Blog
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.
Common mistakes with Employer Super Obligations
The Australian Tax Office (ATO) runs education campaigns for business owners in the services industries to help them better understand their super obligations.
These are some of the most common mistakes employers make
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. ASIC has made it very clear that compliance with Reg 4.09 is a non—negotiable requirement for SMSF Trustees.
Life can be complicated without the instructions
It's no argument this holds true for our financial and investment life too
LEGO 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.
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.
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?’
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.
- Would you prefer to talk with your teenager about sex or money?
- When two rights get it wrong in leading a team
- What to say when you don't know what to say
- Your future arrived yesterday, but it’s in three pieces
- The sensible reason why we do irrational things with money
- Good character matters in people, it matters in organisations too
- What to do when the other side has all the power and you have all the emotion
