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.

7 Hidden Lessons Warren Buffett Teaches That Schools Ignore

7 Hidden Lessons Warren Buffett Teaches That Schools Ignore

Warren Buffett, CEO of Berkshire Hathaway and one of the world’s most successful investors, has amassed a fortune through disciplined investing and business skills. Yet his most valuable lessons extend far beyond finance. While traditional education focuses on standardized curricula and test scores, Buffett’s wisdom addresses fundamental principles that drive long-term financial and life success. […]

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The Self-Made Millionaire's Reading List: 7 Books That Actually Work

The Self-Made Millionaire’s Reading List: 7 Books That Actually Work

Many aspiring millionaires turn to books for guidance and inspiration when pursuing financial success. While countless titles promise the secrets to wealth, only a few have consistently proven their worth. This carefully curated list below presents seven influential books that have helped self-made millionaires build their fortunes. Each book has helped lay the foundation for

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5 Rags-to-Riches Movies That Inspire Wealth-Building"

The 7 Greatest Rags-to-Riches Movies That Will Inspire You to Build Wealth

The journey from poverty to prosperity has been a compelling narrative throughout film history. These seven exceptional movies below entertain and provide valuable insights about perseverance, innovation, and the mindset required to create wealth. Each film tells a unique story of struggle and triumph, illustrating that determination and resilience make financial success possible. Here are

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The Hidden Reading List: 10 Books Self-Made Billionaires Secretly Love

The Hidden Reading List: 10 Books Self-Made Billionaires Secretly Love

In the world of self-made billionaires, reading is often a common thread that weaves through their journeys to success. Many of these influential figures attribute their knowledge, insights, and even their philosophies to the books they have read. This article explores ten books that self-made billionaires secretly love, providing insights into how these works have

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7 Signs Your Money Mindset is Keeping You From the Upper Class

The difference between those who achieve significant wealth and those who remain financially stagnant often has less to do with circumstances and more with mindset. While external factors certainly play a role, the psychological barriers we create around money can be the biggest obstacles to financial advancement in economic class. These invisible mental blocks shape

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The Truth About Manifesting Wealth (It’s Not What You Think)

The 10 Truths About Manifesting Wealth (It’s Not What You Think)

Recently, the concept of “manifesting wealth” has exploded in popularity. Countless books, courses, and social media influencers promise that visualizing abundance and maintaining positive thoughts will magically attract money into your life. The appeal is obvious—who wouldn’t want to think their way to financial freedom? Yet behind these seductive promises lies a more complex reality.

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6 Books That Build Wealth vs. 5 Books That Waste Your Time

6 Books That Build Wealth vs. 5 Books That Waste Your Time

In the vast sea of financial literature, some books stand out as beacons of wisdom, while others may lead you astray. This article explores six books that can help you build wealth and five that might waste your time and money. Let’s dive into these books and discover which ones are worth your investment. Books

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Warren Buffett Says This Is the Only Investment That Matters (And Most People Don’t Get It)

Warren Buffett Says This Is the Only Investment That Matters (And Most People Don’t Get It)

Warren Buffett’s name represents wisdom and success in business and investments. Known for his shrewd investment strategies and long-term approach to wealth building, Buffett has amassed a fortune that has made him one of the wealthiest individuals on the planet. However, his most valuable piece of advice might surprise you. It’s not about stock picks

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If You Really Want to Retire as a Middle-Class Millionaire, Do These Five Things

If You Really Want to Retire as a Middle-Class Millionaire, Do These Five Things

The path to becoming a millionaire isn’t reserved for the elite or those born into wealth. For many middle-class Americans, reaching millionaire status by retirement is achievable through consistent, strategic decisions that compound over time. Here are five proven strategies for building lasting wealth through innovative planning, disciplined execution, and a long-term mindset. 1. Choose

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10 Ways to Use Stoicism to Manage Your Trading Psychology

10 Ways to Use Stoicism to Manage Your Trading Psychology

The volatility inherent in the markets can test even the most seasoned traders. Yet within the ancient wisdom of Stoic philosophy lie potent principles that can transform your approach to market psychology. By applying these timeless teachings to modern trading, you can develop stronger emotional regulation, more transparent decision-making, and a more sustainable approach to

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The 10 Psychological Traps That Secretly Keep You From Building Wealth

The 10 Psychological Traps That Secretly Keep You From Building Wealth

Most people dream of building wealth yet find themselves stuck in patterns that prevent financial growth. While external factors like market conditions and economic cycles play a role, internal psychological barriers often pose the most significant obstacles to financial success. Understanding and overcoming these mental blocks can make the difference between financial stagnation and prosperity.

