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Fact Sheets - Money Management (Adults)

Sample Fact Sheet

This page includes the following Fact Sheets:

Self-funding care

A self-funder is someone who pays the full cost of their care and support, because they either do not meet the rules on eligibility, or following a financial assessment have sufficient funds to pay the full costs of any care and support they need.  You can find more information on the Getting Informed website.

Paying for Care at Home

This guidance is aimed at those who have already received a social care assessment and are eligible for care and support.  If you need care and support whilst living at home, we will carry out a financial assessment. The assessment looks at your financial circumstances to work out if you need to contribute towards the cost of your care, and if so, how much that contribution should be.

Money Management Help

This fact sheet provides guidance on how we can support someone who is unable to manage or make decisions about their financial affairs - usually because they lack mental capacity

Personal Budgets and Direct Payments

A personal budget is an amount of money made available to meet your social care and support needs, following a care assessment.  A direct payment is a personal budget taken as a cash payment, made directly to you. It can also be paid directly to an authorised person or to an organisation acting on your behalf.

Paying for Care in a Care Home

This guidance is aimed at those who have already received a social care assessment and are eligible for care and support.  A financial assessment will calculate how much you need to pay towards the cost of your care in a care home, by looking at your income, savings, capital and benefits, including any additional benefits you may be entitled to.

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