New Trader U - Page 9 of 471 - Empowering Your Financial Journey

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

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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5 Things The Lower Middle Class Must Stop Buying According To Dave Ramsey

Personal Finance / Steve Burns

Financial guru Dave Ramsey has spent decades helping families escape debt and build wealth through his straightforward, no-nonsense approach to money management. His advice particularly resonates with lower-middle-class families who often find themselves trapped in cycles of debt despite having steady incomes. Ramsey consistently identifies specific spending patterns that prevent these families from achieving financial

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Warren Buffett’s Top Current Stock Picks in 2025

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

Warren Buffett’s latest Berkshire Hathaway portfolio update for Q2 2025 offers investors a rare look into where the legendary investor and his team are putting fresh capital to work. The June 30, 2025, filing covers 41 holdings worth $257.52 billion. While Berkshire’s long-term core positions remain unchanged in many cases, the latest report shows a

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If You Really Want To Be Wealthy Start Spending Money On These 5 Things

Wealth / Steve Burns

Most people have wealth-building backwards. They save pennies on coffee while burning thousands on depreciating purchases. The wealthy think differently about spending—they invest in assets and opportunities that multiply their money rather than drain it. This counterintuitive approach to spending separates those who build lasting wealth from those who struggle financially despite earning good incomes.

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5 Reasons Grocery Prices Are So High For Middle-Class Families in 2025

Economics, Inflation / Steve Burns

For middle-class families across America, the weekly grocery trip has become an increasingly stressful financial exercise. What once felt like routine household shopping now requires careful budgeting and difficult choices between necessities. Understanding the complex forces driving these price increases can help families navigate this challenging economic landscape and make more informed decisions about their

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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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Dave Ramsey’s Shocking Prediction For Housing Prices, The Stock Market, & The Economy

Economics, Housing Market, Stock Market / Steve Burns

Financial guru Dave Ramsey recently sat down to discuss his economic outlook with the Iced Coffee Hour Podcast. He delivered surprising admissions about his track record while sharing his hopes for the current economy. Known for his no-nonsense approach to personal finance, Ramsey’s latest predictions reveal optimism and humility about forecasting economic trends. Let’s take

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5 Things Lower-Middle-Class People Buy to Try to Look Rich

Personal Finance / Steve Burns

The pressure to project success and financial stability runs deep in our society, particularly for those in the lower-middle-class bracket. With household incomes typically ranging from $32,000 to $53,000, families in this economic segment often find themselves between aspiration and reality. The desire to appear financially successful can lead to purchasing decisions prioritizing perception over

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10 Books Wealthy People Read That Most Middle-Class People Will Never Open

Book Reviews, Books, Wealth / Steve Burns

The reading habits of the wealthy reveal a fundamental difference in how they approach knowledge acquisition. While middle-class readers often gravitate toward popular business books and motivational content, wealthy individuals systematically study dense, technical works that serve as operational manuals for building and managing capital. These books demand patience, background knowledge, and a willingness to

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The 7 Math Rules That Can Make You Rich, According to Robert Kiyosaki

Wealth / Steve Burns

Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,” has revolutionized how millions think about money and wealth building. His teachings consistently emphasize mathematical principles that distinguish how the wealthy approach finances. These core concepts focus on the quantitative relationships between income, expenses, assets, and liabilities that form the foundation of financial success. According

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Warren Buffett’s Secret to Happiness: 5 Things Worth Spending On

Personal Finance, Success / Steve Burns

The Billionaire Who Lives Like Your Neighbor: Buffett’s Happiness Paradox “I can’t buy time, I can’t buy love, but I can do anything else with money, pretty much.” – Warren Buffett. With a net worth exceeding $139 billion, the Oracle of Omaha presents one of the most fascinating contradictions in our materialistic world. The Oracle of

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People Who Build Wealth Understand Robert Kiyosaki’s Cash-Flow Quadrant

Business, Investing, Wealth / Steve Burns

Wealth building isn’t just about earning more money—it’s about understanding how different income streams work and positioning yourself strategically within them. Robert Kiyosaki’s Cashflow Quadrant provides a robust framework that reveals why some people build lasting wealth while others remain financially dependent despite high incomes. The Four Income-Generating Paths: Which One Are You On? Kiyosaki’s

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The Top 5 Ways to Go From the Middle Class to Millionaire

Business, Millionaire, Wealth / Steve Burns

Building wealth from a middle-class income might seem impossible, but data shows that ordinary earners can achieve millionaire status through five proven strategies. These aren’t get-rich-quick schemes requiring luck or extraordinary circumstances. Instead, they represent systematic approaches that have created many millionaires. Each path demands different risk tolerances, timeframes, and skill sets, but all share

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Warren Buffett: 5 Things He Won’t Waste Money On

Personal Finance, Warren Buffett / Steve Burns

Warren Buffett, one of the world’s wealthiest individuals, built his fortune through disciplined investing and an equally disciplined approach to spending in his early years, which he carried over for a lifetime. Despite having a net worth exceeding $139 billion, the Oracle of Omaha lives remarkably modestly. He demonstrates that true wealth isn’t about accumulating luxury possessions but

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