# Blog ### Welcome to our Personal Finance Blog ![Pic of Senior Advisor Drew Browne](https://mail.sapience.com.au/images/author-pic/ceo-drew-browne-round.png) 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. [🧠 Evolutionary Finance](https://mail.sapience.com.au/insights/evolutionary-finance) [🌳 Family, Legacy & Aging](https://mail.sapience.com.au/insights/family-legacy-aging) [⚖️ Estate Law & Succession Planning](https://mail.sapience.com.au/insights/estate-law-succession) [🛡️ Specialist Risk & Insurance](https://mail.sapience.com.au/insights/specialist-risk-insurance) [🤝 Small Business Risk & Partnership](https://mail.sapience.com.au/insights/small-business-risk-partnership) [🌍 Social Leadership & Conscious Business](https://mail.sapience.com.au/insights/social-leadership-conscious-business) [🏠 Wealth Builders & Home Finance](https://mail.sapience.com.au/insights/wealth-builders-home-finance) [📰 Sapience General Archive](https://mail.sapience.com.au/insights/sapience-general-archive) ![Not made by AI sapience financial](https://mail.sapience.com.au/images/icons/not-made-by-AI-sapience-financial-black.png) --- [ ![man hugging girl standing in water](https://mail.sapience.com.au/images/blog/intro-who-is-my-superannuation-benificiary-sapience-financial.jpg) ](https://mail.sapience.com.au/blog/who-is-my-superannuation-beneficiary "Who is your super beneficiary?") ## [ Who is your super beneficiary? ](https://mail.sapience.com.au/blog/who-is-my-superannuation-beneficiary) --- ### Who's your super beneficiary? With superannuation now becoming a compulsory part of life, many people soon find they have significant amounts in their super growing at 9.5% per year - the [minimum compulsory amount](https://www.ato.gov.au/Calculators-and-tools/Super-guarantee-contributions/) all employers are required to withhold from your income and deposit into your super account, for your retirement. In reality, if you passed away today, the value of your super account could be significantly higher because of a ‘hidden’ life insurance component. - [ super ](https://mail.sapience.com.au/all-tags/super) - [ family provision ](https://mail.sapience.com.au/all-tags/family-provision) - [ nominated benificiary ](https://mail.sapience.com.au/beneficiary) - [ 🏠 Wealth Builders & Home Finance ](https://mail.sapience.com.au/insights/wealth-builders-home-finance) [ Read more … ](https://mail.sapience.com.au/blog/who-is-my-superannuation-beneficiary) [ ![](https://mail.sapience.com.au/images/blog/intro-status-money-beliefs-sapience-financial.jpg) ](https://mail.sapience.com.au/blog/status-money-beliefs "What happens if you unconsciously equate money with Status?") ## [ What happens if you unconsciously equate money with Status? ](https://mail.sapience.com.au/blog/status-money-beliefs) --- ### Are you still living up to your parent's expectations of your own money? Below are four questions we ask our clients to help them consider could their adult relationship with money today, be unconsciously influenced by their parent's money attitudes from childhood. - [ moneyisms ](https://mail.sapience.com.au/all-tags/moneyisms) - [ money talk ](https://mail.sapience.com.au/all-tags/money-talk) - [ saving and investing ](https://mail.sapience.com.au/all-tags/saving-and-investing) - [ mindset ](https://mail.sapience.com.au/all-tags/mindset) - [ money culture ](https://mail.sapience.com.au/all-tags/money-culture) - [ 🏠 Wealth Builders & Home Finance ](https://mail.sapience.com.au/insights/wealth-builders-home-finance) [ Read more … ](https://mail.sapience.com.au/blog/status-money-beliefs) [ ![selfie photo of man looking at camera with idolised moneyism icon behind them](https://mail.sapience.com.au/images/blog/intro-idolised-money-beliefs-sapience-financial.jpg) ](https://mail.sapience.com.au/blog/idolise-money-beliefs "What happens if you unconsciously idolise money?") ## [ What happens if you unconsciously idolise money? ](https://mail.sapience.com.au/blog/idolise-money-beliefs) --- ### We all like to think we have more control over our decisions in life than perhaps we really do \- and this is particularly common when it comes to our personal money matters. It's nothing new — our beliefs usually dictate how we react to life events — but what if you've forgotten your default money belief and are living and deciding on autopilot? - The advertising industry would call that a win for advertising. - [ moneyisms ](https://mail.sapience.com.au/all-tags/moneyisms) - [ saving and investing ](https://mail.sapience.com.au/all-tags/saving-and-investing) - [ mindset ](https://mail.sapience.com.au/all-tags/mindset) - [ 