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.
At Sapience, we're all about The How.
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.
The Curse of a Post Office Will Kit
Voodoo, Gypsy Curses, Newsagency Will Kits, and other bad ideas
For as long as we’ve told stories, we’ve told stories about curses. Often, they’re punishments, occasionally they’re strictly allegorical, sometimes they are hopeful, and sometimes they’re just plain bad luck.
Mummy curses are relatively familiar to most people, followed by those more personalised ones pronounced by a Hattian Voodoo Priest. For the theatre lovers, the Shakespearean Macbeth comes to mind — so the story goes, a coven of witches objected to Shakespeare using real incantations, so they put a curse on the play — and who dare forget the curse of Tutankhamen's Tomb and of course, Indiana Jones and the Ark of the Covenant.
Help for Intended Parents and IVF Surrogates – Life Insurances timeline
Are you or a friend thinking about Growing Families through IVF? Are you considering using Altruistic Surrogacy?
Planning for an assisted pregnancy can be exciting – and overwhelming. This is a wonderful time of stress, joy, hope, more stress, and more joy. Some might say it's a compressed version of modern family life anyway.
How we defined Retirement is changing, again
The one constant in life is change; (and if you're about to retire in the next 10 years you ain't seen anything yet).
Retirement is going to come to us all whether we like it or not - and whether we’re prepared for it or not. So it makes sense to keep an eye on what's happening in that space - if not for yourself, for your ageing friends and parents.
Quick Federal Budget Summary for 2022-2023
The 2022-23 Federal Budget has a number of highlights relevant to many of our clients, friends, and supporters explored further below.
What is a Company Power of Attorney, and why every sole director of a private company needs one
Essential reading for all Company Directors
- Do you own and operate a business under a company structure?
- Are you the sole director and shareholder of your Pty Ltd. trading or operating company?
- Are you the sole director and shareholder of a company that acts as a Corporate Trustee for a Trust or a Self-Managed Super Fund (SMSF)?
If so, you need to know this…
History tells us there are some places even angels fear to tread — and for good reason.
Perhaps lending money to friends and family is one of those dangerous places.
Odds are somewhere in your family tree or circle of friends there's someone you care about who's not good with their money. They might carry multiple credit card debts, short-term loans (are probably addicted to After Pay buy-now-pay-later credit) and still somehow afford UberEATS food delivery services - when they absolutely can't get out of the house.
Eventually, they may even end up on the slippery slope to ruin, of Payday Loans.
- The reality is you can’t lend money to everyone and for the sake of maintaining your relationships, it might be best not to.
- What are the signs it's time to update my Will?
- The 'Numbers of Business' risk increases with the number of business partners
- What are the odds of you needing to claim on your personal insurance?
- Looking for a Business Partner?
- Family Loan Agreements - a Precaution not a Plan
- Federal Budget Summary 2021-22
- Three facts of modern life: Death, Taxes & Increasing Petrol Prices
