---
title: "Blogs - Sapience Financial"
description: "Our Financial Blog is for people who want to grow and remain wealthy. While the journey toward wealth is clearly marked, you do have to be looking in the right direction."
url: "https://sapience.com.au/blog?start=102"
date: "2026-06-15T22:00:40+00:00"
language: "en-GB"
---

#  Blog

### Welcome to our Personal Finance Blog

![Pic of Senior Advisor Drew Browne](https://sapience.com.au/images/author-pic/ceo-drew-browne-round.png)

Money bewilders most of us. How to spend it, save it, invest it, and how to best protect the person who makes it.

These questions we all face daily — a puzzle we all attempt to understand and solve just about every day. Yet despite money's centrality to our lives and businesses, it's something we all grapple with, and mostly in private.

- Money is the 'Lord Voldemort' of topics — feared by most and mentioned by a few. It's oddly uncomfortable to discuss socially and rarely even with our partners, parents, and children.

Perhaps that's because managing our money and life's risks inevitably involves the fusion of both the emotional and practical aspects of our decision-making processes. **The most difficult of questions are those with both economic and emotional answers**.

At Sapience, we're all about **The How**.

Our educational **Personal Finance Blog** is for people who want to grow and remain wealthy. And while the journey toward wealth is clearly marked, you still have to be looking in the right direction.

### Explore Our Blog by Speciality

Select a speciality below to view our curated specialist insights and practical strategies.

[🧠 Evolutionary Finance](https://sapience.com.au/insights/evolutionary-finance) [🌳 Family, Legacy & Aging](https://sapience.com.au/insights/family-legacy-aging) [⚖️ Estate Law & Succession Planning](https://sapience.com.au/insights/estate-law-succession) [🛡️ Specialist Risk & Insurance](https://sapience.com.au/insights/specialist-risk-insurance) [🤝 Small Business Risk & Partnership](https://sapience.com.au/insights/small-business-risk-partnership) [🌍 Social Leadership & Conscious Business](https://sapience.com.au/insights/social-leadership-conscious-business) [🏠 Wealth Builders & Home Finance](https://sapience.com.au/insights/wealth-builders-home-finance) [📰 Sapience General Archive](https://sapience.com.au/insights/sapience-general-archive)

![Not made by AI sapience financial](https://sapience.com.au/images/icons/not-made-by-AI-sapience-financial-black.png)

---

  [ ![red bicycle chained to lamp pole](https://sapience.com.au/images/blog/intro-family-guarantors-money-and-mortgages-and-what-you-need-to-know-sapience-financial.jpg) ](https://sapience.com.au/blog/family-guarantors-money-and-mortgages-and-what-you-need-to-know "Family Guarantors, money and mortgages and what you need to know") ##  [ Family Guarantors, money and mortgages and what you need to know ](https://sapience.com.au/blog/family-guarantors-money-and-mortgages-and-what-you-need-to-know)

---

### Are you considering asking a family member to become your Guarantor for a mortgage?

### Here are some things you need to know and do- first

- One of the questions about home loans and mortgages we're regularly asked by older clients is, ‘Can a parent go Guarantor to a Mortgage to help one of their adult children?’
- Their adult children usually ask a variation on the same question, ‘When can a parent go guarantor to a Mortgage loan?'
- The real question people want to ask is 'Should you ever become a Guarantor to a Mortgage?'
- [ mortgage guarantor ](https://sapience.com.au/all-tags/mortgage-guarantor)
- [ borrowing from friends or family ](https://sapience.com.au/all-tags/borrowing-from-friends-or-family)
- [ 🌳 Family, Legacy & Aging ](https://sapience.com.au/insights/family-legacy-aging)
- [ ⚖️ Estate Law & Succession Planning ](https://sapience.com.au/insights/estate-law-succession)

 [ Read more … ](https://sapience.com.au/blog/family-guarantors-money-and-mortgages-and-what-you-need-to-know)

  [ ![smiling middle aged male face](https://sapience.com.au/images/blog/intro-why-does-getting-a-life-insurance-policy-sometimes-take-longer-then-expected-sapience-financial.jpg) ](https://sapience.com.au/blog/why-does-getting-a-life-insurance-policy-sometimes-take-longer-then-expected "Why does getting a life insurance policy sometimes take longer then expected?") ##  [ Why does getting a life insurance policy sometimes take longer then expected? ](https://sapience.com.au/blog/why-does-getting-a-life-insurance-policy-sometimes-take-longer-then-expected)

---

### Getting your Life Insurance policy and Income Protection policy can sometimes take longer than people might expect and the main reason why is simple.

