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.
The Diabetes Dilemma
Did you know the fastest growing chronic health condition in Australia, can be prevented?
November 14 is World Diabetes Day and we believe that everyone needs to better understand this growing health condition.
Want to save for your first home? Struggling to resist the urge to dip into your savings meant for that elusive first home deposit? You're not alone!
Many aspiring Australian homeowners face this dilemma; but fear not, there's a little-known government initiative called the First Home Super Saver (FHSS) scheme that could be your saving grace.
Let's dive into the fundamentals of how this scheme works and how it might help you secure your first home deposit, faster.
What happens when your SMSF can't pay its bills?
Failing to meet the financial obligations of a self managed super fund (SMSF) can trigger an unintended domino effect of financial problems, that could be impossible to stop.
Will you inherit someone's super after they die?
Nobody ever wants to pay more tax than necessary. Hidden taxes seem to be everywhere, for the unaware. Even when you die, like a seagull swooping on a hot chip, the tax office will be quick to intervene and take a cut of your super death benefit, if you aren’t careful.
It pays to understand what you can do to reduce the stress (and the tax) at this difficult time.
What do you mean I have to buy back half my business?
It’s hardly surprising that all business owners struggle with the notion of how long we will be in business.
It can be an even greater struggle thinking we might actually be forced to leave, walk away or retire from being in business.
Welcome to the Wild Wild West of Crypto Currency
The world of digital assets (also known as crypto-assets) broadly refers to — cryptocurrencies, coins or tokens. These exist in the new intangible digital world and usually have no physical assets backing them, and as such you rely upon a digital assignment of value and the right of ownership.
They digitally represent your ownership of a value or rights to something and they're usually not backed by physical assets.
That said, digital assets are here to stay, but where do they fit in your digital life, and your financial life? While you can buy digital assets, investing in them brings a whole new conversation - and nobody wants to ask, 'What happens to your money if something goes wrong?'
- Planning for Future School Fees (and adult education)
- Newly diagnosed with diabetes and needing to get your Income Protection in place?
- Why wealthy people still use Life Insurances
- The problem of Becoming Uninsurable (and the Ken & Barbie lifestyle of denial)
- Federal Budget Summary 2023-24
- Will you be caught in business with your former partner's spouse?
- How to Protect your Family, from your Business
