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.
Plan on leaving something to your kids when you pass away?
Each year as we review the Google web traffic to our site, we regularly see in our top 10 most-read articles our blog article called, 'How to Split an Unsplittable Inheritance'.
Clearly, there's a lot of interest in this ongoing question, particularly now as most families in Australia own property or business assets - all different assets with different values – and these are by nature usually often hard to divide equally between beneficiaries to a Will, without destroying the value of those separate assets.
Christmas Trivia Cheat Sheet 2023 (optimised for discrete reading on your mobile device during a Christmas Trivia Battle!)
It's beginning to look a lot like that time of year when you're sometimes stuck for conversation starters and trivia answers at the Christmas BBQ with family and friends.
Here's 31 of the Best Christmas Trivia questions and answers to have up your sleeve for 2023.
It is a tough year for SMSF Auditors (and it is only going to get tougher)
And like all big legislative changes, as we see the compliance workload increase, so will the associated costs to audit and advise an SMSF increase too.
Two recent legal cases, Cam & Bear and Ryan Wealth Holdings, not only highlight the growing risks to SMSF Auditors, they're also warnings to professional advisers, planners, accountants and lawyers.
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.
- Hot Chips, Seagulls, Relatives and the Tax Office
- Only Owning Half the Business Pie
- Six Questions to ask yourself before you buy Crypto
- 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)
