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.
Some things in life affect us all equally—regardless of who we are
These things aren't personal - actually, they're just statistical.
These numbers and what they warn us about are the same for everyone without discrimination.
In the perfect world, everyone will have enough money to be able to purchase the right amount of personal insurance they need to make sure every part of their life is protected from the statistical realities we all face - we call these statistical risks The Numbers of Life.
Looking for a partner for fun times, financially secure, and broad-minded? (a Business partner that is?)
Perhaps because of the uncertain business climate or the rise of the Gig Economy, more people are deciding to pool their talents and go into business together.
This can take the form of a formal written agreement to work together, or an informal arrangement to work independently but support and preference each other's independent businesses by referring work to each other.
Are you thinking about whether to provide a large amount of money to a family member?
Providing money for family members for a home loan deposit or an aged care accommodation bond is increasingly becoming a part of many people's lives.
But how do you protect the Giver and the Receiver from the unintended consequences of these decisions?
The answer is with a legally drafted and documented Family Loan Agreement.
Quick Federal Budget Summary for 2021-2022
The 2021-22 Federal Budget has a number of highlights relevant to many of our clients, friends, and supporters explored further below.
What does life look like if petrol hits $3 per litre?
The latest financial stressor for families and businesses as we face the new normal in 2022 is runaway fuel prices.
But this recent price rise at the petrol bowser might have a very different long term effect for us all.
Has Flooding & Extreme weather affected you or your family this year?
If the last two years have taught us anything, it’s that anything can happen, it usually does - and we all do better knowing we have a backup plan in place.
- Is it time for you to get more money into your super fund?
- Helping adult children become financially independent is harder than you think
- Australian Company Directors now need a Directors ID Number
- COVID-19 & Life Insurances FAQs
- When your child asks about money
- Adaptability: the underrated skill for living a bigger financial life
- Are you prepared for the cost of surviving cancer?
