---
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=234"
date: "2026-06-16T04:57:03+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)

---

  [ ![](https://sapience.com.au/images/blog/interview-microphone.jpg) ](https://sapience.com.au/blog/smsf-and-liquidity-risks "SMSF and Liquidity Risks") ##  [ SMSF and Liquidity Risks ](https://sapience.com.au/blog/smsf-and-liquidity-risks)

---

### Important Video Interview about new liabilities for SMSF Trustees

### An interview with David Glenn Special Legal Counsel TAL Insurance and Drew Browne Senior Advisor at Sapience about the new and important issue facing Self Managed Super Fund (SMSF) Trustees

#### *Important update for SMSF Trustees*

In August 2012, the Australian Government made an amendment to the [SIS Act in Regulation 4.09](http://www.austlii.edu.au/au/legis/cth/consol_reg/sir1994582/s4.09.html). ASIC has made it very clear that compliance with Reg 4.09 is a non—negotiable requirement for SMSF Trustees.

- [ SMSF ](https://sapience.com.au/smsf)
- [ life insurance benificiaries ](https://sapience.com.au/all-tags/life-insurance-benificiaries)
- [ SMSF liquidity ](https://sapience.com.au/smsf-liquidity)
- [ risk education videos ](https://sapience.com.au/all-tags/risk-education-videos)
- [ video transcript ](https://sapience.com.au/all-tags/video-transcript)
- [ 🏠 Wealth Builders & Home Finance ](https://sapience.com.au/insights/wealth-builders-home-finance)

 [ Read more … ](https://sapience.com.au/blog/smsf-and-liquidity-risks)

  [ ![](https://sapience.com.au/images/blog/intro-life-is-complicated-without-the-instructions-sapience-financial.jpg) ](https://sapience.com.au/blog/life-is-complicated-without-the-instructions "Life is complicated without the instructions") ##  [ Life is complicated without the instructions ](https://sapience.com.au/blog/life-is-complicated-without-the-instructions)

---

### Life can be complicated without the instructions

It's no argument this holds true for our financial and investment life too

[LEGO](https://en.wikipedia.org/wiki/The_Lego_Group) building blocks have always been part of happy memories for so many of our clients (apart from stepping on a piece accidentally late at night getting for a glass of water). Many people don't realise they initially were made of wood with the plastic extrusion versions only beginning in 1947.

- [ LEGO Fun ](https://sapience.com.au/all-tags/lego-fun)
- [ 📰 Sapience General Archive ](https://sapience.com.au/insights/sapience-general-archive)

 [ Read more … ](https://sapience.com.au/blog/life-is-complicated-without-the-instructions)

  [ ![An intricately handcrafted chess board made of elevated blocks of wood](https://sapience.com.au/images/blog/leadership/the-biggest-risk-in-small-business-is-also-the-most-manageable-drewbrowne-modern-small-business.jpg) ](https://sapience.com.au/blog/modern-small-business/the-biggest-risk-in-small-business-is-also-the-most-manageable "The biggest risk in small business is also the most manageable") ##  [ The biggest risk in small business is also the most manageable ](https://sapience.com.au/blog/modern-small-business/the-biggest-risk-in-small-business-is-also-the-most-manageable)

### We don’t always talk about what we should. What's your backup plan?

Talking about what would happen to your business if an owner or key person suffered a serious illness or even died from a stroke, is not the usual topic of conversation around the BBQ with mates. But we do talk about what would happen if the shop burnt down, the computers were stolen or if the roof was ripped off by a storm and the warehouse flooded.

- [ 🤝 Small Business Risk & Partnership ](https://sapience.com.au/insights/small-business-risk-partnership)

 [ Read more … ](https://sapience.com.au/blog/modern-small-business/the-biggest-risk-in-small-business-is-also-the-most-manageable)

  [ ![A happy and contented couple sitting on the couch while one of them cheques the mobile device](https://sapience.com.au/images/blog/leadership/your-customer-will-only-really-remember-how-you-made-them-feel-drewbrowne-modern-small-business-blog.jpg) ](https://sapience.com.au/blog/modern-small-business/your-customer-will-only-really-remember-how-you-made-them-feel "Your customer will only really remember how you made them feel") ##  [ Your customer will only really remember how you made them feel ](https://sapience.com.au/blog/modern-small-business/your-customer-will-only-really-remember-how-you-made-them-feel)

### I’d pay for that

We all want to know the answer.

