Psychology Archives - New Trader U

10 Books That Will Teach You More Than Any Psychology Degree

Book Reviews, Books, Psychology / Steve Burns

While formal psychology education provides valuable theoretical foundations, the following ten carefully selected books offer profound insights into human behavior, cognition, and emotional well-being that often surpass what traditional academic programs deliver. Each work distills decades of research and practical experience into accessible, actionable wisdom that readers can immediately apply to better understand themselves and […]

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5 Mental Habits to Break the Poverty Mindset and Start Building Wealth, According to Psychology

Psychology, Wealth / Steve Burns

The difference between those who build wealth and those who struggle financially often lies not in circumstances but in mental patterns. Research in behavioral economics and cognitive psychology reveals that specific thought processes either accelerate or sabotage financial success. Breaking free from limiting mental habits isn’t just motivational advice—it’s a scientifically-backed approach to rewiring the

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5 Affordable Things The Middle Class Can Buy To Be Happier, According To Psychology

Personal Finance, Psychology / Steve Burns

Psychology suggests happiness stems from experiences, relationships, and meaningful purchases rather than extravagant spending. Focusing on affordable purchases that align with positive psychological principles for the middle class can boost well-being without breaking the bank. Research shows that strategic spending on the following types of items fosters connection, growth, and well-being and delivers more satisfaction

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10 Mindset Secrets That Separate the Rich from the Poor, According to Psychology

Psychology, Success, Wealth / Steve Burns

The gap between the wealthy and the poor isn’t just about money but mindset. Decades of psychological research reveal fundamental differences in how people across the economic spectrum think, feel, and make decisions. These aren’t inherent traits but learned patterns that can be understood and changed. According to psychological research, here are the ten mindset

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People Who Build Wealth Overcome These 5 Mental Weaknesses, According to Psychology

Psychology, Wealth / Steve Burns

Building wealth isn’t just about earning more money—it’s fundamentally about rewiring your psychological relationship with financial decisions. Research consistently shows that mindset and mental patterns are more significant in long-term financial success than starting income or circumstances. The wealthiest individuals aren’t necessarily the smartest or highest earners; they have learned to overcome specific psychological barriers

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People Who Want to Be Wealthy Should Remove These 10 Words From Their Vocabulary

Psychology, Success, Wealth / Steve Burns

The words you use daily don’t just facilitate conversation—they actively shape your financial future. Language influences your thoughts, decisions, and ultimately your wealth-building potential. Successful individuals understand that vocabulary reflects and reinforces their mindset about money and opportunity. By examining language patterns of those who struggle financially versus those who thrive, we discover certain words

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5 Bad Mindsets Wealthy People Never Waste Time On, According To Psychology

Psychology, Wealth / Steve Burns

Building wealth isn’t just about financial strategies or investment knowledge—it’s fundamentally about mindset. Psychological research reveals that successful individuals share specific thinking patterns while consistently avoiding destructive mental traps. These cognitive habits shape how they approach opportunities, setbacks, and decision-making. Understanding these patterns offers valuable insights into the psychology of financial success and personal growth.

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Middle-Class People Who Want to Be Successful Must Get Rid Of These 5 Mindsets

Psychology, Success / Steve Burns

The middle-class trap isn’t about income alone—it’s about mindset. While millions of Americans earn decent salaries, many find themselves stuck in a cycle where financial security remains elusive despite years of hard work. The difference between those who break through to genuine wealth and those who remain financially stagnant often comes down to fundamental beliefs

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7 Ways Money Can Buy Happiness According to Psychology and Backed by Science

Psychology / Steve Burns

The age-old saying “money can’t buy happiness” has been challenged by modern psychological research. While wealth alone doesn’t guarantee happiness, scientists have discovered that how we spend our money significantly impacts our happiness levels. These evidence-based strategies reveal that strategic financial decisions can enhance psychological well-being and life satisfaction. Let’s take a look at the

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7 Things Wealthy People Never Waste Time On, According to Psychology

Psychology, Time Management, Wealth / Steve Burns

Wealth-building extends beyond financial strategies and is fundamentally rooted in psychology and behavioral patterns. Research reveals that wealthy individuals possess what experts call an “internal locus of control,” meaning they believe they can influence their circumstances rather than feeling controlled by external forces. This mindset shapes how they allocate their most precious resource: time. Successful

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