### Once you have this type of policy, it can’t be taken away from you or cancelled by the insurance company, regardless of any future changes to your health or occupation.

The life insurance Underwriter has to get it right the first time because they don't get a second chance to fix a problem they may have originally overlooked.

- [ Guaranteed Renewable ](https://sapience.com.au/all-tags/guaranteed-renewable)
- [ 🛡️ Specialist Risk & Insurance ](https://sapience.com.au/insights/specialist-risk-insurance)
- [ 🏠 Wealth Builders & Home Finance ](https://sapience.com.au/insights/wealth-builders-home-finance)

 [ Read more … ](https://sapience.com.au/blog/why-does-getting-a-life-insurance-policy-sometimes-take-longer-then-expected)

  [ ![man hugging his dog outside in the mountains](https://sapience.com.au/images/blog/intro-smart-strategies-for-your-super-this-eofy-2021-sapience-financial.jpg) ](https://sapience.com.au/blog/smart-strategies-for-your-super-this-eofy "Smart strategies for your Super this EOFY 2021") ##  [ Smart strategies for your Super this EOFY 2021 ](https://sapience.com.au/blog/smart-strategies-for-your-super-this-eofy)

---

### Looking for some smart super ideas in 2021?

### Whatever your longer term plan is about your Super, have a shorter term plan about understanding its potential.

With the end of the financial year's June 30th fast approaching, it might be time to start thinking about your super for another year. Here are five smart strategies that could benefit you now, and help boost your super balance for later.

- [ super ](https://sapience.com.au/all-tags/super)
- [ salary sacrifice into super ](https://sapience.com.au/all-tags/salary-sacrifice-into-super)
- [ getting more into super ](https://sapience.com.au/all-tags/getting-more-into-super)
- [ spouse super contribution ](https://sapience.com.au/all-tags/spouse-super-contribution)
- [ 🏠 Wealth Builders & Home Finance ](https://sapience.com.au/insights/wealth-builders-home-finance)

 [ Read more … ](https://sapience.com.au/blog/smart-strategies-for-your-super-this-eofy)

  [ ![proud Indian father and happily son sitting on his lap](https://sapience.com.au/images/blog/intro-teaching-your-kids-to-save-is-childs-play-sapience-financial.jpg) ](https://sapience.com.au/teaching-your-kids-to-save-is-childs-play "Teaching your kids to save is child's play") ##  [ Teaching your kids to save is child's play ](https://sapience.com.au/teaching-your-kids-to-save-is-childs-play)

---

### Teaching your kids to save is child's play

### As parents we're constantly looking for ways to teach our kids. Whether that's through sharing our own culture, our beliefs and our understanding of how the world works or unconsciously by what we do, it seems that nothing teaches an impressionable mind, like watching.

But simply talking about saving money, can feel like a drag.

It's so important to remember that what and how we teach our children about money when they are young, will impact on their financial future. **It's our responsibility to raise money smart kids.**

- [ money advice for the kids ](https://sapience.com.au/all-tags/money-advice-for-the-kids)
- [ saving ](https://sapience.com.au/all-tags/saving)
- [ fun stuff ](https://sapience.com.au/all-tags/fun-stuff)
- [ 🌳 Family, Legacy & Aging ](https://sapience.com.au/insights/family-legacy-aging)

 [ Read more … ](https://sapience.com.au/teaching-your-kids-to-save-is-childs-play)

  [ ![parents and children drawing on chalk board](https://sapience.com.au/images/blog/intro-the-beginners-guide-to-actually-setting-financial-goals-sapience-financial.jpg) ](https://sapience.com.au/blog/the-beginners-guide-to-actually-setting-financial-goals "The beginner's guide to actually setting financial goals") ##  [ The beginner's guide to actually setting financial goals ](https://sapience.com.au/blog/the-beginners-guide-to-actually-setting-financial-goals)

---

### So how do you actually start setting financial goals?

### By now you’ve had a chance to read the ‘thinking' [A Beginner's Guide to Thinking About Setting Financial Goals](https://sapience.com.au/index.php?option=com_content&view=article&id=222:the-beginners-guide-to-thinking-about-setting-financial-goals&catid=83:blog)’ part of making financial goals and decisions, it's time to start the ‘**doing**’.