But we all fear the reality of the answer.

**‘What do you do when a customer no longer sees the value you create or the uniqueness of your product or service?’**

- [ leadership ](https://sapience.com.au/all-tags/leadership)
- [ Modern Small Business ](https://sapience.com.au/modern-small-business-blog)
- [ 🤝 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)

 [ Read more … ](https://sapience.com.au/blog/modern-small-business/your-customer-will-only-really-remember-how-you-made-them-feel)

  [ ![A top down photo of a descending spiral staircase crafted in fine wood](https://sapience.com.au/images/blog/leadership/the-default-settings-are-not-safe-for-business-owners-drewbrowne-modern-small-business.jpg) ](https://sapience.com.au/blog/modern-small-business/default-settings-are-not-safe-for-business-owners "Default settings are not safe for business owners") ##  [ Default settings are not safe for business owners ](https://sapience.com.au/blog/modern-small-business/default-settings-are-not-safe-for-business-owners)

### Walking the path of least resistance?

Most electronic devices come with default settings already preconfigured.

They’re designed to suit the average person and provide a basic level of functionality so you can use the device in your normal life.

But there’s so much more you can do if you change these settings.

The problem is most people don't know what the default settings are. They abdicate their experience of life to what was pre-set for them - by expectation, culture or experience or perceived opportunity – not what could be.

- [ 🤝 Small Business Risk & Partnership ](https://sapience.com.au/insights/small-business-risk-partnership)

 [ Read more … ](https://sapience.com.au/blog/modern-small-business/default-settings-are-not-safe-for-business-owners)

  [ ![a shapely lady with an expensive red purse](https://sapience.com.au/images/blog/leadership/would-you-prefer-to-talk-with-your-teenager-about-sex-or-money-drewbrowne-modern-small-business-blog.jpg) ](https://sapience.com.au/blog/modern-small-business/would-you-prefer-to-talk-with-your-teenager-about-sex-or-money "Would you prefer to talk with your teenager about sex or money?") ##  [ Would you prefer to talk with your teenager about sex or money? ](https://sapience.com.au/blog/modern-small-business/would-you-prefer-to-talk-with-your-teenager-about-sex-or-money)

### Who is Kim Kardashian and what is she teaching my kids about sex, money, and fancy handbags?

So have you had ‘the talk’ with your teenagers yet?

- [ leadership ](https://sapience.com.au/all-tags/leadership)
- [ Modern Small Business ](https://sapience.com.au/modern-small-business-blog)
- [ 🌳 Family, Legacy & Aging ](https://sapience.com.au/insights/family-legacy-aging)

 [ Read more … ](https://sapience.com.au/blog/modern-small-business/would-you-prefer-to-talk-with-your-teenager-about-sex-or-money)

1. [ When two rights get it wrong in leading a team](https://sapience.com.au/blog/modern-small-business/when-two-rights-get-it-wrong-in-leading-a-team)
2. [ What to say when you don't know what to say](https://sapience.com.au/blog/modern-small-business/what-to-say-when-you-dont-know-what-to-say)
3. [ Your future arrived yesterday, but it’s in three pieces](https://sapience.com.au/blog/modern-small-business/your-future-arrived-yesterday-but-its-in-three-pieces)
4. [ The sensible reason why we do irrational things with money](https://sapience.com.au/blog/modern-small-business/the-sensible-reason-why-we-do-irrational-things-with-money)
5. [ Good character matters in people, it matters in organisations too](https://sapience.com.au/blog/modern-small-business/good-character-matters-in-people-it-matters-in-organisations-too)
6. [ What to do when the other side has all the power and you have all the emotion](https://sapience.com.au/blog/modern-small-business/what-to-do-when-the-other-side-has-all-the-power-and-you-have-all-the-emotion)
7. [ Ask the hard questions early in business](https://sapience.com.au/blog/modern-small-business/ask-the-hard-questions-early-in-business)

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

 Page 40 of 49

## Schema

```json
{
    "@context": "https://schema.org",
    "@type": "BreadcrumbList",
    "itemListElement": [
        {
            "@type": "ListItem",
            "position": 1,
            "name": "Home |",
            "item": "https://sapience.com.au"
        },
        {
            "@type": "ListItem",
            "position": 2,
            "name": "Blogs",
            "item": "https://sapience.com.au/blog"
        }
    ]
}
```