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Trauma Informed Financial Advice is now here
Nobody understands the impact of trauma, stigma or discrimination better than the person experiencing it.Drew Browne
Sapience Financial and Investment Services is the first Trauma Informed Organisation providing speciality Financial Advice and Insurance Advice.
This is what that means for you and your family.
Do you still have Adult Children living at home?
It might be cultural, it might be essential, but it shouldn't put your ability to retire at risk.
If you have Adult Children still living at home with you while you’re getting ready to retire, have you ever thought about how much money that costs and the effect it will have on your retirement savings?
Supporting the siblings of people living with a disability or chronic health condition
Today there are 2.1 million Australians of working age (15 – 64 years) who are living with a chronic illness or have a disability; from mild to profound.
So it's fair to assume there’s also a lot of siblings of those same people living with a disability or chronic illness.
We often forget that for every person with a disability, there’s probably a sibling or extended family member helping support them or who act as the financial backup for that person too.
Not running with Scissors and Credit Cards
As a kid, I clearly remember the repeated warning about the dangers of running with scissors.
What I didn't hear was the dangers of running off with a credit card, and I wonder which one has caused me more damage in my life so far?
Can you relate?
Are you feeling sandwiched between looking after your adult children and elderly parents?
Maybe you find yourself facing financial demands from both your own young family and older family? You're not alone.
Welcome to the life of the Sandwiched Generation.
Confessions of a 13 year old iced-doughnut-fuelled loan shark.
People ask me when was the first time I thought about money matters in a more structured and deliberate way?
I must confess it was a childhood experience that led me astray and taught me the 7 early financial lessons of the schoolyard.
How we think about our money dictates so many of our responses to it - and most of them are subconscious and invisible.
Now, this is not some pretend self-help article about 'positive thinking with positively no actual doing' where you're told to sit and 'think yourself rich'.
If that worked, the tax department wouldn't need to get people to pay their taxes; you could just 'think about' it for them instead.
#StuffYouNeedToKnow series
We all have to learn how to use financial tools to our advantage to get ahead in our financial life.
Learning how to use key financial tools is one of the habits of wealthy people… not learning how to use those same financial tools, are often the habits of people who don’t get ahead.
Do you get paid Super on your overtime?
Well, the answer is usually no, but also that depends.
Your superannuation is your forced savings for your retirement, so it’s important to understand these two key features:
- How much Super are you being paid?
- How is it actually calculated when it comes to commissions, bonuses, overtime and back pay?
When is an inheritance tax not called inheritance tax?
When it's a super death payment tax of course!
Like to know more? Well, you should because this tax problem has special meaning for people with super, and adult children of people with super.
If you plan on leaving your superannuation to your now adult kids when you pass away, there's a strong possibility your super death benefit payout will be hit with tax.
Drew Browne
Sapience Founder & Director.
Simplifying Financial Complexity
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Trauma Informed Financial Advice
Trauma Informed Financial Advice is now here Nobody understands the impact of trauma, stigma or discrimination better than the person experiencing it.Drew Browne Sapience Financial and Investment Services is the first Trauma Informed Organisation providing speciality Financial Advice and Insurance Advice. This is what that means for you and your family.Read More! -
Do you still have Adult Children living at home?
Do you still have Adult Children living at home? It might be cultural, it might be essential, but it shouldn't put your ability to retire at risk. If you have Adult Children still living at home with you while you’re getting ready to retire, have you everRead More! -
Supporting the siblings of people living with a disability or chronic health condition
Supporting the siblings of people living with a disability or chronic health condition Today there are 2.1 million Australians of working age (15 – 64 years) who are living with a chronic illness or have a disability; from mild to profound. So it's fair toRead More!
