Definition
A way of managing a personal budget where the money is held by a ‘third party’ organisation in a managed account. The person remains in control of what the money is spent on, but doesn’t have the responsibility of managing the budget.
A way of managing a personal budget where the money is held by a ‘third party’ organisation in a managed account. The person remains in control of what the money is spent on, but doesn’t have the responsibility of managing the budget.