New Trader U - Page 5 of 470 - Empowering Your Financial Journey

5 Phrases Upper-Middle-Class People Say Without Realizing They Sound Privileged

Class consciousness in America often reveals itself through seemingly innocent phrases that inadvertently expose economic privilege. While most people who use these expressions mean well and genuinely want to help, their words can highlight a disconnect from the financial realities of millions of Americans. These statements typically stem from personal experiences within higher income brackets, […]

5 Phrases Upper-Middle-Class People Say Without Realizing They Sound Privileged Read More »

10 Habits of Wealthy People Who Never Went to College

Business, Wealth / Steve Burns

Society conditions us to believe that wealth requires a college education. Yet Tom Corley’s groundbreaking five-year Rich Habits study reveals a surprising truth: 20% of self-made millionaires never went to college. Even more striking, 12% of the Forbes 400 wealthiest Americans are college dropouts. What habits do wealthy non-graduates share if college isn’t mandatory for

10 Habits of Wealthy People Who Never Went to College Read More »

Warren Buffett’s 10 Laws of Investing Success

Investing, Warren Buffett / Steve Burns

Warren Buffett’s investment philosophy has generated extraordinary returns over six decades, transforming a modest textile company on the brink of bankruptcy into one of the world’s most valuable corporations. His approach combines rigorous business analysis with patient capital allocation, creating a framework that individual investors can adapt for their own success. Here are Warren Buffett’s

Warren Buffett’s 10 Laws of Investing Success Read More »

The Coming White-Collar Recession For the Middle Class Explained

career, Job / Steve Burns

The American economy presents a puzzling contradiction in 2025. While GDP continues growing and corporate profits reach new heights, a different story unfolds in office buildings nationwide. Professional workers are experiencing what economists have termed the “white-collar recession” – a phenomenon that challenges everything we thought we knew about economic downturns and job security. 1.

The Coming White-Collar Recession For the Middle Class Explained Read More »

People Who End Up Wealthy Have These 10 Financial Disciplines

Investing, Personal Finance, Wealth / Steve Burns

Building wealth isn’t about luck, inheritance, or a massive salary. Research consistently shows that people who accumulate significant wealth share specific financial habits and disciplines that compound over time to create lasting prosperity. Let’s explore the ten financial disciplines of people who end up building wealth. 1. Live Below Your Means – The Cornerstone of

People Who End Up Wealthy Have These 10 Financial Disciplines Read More »

5 Things Dave Ramsey Says The Middle Class You Should Say ‘No’ To

Personal Finance, Wealth / Steve Burns

Dave Ramsey’s financial philosophy has helped millions of Americans escape debt and build wealth through straightforward principles that often require saying “no” to seemingly everyday middle-class expenses. His approach emphasizes that short-term sacrifices lead to long-term wealth and that the middle class must resist cultural pressures that keep them financially trapped. The foundation of Ramsey’s

5 Things Dave Ramsey Says The Middle Class You Should Say ‘No’ To Read More »

10 Books That Will Teach You More Than Any History Degree

Best books, Book Reviews, Books, History / Steve Burns

While traditional history degrees offer structured academic learning, some exceptional books provide deeper insights into the human experience across time. The following ten remarkable works challenge conventional narratives, reveal hidden patterns, and offer fresh perspectives that often surpass standard textbooks. Each brings unique analytical frameworks that illuminate different aspects of our shared past. Let’s explore

10 Books That Will Teach You More Than Any History Degree Read More »

10 Books That Will Teach You More Than Any Finance Degree

Book Reviews, Books, Finance, Financial Literacy / Steve Burns

While formal finance education provides theoretical foundations, the real-world application of financial principles requires wisdom not found in traditional textbooks. The following ten books offer practical insights, historical context, and proven strategies that complement and often surpass traditional academic curricula. From understanding market psychology to analyzing historical crises, these works equip readers with the knowledge

10 Books That Will Teach You More Than Any Finance Degree Read More »

5 Things That Will Make You Wealthy According to Dave Ramsey

Personal Finance, Wealth / Steve Burns

For over thirty years, Dave Ramsey has taught Americans how to build wealth through time-tested principles rooted in common sense and biblical wisdom. His approach isn’t theoretical—it’s proven. These five foundational steps have helped millions escape financial stress and build lasting wealth. 1. Have a Written Budget Plan Jesus said, “Don’t build a tower without first

5 Things That Will Make You Wealthy According to Dave Ramsey Read More »

10 Middle-Class Purchases That Scream “I’m Pretending to Be Upper Class”

Personal Finance / Steve Burns

In a world obsessed with status symbols, many middle-class individuals make purchasing decisions prioritizing appearance over financial wisdom. These acquisitions often create the illusion of wealth while simultaneously preventing accumulation. The psychology behind these purchases reveals a fundamental misunderstanding of how genuinely wealthy people behave with money. Let’s look at the ten middle-class purchases that

