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.
Selling half-truths to whole questions
In our connected world of 30 second sound bites and increasingly shortening attention spans, it's difficult to think that some things can't be explained in a tweet and require more discussion. But sadly that doesn't stop some people from trying to sell half an answer to a whole question and expecting nobody to notice.
Perhaps the only thing that makes a half-truth more dangerous is the fact it makes the half-lie more convincing.
Do you have to be brave or be safe?
The Snakes and Ladders board game has been a traditional favourite for thousands of years. Like all good board games played with dice and others, it’s a game of chance.
Budgeting for Big Picture People
It's not the amount, it’s the percentages that count
There are some numbers in life you should always remember. Your PIN numbers, your spouse's birthday, (maybe your mother-in-law's birthday), the number of children you have, their birthdays, and quite possibly the annual date for the football grand final.
The new problem of liking working from home (WFH)
When it comes to building robots that look uncannily similar to humans in facial appearance, the end result usually makes even the most stoic of people uncomfortable, and simply creeps us out. Our sense of being uniquely human is core to our understanding of self, our personal autonomy and our sense of innate value.
Robots purposely made to look a little too human, seem to violate that sensibility.
Understanding the psychology of making good decisions
Ask many men ‘how they are feeling’ and they'll tell you ‘how they are thinking’ - because they don't understand the question.
The problem we face traditionally as men is, ‘How you think determines how you make decisions, so what determines how you think has a more direct and measurable impact upon your business then you may first, well, ‘Think’.
So how do we improve the quality and speed of the decisions we’re making every day, while decreasing decision overload? How do we know if we’re building the right service or product? – Such questions fundamentally come down to the quality of our decisions.
Surprise: Small Businesses are not just small corporations
Modern Small Businesses are not miniature versions of big business or large corporate organisations. And using the 'C word' in small business never gets you very far in the right direction.
Trying to apply the dysfunctional processes and slow responding mindsets of corporates to a Modern Small Business doesn’t work.
So how relevant is Corporate Social Responsibility (CSR) to Small Businesses?
- Purpose isn’t everything, but it beats everything else
- Patronus spells and the growing awareness nobody is coming to rescue you
- 10 Habits to make personal growth automatic
- ATO revises advice fee tax deductible rules
- Payday Super changes pending
- Minimum wages increase from 1 July 2024
- New tax on people who have more than $3m in their Superannuation?
