--- title: "Blogs - Sapience Financial" description: "Our Financial Blog is for people who want to grow and remain wealthy. While the journey toward wealth is clearly marked, you do have to be looking in the right direction." url: "https://mail.sapience.com.au/blog?start=24" date: "2026-06-15T17:59:34+00:00" language: "en-GB" --- # 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) --- [ ![a middle aged women looking at the rental statement](https://mail.sapience.com.au/images/blog/intro-the-unseen-retirement-crisis-why-your-home-is-more-than-just-a-roof-over-your-head-sapience-financial.jpg) ](https://mail.sapience.com.au/blog/the-unseen-retirement-crisis-why-your-home-is-more-than-just-a-roof-over-your-head "The Unseen Retirement Crisis: Why Your Home is More Than Just a Roof Over Your Head") ## [ The Unseen Retirement Crisis: Why Your Home is More Than Just a Roof Over Your Head ](https://mail.sapience.com.au/blog/the-unseen-retirement-crisis-why-your-home-is-more-than-just-a-roof-over-your-head) --- ### Your Biggest Retirement Asset Isn't Your Super. Are You Protecting It? Here is a warning from The **Grattan Institute** 2025 report - *Renting in Retirement report: Why Rent Assistance Needs to Rise*. "Most retirees who rent, live in poverty, including more than three and four single women, and this problem is set to get worse… few Australians who rent are saving enough to cover the cost of renting in retirement. As a result, today’s low income renters are likely to become tomorrow struggling renters in retirement…’ - Grattan Institute. - [ total & permanent disability (TPD) ](https://mail.sapience.com.au/all-tags/total-permanent-disability-tpd) - [ inheritance management ](https://mail.sapience.com.au/all-tags/inheritance-management) - [ Housing affordability ](https://mail.sapience.com.au/all-tags/housing-affordability) - [ 🏠 Wealth Builders & Home Finance ](https://mail.sapience.com.au/insights/wealth-builders-home-finance) [ Read more … ](https://mail.sapience.com.au/blog/the-unseen-retirement-crisis-why-your-home-is-more-than-just-a-roof-over-your-head) [ ![flow chart about SMSF-regulation-4.09-SIS-act](https://sapience.com.au/images/blog/intro-SMSF-regulation-4.09-SIS-act-sapience-financial.jpg) ](https://mail.sapience.com.au/blog/the-19800-dollar-fine-smsf-trustees-must-avoid "The $19,800 Fine SMSF Trustees Must Avoid") ## [ The $19,800 Fine SMSF Trustees Must Avoid ](https://mail.sapience.com.au/blog/the-19800-dollar-fine-smsf-trustees-must-avoid) --- ### Avoid a Fire Sale: Solving Liquidity in Your SMSF Without liquidity insurance, the biggest threat to your family's financial future isn't a market crash, but a forced fire sale of your most valuable assets in your SMSF. - [ SMSF ](https://mail.sapience.com.au/smsf) - [ SMSF liquidity ](https://mail.sapience.com.au/smsf-liquidity) - [ SMSF audit ](https://mail.sapience.com.au/all-tags/smsf-audit) - [ SMSF investment strategy ](https://mail.sapience.com.au/all-tags/smsf-investment-strategy) - [ 🏠 Wealth Builders & Home Finance ](https://mail.sapience.com.au/insights/wealth-builders-home-finance) [ Read more … ](https://mail.sapience.com.au/blog/the-19800-dollar-fine-smsf-trustees-must-avoid) [ ![happy step family and their grumpy cat](https://mail.sapience.com.au/images/blog/intro-dont-let-the-law-define-your-family-a-guide-to-wills-for-step-parents-and-beyond-sapience-financial.jpg) ](https://mail.sapience.com.au/blog/dont-let-the-law-define-your-family-a-guide-to-wills-for-step-parents-and-beyond "Don't Let the Law Define Your Family: A Guide to Wills for Step-Parents and Beyond") ## [ Don't Let the Law Define Your Family: A Guide to Wills for Step-Parents and Beyond ](https://mail.sapience.com.au/blog/dont-let-the-law-define-your-family-a-guide-to-wills-for-step-parents-and-beyond) --- ### A