better financial decisions, take

People Who Build Wealth Don’t Waste Time on These 5 Mindsets Read More »

These Are the Best Psychology Books I’ve Read So Far

These Are the Best Psychology Books I’ve Read So Far

Psychology books have been instrumental in my journey of self-discovery and understanding human behavior. They’ve provided me with frameworks to make better decisions, build stronger relationships, and navigate life’s challenges with greater awareness. The nine books I will share in this article have fundamentally changed how I see the world and interact with others. Each

These Are the Best Psychology Books I’ve Read So Far Read More »

Warren Buffett’s 10 Pieces of Advice For Investors

Warren Buffett’s Best 10 Pieces of Advice For Investors

Warren Buffett, often called the “Oracle of Omaha,” has amassed a fortune through disciplined investing and business acumen. His principles have guided countless investors through market cycles, economic downturns, and periods of irrational exuberance. This article explores ten key pieces of wisdom from one of history’s greatest investors—advice that remains as relevant today as when

Warren Buffett’s Best 10 Pieces of Advice For Investors Read More »