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.

 

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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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