Economics Archives - New Trader U

7 Reasons the Middle Class Stays Broke While the Upper Class Thrives

Business, Economics, Investing, Personal Finance / Steve Burns

The wealth gap between the middle class and the upper class continues to widen, but the reason isn’t as simple as income differences. Two people earning similar salaries can end up in entirely different financial situations, depending on how they approach and manage their money. The distinction between staying broke and building wealth comes down […]

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The Top 10 Wealthiest Countries In The World In 2026

Economics, Wealth / Steve Burns

The global economic hierarchy reveals which nations command the largest total economic output and exert the most influence in international markets. Based on the International Monetary Fund’s World Economic Outlook projections from October 2025, the world’s wealthiest countries by nominal GDP demonstrate where economic power concentrates as we move through 2026. These rankings measure total

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Minimum Annual Income Needed to Qualify as Middle Class in Florida 2026

Minimum Annual Income Needed to Qualify as Middle Class in Florida for 2026

Economics, Personal Finance / Steve Burns

The term “middle class” is frequently used in political discourse and financial planning conversations, but pinning down exactly what it means in terms of dollars and cents remains surprisingly elusive. For Florida residents wondering whether they’ve crossed that middle-class income threshold in 2026, the answer depends on household size, location within the state, and which

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The Salary You Need to Be Considered Middle Class in Every U.S. State In 2026

Economics, Personal Finance / Steve Burns

The term “middle class” is frequently used in American political and economic discussions, but few people understand what it actually means in concrete dollar terms. The salary required to maintain middle-class status varies dramatically depending on where you live, with some states requiring nearly double the income of others. Understanding these thresholds is crucial because

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The Average Middle-Class Income By State In 2026

Economics, Personal Finance / Steve Burns

The definition of middle-class income varies dramatically depending on where you live in the U.S. While the concept of being middle class might feel universal, the actual income required to achieve that status can differ by tens of thousands of dollars from one state to another. Understanding these differences is crucial for anyone planning their

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Actual Net Worth to Be Considered Wealthy in 2026

Economics, Personal Finance, Wealth / Steve Burns

Most middle-class Americans spend their lives chasing an undefined financial target. They work harder, save more, and invest diligently without ever knowing the actual number that separates “comfortable” from “wealthy.” The goalposts keep moving, and the definition of wealth remains frustratingly vague. The truth is more concrete than you might think. Recent surveys and Federal

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America’s Middle Class Is Fleeing to These 10 States in Droves in 2026

Economics, Real Estate / Steve Burns

The American middle class is on the move in 2026, and their destination choices reveal a fundamental shift in priorities. These families are no longer chasing the traditional coastal dream. Instead, they’re searching for what migration experts call “the sweet spot”: regions that balance genuine economic opportunity with a cost of living that doesn’t drain

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Minimum Annual Income Needed to Qualify as Middle Class in California in 2026

Economics, Personal Finance / Steve Burns

Living in California has always come with a premium price tag, but the financial threshold to maintain middle-class status in the Golden State continues climbing. Understanding where you stand on California’s income ladder requires more than just comparing your salary to national averages. The state’s unique economic landscape, driven by astronomical housing costs and regulatory

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Are You Rich? Here’s the Net Worth You Need to Be Considered Poor, Middle Class, and Wealthy (2026)

Economics, Personal Finance, Wealth / Steve Burns

Most Americans can’t answer a simple question: Are you rich? The confusion isn’t surprising when income and net worth tell completely different stories about your financial standing. A six-figure salary doesn’t guarantee wealth, and many millionaires still consider themselves middle-class. The Federal Reserve’s Survey of Consumer Finances provides the clearest picture of where Americans actually

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5 Things the Middle Class Must Stop Buying in 2026

Economics, Personal Finance / Steve Burns

The habits that kept middle-class families comfortable in the past decade won’t serve them well in 2026. Economic headwinds are shifting, and the purchasing patterns that once seemed reasonable now pose a threat to their financial stability. This isn’t about extreme deprivation or abandoning quality of life. It’s about recognizing which expenses deliver genuine value