🧠 Evolutionary Finance ](https://mail.sapience.com.au/insights/evolutionary-finance) - [ 🏠 Wealth Builders & Home Finance ](https://mail.sapience.com.au/insights/wealth-builders-home-finance) [ Read more … ](https://mail.sapience.com.au/blog/idolise-money-beliefs) [ ![female selfie with avoidant moneyisms icon](https://mail.sapience.com.au/images/intro-avoidant-money-beliefs-sapience-financial.jpg) ](https://mail.sapience.com.au/blog/avoidant-money-beliefs "What happens if you unconsciously Avoid money?") ## [ What happens if you unconsciously Avoid money? ](https://mail.sapience.com.au/blog/avoidant-money-beliefs) --- ### How do you feel about having money? ### It's not something many people stop and consider—but there’s definitely patterns connected with personal poverty and financial chaos. - [ moneyisms ](https://mail.sapience.com.au/all-tags/moneyisms) - [ 🏠 Wealth Builders & Home Finance ](https://mail.sapience.com.au/insights/wealth-builders-home-finance) [ Read more … ](https://mail.sapience.com.au/blog/avoidant-money-beliefs) [ ![stack of processes salt crackers, high in processes sugar](https://mail.sapience.com.au/images/blog/intro-can-a-person-with-diabetes-get-life-insurance-sapience-financial.jpg) ](https://mail.sapience.com.au/blog/can-a-person-with-diabetes-get-life-insurance "Can a person with diabetes get life insurance?") ## [ Can a person with diabetes get life insurance? ](https://mail.sapience.com.au/blog/can-a-person-with-diabetes-get-life-insurance) --- ### Diabetes in Australia is our fastest-growing chronic condition. If you're a person living with a diabetes diagnosis and you're wondering if you can get life insurance, you might be pleasantly surprised. For those who are[ newly diagnosed with diabetes](https://mail.sapience.com.au/index.php?option=com_content&view=article&id=595:newly-diagnosed-with-diabetes-and-needing-to-get-your-income-protection-in-place&catid=83:blog), there’s a lot of misunderstanding surrounding what it means for the future. Whether you have type 1 or type 2 diabetes, it **is still possible to get cover** when applying for a full underwritten policy. ### Each day 280 Australians develop this disease. - 56% are males - 44% are females - [ family health & safety ](https://mail.sapience.com.au/all-tags/family-health-safety) - [ crisis & trauma recovery insurance ](https://mail.sapience.com.au/all-tags/crisis-trauma-recovery-insurance) - [ diabetes ](https://mail.sapience.com.au/all-tags/diabetes) - [ life isurance ](https://mail.sapience.com.au/all-tags/life-isurance) - [ 🛡️ Specialist Risk & Insurance ](https://mail.sapience.com.au/insights/specialist-risk-insurance) [ Read more … ](https://mail.sapience.com.au/blog/can-a-person-with-diabetes-get-life-insurance) [ ![](https://mail.sapience.com.au/images/blog/intro-when-young-families-lose-a-parent-sapience-financial.jpg) ](https://mail.sapience.com.au/blog/when-young-families-lose-a-parent "When young families lose a parent") ## [ When young families lose a parent ](https://mail.sapience.com.au/blog/when-young-families-lose-a-parent) --- ### The long-term effect of grief over the loss of a family member. ### A recent report about *Millennials and Generation X’ers who lost a parent while growing* up confirmed what most people already suspected - the impact of the loss lasts a lifetime. A third of those surveyed said, ‘I've never really gotten over my loss’. - [ ⚖️ Estate Law & Succession Planning ](https://mail.sapience.com.au/insights/estate-law-succession) - [ 🛡️ Specialist Risk & Insurance ](https://mail.sapience.com.au/insights/specialist-risk-insurance) [ Read more … ](https://mail.sapience.com.au/blog/when-young-families-lose-a-parent) 1. [ The question every blended family wants answered (but never asks)](https://mail.sapience.com.au/blog/the-question-every-blended-family-wants-answered-but-never-asks) 2. [ What's really at stake when you borrow with others?](https://mail.sapience.com.au/blog/whats-really-at-stake-when-you-borrow-with-others) 3. [ Think before you refinance the mortgage](https://mail.sapience.com.au/blog/think-before-you-refinance-the-mortgage) 4. [ Moneyisms](https://mail.sapience.com.au/blog/moneyisms) 5. [ Understanding lenders mortgage insurance](https://mail.sapience.com.au/blog/understanding-lenders-mortgage-insurance) 6. [ Federal Budget Summary 2018-19](https://mail.sapience.com.au/blog/federal-budget-summary-2018-19) 7. [ New Severity Based Insurance](https://mail.sapience.com.au/blog/new-severity-based-insurance) ### [ Modern Small Business Leadership](https://mail.sapience.com.au/blog/modern-small-business) Page 29 of 49