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.

People With Wealthy Mindsets Always Follow These 10 Rules

People With Wealthy Mindsets Always Follow These 10 Rules

Wealth /

Success leaves clues, and those with a sizeable net worth consistently demonstrate specific mindset patterns and behaviors. The journey to building wealth isn’t just about making money—it’s about developing a mindset that attracts and keeps money. These ten fundamental rules shape how wealthy individuals think about and manage their finances, relationships, and personal growth. By […]

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Middle Class to Upper Class 8 Steps to Take in 2025

Moving From Middle Class to Upper Class: 8 Steps to Take in 2025

Wealth /

Moving from the middle to the upper class requires more than dreaming—it demands strategic action and deliberate choices. While the path isn’t simple, understanding and implementing specific wealth-building strategies can help accelerate your journey. The transition between economic classes takes time, dedication, and a well-thought-out approach. This article outlines eight key strategies for effectively navigating

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10 Books That Rich Entrepreneurs Have on Their Reading Lists

10 Books That Rich Entrepreneurs Have on Their Reading Lists

Book Reviews, Books, Wealth /

Continuous learning is a key factor in business and entrepreneurship success. Many of today’s most successful entrepreneurs attribute their achievements to the knowledge and insights gained from reading. This article explores ten books that frequently appear on the reading lists of wealthy entrepreneurs. These books offer valuable lessons and strategies for aspiring business leaders. Here

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7 Books That Show Broke Readers the Path to Millionaire Status

7 Books That Show Broke Readers the Path to Millionaire Status

Millionaire, Wealth /

Are you tired of living paycheck to paycheck? Do you dream of financial freedom but don’t know where to start? The journey from broke to millionaire status might initially seem complicated, but it’s more achievable with proper guidance than you might think. I’m living proof that it’s possible with the right mindset, dedication to self-control,

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Richest Self-Made Woman in the United States (2025)

Richest Self-Made Woman in the United States (2025)

Wealth /

Self-made wealth has long been a cornerstone of the American Dream, representing the pinnacle of entrepreneurial success and individual achievement. As we look at the wealth rankings in the United States in 2025, the stories of self-made women stand out as inspiring. These women have amassed significant fortunes through their ingenuity, perseverance, and business acumen.

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5 Books on Mindset That Middle-Class Employees Use to Escape the Rat Race

5 Books on Mindset That Middle-Class Employees Use to Escape the Rat Race

Financial Freedom, Financial Independence /

The “rat race” concept often conjures images of endless work days, financial stress, and unfulfilled dreams. Many middle-class employees are trapped in this cycle, yearning for a way out. Fortunately, many books exist to help shift your mindset and pave the way for financial freedom. This article explores five influential books that have become go-to

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If You Really Want True Wealth, Master These 10 Emotional Patterns

If You Really Want True Wealth, Master These 10 Emotional Patterns

Wealth /

Building wealth is frequently discussed by focusing on what financial strategies to use. These conversations are worthwhile, yet they often overlook an essential truth: the success of your financial plans hinges on your emotional habits. These emotional patterns influence how you react to unexpected expenses, market swings, business growth challenges, etc. By developing the ability

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10 Upper-Class Lessons Men Learn Too Late in Life

10 Upper-Class Lessons Men Learn Too Late in Life

Success, Wealth /

Life’s best wisdom often arrives through experience, sometimes later than we’d prefer. The journey to refinement and success involves understanding principles that transcend wealth or status. The insights in this article are common lessons from accomplished upper-class individuals that reveal the truth about time, relationships, and personal growth that can transform your trajectory when embraced

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10 Books Millionaires Read That Broke People Never Open (Wealth-Building Books)

10 Books Millionaires Read That Broke People Never Open (Wealth-Building Books)

Book Reviews, Books, Wealth /

The path to financial success often begins with the right mindset and knowledge. Millionaires understand this, so they consistently invest in their personal growth through reading. The wealth-building books in this article offer invaluable insights, strategies, and mindset shifts that can transform your financial future. The list below is based on interviews and surveys with

