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.
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.
At Sapience, we're all about The How.
"And to my family I bequeath all my worldly goods and chattels ..."
One of the most popular questions asked about making a Will document is, ‘Can I leave a specific gift, to one person and the remainder of my estate to be split equally between the remaining beneficiaries?’
To our Sapience Clients & Suppliers
In the first week of September, we're starting with a New AFSL Licensee to serve you better.
A simple question for Business Owners and SMSF Trustees
Do you run a business under a company structure? Are you the sole director or shareholder? Perhaps you're the sole director and shareholder of a company acting as a Corporate Trustee for a Self-Managed Super Fund (SMSF)?
If you have answered 'Yes' to either of these questions, chances are, you absolutely need a Company Power of Attorney.
Accidents happen - everywhere
The latest injury statistics are in; and they’re a stark reminder accidents can happen anywhere.
As most serious accidents are now less likely to happen at work, it's even more important to have your own disability insurance policy and income protection, in place to cover you at home.
Quick Federal Budget Summary for 2024-2025
The 2024-25 Federal Budget has a number of highlights relevant to many of our clients, friends, and supporters explored further below.
Here are some important things about taxes and retirement savings from the Budget that can help people and businesses plan their finances.
The risks of getting shown the Red Card as an SMSF Trustee
In soccer, a player who is shown a red card is instantly sent off the field, disqualified from playing for the remainder of the match and cannot be replaced. The red card is issued for serious offences, violent conduct, dangerous play, and any action that brings the game into disrepute.
But in the world of SMSF, a red card from the regulator, the ATO, is much more painful and can be a permanent ban on a person ever being able to be the Trustee of their SMSF.
- What happens to my government HECS or HELP Debt if I die?
- Plan on leaving a meaningful inheritance, not a nightmare
- Test your Christmas Trivia Skills in 2023!
- Challenges mount for SMSF Auditors: A Tough Year Turns Tougher Ahead
- Everyone needs to know more about Diabetes
- Save your First Home Deposit Faster with the First Home Super Saver Scheme (FHSS)
- Getting control of SMSF Liquidity Risk
