As July approaches, questions about how much the minimum wage will increase have started to come in.

Let me give you a humble piece of advice: stop questioning the raise, question the inflation.
Because even if your salary increases by 2x, as long as inflation doesn't stop, your purchasing power will continuously decline.
That's why the right question should now be;
How do I preserve the value of the money I earn?
Open notifications for the answer to this :)