Managing your NDIS budget wisely is key to reaching your goals and getting the support you need. By using the right strategies, you can make sure every dollar is used effectively. Here are five simple tips to help you get the most from your NDIS budget.
1. Understand Your Budget Categories
NDIS plans have different budget categories, each with its own purpose. These include:
- Core Supports – Everyday support and personal care
- Capacity Building – Skill development and independence
- Capital Supports – Equipment and home modifications
Knowing how these categories work can help you allocate your funding correctly. Skylight’s team can explain these in simple terms and help you track your spending, so your budget works for you.
2. Track Your Spending Regularly
Checking your expenses often helps you avoid running out of funding too soon. Regular tracking prevents overspending or leaving funds unused.
At Skylight, we make this process easy with detailed monthly statements and an online portal. You can see your spending in real-time and adjust as needed.
3. Choose the Right Providers
Picking the right service providers can help your budget go further. Consider both registered and unregistered providers to find the best fit for your needs.
With Skylight’s Plan Management, we can help connect you with trusted providers and handle payments quickly, so you can focus on what matters most.
4. Plan for High-Cost Items
If your plan includes assistive technology or home modifications, it’s important to plan ahead. Large purchases may require approval and extra paperwork.
Our Skylight team helps you gather quotes and submit requests, ensuring everything is done correctly and on time.
5. Get Expert Guidance
NDIS rules can be complex, but expert advice can help you make smart financial decisions.
Skylight’s experienced Plan Managers provide personalised support to help you follow NDIS guidelines and avoid common pitfalls.
Maximise Your NDIS Budget with Skylight
Understanding your plan, tracking your spending, and choosing the right providers can make a big difference. Skylight’s Plan Management services provide expert support to ensure your funding is used wisely.
Want to make the most of your NDIS budget? Contact Skylight today to see how we can help!
