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.
When is an inheritance tax not called inheritance tax?
When it's a super death payment tax of course!
Like to know more? Well, you should because this tax problem has special meaning for people with super, and adult children of people with super.
If you plan on leaving your superannuation to your now adult kids when you pass away, there's a strong possibility your super death benefit payout will be hit with tax.
Want to know if you'll be financially comfortable in retirement?
Well, first you need to have a standard of what's comfortable and what's, well ... a modest standard of living.
Thankfully, an annual assessment run by the Association of Superannuation Funds of Australia (ASAF) can help you start thinking about what you want to achieve in your retirement.
Then we can help you get there.
Getting money out of super early on compassionate grounds
Many people are unsure about whether they could get early access to some of their superannuation funds.
While this is a very complicated task (and perhaps the stuff of urban legend) it's worth setting the story straight; so you know where you stand with your super.
Did you know you can now claim a tax deduction for making a personal contribution to your super?
Previously, most Employees were excluded from claiming a tax deduction for their personal contributions to super.
How do you compare home loans so you find what's right for you?
That's often the $64,000 question we're asked by our clients.
So here are six keys to start your thinking.
In 2019 new NSW Tenancy Laws supporting victims of domestic violence living in a rented property came into effect.
If you live in rented accommodation and have been affected by domestic and family violence, you need to know there are new Tenancy Laws to help protect the victims of domestic violence.
These new laws have implications for property managers, property renters and investment property owners alike.
- Tips for when you’re looking to buy strata residential property
- What do you have to do as an Executor of a Will?
- 8 Things couples can do to talk about money better
- How to begin talking about money with your partner
- Five key mistakes people make with Powers of Attorney
- What happens when you're deemed too old for a home loan?
- Get to know your New Credit Card Laws