10 Middle-Class Purchases That Scream “I’m Pretending to Be Upper Class” Read More »

People Who Build Wealth Refuse to Waste Money On These 5 Status Symbols

Personal Finance, Wealth / Steve Burns

The path to building substantial wealth often contradicts society’s expectations of how rich people should live. While many assume that wealthy individuals surround themselves with luxury goods and expensive status symbols, the reality is quite different. Those who successfully accumulate wealth understand a fundamental principle: every dollar spent on impressive possessions is not working to

People Who Build Wealth Refuse to Waste Money On These 5 Status Symbols Read More »

Warren Buffett: Other People’s Mathematical Unintelligence Will Help Make You Rich

Warren Buffett, Wealth / Steve Burns

“My wife—when we got married, we ended up in Las Vegas, but I walked into this casino. It was either a Flamingo—it’s kind of a motel arrangement—and I was 21 and my bride was 19. I looked around the room, and there were all of these people, and they were better dressed than us. It

Warren Buffett: Other People’s Mathematical Unintelligence Will Help Make You Rich Read More »

7 Terrible Things The Middle Class Wastes Money On According To Math

Personal Finance / Steve Burns

The middle class faces a unique financial challenge: earning enough to feel secure while unknowingly destroying wealth through seemingly reasonable decisions. Mathematics reveals the actual cost of these common financial mistakes, where small choices compound into massive losses over time. Here are seven money-wasting habits that destroy middle-class wealth, backed by the cold, hard numbers:

7 Terrible Things The Middle Class Wastes Money On According To Math Read More »

People Who Become Rich Have These 10 Wealth Stacking Habits

Business, Investing, Wealth / Steve Burns

Building wealth isn’t just about earning more money—it’s about developing interconnected habits that amplify each other’s effects. The most successful wealth builders understand that their financial strategies must work together synergistically, creating exponential rather than linear growth. The following ten wealth-stacking habits form a comprehensive system where each practice strengthens and accelerates the others, turning

People Who Become Rich Have These 10 Wealth Stacking Habits Read More »

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

10 Books That Will Teach You More Than Any Psychology Degree Read More »

Middle-Class People Who Never Move Forward in Life Usually Display These 10 Patterns of Behavior

Success, Wealth / Steve Burns

Success isn’t determined by your starting point but by your development patterns. Many middle-class individuals possess the resources and opportunities to advance significantly, yet find themselves stuck in the same position year after year. The difference between those who break through to higher levels of success and those who remain stagnant often comes down to

Middle-Class People Who Never Move Forward in Life Usually Display These 10 Patterns of Behavior Read More »

Warren Buffett’s Portfolio Is Invested in these 5 Artificial Intelligence (AI) Stocks

AI, Investing, Stock Market, Stocks, Warren Buffett / Steve Burns

Warren Buffett, the legendary investor known as the Oracle of Omaha, has built his fortune by identifying undervalued companies with substantial competitive advantages. While he’s traditionally been cautious about technology investments, Berkshire Hathaway’s Q2 2025 portfolio reveals significant exposure to artificial intelligence through five major holdings. These investments demonstrate how Buffett applies his time-tested value

Warren Buffett’s Portfolio Is Invested in these 5 Artificial Intelligence (AI) Stocks Read More »

People Who Build Wealth Use These 6 Powerful Force Multipliers

People Who Build Wealth Use These 10 Powerful Force Multipliers

Investing, Real Estate, Wealth / Steve Burns

What is a Force Multiplier? A force multiplier is a strategy or tool that amplifies your financial efforts to produce disproportionately larger results than direct effort alone. Unlike linear approaches, where doubling your effort doubles your results, force multipliers create exponential returns—where small, strategic actions compound into massive wealth accumulation over time. Instead of working

People Who Build Wealth Use These 10 Powerful Force Multipliers Read More »

The Fastest Way For Middle-Class People to Become a Millionaire According to Dave Ramsey

Millionaire, Personal Finance / Steve Burns

Few voices carry as much weight when it comes to building wealth in America as Dave Ramsey. His systematic approach to financial freedom has transformed millions of lives, proving that ordinary people can achieve extraordinary wealth through disciplined action and proven principles. Here is Dave Ramsey’s fastest way for middle-class people to become a millionaire:

The Fastest Way For Middle-Class People to Become a Millionaire According to Dave Ramsey Read More »

5 Unusual Wealth-Building Habits That Indicate a High Level of Intelligence

Wealth / Steve Burns

Most people think wealth-building is about earning more, spending less, and investing wisely. While these fundamentals matter, truly intelligent wealth-builders operate differently. They engage in behaviors that might seem counterintuitive or wasteful to the average observer. These habits reveal a sophisticated understanding of systems, time, and opportunity beyond basic financial literacy. Individuals who accumulate significant

5 Unusual Wealth-Building Habits That Indicate a High Level of Intelligence Read More »