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Amid his continuous recommendations for investing in gold, silver, and Bitcoin (BTC), Robert Kiyosaki, a renowned investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ recently shared why he believed Bitcoin is a better investment than real estate. Specifically, Kiyosaki explained that the main reason why investing in the maiden cryptocurrency might be better than investing in real estate is its movability and flexibility or the ease of distributing it when needed in an episode of his The Rich Dad Channel podcast streamed on August 22. Bitcoin is easier to trade Indeed, according to the famous finance educator and entrepreneur who, among his other investments, also engaged in trading real estate, has long argued that commodities like gold, silver, and Bitcoin were better: Picks for you Here’s why analysts ...

The tax system in Canada is draining out every dollar earned from its citizens to the government’s kitty. A recent report published by the Fraser Institute shows that Canadians pay 43% in income tax. That’s more than spending on food, housing, and clothing combined. The Canadian Consumer Tax Index 2024 edition shows that Canada’s average income is $109,235 yearly. However, $46,988 is paid in income tax, equaling 43% of their income. They’re now left with $62,247 a year to meet housing demands, food, and clothing, among other necessities. Also Read: US Oil Industry Reaches Record Volumes Despite Fewer Workers An Average Family in Canada Pays 43% in Income Tax Yearly Source: thecoinrise While basic necessities become expensive due to inflation in Canada, taxes are following the same path. Income tax in Canada pinches the most out of people’s pockets, as it’s much more expensive than food, housing, and clothing in a year. Also Read: 2 New Countries Get I...