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5 Things the Middle Class Must Stop Buying In 2025

5 Things the Middle Class Must Stop Buying In 2025

Economics, Personal Finance /

As we approach 2025, the economic environment continues to evolve, presenting new challenges for the middle class. With rising inflation, persistent high interest rates, and increasing living costs, it’s crucial to reassess spending habits and make informed financial decisions. This article explores five key areas where middle-class consumers may need to curb their spending in

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5 Things Poor People Waste Money on Due to a Lack of Financial Education

Warren Buffett: 5 Things Poor People Waste Money on Due to a Lack of Financial Education

Personal Finance /

Warren Buffett, the “Oracle of Omaha,” is renowned for his financial wisdom and frugal lifestyle. Despite his immense wealth, Buffett’s approach to personal money management offers valuable lessons for people across all income levels. This article explores five common financial pitfalls that, according to Buffett’s teachings, poor people often fall into due to a lack

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People Who Actually Build Wealth Don't Waste Time on These 7 Activities

People Who Actually Build Wealth Don’t Waste Time on These 7 Activities

Wealth /

Building genuine wealth isn’t about luck or inheriting a fortune – it’s about cultivating habits that create space in your financial life for growth and prosperity. While many focus on what successful wealth builders do, the activities they consciously avoid are equally important. These choices free up valuable time and mental energy for wealth-building pursuits.

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10 Books That Help Middle-Class Readers Level Up to the Next Income Bracket

10 Books That Help Middle-Class Readers Level Up to the Next Income Bracket

career /

In today’s competitive job market, advancing your career and increasing your income often requires more than just hard work. It demands strategic thinking, personal growth, and the proper knowledge. The appropriate guidance can make all the difference for middle-class individuals aspiring to climb the economic ladder. This article explores ten influential books offering valuable insights,

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Why Broke People Waste Money on These 7 Things the Rich Avoid

Why Broke People Waste Money on These 7 Things the Rich Avoid

Personal Finance, Wealth /

In pursuing financial stability and wealth, it’s crucial to understand the habits that propel you forward or hold you back. The small, everyday decisions often make the most significant difference in your financial health. This article explores seven common financial pitfalls that frequently trap those struggling with money, while the wealthy tend to steer clear

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10 Books That Change Your Money Psychology

10 Books That Change Your Money Psychology

Personal Finance, Psychology, Wealth /

In the realm of personal finance, knowledge is power. However, true financial transformation often begins with a shift in mindset. The following ten books have the potential to revolutionize your relationship with money, offering unique perspectives and practical strategies that go beyond mere financial advice. These works delve into the psychology of wealth, challenging conventional

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5 Ways to Spot the Wealth Mindset of the Rich vs. the Broke Mindset

5 Ways to Spot the Wealth Mindset of the Rich vs. the Broke Mindset

Wealth /

Our mindset shapes our financial destiny far more than we might realize. How we think about money, opportunity, and growth can either propel us toward wealth or keep us trapped in a cycle of financial struggle. Let’s explore the key differences between wealth-building and scarcity mindsets and how understanding these distinctions can transform your financial

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5 Financial Rules The Middle Class Must Learn From Warren Buffett

5 Financial Rules The Middle Class Must Learn From Warren Buffett

Personal Finance, Wealth /

Warren Buffett is one of the world’s most successful investors and CEOs, with a net worth exceeding $142.5 billion at the end of 2024. Surprisingly, the foundation of his wealth started with simple financial strategies when he was young. His approach to personal finance relies on simple, timeless principles that anyone can follow. While most

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10 Rules the Rich Follow That the Broke Don't Understand 2

10 Rules the Rich Follow That the Broke Don’t Understand

Wealth /

Have you ever wondered why some people build wealth effortlessly while others struggle to make ends meet? The difference often lies not in starting capital or luck but in understanding and following specific principles that govern wealth creation. These rules aren’t taught in schools, yet they form the foundation of financial success for many wealthy

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