The National Disability Insurance Scheme (NDIS) offers individuals with disabilities the opportunity to take control of their funding through self-management. If you’re considering self-managing your NDIS funds, here is a step-by-step guide to help you navigate the process.
- The NDIS website provides a comprehensive self-management guide that covers everything you need to know about self-management. Download this guide to get started.
- Familiarise yourself with the advantages of self-management. The guide will outline the benefits and help you make an informed decision.
- Determine the supports you require and how they align with your plan goals. Consider the ways in which you can engage your supports or purchase them to achieve your objectives.
- Ensure you have the necessary skills to manage your finances. Being able to read and understand bank statements and financial statements is important. Keep track of receipts and expenses to maintain accurate records.
- Develop negotiation skills to communicate effectively with service providers. This will help you get the best value for your funds.
- Learn how to make payment requests through the myGov portal to access your funding and pay for the supports you have purchased. The guide will provide detailed instructions on this process.
These steps will give you a solid foundation for self-managing your NDIS funds. However, it’s important to remember that there are alternative methods of managing your plan, such as agency managed or plan management through a provider. Consider your options and choose the one that best suits your needs.
If you have further questions or need assistance, reach out to the friendly staff at Able Care. They can provide expert advice and guidance tailored to your specific situation.
