Money Archives - New Trader U

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

Best books, Book Reviews, Books, Money, Personal Finance / Steve Burns

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. […]

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Money vs Currency (Hidden Secrets Of Money)

Business, Money / Steve Burns

Money and currency are terms often used interchangeably but refer to different concepts. Money is a medium of exchange, a unit of account, and a store of value. It facilitates transactions between parties and can take various forms, such as coins, paper bills, and even electronic transfers. On the other hand, currency is a specific

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Money: Humanity’s Biggest Illusion

Monetary policy, Money / Steve Burns

Money is anything that is accepted as a medium of exchange for goods and services. Money is fungible and divisible and allows for an exact exchange of value between two parties in trade. Money stores value and can be used to save current value for future exchange or pay off debts from previous purchases. Money

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The 20 Rules of Money

Money, Personal Finance, Rich, Wealth / Steve Burns

There are rules for making money, losing money, holding on to money, and growing money. There are principles for practicing medicine or law and a framework of rules for success, the same applies to finance. There are strategies for winning at sports or in business and there are also ways to win at money. Here

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What is a Fiat Currency?

Economics, Money / Steve Burns

A fiat currency is a type of money that has no intrinsic value and can’t be exchanged for any physical commodity or good. A fiat currency is usually created inside a national economy and is legal tender for the buying and selling of goods and as payment for all debts both public and private inside

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