You're never too old to learn some new money skills and share them with the ones you love
Each day links to relevant blog articles, downloadable resources and the occasional helpful checklist.
Here's a downloadable excel spreadsheet using the 50-30-20 percentage based budget system that many clients rave about.
If you'd like a Google Sheets version of the spreadsheet, click here and save a copy to your own Google Docs account.
You're never going to create wealth until you can learn to better budget your money.
The power's in the percentage and not just the amounts of money involved.
Because Love Makes a Family.
The majority of financial decisions involve our relationships, our family, (biological or logical) friends and people we protect and provide for.
Whether you're thinking about life insurance, deciding upon beneficiaries for your superannuation, getting your emergency support and estate planning documents sorted, use our gender neutral family tree to help map out your bigger picture, your connections and those you protect and provide for.
This year’s Budget has an emphasis on retirement planning and contains several important considerations which may affect both retirees and pre-retirees, explored further below.
Examining the statistical realities the death of a parent has on a child, and what you can do to reduce the risks.
We believe by having realistic conversations and planning for the unexpected, Australian parents can have greater certainty about the future security of their family. The good news is there are practical positive steps we can all take to be better prepared for the unexpected.
Key person protection and insurance strategies have different tax treatment depending on a number of factors including the intent of the insurance cover
If you have Key person insurance in place but haven't properly documented the reason for the cover, you may not get favourable tax treatment on its premiums or its payout.
If your current risk adviser hasn't carefully explained this, maybe you need to be working with an adviser like Sapience who helps you manage these important details better.
When you're dealing with larger companies or engaging with Government contracts, supply chain risk is at the front of their considerations.
A Capacity Statement is a recognised term for a formal document that communicates your business's capacity to deliver on your offering and provide greater comfort as you have considered and have the capacity to manage the natural business interruptions.
These can include loss of key people and expertise and loss of business partners and owners due to death or disability.
Download and modify this free template to suit your needs.
Here's a collection of short blog articles for small business from the Smallville Business Community to help kickstart your thinking.
A great collection of helpful quick read fast result articles from premium small business owners, leaders and advisors.
Our free Australian Consumer Guide to 7 Myths About Modern Estate Planning will help you prepare for a meeting with our Senior Estate Adviser (or just give you some powerful insights to share at your next BBQ with friends).
Business Partnerships are usually run by friends and colleagues that have very specific risks that need safeguarding — so the business risks don't become family risks.
Our Business People Protection Guide acknowledges the additional risk protection needs of a small business and the family that support it.
We believe protecting your business is an important part of protecting your family.
We all have risks in life and business to manage. The big ones, are best transferred away from your family and to an insurance company to carry for you.
Young families and small businesses are often their most vulnerable in the early years and need additional protection and support until they have sufficient assets and emergency savings behind them.
Growing businesses have risks that grow with them like, managing lumpy cashflow while still paying staff wages, using family homes as bank security for business debts and relying upon key individuals in the business who if sick or injured and unable to work, would cause the business to stall while they recovered or until a replacement was found.
This worksheet is a conversation starter about how to begin your thinking about these important issues before speaking with your Sapience financial adviser.
We've been working with Australian Small Business owners and families for over 18 years and believe that we all benefit from a Clearer Look at The Bigger Picture.
Our web friendly brochure is a great way to start to get to know us and whether we're you're kind of people.
Small businesses usually develop products and services that solve the meaningful problems of their market. As we move further into the digital age the productisation of services is becoming an increasingly interesting frontline. If you're in this business space you may find this conversation starter helpful.
This worksheet is a conversation starter about how to begin your thinking about this process.