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.
Explore Our Blog by Speciality
Select a speciality below to view our curated specialist insights and practical strategies.
New rules for people under 25 who have super fund balances under $6,000
Your Super rules are changing (again)
The new rules called Putting Members' Interests First start April 1st 2020.
Why is this important?
Most people automatically get a small level of Life Insurance and Total & Permanent Disablement (TPD) insurance when they join a super fund.
- From 1 April 2020, if you're under 25 (or with an account balance below $6,000) and have insurance automatically provided to you by your super fund, the insurance rules have changed.
Friends, flatmates or de facto partners - and how to tell them apart
When it comes to romance and relationships, the emotional decision about who you think is your partner, may be very different from the legal decision about who is legally considered your de facto partner.
The questions about who may be a boyfriend or girlfriend and who is a de facto become important distinctions when it comes to super payouts, life insurance payouts, and family law claims on your finances, investments and property interests.
We're all in this together
Getting better at managing our personal and business risks in our connected world
The current Coronavirus epidemic is going to affect Australian families and businesses - but perhaps not for the reason you suspect.
Australians are not new to facing risks to manage. Communities who live in areas of risk have bushfire plans, flood plans and even snow closure emergency plans.
Capacity Statement of Sapience Financial
March 2020
The outbreak of COVID-19 is impacting all of us in many different ways. It has understandably caused disruptions in the financial markets, disruptions in how people work and socialise, will have flow-on effects in businesses in means not yet envisaged and has made us worry about our family and friends.
Special Information Alert for Sapience Clients - the end of new Agreed Value Income Protection insurance
There are some very important changes coming to Income Protection Insurance that will affect those who don’t yet have appropriate cover in force by the beginning of April 2020.
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.
- How to build your personal emergency fund
- Trauma Informed Financial Advice
- Do you still have Adult Children living at home?
- Supporting the siblings of people living with a disability or chronic health condition
- Business Owners & Partners increased risks of needing to claim on a personal insurance policy
- Not running with Scissors and Credit Cards
- Help! My ageing parents have no retirement savings
