How Raising the Minimum Wage Will Affect You – Episode 244

 With the raising of the minimum wage to $15 an hour in cities like Seattle we’re going to see those impact on our cost of goods and a cultural shift in labor.

Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at welcome@ProsperityThinkers.com and we may answer it in an upcoming episode.

Links and Resources from this Episode

• For resources and additional information of this episode go to https://prosperitythinkers.com/category/podcast
• http://www.diamandis.com
• Learning Resources
• • https://ocw.mit.edu/index.htm
  • https://www.khanacademy.org
  • https://www.udemy.com

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Show Notes

• 0:55 – What really happens when minimum wage goes up
• 2:08 – How this will affect people on a fixed income
• 3:58 – Why technology is replacing workers and what to expect moving forward
• 5:57 – How would Peter Diamandis approach this subject?
• 7:37 – Why raising the minimum wage is a benefit and causes us to be more innovative
• 8:47 – Innovative resources we can all take advantage of

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