Question of Blood: The Unseen Disinheritance of Australian Step-Children Who counts as family to you? Is it more logical than biological? If you don't yet have a Will document in place, you're going to want to read this. - [ blended families ](https://mail.sapience.com.au/all-tags/blended-families) - [ inheritance management ](https://mail.sapience.com.au/all-tags/inheritance-management) - [ ⚖️ Estate Law & Succession Planning ](https://mail.sapience.com.au/insights/estate-law-succession) [ Read more … ](https://mail.sapience.com.au/blog/dont-let-the-law-define-your-family-a-guide-to-wills-for-step-parents-and-beyond) [ ![proud father looking at a photo of this young son displayed on a mobile phone surrounded in a protective white light with the words family secured](https://mail.sapience.com.au/images/blog/intro-the-millionaire-myth-and-how-to-create-an-automatic-inheritance-for-the-people-you-love-no-lottery-win-required-sapience-financial.jpg) ](https://mail.sapience.com.au/blog/the-millionaire-myth-and-how-to-create-an-immediate-inheritance-for-the-people-you-love-no-lottery-win-required "The Millionaire Myth and How to Create an Immediate Inheritance for the People You Love (No Lottery Win Required)") ## [ The Millionaire Myth and How to Create an Immediate Inheritance for the People You Love (No Lottery Win Required) ](https://mail.sapience.com.au/blog/the-millionaire-myth-and-how-to-create-an-immediate-inheritance-for-the-people-you-love-no-lottery-win-required) --- ### What to do before you’re really rich Good things, they say take time, but that's not going to work when it comes to protecting your family's future. Some things, especially when it comes to protecting and providing, have to be the priority, and even have an element of urgency. But what if I can't afford it, yet? What if I'm not rich enough, yet? What if, ... and the list will go on. - [ nominated benificiary ](https://mail.sapience.com.au/beneficiary) - [ life insurance benificiaries ](https://mail.sapience.com.au/all-tags/life-insurance-benificiaries) - [ binding death nominations ](https://mail.sapience.com.au/all-tags/binding-death-nominations) - [ inheritance management ](https://mail.sapience.com.au/all-tags/inheritance-management) - [ 🛡️ Specialist Risk & Insurance ](https://mail.sapience.com.au/insights/specialist-risk-insurance) [ Read more … ](https://mail.sapience.com.au/blog/the-millionaire-myth-and-how-to-create-an-immediate-inheritance-for-the-people-you-love-no-lottery-win-required) [ ![Aunt Edgar's most recent mulberry wine exploits](https://mail.sapience.com.au/images/blog/intro-forget-the-will-for-a-moment-lets-talk-about-who-makes-decisions-when-you-cant-sapience-financial.jpg) ](https://mail.sapience.com.au/blog/forget-the-will-for-a-moment-lets-talk-about-who-makes-decisions-when-you-cant "Forget the Will for a Moment. Let's Talk About Who Makes Decisions When You Can't") ## [ Forget the Will for a Moment. Let's Talk About Who Makes Decisions When You Can't ](https://mail.sapience.com.au/blog/forget-the-will-for-a-moment-lets-talk-about-who-makes-decisions-when-you-cant) --- ### A Practical Guide to Your Power of Attorney and Enduring Guardianship documents in Australia You’d think appointing someone to make legal decisions for you in case of a future emergency, would be simple. In Australia, you’d be wrong. What’s called an ‘Enduring Guardianship’ document (EPOG) in Sydney requires a completely different document in Melbourne or an ‘Advance Care Directive’ in Adelaide - each with its own strict and unique witnessing requirements. - [ family health & safety ](https://mail.sapience.com.au/all-tags/family-health-safety) - [ inheritance management ](https://mail.sapience.com.au/all-tags/inheritance-management) - [ enduring power of guardianship ](https://mail.sapience.com.au/all-tags/enduring-power-of-guardianship) - [ modern estate planning ](https://mail.sapience.com.au/all-tags/modern-estate-planning) - [ ⚖️ Estate Law & Succession Planning ](https://mail.sapience.com.au/insights/estate-law-succession) [ Read more … ](https://mail.sapience.com.au/blog/forget-the-will-for-a-moment-lets-talk-about-who-makes-decisions-when-you-cant) [ ![a happy young lady in a dress playing on a tightrope in the part supported by her partner](https://mail.sapience.com.au/images/blog/intro-the-double-income-tightrope-what-is-your-backup-plan-for-the-mortgage-sapience-financial.jpg.jpg) ](https://mail.sapience.com.au/blog/the-double-income-tightrope-what-is-your-backup-plan-for-the-mortgage "The Double-Income Tightrope: What's Your Plan B for the Mortgage?") ## [ The Double-Income Tightrope: What's Your Plan B for the Mortgage? ](https://mail.sapience.com.au/blog/the-double-income-tightrope-what-is-your-backup-plan-for-the-mortgage) --- ### The Plan Your Spouse Thinks You Already Have If your Mortgage Repayments rely on two incomes, what happens when one income is gone? As a risk insurance specialist, I see all too often hard working Australian families, who seemingly have doing everything right - juggling two incomes, a home to call their own, yet they're walking a financial tightrope daily that they see as simply, the 'new normal' and feeling powerless to protect themselves from it's very real risks. - [ life insurance ](https://mail.sapience.com.au/life-insurance/life-terminal-illness-insurance) - [ income protection ](https://mail.sapience.com.au/all-tags/income-protection) - [ total & permanent disability (TPD) ](https://mail.sapience.com.au/all-tags/total-permanent-disability-tpd) - [ managing the mortgage ](https://mail.sapience.com.au/all-tags/managing-the-mortgage) - [ family protection ](https://mail.sapience.com.au/all-tags/family-protection) - [ 🛡️ Specialist Risk & Insurance ](https://mail.sapience.com.au/insights/specialist-risk-insurance) [ Read more … ](https://mail.sapience.com.au/blog/the-double-income-tightrope-what-is-your-backup-plan-for-the-mortgage) 1. [ AI and the Future of Professional Advice](https://mail.sapience.com.au/blog/ai-and-the-future-of-professional-advice) 2. [ Beyond the Diagnosis: Chronic illness and life insurance policies you can no longer afford](https://mail.sapience.com.au/blog/beyond-the-diagnosis-chronic-illness-and-life-insurance-policies-you-can-no-longer-afford) 3. [ Ending a De Facto Relationship in NSW: The Checklist you Need](https://mail.sapience.com.au/blog/ending-a-de-facto-relationship-in-nsw-checklist) 4. [ Protecting Inheritances: The Bankruptcy Trust in a Protective Will Explained](https://mail.sapience.com.au/blog/protecting-inheritances-the-bankruptcy-trust-in-a-protective-will-explained) 5. [ Protecting Inheritances: The Superannuation Proceeds Trust in a Protective Will Explained](https://mail.sapience.com.au/blog/protecting-inheritances-the-superannuation-proceeds-trust-in-a-protective-will-explained) 6. [ How many times you can claim on a personal insurance policy?](https://mail.sapience.com.au/blog/how-many-times-you-can-claim-on-a-personal-insurance-policy) 7. [ Getting Life and Disability Insurance when you're living with Sleep Apnea](https://mail.sapience.com.au/blog/getting-life-and-disability-insurance-when-youre-living-with-sleep-apnea) ### [ Modern Small Business Leadership](https://mail.sapience.com.au/blog/modern-small-business) Page 5 of 49 ## Schema ```json { "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home |", "item": "https://mail.sapience.com.au" }, { "@type": "ListItem", "position": 2, "name": "Blogs", "item": "https://mail.sapience.com.au/blog" } ] } ```