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Welcome to our Personal Finance Blog
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.
The Unwritten Chapter: Options for Your Life Insurance Policy when you're living with a really, long term life threatening illness
When you're diagnosed with a chronic illness, your world shifts. Amid the emotional upheaval and the unexpected costs of budgeting for the costs of the new medical realities, the last thing you need is another source of stress. But for some, that's what their life insurance policy becomes: a monthly bill you wonder should you continue to pay, in a future that's now less predictable?
What do you legally need to do when you end a de facto relationship?
Have you found yourself single again? Have you recently ended a de facto relationship and are wondering, 'Well, what next?" Love, Life and Business are complicated (and often interconnected), so the process of 'decoupling' can take a while.
Navigating the aftermath of a de facto separation is one of life's most challenging experiences. For most folks who have never formally registered their de facto relationship status, this means there is also no form to complete, to 'unregister your relationship,' informing the world of your change in relationship status.
The #1 Thing You Must Have in Your Will to Protect Your Kids' Inheritance
It's an uncomfortable part of life to think about - the growing risk of future personal Bankruptcy — affecting one of your family members — a future beneficiary in your Will. In our an increasingly interconnected financial world, bankruptcy is often triggered by factors outside an individual's control. People in business can find themselves caught up in a surprise sequence of falling dominoes that simple overwhelmed them and bankruptcy is the only commercial way out.
And while this is not something you expect for a family member, it's certainly something you can plan for, just in case, so a surprise bankruptcy does not erode their future inheritance.
So your adult children think they automatically stand to inherit your super if you pass away? It's time to think again.
Many people think their super automatically goes to their loved ones tax-free when they pass away; but it’s not that simple.
Superannuation laws in Australia are often more restrictive than most people realise. Family members who are no longer financially dependent on you may even be forced to pay tax on any super monies they receive.
Have you ever wondered how many times you can claim on a personal insurance policy?
When you take out a personal insurance policy through Sapience Financial, whether it's to protect your life, your income, or a serious illness – you're doing so with the peace of mind it will be there for you if you need to make a claim.
But have you ever wondered what happens after a claim is paid? Does your policy simply vanish, or can it continue to offer protection?
Getting Life insurance while living with Sleep Apnea
Sleep Apnea is a condition where your breathing stops and starts while you sleep. In Australia, an estimated 5% of the population has sleep apnoea, translating into approximately 1 in 20 Australians being affected.
While sleep apnea isn't usually classed as a life-threatening condition, it’s seen as a pre-existing health condition and so requires some additional information when you're applying for life insurance or disability insurance, so the underwriter can better understand what you're living with.
- How to Appoint your Own Medical Decision Maker - your Person Responsible
- Surgery Prep? The Financial & Estate Planning Checklist You Need To Know
- Can your Mistress (or Gay Lover) claim an inheritance from your estate?
- Living with MS? Exploring Your Life Insurance Possibilities
- Federal Budget Summary 2025-26
- Owning Overseas Assets and making an Australian Will document
- Gifts, Loans and Debt Forgiveness
