How to avoid common NDIS plan management mistakes
Published at 09-12-2024 14:15:00
How to avoid common NDIS plan management mistakes
Managing your NDIS plan can sometimes feel overwhelming, and even small mistakes can affect how you use your funding. The good news is that with a bit of knowledge and planning, you can avoid common pitfalls and ensure that your funds are being used efficiently to support your goals. In this article, we’ll cover the most frequent mistakes NDIS participants make and share practical tips on how to avoid them, ensuring your NDIS journey runs smoothly.
1. Not Tracking Your Spending Regularly
One of the most common mistakes is not keeping track of how your funds are being spent. This can lead to overspending in some areas or running out of funding before the plan ends. While a good plan manager will notify you if you’re approaching or going over budget, it’s still important for you to track your spending yourself. To avoid this:
- Check your budget regularly: Use tools like financial statements or ask your plan manager for updates on your spending.
- Set spending alerts: Work with your plan manager to set up notifications when you’re nearing spending limits.
By staying informed, you can make adjustments before it’s too late.
2. Misunderstanding What Supports You Can Buy
Another common mistake is attempting to use NDIS funds for items or services that aren’t covered. This not only wastes your budget but can also lead to funding being declined. To avoid this:
- Use the Can I buy it checklist (pdf) : This checklist can help you determine whether a support is NDIS-eligible.
- Talk to your plan manager: If you’re unsure about whether something is covered, reach out to your plan manager for clarification before making a purchase.
3. Not Maximizing Your Capacity Building Supports
Capacity building funds are often underutilized, even though they’re key to helping you achieve long-term goals like independence and employment. To avoid missing out:
- Identify your goals: Work with your plan manager to set clear goals that can be supported by capacity building funds.
- Review available services: Explore services such as job coaching, life skills training, and therapy, which can help you grow over time.
4. Failing to Plan for Changes in Circumstances
Your needs and circumstances may change over time, but not adjusting your plan to reflect those changes can lead to underutilizing your funds or gaps in support. To avoid this:
- Review your plan regularly: Schedule regular check-ins with your plan manager to assess whether your supports still meet your needs.
- Request a plan review: If your circumstances change significantly, don’t hesitate to request an early plan review to ensure your funding matches your current needs.
5. Forgetting to Review Your Service Agreements
Your service agreements outline the services you’re receiving and the associated costs. Failing to review them can lead to misunderstandings or unexpected charges. To avoid this:
- Understand your agreements: Make sure you know exactly what services you’re receiving and what they cost.
- Update agreements as needed: If your needs change or you’re unhappy with a service, update or renegotiate your agreements to reflect these changes.
6. Not Communicating with Your Plan Manager
Many NDIS participants don’t stay in regular contact with their plan manager, which can result in missed opportunities to adjust or optimize their plan. To avoid this:
- Keep an open line of communication: Make sure you’re checking in regularly with your plan manager and addressing any concerns as they arise.
- Ask questions: If you’re ever unsure about your plan, don’t hesitate to reach out for clarification.
In Summary
Avoiding these common mistakes can help you get the most out of your NDIS plan and ensure that your funding is working for you. By staying organized, communicating with your plan manager, and understanding how your funds can be used, you’ll be able to manage your plan with confidence and peace of mind. At Just Plan Managers, we’re here to support you every step of the way, ensuring your NDIS journey is smooth and successful.