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Most people think becoming a millionaire means having stacks of cash. But could it be that you're already closer than you think?

In this Season 6 episode 2 (Ep 124), of What Dewey Do?, the four types of millionaires: Virtual Millionaire (aka Paycheck Millionaire), Asset Millionaire, Liquid Millionaire, and Cash Flow Millionaire, offer a framework to guide your next smart money move..

You'll learn the pros, cons, and strategic moves behind each one, plus a step-by-step playbook to move from earning a salary to building lasting passive income. You'll also hear how to transition from virtual to asset to liquid to cash flow millionaire—with actionable advice on investing, budgeting, income streams, and growing your net worth without taking wild risks.

If you're ready to build the kind of wealth that works for you, tune in now. Your future millionaire self will thank you.

Quotes:

- Dewey Steffen: "To reach cash flow status, de-risk your investments and strategically move assets into income-producing opportunities like rental property, franchises, or bonds."

- Dewey Steffen: "Once you buy a home, consider renting out rooms or investing in a duplex to accelerate your path to asset millionaire status."

- Dewey Steffen: "With discipline, your 401k, Roth IRA, brokerage accounts, and compound interest push you toward liquid millionaire status."

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Thanks for watching! What Dewey Do? is a podcast by Great Lakes Wealth (www.greatlakeswealth.us) and executively produced by Evry Media (https://www.evry.media.com) and Broadcast Your Authority (https://www.BroadcastYourAuthority.com). Great Lakes Wealth, LLC is a registered investment advisor. The information provided is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Great Lakes Wealth and its representatives are properly licensed or exempt from licensure. No advice may be rendered without a service agreement in place. Securities offered through Purshe Kaplan Sterling Investments, Member FINRA/SIPC Headquartered at 80 State Street, Albany, NY 12207.

Purshe Kaplan Sterling Investments and Great Lakes Wealth are not affiliated companies. The views reflected in the commentary are subject to change at any time without notice. Nothing herein constitutes investment advice or a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security or a depiction of past investments made by Great Lakes Wealth, LLC.

From Paycheck to Cash Flow: Which Millionaire Path Are You On Today?