Looking after your own money
If you think you can look after your own money or it is your goal, we’re here to help you. You might be able to practice managing certain amounts of your money, such as your pension.
Getting started
How to start looking after my own money?
You may wish to make an application to start managing some of your own money if you can:
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demonstrate how you plan to manage your money independently (by yourself)
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get written support from your doctor, psychologist or social worker.
It is important to firstly discuss your application with your Client Service Team and the important people supporting you so that you are confident that you understand everything involved.
We may do a trial period first. If you successfully manage some of your money, you may be able to apply to have your financial management order reviewed.
If we approve your application to manage some of your money, it will usually be granted for 12 months.
However, if you have difficulties we will need to review how your money is looked after.
You can download the Self management section 71 factsheet for more information.
How to demonstrate I can manage my own money?
You can show us that you have capacity to manage your own money by:
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providing copies of recent bills that have been paid
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providing copies of recent bank account statements that show payment of debts
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providing a copy of your budget.
How to get my financial management order reviewed?
If you believe you can manage your financial affairs on your own, you can apply for a review of your financial management order from the court or tribunal who issued the order.