Can you really get paid for doing nothing? UBI or a universal basic income has been talked about by governments and think tanks for years.  episode artwork

EPISODE · Aug 20, 2020 · 16 MIN

Can you really get paid for doing nothing? UBI or a universal basic income has been talked about by governments and think tanks for years.

from Money Tips Daily by Charles Kelly, former IFA and author of · host Charles Kelly Business Coach

UBI or a universal basic income has been talked about by governments and think tanks for years. Now Germany has started an experiment to see if UBI can replace some of the income from the millions of jobs – both blue and white collar - expected to be lost to robots, machines and AI. Switzerland and Finland have previously run UBI pilot schemes. Driverless vehicles alone will wipe out tens of millions of jobs and AI is replacing white collar jobs in banking and investment, law and accountancy. Over 28 million people, or almost one fifth of the American workforce, were collecting some form of unemployment payment in the week ended 1 August, the BBC reports. Full articles available at Money Tips Podcast - www.moneytipsdaily.com Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period. Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution? By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected] send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com

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Can you really get paid for doing nothing? UBI or a universal basic income has been talked about by governments and think tanks for years.

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