---
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=258"
date: "2026-06-18T08:53:36+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)

---

  [ ![A close up photo of two daffodil bulbs that have flowered while looking beautiful and golden yellow](https://sapience.com.au/images/blog/leadership/the-evolving-financial-effects-of-prostate-cancer-surgery-and-how-to-mange-this-new-risk-drewbrowne-modern-small-business.jpg) ](https://sapience.com.au/blog/modern-small-business/the-evolving-financial-effects-of-prostate-cancer-surgery-and-how-to-mange-this-new-risk "The evolving financial effects of prostate cancer surgery and how to mange this new risk") ##  [ The evolving financial effects of prostate cancer surgery and how to mange this new risk ](https://sapience.com.au/blog/modern-small-business/the-evolving-financial-effects-of-prostate-cancer-surgery-and-how-to-mange-this-new-risk)

### How business owners and investors are using the same solution to reduce their own risks

Experiencing prostate cancer has a significant impact upon a man's personal, work, and family life. The sobering fact is 1 man dies every 3 hours from prostate cancer in Australia.

- [ leadership ](https://sapience.com.au/all-tags/leadership)
- [ cancers ](https://sapience.com.au/all-tags/cancers)
- [ Modern Small Business ](https://sapience.com.au/modern-small-business-blog)
- [ 🛡️ Specialist Risk & Insurance ](https://sapience.com.au/insights/specialist-risk-insurance)

 [ Read more … ](https://sapience.com.au/blog/modern-small-business/the-evolving-financial-effects-of-prostate-cancer-surgery-and-how-to-mange-this-new-risk)

  [ ![A very close up look into wads of $100 Australian currency notes](https://sapience.com.au/images/blog/leadership/what-does-it-mean-you-have-to-spend-money-to-make-money-drew-browne-small-business-blog.jpg) ](https://sapience.com.au/blog/modern-small-business/what-does-it-mean-you-have-to-spend-money-to-make-money "What does it mean you have to spend money to make money?") ##  [ What does it mean you have to spend money to make money? ](https://sapience.com.au/blog/modern-small-business/what-does-it-mean-you-have-to-spend-money-to-make-money)

### Ask yourself and then your Accountant this one question every year

Understanding the must-haves and the nice-to-haves

As a child, I remember hearing people say ‘you have to spend money to make money’.

It was one of those comments you would always feel the need to nod in agreement with, even though what it actually meant was a complete mystery to me.

I've gotten a little older now but the reason behind that statement still escapes many small business owners today.

- [ 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)

 [ Read more … ](https://sapience.com.au/blog/modern-small-business/what-does-it-mean-you-have-to-spend-money-to-make-money)

  [ ![A horizontal line of white domino tiles standing up on their shortage at risk of falling over](https://sapience.com.au/images/blog/leadership/what-happens-when-the-dominos-begin-to-fall-in-a-business-drewbrowne-modern-small-business.jpg) ](https://sapience.com.au/blog/modern-small-business/what-happens-when-the-dominos-begin-to-fall-in-a-business "What happens when the dominos begin to fall in a business?") ##  [ What happens when the dominos begin to fall in a business? ](https://sapience.com.au/blog/modern-small-business/what-happens-when-the-dominos-begin-to-fall-in-a-business)

### A detailed insight into a business interruption event

Most business owners are focused on the day-to-day delivery of their products and services and doing the best for their customers.

Sometimes we forget to talk about the reality of business interruption and how we can prepare for those times.

- [ Modern Small Business ](https://sapience.com.au/modern-small-business-blog)
- [ 🛡️ Specialist Risk & Insurance ](https://sapience.com.au/insights/specialist-risk-insurance)
- [ 🤝 Small Business Risk & Partnership ](https://sapience.com.au/insights/small-business-risk-partnership)

 [ Read more … ](https://sapience.com.au/blog/modern-small-business/what-happens-when-the-dominos-begin-to-fall-in-a-business)

  [ ![](https://sapience.com.au/images/blog/leadership/how-much-money-does-your-business-owe-you-drewbrowne-modern-small-business.jpg) ](https://sapience.com.au/blog/modern-small-business/how-much-money-does-your-business-owe-you "How much money does your business owe you?") ##  [ How much money does your business owe you? ](https://sapience.com.au/blog/modern-small-business/how-much-money-does-your-business-owe-you)

### How much money does your business owe you? (and will it ever pay you back?)

Why seeing yourself as a shareholder is often better than an owner

People go into business predominantly for the benefit of their families and for greater personal freedom.