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10 Terrible Money Habits That Will Ruin Your Middle-Class Lifestyle

Economics, Personal Finance / Steve Burns

One bad decision won’t wreck your middle-class lifestyle. What destroys it is the slow accumulation of everyday money habits that limit your ability to get ahead while making every financial emergency feel like a crisis. Most people don’t realize they’re sliding backward financially until the damage becomes irreparable. Understanding which behaviors quietly erode financial stability

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5 Signs You Will Have A Comfortable Middle-Class Retirement

Economics, Retirement / Steve Burns

Most middle-class workers spend decades wondering if they’re doing enough to secure a comfortable retirement. The truth is that certain behaviors and patterns reveal far more about your retirement prospects than any single number in your 401(k) balance. The five signs below aren’t about hitting arbitrary savings targets or following cookie-cutter financial advice. They’re about

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5 Red Flags You Are No Longer In the Middle Class

Economics, Personal Finance / Steve Burns

The American middle class is shrinking, and many families are sliding backward without realizing it until the damage is done. The shift doesn’t happen overnight, nor does it occur with a single catastrophic event. Instead, it occurs through small erosions—a retirement contribution reduced here, a credit card balance that never quite gets paid off there.

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Average Middle-Class Income By State in 2025

Economics, Personal Finance / Steve Burns

The definition of middle-class income varies dramatically depending on where you live in America. According to the Pew Research Center, middle-class income ranges from two-thirds to double the median household income in your state, creating a range rather than a single number. For 2025, the national median household income is projected to be $74,225, based

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5 Money Traps The Middle Class Is Falling For In 2025

Economics, Personal Finance / Steve Burns

The American middle class faces a quiet financial squeeze. While inflation erodes purchasing power and wages struggle to keep pace, the real damage comes from predictable money traps that silently drain wealth-building capacity. These aren’t dramatic financial disasters, but instead normalized expenses and habits that feel manageable in the moment, yet compound into years of

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5 Things the Middle Class Can No Longer Afford Due to Inflation

Economics, Personal Finance / Steve Burns

The American middle class faces an affordability crisis that would have seemed unimaginable just a few years ago. While wages have increased modestly, the cost of essential goods and services has risen by roughly 25% since 2020, the average price of a new car in the U.S. has increased from about $40,000 to over $48,000–$50,000,

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10 Middle-Class Signs You’re In a Good Place Financially (Even If You Don’t Feel Like It)

Economics, Personal Finance, Success / Steve Burns

Financial anxiety has become the background noise of middle-class life. You scroll through social media, seeing peers buy homes, take luxury vacations, and cosplay wealth in their thirties. Meanwhile, you’re stressing about retirement savings and feeling like you’ll never catch up. But what if the gap between your financial reality and your financial feelings is

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5 Reasons Most Middle-Class People Are Broke in 2025 (Avoid at All Costs)

Economics, Personal Finance / Steve Burns

The middle class in America faces a financial squeeze unlike anything seen in decades. Despite working harder than ever, millions of households earning between $50,000 and $150,000 annually struggle to make ends meet, unable to save, and constantly stressed about their finances. The gap between income and expenses has widened dramatically, and what once represented

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5 Purchases Keeping the Middle Class Broke, According to Dave Ramsey

Economics, Personal Finance / Steve Burns

Financial guru Dave Ramsey has spent decades teaching Americans how to build wealth, and his message often centers on what NOT to buy. While many financial advisors focus on investment strategies and complex wealth-building tactics, Ramsey takes a different approach. He argues that the middle class isn’t broke because they don’t earn enough—they’re broke because

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How AI is Destroying Middle-Class White-Collar Jobs Faster Than Expected

AI, career, Economics, Job / Steve Burns

The American middle class built its foundation on white-collar work. College degree, corporate job, steady paycheck, retirement plan. That path worked for decades. It’s breaking down right now, and most people aren’t paying attention until they receive the layoff notice. The changes unfolding in 2025 represent a fundamental restructuring of how companies value white-collar labor,

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