To ensure your PHB is going to meet your ongoing care and support needs, working out the amount of money and identifying an indicative budget must be done after your health/wellbeing needs have been assessed (Step 2). 

The indicative budget is a realistic amount of money you are likely to require to meet your needs. 

When creating a budget, the following principles should underpin the process.

• Transparency - You should be made fully aware of what your budget is & how it has been calculated. 
• Timeliness - An indicative budget needs to be known before the detailed personalised care and support planning process can begin to enable you to plan how your needs can be met. 
• Sufficiency - The final budget calculated must be sufficient to meet your needs & intended outcomes.