The core motivation for many is more around serving others and less about personal entitlement

So is it any wonder, many small business owners often slip and prioritise others to their own personal and commercial detriment - and forget to pay themselves first?

- [ leadership ](https://sapience.com.au/all-tags/leadership)
- [ Modern Small Business ](https://sapience.com.au/modern-small-business-blog)
- [ 🛡️ Specialist Risk & Insurance ](https://sapience.com.au/insights/specialist-risk-insurance)
- [ 🤝 Small Business Risk & Partnership ](https://sapience.com.au/insights/small-business-risk-partnership)

 [ Read more … ](https://sapience.com.au/blog/modern-small-business/how-much-money-does-your-business-owe-you)

  [ ![A beautiful young lady looking through clothes racks of fabric at a local farmers market](https://sapience.com.au/images/blog/leadership/the-7-personality-traits-responsible-for-85-percent-of-your-success-drewbrowne-modern-small-business.jpg) ](https://sapience.com.au/blog/modern-small-business/the-7-personality-traits-responsible-for-85-of-your-success "The 7 Personality traits responsible for 85% of your success") ##  [ The 7 Personality traits responsible for 85% of your success ](https://sapience.com.au/blog/modern-small-business/the-7-personality-traits-responsible-for-85-of-your-success)

### The importance of carrying your own baggage

Building anything of value requires change.

But when we’re talking about personality the question is, to what degree can we change our own personalities?

- [ 🌳 Family, Legacy & Aging ](https://sapience.com.au/insights/family-legacy-aging)
- [ 🤝 Small Business Risk & Partnership ](https://sapience.com.au/insights/small-business-risk-partnership)

 [ Read more … ](https://sapience.com.au/blog/modern-small-business/the-7-personality-traits-responsible-for-85-of-your-success)

  [ ![happy young boy with his bagel](https://sapience.com.au/images/blog/leadership/what-a-9-year-old-boy-taught-me-about-courage-drewbrowne-modern-small-business.jpg) ](https://sapience.com.au/blog/modern-small-business/what-a-9-year-old-boy-taught-me-about-courage "What a 9 year old boy taught me about courage") ##  [ What a 9 year old boy taught me about courage ](https://sapience.com.au/blog/modern-small-business/what-a-9-year-old-boy-taught-me-about-courage)

### What a 9-year-old boy taught me about courage

Its never comfortable

Courage has always been an interesting character trait to me and over time I’ve decided that it’s not a trait, it’s a learnable skill.

- [ 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/what-a-9-year-old-boy-taught-me-about-courage)

1. [ How to protect your business from the natural habits you don’t know you have](https://sapience.com.au/blog/modern-small-business/how-to-protect-your-business-from-the-natural-habits-you-dont-know-you-have)
2. [ 10 Strategies to improve your mental toughness](https://sapience.com.au/blog/modern-small-business/10-strategies-to-improve-your-mental-toughness)
3. [ The irritation of doing good in business](https://sapience.com.au/blog/modern-small-business/the-irritation-of-doing-good-in-business)
4. [ Want the biggest benefit for your buck? Now you're thinking like a philanthropist](https://sapience.com.au/blog/modern-small-business/want-the-biggest-benefit-for-your-buck-now-you-are-thinking-like-a-philanthropist)
5. [ If it's not on your map, you probably won't go there](https://sapience.com.au/blog/modern-small-business/if-its-not-on-your-map-you-probably-wont-go-there)
6. [ Measuring the value of a business course – when is enough learning, enough?](https://sapience.com.au/blog/modern-small-business/measuring-the-value-of-a-business-course-when-is-enough-learning-enough)
7. [ Pushy sales people, boundaries and the Crowned Prince of Nigeria](https://sapience.com.au/blog/modern-small-business/pushy-sales-people-boundaries-and-the-crowned-prince-of-nigeria)

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

 Page 44 of 49

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