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.
Welcome to a New Year, and a New Decade 2020
Creating wealth and prosperity is extra hard work, and here’s why
Have you felt the fashionable pull to publicly commit to a New Year's Resolution?
Has your social news feed been flooded with images of bottles of Champaign, Wealth and high Fashion photos that only makes you feel isolated, or even bad about yourself?
Welcome to the annual New Year advertising splurge designed to separate you from what's left of your money, before you can really think about it.
Welcome to a new year (and a new decade). Remember old habits don't usually take us to new places.
Hopefully this year you’ve decided to set some family goals and get a little more proactive on achieving some saving goals.
One of the challenges of a busy life can be we keep our ideas and hopes about our personal money goals locked in our heads, rather than writing them down where we can see them, talk about them and maybe even ask about our progress to achieve them.
What is Trauma-Informed Financial Advice?
Sapience Financial recognises while everyone is 'going through something,' some people are going through so much more.
Trauma affects people differently and trauma-informed organisations are those who redesign their process and approach to serving their customers and supporting their team, so as to reduce and minimise the risk of re-traumatising a person by unnecessary and ill-considered business practices and customer and team interactions.
Nobody understands the impact of trauma, stigma or discrimination better than the person experiencing it.
Do you still have Adult Children living at home?
It might be cultural, it might be essential, but it shouldn't put your ability to retire at risk.
If you have Adult Children still living at home with you while you’re getting ready to retire, have you ever thought about how much money that costs and the effect it will have on your retirement savings?
Supporting the siblings of people living with a disability or chronic health condition
Today there are 2.1 million Australians of working age (15 – 64 years) who are living with a chronic illness or have a disability; from mild to profound.
So it's fair to assume there are also a lot of siblings of those same people living with a disability or chronic illness.
- We often forget that for every person with a disability, there’s probably a sibling or extended family member helping support them or who act as the financial backup for that person too.
We all have to face the statistical realities of life. But did you know there are statistical realities for business too?
The problem for business owners and professional partnerships is the concentration of people increases the risks they face and this needs to be managed.
- There are some statistics in life that you simply need to know so you can make better choices.
Most people wouldn't dream of traveling overseas without Travel Insurance to protect their luggage and their health. Nobody wants to be stranded overseas with no luggage or worse, in a foreign hospital hoping the local doctors have the right skills and medication (and sanitation standards) that are not going to put you at greater risk.
- Not running with Scissors and Credit Cards
- Help! My ageing parents have no retirement savings
- Confessions of a 13 year old loan shark
- How we think about our money dictates many of our responses to it
- Master the dark arts of using an Offset Account to reduce your mortgage
- Do you get paid Super on your overtime?
- Is defacto inheritance tax hiding in your Super payout?