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5 Things Middle-Class Americans Still Can’t Afford in 2025 Due to Inflation

5 Things Middle-Class Americans Still Can’t Afford in 2025 Due to Inflation

As they navigate the economic landscape of 2025, middle-class Americans continue to face significant financial challenges. Despite some economic improvements, inflation has left many struggling to afford essential aspects of life that were once considered attainable. This article explores five key areas where middle-class families feel the pinch, highlighting the ongoing impact of rising costs

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

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

Financial freedom isn’t just about earning more money—it’s about transforming your relationship with money. Many people remain trapped in middle-class thinking patterns that limit their potential for building lasting wealth. These patterns often feel comfortable and normal, yet they create invisible barriers to financial growth. You can begin your journey toward greater financial success by

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15 Steps to Build Wealth When You’re Starting With Nothing

15 Steps to Build Wealth When You’re Starting With Nothing

Building wealth from scratch might seem impossible, but it’s an achievable goal with the right approach and mindset. Whether starting your first job or rebuilding your finances, these practical steps will guide you toward financial success. Let’s explore how to transform your financial future, starting today. Here are the fifteen steps to wealth when you’re

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10 Powerful Books That Teach the Psychology of Success

10 Powerful Books That Teach the Psychology of Success

Success is not just about hard work and luck; it’s deeply rooted in psychology. Understanding the mental aspects of achievement can significantly boost your chances of reaching your goals. This article explores ten influential books that delve into the psychology of success. They offer valuable insights and practical strategies to help you unlock your potential

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Top 10 Books That Dave Ramsey Wants You To Read

Top 10 Books That Dave Ramsey Recommends to the Middle Class

Dave Ramsey, a renowned financial expert, has guided millions towards financial peace for decades. His approach to personal finance emphasizes debt elimination, smart saving, and wise investing. Ramsey often recommends books that align with his financial philosophy to complement his teachings. Here are the top 10 books Dave Ramsey recommends to help the middle class

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If You Really Want to Keep More of Your Money, Avoid These 7 Hidden Wealth Killers

If You Really Want to Keep More of Your Money, Avoid These 7 Hidden Wealth Killers in Your 20s and 30s

You’re earning good money in your 20s and 30s, yet somehow, wealth building feels like an uphill battle. Despite a solid income, you might wonder where all your money goes each month. The truth is that several hidden wealth killers could be secretly sabotaging your financial future. These wealth destroyers often go unnoticed until significant

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These Are The People Who Get Wiped Out First in a Recession

These Are The People Who Get Wiped Out First in a Recession

Recessions are periods of economic decline characterized by falling GDP, rising unemployment, and decreased consumer spending. While they affect everyone somewhat, certain groups are particularly vulnerable to financial hardship during these downturns. Understanding who tends to be most at risk can help individuals and policymakers better prepare for and mitigate the impacts of economic contractions.

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10 Books That Change Middle-Class Thinking and Build Millionaire Mindsets

10 Books That Change Middle-Class Thinking and Build Millionaire Mindsets

Reading books can profoundly reshape our perspectives, especially regarding wealth and financial independence. The following ten books have been instrumental in transforming middle-class mindsets and guiding readers toward millionaire status. Each offers unique insights and strategies to help individuals reframe their approach to money, success, and personal growth. Here are the ten books that change

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12 Skills You Need to Master Wealth Creation

12 Skills You Need to Master Wealth Creation

Building sustainable wealth requires mastering specific skills that go beyond basic money management. This article explores the essential skills you must develop for effective wealth creation. Here are the twelve skills you need to master wealth creation: 1. How to Calculate Compound Interest and Investment Returns Understanding compound interest fundamentally changes how you view money

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