It's no secret the COVID19 pandemic has hurt many Australians and has either [derailed many of us from our financial goals](https://sapience.com.au/index.php?option=com_content&view=article&id=312:how-to-survive-a-financial-train-wreck&catid=83:blog) or has forced us to re-prioritise our current situation.

With historically unusually low interest rates, many Australians are now prioritising their debt and looking for strategies to consolidate and pay down credit card debt much faster than they previously had planned.

This is a great step, but how do we make sure it's just not just another stand-alone opportunity to take and miss the chance to pause and refocus our thinking about what we all actually **want to be doing**?

- [ money advice for the kids ](https://sapience.com.au/all-tags/money-advice-for-the-kids)
- [ money habits ](https://sapience.com.au/all-tags/money-habits)
- [ setting financial goals ](https://sapience.com.au/all-tags/setting-financial-goals)
- [ 🏠 Wealth Builders & Home Finance ](https://sapience.com.au/insights/wealth-builders-home-finance)

 [ Read more … ](https://sapience.com.au/blog/the-beginners-guide-to-actually-setting-financial-goals)

  [ ![Disneyland magic castle](https://sapience.com.au/images/blog/intro-living-happily-ever-after-in-a-rented-house-maybe-sapience-financial.jpg) ](https://sapience.com.au/blog/living-happily-ever-after-in-a-rented-house-maybe "Living happily ever after in a rented house, maybe") ##  [ Living happily ever after in a rented house, maybe ](https://sapience.com.au/blog/living-happily-ever-after-in-a-rented-house-maybe)

---

### Living happily ever after — in a rented house, maybe

### At a recent business conference the presenter, a young speaker from Generation Millennial made some insightful comments about changes he saw occurring in Australia - the rise of the sharing economy (ride-sharing, home sharing and job sharing) and how these new approaches to ownership were changing the way people thought about traditional forms of ownership.

Some interesting insights, I thought.

He went on to list emerging business examples of the new sharing and rent-on-demand economy including renting music through Spotify, accessing movies on demand from Netflix, renting a community car (or van) from the Car Next Door and renting movies online direct from YouTube.

- [ property ownership ](https://sapience.com.au/all-tags/property-ownership)
- [ pre-retirement planning ](https://sapience.com.au/all-tags/pre-retirement-planning)
- [ renting your home ](https://sapience.com.au/all-tags/renting-your-home)
- [ 🌳 Family, Legacy & Aging ](https://sapience.com.au/insights/family-legacy-aging)
- [ 🏠 Wealth Builders & Home Finance ](https://sapience.com.au/insights/wealth-builders-home-finance)

 [ Read more … ](https://sapience.com.au/blog/living-happily-ever-after-in-a-rented-house-maybe)

1. [ Three high-stakes risks of being a Sole Trader](https://sapience.com.au/blog/three-high-stakes-risks-of-being-a-sole-trader)
2. [ The beginner's guide to thinking about setting financial goals](https://sapience.com.au/blog/the-beginners-guide-to-thinking-about-setting-financial-goals)
3. [ How to restart your financial life during a COVID pandemic](https://sapience.com.au/blog/how-to-restart-your-financial-life-during-a-covid-pandemic)
4. [ Can your family get your money back from your business if it's Director or Owner dies?](https://sapience.com.au/blog/can-your-family-get-your-money-back-from-your-business-if-its-director-or-owner-dies)
5. [ It's been a tough year… there have been some tough learnings](https://sapience.com.au/blog/its-been-a-tough-year)
6. [ Can you still get life insurance living with a mental illness diagnosis?](https://sapience.com.au/blog/can-you-still-get-life-insurance-with-mental-illness)
7. [ How to leave an inheritance to your Grandchildren, but not your adult children](https://sapience.com.au/blog/how-to-leave-an-inheritance-to-your-grandchildren-but-not-your-adult-children)

### [ Modern Small Business Leadership](https://sapience.com.au/blog/modern-small-business)

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