Blog
Welcome to our Personal Finance Blog
Money bewilders most of us. How to spend it, how to 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.
We all like to think we have more control over our decisions in life than perhaps we really do -
- and this is particularly common when it comes to our personal money matters.
It's nothing new — our beliefs usually dictate how we react to life events — but what if you've forgotten your default money belief and are living and deciding on autopilot?
- The advertising industry would call that a win for advertising.
How do you feel about having money?
It's not something many people stop and consider—but there’s definitely patterns connected with personal poverty and financial chaos.
Diabetes in Australia is our fastest-growing chronic condition.
If you're a diabetic and you are wondering if you can get life insurance, you might be pleasantly surprised. For those who are newly diagnosed with diabetes, there’s a lot of misunderstanding surrounding what it means for the future.
Whether you have type 1 or type 2 diabetes, it is still possible to get cover when applying for a full underwritten policy.
Each day 280 Australians develop this disease.
- 56% are males
- 44% are females
The onset of Type 1 Diabetes mellitus (T1DM) occurs most frequently in people under 30 years, however, new research suggests almost half of all people who develop the condition are diagnosed over the age of 30.
The question every blended family wants to be answered is often 'Does a child in a blended family lose their rights to an inheritance if their step-parent dies?
A Contractual Will Agreement might provide the answer to this difficult question.
Many blended Australian families wanting greater certainty in their estate planning choose to make a Mirror Will with their spouse - effectively leaving everything to each other.
Get clear on what's at stake when you borrow with others
Understanding 'joint and severally liability loans' and what it means for you.
You might think when you take out a joint mortgage with someone else you’re only responsible for your ‘half’ or share of the loan.
Think again because this is not the case.
- By signing a mortgage contract with someone else, you’re each agreeing to pay off the whole debt if the other can’t – or won’t – pay it.
Refinancing isn’t for everyone or every financial situation.
Refinancing a mortgage can put you at a better interest rate, but still, increase your debt. Before you jump on the refinance-the-mortgage ride; so here are six occasions when it might not be right for you
Both successful people and unsuccessful people have very different patterns of thinking about money.
Not surprising I hear you say, but where do these money attitudes come from?
Is it about finding new ideas or more about losing the old ones?
LMI: the good the bad and the ugly.
Using lenders mortgage insurance (LMI) is one way to buy a property without having the 20% deposit which is typically required by most lenders.
Quick Federal Budget Summary.
The 2018-19 Federal Budget has an emphasis on retirement planning and contains several important considerations which may affect both retirees and pre-retirees, explored further below.
- New Severity Based Insurance
- How to survive a financial train wreck
- What to teach your children about money, before they are 10
- Would you prefer to talk with your teenager about sex or money?
- When is it possible to get early access to my super?
- Who gets your super and its life insurance, when you die?
- How to split expenses as a couple
