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

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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5 Ways Lower-Middle-Class People Like To Cosplay Looking Rich

Personal Finance / Steve Burns

In today’s social media-driven world, the pressure to appear financially successful has never been more intense. From Instagram feeds showcasing luxury lifestyles to TikTok influencers flaunting designer goods, the constant exposure to wealth performance creates a phenomenon sociologists call “status anxiety.” This leads many lower-middle-class individuals to engage in what can be described as “cosplaying

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Bill Ackman’s Top Current Stock Picks in 2025

Investing, Stock Market / Steve Burns

Bill Ackman, the billionaire investor behind Pershing Square Capital Management, is well known for his concentrated approach to investing. Instead of holding dozens of stocks, he focuses on a small group of high-conviction bets that he believes can generate outsized long-term returns. As of the second quarter of 2025, Ackman’s portfolio consists of just ten

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7 Bad Habits Wealthy People Never Waste Time On, According To Psychology

Habits, Wealth / Steve Burns

Success isn’t just about what wealthy people do—it’s equally about what they deliberately avoid. Psychology research reveals that high achievers consistently sidestep specific time-wasting behaviors that keep others stuck in cycles of financial struggle. These fundamental differences in how financially successful people approach daily life, manage energy, and invest their most precious resource—time—offer valuable insights

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5 Blue Collar Businesses that Turn Middle-Class People into Millionaires

Millionaire, Wealth / Steve Burns

Why Blue Collar Businesses Are the Hidden Path to Wealth The traditional career ladder often leaves middle-class workers trading decades for modest retirement savings. However, skilled trades offer an entirely different trajectory. Blue-collar businesses consistently outperform many white-collar ventures because they address fundamental human needs that can’t be outsourced or automated. While society perpetuates the

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5 Types of Wealth Habits That Will Radically Change Your Financial Life

Habits, Wealth / Steve Burns

Why Wealth Habits Matter More Than Willpower You promise you’ll start investing next month, but when payday arrives, that money mysteriously disappears into dining out and impulse purchases. Sound familiar? The harsh reality is that willpower alone fails most people when building wealth because willpower is a finite resource that depletes throughout the day. Wealthy

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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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The Best 5 Passive Income Streams, According to Robert Kiyosaki

Financial Freedom, Financial Independence, Passive Income / Steve Burns

Why Passive Income Matters “The moment you make passive income and portfolio income a part of your life, your life will change. Those words will become flesh.” — Robert Kiyosaki Robert Kiyosaki, bestselling author of “Rich Dad Poor Dad,” has long championed the power of passive income—money that continues flowing even when you’re not actively

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Why the Rich Got So Much Richer the Past 5 Years (Where the Wealth Flowed)

Economics, Wealth / Steve Burns

1. The Perfect Storm: How Multiple Forces Aligned to Boost Wealth at the Top The past five years have witnessed an unprecedented concentration of wealth at the highest levels of society. The wealthiest 1% captured nearly two-thirds of all new wealth created since 2020, representing approximately $42 trillion. This wasn’t a coincidental development but the

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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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